Champion of better capitalism
This week I am off to Cumbria for some autumnal fell-walking in the Western Lakes. This will take me back over 40 years to a happy year spent as a Personnel Manager (yes that’s what we were called!) in a GEC factory. I vividly remember … Continue readingOur better nature
‘I don’t think the passengers will notice any difference’ said Transport Minister Grant Shapps as he announced that South Eastern Railways would be taken back into state ownership. This must have prompted a simple question in the minds of those passengers. What have we been … Continue readingOn behalf of which people?
Two weeks ago, I argued that ESG is not an investment category. It is an adjective, not a noun. It doesn’t make sense to pretend that there is some common quality attributable to any investment fund that uses the term ESG. ESG is an umbrella … Continue readingStewardship could deliver what ESG cannot. Here’s how
‘The first principle of 21st century economics is to protect the life-supporting systems of the living world. That’s why I stand, with my daughter, with @XRebellionUK and all who rebel for life.’ The first principle of 21st century economics is to protect the life-supporting systems … Continue readingRebellion and the boardroom
Imagine being told that the evidence is now overwhelming that eating more food contributes to longer life. If you are suffering from malnutrition this is of course true. If, on the other hand, you live in comfort and don’t bother to take any exercise, it … Continue readingESG is not a noun: it is an adjective
Are there difficult environments where aggression and bullying are the only way to get results? This question was raised in the Financial Times this week following the downfall of Andrew Cuomo, Governor of New York. The investment world is not always noted for its patience. … Continue readingStewardship’s quiet hero
I am a judge. Not in a court of law, but in a rather special company award scheme. For the last 23 years, I have been one of three judges for Mark in Action, an award scheme operated by Unipart Group to recognise outstanding customer … Continue readingBetter judgement
Is the governance and proper conduct of our companies a priority for the UK government and Kwasi Kwarteng, the Business Secretary? It would appear that the answer is ‘no’. The whole UK system of listed companies depends for its regulation on the workings of … Continue readingFirst steps towards a wealth creation manifesto
‘It was getting hotter’. These are the opening words of ‘The Ministry for the Future’, a science fiction novel by Kim Stanley Robinson. The opening chapter is set in Lucknow, India. As the sun rises in the sky, ‘people were dying faster than ever’. This … Continue readingA national discomfort policy
Last week I was invited by the UK’s Institute of Directors (IoD) to hear a discussion about the proposal for a Better Business Act (BBA) This comes from the UK branch of the admirable B Corp movement, which has attracted 3720 companies in 74 countries … Continue readingThe Better Business Act – a charter for pie splitters?