Conventional structures of business ownership have been shown to be completely incompatible with the needs of the planet and society. Short term profit motivated thinking has cost us dearly and the implications of veracious capitalism and the consumerist society that it has created are now coming home to roost. Urgent action is required and business needs to be a big part of this – they can’t just wait for customers to demand action from them. Movements like BCorp give cause for hope – galvanising businesses around the world behind a desire to balance profit and purpose. But without a fundamental rethink of business ownership – will business ever really be fit for purpose for our future.
In this session we will consider businesses that have chosen or are considering different paths of ownership to seek to lock in values for the long term. The session will be chaired by Rob Haward, MD of Riverford and will include Guy Singh-Watson, Riverford’s Founder, and Gabriela Delgado, who represents a co-operative of cardamom growers in Guatemala.
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