Saturday, June 23, 2007
Businesses call for stronger green regulations
According to a new report released yesterday firms should be subject to " stronger frameworks of law and regulation", multinationals should use their political influence to demand more stringent legislation, and businesses should redefine success to include social, environmental and human aspects of their operations alongside purely financial considerations.
The author of the report? Oxfam? The Fabian Society? Maybe even the International Worker?
Nope, it was Tomorrow's Global Company, a big business think tank, backed by some of the world's largest companies.
It has become something of a cliché for those in the green business movement to claim that things keep happening that would have been unthinkable even six months ago, but it truly is hard to recall a precedent for so many influential multinationals calling for more stringent regulations.
Entitled the Tomorrow's Global Company: Challenges and Choices, the report was developed over 18 months by a team drawn from a raft of businesses and NGOs, including Anglo American, Amnesty International, BP, Ford, Infosys, KPMG, McKinsey, Standard Chartered, SUEZ, and SustainAbility.
See full Article.