TRIGONOS
& THE GLOBAL RECESSION - Crises
are the Time for Thinking & Acting Differently
Meltdown might be the
word of the moment.
- Meltdown
of banks, the global financial system and the
real economy (manufacturing and
service provision)
- Meltdown
of the ice caps and glaciers along with prolonged
droughts & huge agricultural loss
- Meltdown
of trust in leaders and institutions and in
hope for the future
Until recently climate change was probably seen
as the greatest challenge facing the world by people
in rich nations like the UK, but many may not now
think this to be true. The economic meltdown brings
immediate pain or fear to the majority whereas major
climate change is a future event that we can hope
may not even happen. Unless, that is, you are poor
and living in the developing world where the consequence
are already acutely felt.
The
present economic and climatic disasters are so closely
related that they are best regarded as presenting
conjoined crises. Our desire for material possessions,
food and travel is the stuff of global warming.
The resurrection of economies through the re-growth
in existing patterns of consumption may relieve
some immediate economic problems but only by boosting
the conditions for a future climate catastrophe.
Borrow and spend, no matter the long-term
cost is the plea from governments facing political
meltdown induced by economic failure.
To avoid meltdown ecological, social and
economic there has to be substantial change
that is accepted as the responsibility of everyone.
The 20th century saw the world dominated by companies
whose priority is the maximisation of shareholder
value, measured solely in financial terms. The 21st
century needs businesses that have a different set
of values, giving equal weight to social, environmental
and economic outcomes. Such businesses have to address
their impact upon all who are touched by their activities,
be they customers, employees, suppliers or bystanders:
Business as if all people mattered.
Trigonos
is part of a growing number of social businesses
that are values rather than shareholder driven.
As a company limited by guarantee we have no shareholders
and neither distribute profits nor pay bonuses.
What we do have are strong ethical and sustainability
policies and practices that are designed to ensure
that our business activity is focussed on benefiting
many and damaging none.
We all have a part to play in resolving the current
crises. One of the biggest engines for change is
the power of everyone who buys goods and services.
Individually we can choose to deal with businesses
that have a well-rooted and long-term commitment
to ethical practices. Our single action will bring
about very small changes but it will encourage others,
who encourage others, until the cumulative affect
grows into true significance. In so doing we can
all contribute towards a fairer and safer world.
March
2009
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