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Fifth annual conference on Trust and Integrity in the Global Economy attracts participants of 26 nationalities

The fifth annual conference on Trust and Integrity in the Global Economy (TIGE) was held at the international conference centre of Initiatives of Change in Caux, Switzerland, from 15 to 24 July. It attracted participants from 26 countries. They included businessmen and bankers, social entrepreneurs and farmers, academics and consultants, campaigners on the environment and sustainable development, university students and families. As well as daily plenary sessions, six work stream discussion groups met over three days to share experiences and insights. These were on: reshaping business around core values; food and the new development paradigm; leading change for a sustainable world; authentic self-leadership; integral economy and integral society; and creating a learning society.

Each day, a conference ‘Hub’ provided a meeting place where new ideas and initiatives could be shared with the whole conference. Swedish participants highlighted their annual World Values Day during the conference and British banker Paul Moore launched an online New Wilberforce Alliance which seeks to ‘free the world from the modern-day slavery caused by the culture of greed’. L’Hebdo, the leading French-language weekly magazine of Switzerland, interviewed conference keynote speaker Lady Susan Rice, Managing Director of Lloyds Banking Group in Scotland who is also a member of the governing body of the Bank of England.

The following reports give a picture of the whole conference. Reports by: Chris Breitenberg, Yasin Choudhary, Sophie Durut, Dorothea Endres, Louisa Meury and Andrew Stallybrass. Photos by: Marion Bouvier, Mbindyo Kimanthi and Louisa Meury.

Comment trouver l'équilibre entre éthique et profit dans une société axée sur le marché? Comment intégrer pleinement la collaboration dans le leadership? Corruption, individualité, meilleure prise de décision et impact social étaient au centre des discussions du Forum de la société civile organisé par Initiatives et Changement dans son centre de Londres.

A major feature in the the Economic Times, Mumbai, April 19th, looks at the way that the German multinational engineering company Siemens has cleaned up its act after the scandal which led to the company admitting to several bribery charges and paying around $1.6 billion in fines.

So successful has been the turn-around that another engineering giant, Tata Group, is studying it closely with a view to licensing some of the processes. 

Tony Bradley, Deputy Director of the SEED (Social and Ethical Enterprise Development) Centre at Liverpool Hope University, writes about 'another new kid on the block: the alternative worlds of social and ethical businesses' in Business Trends, 14 March 2012.

CIB conferences are held in India jointly hosted by India and Japan. The report is now available of the sixth Annual Conference held at Asia Plateau, Panchgani where 139 delegates from 12 countries gathered, on the theme, 'Making Growth Sustainable – Balancing Economic Growth and Human Responsibility'. It took place from November 18 to 23, 2011 at Asia Plateau, Panchgani.

Professor Mohammed Yunus, founder of the Grameen Bank, Bangladesh, interviewed by Shaun Ley for Radio 4’s The World This Weekend news programme – 11 March 2012.

A new integrity charter mark for businesses and organisations, aimed at embedding ethical practice throughout their staff, was launched in the Mansion House in the City of London on 15 March. Investing in Integrity (IiI) has been developed by the UK’s Institute of Business Ethics and the Chartered Institute for Securities and Investment (CISI), both non-profit bodies which promote ethics and integrity in business and finance.

The workstream’s vision is to bring together people dreaming to make the new green economy a reality and support them in becoming inspiring leaders for a self-sustaining global movement. India being a recognised engine of economic growth, it is imperative to envision a green economy and create leaders aspiring for trust and integrity in a just and equitable global economy. Our approach is based on the TIGE / Caux principles that 'global needs can be met through transformational change.'

What is the Lord Mayor’s ‘Restoring trust in the City’ initiative all about? Corporate governance adviser Richard Sermon, who was Chairman of the Advisory Board of the previous Lord Mayor of London’s initiative, spells out a seven-point plan.

Senior Indian and Japanese business executives discussed the balance between economic growth and human responsibility, when they met at the sixth annual conference of Caux Initiatives for Business (CIB), Asia Pacific regional group. The conference, on ‘Making growth sustainable’, took place at Asia Plateau, the Initiatives of Change conference centre in Panchgani, Maharashtra, from 19 to 23 November.

Yahaya Ahmed from Nigeria has pioneered a cooking stove to fight the encroachment of the desert and climate change. It is also helps to combat communal tensions. He told his story to Michael Smith at a recent conference on 'trust and integrity in the global economy' in Caux, Switzerland.