Sunday September 27, 2020

Purpose and profit: has sustainability come of age?

14 top companies in Ireland achieve the Business Working Responsibly Mark

30th October, 2016
3
Pictured at the Business in the Community Ireland annual CEO Forum, which was addressed by world famous economist Professor Jeffrey Sachs. At the event Tánaiste Frances Fitzgerald presented 14 companies with the Business Working Responsibly Mark, the NSAI audited standard for sustainability. Back row from left: Clive Bellows, Country Head, Northern Trust; Eoghan Lynch, Managing Director, Arup; Niall Gleeson, Managing Director, Veolia; Kenneth Daly, Head of Selling and Marketing, Marks & Spencer Ireland; Carolan Lennon, Managing Director, Wholesale, eir; Alastair Blair, Managing Director, Accenture; Julian Yarr, Managing Partner, A&L Goodbody; and John Fenton, Senior Finance Manager, Janssen Supply Chain Ireland; front row from left: Chris Martin, Chief Executive, Musgrave Group; Maeve McMahon, Director of Customer Experience and Products, Ulster Bank; Liam McLoughlin, Chief Executive, Retail, Bank of Ireland; Professor Jeffrey Sachs; Tina Roche, Chief Executive, Business in the Community; Gary Hopwood, General Manager, Ricoh; Ray Collins, Strategy Director, Vodafone; and Gerry Madden, Managing Director, Transdev

What does it mean to say that a company acts responsibly? An ethic of responsibility is not easy to characterise, but there are several versions of what it looks like in practice: to simply yield profit for shareholders, to support local causes quietly and altruistically, or to assess every business decision against a set of principles that are grounded in respect for stakeholder views—employees, shareholders, customers, suppliers and more—as well as in respect for our...

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