Business and financial sector
Corporate law needs to be changed so that all corporations and limited companies must demonstrate how they will become carbon neutral by 2045 and all investors should be given information about a company's current carbon/environmental footprint as part of the share purchasing process. Additionally, companies should be established not with profit as the primary driver, but social responsibility (eg what problem facing society are they seeking to address). This change in law will require strong lobbying with the UK government
Why the contribution is important
Currently, our econonic system encourages profit above all else, including the long term harm caused by carbon emissions and environmental degredation. Companies should not be allowed to operate if they continue to cause this destruction and instead should be established to serve society (which does not preclude the making of profit). In this way, we will be creating a society which discourages blind self interest and encourages prosocial behaviour.
by mgtmclean on October 25, 2020 at 06:07PM