srijitIn How to run a business in a dangerous and disorderly world, the author claims that in a fractious world, businesses cannot hide from politics and geopolitics. The response from Alberto Alemanno is informative with interesting perspectives. Alberto Alemanno is Jean Monnet Professor in EU Law at HEC Paris.
"Historically, businesses have stayed away from the most contentious social issues in order to preserve their bottom line. Yet this has never prevented them from using their corporate political power, through lobbying and other subtler forms of influence, to bend the rules to serve their own self-interest.""The misalignment between corporate lobbying and companies’ commitments to values is a big factor underpinning a lack of progress on numerous critical issues, ranging from the failure to act on the climate emergency to an unfair global tax regime."
"With investors, employees and customers increasingly scrutinising corporate conduct, there is a clear case for greater transparency and responsibility in the way companies exercise their political influence, especially through their unaccountable trade associations."
"Ultimately, no company can declare itself sustainable unless it fully internalises not only its environmental and social impact, but also its political footprint."#GeoPolitics #Business #ClimateEmergency #Climate #SocialImpact #CorporateLobbying
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