The first speaker I heard here at One Young World was the CEO of Bert’s Bees. He had a slide up on the big screen which explained that the bottom line has become the triple bottom line (see him explain below), which means that to profit we add people and the planet. And speaking to some of the delegates here, it’s clear many believe that the pursuit of profit is bringing a selfishness that’s harmful to our lives and our environment. Not all though.
One delegate from China told me he’s frustrated profit seems to have become a dirty word. He highlighted that chasing profit is bringing great changes to the standard of living in China.
Capitalism has a had a rough ride over the past two years. But does pursuing profit still over the best way to address the world’s problems. And do we risk diluting the benefits if we insist that every company all make accomodation for social and environmental concerns? Is there a chance that it’ll undermine the business and in turn mean fewer people are employed?
Tell us our views on the subject and whether it should make it on air.