Businesses do – and should – play a role in creating a better society

For a growing number of businesses, the lines between corporate profits, NGO values and government standards are blurring – and that’s a good thing

CEO Veronique Laury last month said that her company’s long term ambition is to create “a society that is better for all”. It’s a lofty statement, the kind one might expect to hear from the head of a nonprofit. But Laury doesn’t run a charity or NGO – she’s the head of Kingfisher, the publicly-held, $17bn home retailer.

Laury isn’t the only big business leader addressing her company’s impact on the world. This spring, chemical giant Dow launched its new 2025 goals with the explicit statement that it plans to “help redefine the role of business in society” and develop a “social blueprint that integrates public policy solutions, science and technology, and value chain innovation to facilitate the transition to a sustainable planet and society”.

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Source: The Guardian Circular Economy RSS