A CEMS Blocked Seminar, entitled “Corporate Social Responsibility and Sustainability: New Perspectives on Business Management,” was held from September 5-10, 2005, at Bocconi University in Milan, Italy. Faculty included Knut J. Ims (Norwegian School of Economics & Business Administration, Bergen), Eleanor O’Higgins (University College Dublin), Antonio Tencati (Bocconi University Milan), Steen Vallentin (Copenhagen Business School) and Laszlo Zsolnai (Corvinus University of Budapest). Zsolnai presented the video “The Paradox of Business Ethics,” produced by the Business Ethics Center, and lectured on ethical business models in which managers consider the interests of the natural environment, society at large and future generations.