by clare@gibit.co | 25 Jun 2021 | Responsible Business
A reader (in fact, one that provided invaluable input into “Grow the Pie”) alerted me to the article “CEOs Are The Problem” by renowned MIT economist Daron Acemoglu. The article makes the following arguments: The current model of capitalism (shareholder primacy) is...
by aedmans | 13 May 2021 | Responsible Business
Scientific Beta has just released a study claiming that there is “no evidence that ESG strategies outperform” after controlling for risk. Their research has been seen as paradigm-shifting since, previously, there was apparently clear evidence that ESG delivers alpha....
by aedmans | 11 Mar 2021 | Responsible Business
In February 2021, Dee Corrigan, Head of Corporate Engagement at A Blueprint for Better Business interviewed me on the tough questions faced by companies seeking to put purpose into practice. Since Blueprint’s network already understands the value of purpose,...
by aedmans | 8 Feb 2021 | Responsible Business
Should Investors Aim for a Net-Zero Portfolio? In 2020, Extinction Rebellion activists dug up the lawn of Trinity College, Cambridge, accusing it of being “complicit in the climate & ecological crisis” by investing £9.1 million in oil and gas companies. Later that...
by aedmans | 17 Jan 2021 | Responsible Business
Milton Friedman’s article “The Social Responsibility of Business is to Increase Its Profits” is often ridiculed as being from the dark ages – implying that companies should focus entirely on making money and exploit everyone else in doing so....
by aedmans | 18 Oct 2020 | Responsible Business
The Rights and Wrongs of Milton Friedman Milton Friedman’s infamous article, “The Social Responsibility of Business is to Increase its Profits”, is widely ridiculed for exemplifying everything that’s wrong with capitalism. But many of Friedman’s critics haven’t read...