Sustainability & Transition 2023-2024

HEC Management School ULiège: Tax evasion as an unintended consequence of environmental regulation This article examines the extent to which companies covered by the world’s largest emissions trading scheme (EU ETS) reduce their taxes after a sharp rise in the price of emissions allowances. The article points out that polluting companies recover part of the cost of emission allowances from society by reducing their tax contributions. As a result, part of the effectiveness of the European Emissions Trading Scheme as a mechanism for changing behaviour is reduced. This effect is mitigated by stronger governance mechanisms at company and national level. Wouter Torsin, wtorsin@uliege.be et Vincent Compagnie, vcompagnie@uliege.be Faculty of Medicine: Health justice - Detecting falsified and poor-quality medicines Falsified and substandard medicines account for around 10% of the global market. Early detection at every stage of the supply chain is crucial to ensuring quality healthcare. Portable near-infrared spectrophotometers can be used to do this. This project, in collaboration with international partners, aims to provide professionals in the field with tools for rapidly obtaining reliable information on the presence and quantity of active ingredients in essential medicines. To achieve this objective, the project plans to create a reference database of spectra, as well as protocols for sampling, measuring spectra and analysing the data. One of the drugs tested in the pilot phase is an antibiotic recently classified by the WHO as being of high priority and critical importance. The control of these antibiotics, used in humans and animals, is part of the «One Health» approach to global health. Éric Ziemons, eziemons@uliege.be ; Roland Marini, rmarini@uliege.be et Pierre-Yves Sacre, pysacre@uliege.be University of Toulouse, University of Abomey-Calavi, Benin Ministry of Health and the Pierre Fabre Foundation MORE INFORMATION Faculty of Gembloux Agro-Bio Tech: Towards organic, fair-trade and carbon-neutral cocoa Agroforestry cocoa growing is a promising way of tackling climate change. Incorporating trees into plantations improves shade, soil fertility and carbon capture. These trees also provide wood and useful products for medicines and food, reducing the pressure on natural forests. The «People Planet and Cocoa» project, launched in 2019 by Belgian chocolate maker Galler with the support of the King Baudouin Foundation, has helped 1,218 producers from the Yéyasso cooperative in Côte d’Ivoire to plant 60,000 trees on over 2,000 hectares. In 2023, ULiège experts extended this initiative for a further three years with the project «Towards organic, fair-trade and carbon-neutral cocoa». They are measuring the benefits of agroforestry, in particular the amount of carbon captured. Jean-Louis Doucet, jldoucet@uliege.be TREES TO SAVE CHOCOLATE ADVOCACY FOR SUSTAINABLE FOREST MANAGEMENT ©JL Doucet 6 | ACTIVITY REPORT SUSTAINABILITY AND TRANSITION AT ULIÈGE | 2023 – 2024

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