Should #water firms should be transformed into 'social purpose' firms?
This approach (often referred to a BCorps) is an already relatively successful way of instituting non-financial outcomes into Directors formal legal responsibilities.
The Q. is who is empowered to enforce such requirements? Too often this amounts to a form of self-regulation (or reporting), not external sanctioning.
The danger is its a privatisation of #OfWats work mascarading as meaningful reform!
https://www.theguardian.com/business/2023/jun/30/severn-trent-chief-social-purpose-water-firms-utilities-crisis-liv-garfield-thames-water-labour-renationalisation
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-07-01 08:44:56
Author Public Key
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2023-07-01 08:44:56Event JSON
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