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Commentary: CEOs must address human rights, environmental & governance challenges in own operations
Author: Amol Mehra & Camille Gervais, Intl. Corporate Accountability Roundtable , Published on: 5 February 2018
“Morality & the Market"
For too long, the dominant narrative around the market has been to maximize profit and prioritize redistribution to shareholders...The consequences of companies’...behavior...have led to a general distrust of corporations...It is within this context that recent efforts by CEOs...offer an opportunity to course correct the very nature of the market...Morality is perhaps finally entering the market...but it is not enough...CEOs have focused on key political issues...but ignored other pressing human rights...CEOs must understand that morality should be measured not just from statements and commitments, but rather from evidence that a company is itself addressing human rights, environmental, and governance challenges in its own operations…
[Also refer to: BlackRock, Apple, Microsoft, Amazon]