“We are aiming high because we have no other option” - new campaign from business leaders, academics, legal experts, social enterprise support bodies and regional authorities calls for immediate shakeup of company law.
An EU law on how large companies report sustainability information is up for review, with a public consultation closing on 11 June. To have a real impact, the legislation needs much clearer requirements, argues law firm Frank Bold.
Despite some efforts to nurture the responsible business leaders of the future, our education system – along with legislation and business practice – still prevents corporations from fulfilling their broader purpose. What needs to change?