Wouldn’t it’s nice if corporations had a method of doing what they do with out excluding probably the most weak, or overreaching the planet’s finite sources? A crew of intelligent folks over at Doughnut Economics Action Lab (a can-do community impressed by Kate Raworth’s e-book of the identical title) have launched a brand new initiative to assist companies do exactly that.
The free-to-use Doughnut Design for Enterprise Software lays out a workshop-based framework for resolving gnarly questions associated to function, governance, possession and finance. Plenty of forward-thinking companies, such because the community-powered hospitality startup Fairbnb, have already taken the bounce.
The will to transform business-as-usual can be on the coronary heart of the Higher Enterprise Act. Backed by greater than 1,500 corporations, the legislative proposal goals to vary UK regulation in order that leaders of listed corporations can steadiness social and environmental considerations with their authorized responsibility to shareholders.
The proposed rule change takes its inspiration from the B Corp motion, which sees corporations agree to vary their founding paperwork to place shareholders on par (not above, as at current) with communities, the pure world and different so-called ‘stakeholders’.
The Act’s backers are at the moment working with supportive parliamentarians to get the concept included within the upcoming draft Audit Reform Invoice, which amongst different objectives goals to outline firms as ‘public curiosity entities’.
Picture: Rodion Kutsaiev