CBI Annual Conference: Business in the Community challenges business to go further, faster

Commenting on the CBI’s Annual Conference today, Amanda Mackenzie, chief executive of Business in the Community, said:

“Today’s CBI Annual Conference saw political leaders set out their visions for UK business and it was encouraging to see a theme of purpose beyond profit emerge. Our 40 years of experience in responsible business have taught us that hasty election promises are not enough: we need to move beyond worthy words to action. Our latest Responsible Business Tracker findings revealed that purpose-wash is on the rise with 86% of companies championing what their purpose is, but only 17% having a plan to make sure it’s practiced at every level of the organisation through their teams. If purpose is stated but not carried out, we will not see the end of poverty, inequality in our lifetimes or our planetary crisis.

“We are happy that more and more leaders are waking up to this reality. New initiatives like the Good Business Charter set out what must become the norm for all businesses and Business in the Community calls on all businesses to put aside competitive difference and urgently work together to make change – most critically, we challenge them to go further, faster.

“With only ten years left to deliver on the UN’s global goals, businesses need to collaborate and go above and beyond the basics. We need every business to raise the bar, champion a new way of doing business through working together and use their collective power to solve important problems. If they aren’t, we need them to answer a simple question: “why not?”

Media contact:

Katherine Howbrook, head of media and external affairs, Business in the Community, Tel: 075151 19096, email: katherine.howbrook@bitc.org.uk

About Business in the Community 

Business in the Community is the oldest and largest business-led membership organisation dedicated to responsible business. We were created nearly 40 years ago by HRH The Prince of Wales to champion responsible business.  

We inspire, engage and challenge members and we mobilise that collective strength as a force for good in society to:  

  • create a skilled, inclusive workforce today and for the future 
  • build thriving communities in which to live and work 
  • innovate to repair and sustain our planet 

 www.bitc.org.uk