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page 185 chapter VI
cates that the concepts of transparency and responsi-
bility have become topical again.
Rating agencies, too, have recognised the trend. However,
a lot still needs to be done in that quarter. Rating
agencies must commit themselves to applying the
Code of Conduct of the International Organization of
Securities Commissions, which also needs to be further
improved. In addition, consideration should also
be given to establishing a European rating agency to
counterbalance the agencies so far existing exclusively
in the USA.
I am convinced that it is possible to combine economics
and anthroposophy. Once again, the key to this is
quality, as a guarantee for competitiveness, as a guarantee
for durability: a “good product”, good for the
producers, good for the customers – and also good for
the company coffers, because even the best concept
cannot be realised without profits.
It is important not to reduce the Lisbon Strategy to
technical innovations. Innovation must also be seen in
a social and ethical context. Similarly, innovation does
not come from the corporate sector alone. We need
new concepts, creative, comprehensive concepts,
in the banks, among politicians, in the media and in
science. On the other hand, the European debate on
sustainable development should not concentrate primarily
on aspects of social and environmental policy.
Synergistic effects between the three components of
the Lisbon Strategy must be optimally exploited – economic
competitiveness, social integration and environmental
protection.