DEBATE: Big Business Bad?
Spurred on by the Chocolate thread on the FOE LIVING forum site...a new topic seems to have arisen:
Is big business capable of evolution towards a more sustainable business model?
Why do we assume that because big business has generally ignored the people and planet bottom lines that ALL big businesses always will?
By big business, by the way, lets assume we mean publicly traded companies.
City Hippy's answer to kick things off:
Yes we believe that big businesses that are publicly traded can be ethical...saw a recent report from the US (cannot recall or find where - anyone know - think it was from the WSJ?) showing that public companies embracing the triple bottom line (people - planet - profits) are outperforming those focused on profits alone.
Examples...well it seems early days yet as publicly traded companies often seem slow to embrace trends...but Cadbury's buying Green & Black and Dean Foods Purchase of Rachel's Organic (Horizon Organic Brand) seem to indicate big business is starting to wake up and embrace a new business model.