‘There is enough in the world for everyone’s needs, but not for everyone’s greed’ - Mahatma Gandhi. These words were echoed by Mohan Bhagwandas, the conference coordinator of the ‘Trust and Integrity in the Global Economy’ (24-29 July) at the Initiatives of Change Center in Caux. Having opened yesterday, the conference brings together 160 people from many walks of life to explore pathways to a sustainable world.

Mr Rajeev Dubey, India, President (HR, After-Market & Corporate Services) & Member of the Group Management Board of Mahindra & Mahindra Ltd. will deliver the Caux Lecture at the ‘Trust and Integrity in the Global Economy conference. He will speak on: "Transforming Capitalism with Trust and Integrity - what Corporates and Companies can do."

Sometimes the satirical newspaper The Onion is so right on, Thomas Friedman can’t resist quoting from it. Consider this faux article from June 2005 about America’s addiction to Chinese exports:

We had, to me, a very surprising development in Washington, DC yesterday, one right in line with some fundamental approaches advocated by the CRT and like-minded organizations.

“Conversations That Matter” presented by Gayle Hardie and Malcolm Lazenby at Australia/Pacific Centre for Initiatives of Change, Melbourne.
Reported by Niloufer Rakhangi in Melbourne

'We need a new form of moral capitalism,’ says corporate philosopher Roger Steare.

Newspapers are full of alarming news. Like a slow, subterranean fire, the 14-months-old credit crisis continues its rampage, this time bringing down major U.S. banks and insurance companies. By 15 September, four of them had lost over 80% of their value on Wall Street. The worst hit, a 158-year old institution, investment banker Lehman Brothers, was reduced to only 6.4% of its pre-crisis market value and did not even succeed in selling itself out, in spite of the fact that one of its core businesses was precisely to broker mergers and acquisitions!

Nigel Heywood, Team Leader, of the international Action for Life programme reports on Conversations that Matter on ‘Leadership and Values’, held on 24th June in Melbourne, Australia.

Michael Smith, freelance journalist from the UK and author of Trust and Integrity in the Global Economy – stories of people making a difference, spoke about his book to a Dutch audience, at the Initiatives of Change Centre in The Hague on 11 December, 2007.

Jamshed J Irani, a director on the board of Tata Sons, the parent company of the giant Tata industrial conglomerate, today emphasised the company’s commitment to ‘corporate sustainability’, saying that he preferred the phrase over ‘corporate social responsibility’. The latter was an inadequate term as it sounded like charity, he said. ‘We believe in corporate sustainability. We don’t just look at the community and society as one of our stakeholders. It is the very purpose of our enterprise.’