Peter Cafferkey is quoted in an article in Tempus Magazine on what many are calling a turning point.
On 16 January 2018 the world’s top CEOs woke up to a startling missive from one of their own. Laurence D Fink, founder of BlackRock, the most influential investment firm on Earth, wrote: “To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society.”
His letter, hailed as a pivotal moment in ‘conscious capitalism’, was all the more surprising having come from a CEO who, just four years previously, had claimed that activism harmed job creation. But Fink had since wised up: businesses that failed to engage with the community, he warned, would “ultimately lose the licence to operate from key stakeholders”
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