Summary

There are two fundamental reasons why it makes sense for business to act as a Force for Good.

 

The first is that the world is facing many major global problems, which will need applied ingenuity to solve. Of all the human institutions we could use, business has the most impressive track record of delivering innovative practical solutions to the widest range of problems.

 

The other reason is simply that it is in companies' own interest to do this. By helping to solve some of the key problems we all face, companies can generate more profit, and can build more resilient and sustainable business models.

 

The material below gives some examples.

Issues

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Sustainability Climate change Stewardship leadership Governance ClimateChange Investment Talent Values CSR Carbon ShoreBank Copenhagen ClimateChangeBrie... Trust
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posted by Admin  on January 24, 2008
The best companies link pay and promotion to their values, rewarding those who are judged to have lived up to what the company stands for. As many of the companies in this Inquiry Team have experienced, it is essential that those who fail to respect the company’s values do not progress in an organisation.
     

Issue(s): Embedding Values , Why we need Force for Good companies , How to be a Force for Good company , Global Financial Crisis
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posted by Admin  on January 24, 2008
Tomorrow's global company should expand its view of success and redefine it in terms of lasting positive impacts for business, society and the environment.
     

Issue(s): Redefining Success - beyond accounting , Why we need Force for Good companies , How to be a Force for Good company , Global Financial Crisis

Tag(s): RedefiningSuccess
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posted by Admin  on January 24, 2008
Because of their scale, power and influence, tomorrow’s global companies will have an important wider role as carriers of human values - for good or ill. If they fail to set high standards, others outside the company will find it easier to tolerate corruption, fraud and human rights violations. However, if they do act as role models, they will add value to the health of the societies in which they operate.
     

Issue(s): Embedding Values , Why we need Force for Good companies , How to be a Force for Good company , Global Financial Crisis
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posted by Admin  on January 24, 2008
In many cases, major issues can be addressed through international agreements. These subsequently need to be translated into national regulation that is then rigorously and uniformly enforced. Effective self-regulation, in its many forms, is often the first step.
     

Issue(s): Creating Frameworks , Why we need Force for Good companies , How to be a Force for Good company , Global Financial Crisis

Tag(s): CreatingFrameworks , Principles , Regulation , Voluntary
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posted by Admin  on January 24, 2008
For companies to fulfil the purpose we have set out, they not only have to be clear about their purpose but also adopt a stronger and more proactive role in society.
     

Issue(s): Redefining Success - beyond accounting , Embedding Values , Creating Frameworks , Why we need Force for Good companies , How to be a Force for Good company , What is a Force for Good company?

Tag(s): BusinessResponse , Innovation , Market , Purpose , Values

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