CEOs may promise to be ethical, but most of them do the bare minimum, says The Enlightened Capitalists author James O’Toole

James O’Toole, the author of The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good, says most business leaders can’t and won’t fulfill their ethical promises. | Christine Burrill A recent pledge by 181 American CEOs to care about more than their shareholders “had all the moral weight of a New Year’s resolution and about the same odds of being fulfilled,” O’Toole says. In August, a group of 181…

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Pete Buttigieg wants to the US to be carbon neutral by the time he’s 68

Sound Bend, Ind. Mayor Pete Buttigieg wants to make sure no part of the country is left behind in the transition to clean energy. | Nam Y. Huh/AP The South Bend mayor’s new climate change plan sets ambitious targets and includes small towns and rural areas. The youngest Democratic contender for president, South Bend, Indiana, Mayor Pete Buttigieg, will be 68 years old in 2050. That’s younger than fellow hopefuls Sen. Bernie Sanders, Sen. Elizabeth…

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Kamala Harris’s climate plan would take polluters to court

Democratic presidential candidate U.S. Sen. Kamala Harris (D-CA) speaks during the Democratic Presidential Committee (DNC) summer meeting. | Justin Sullivan/Getty Images The new plan comes out of her experience confronting corporations as California’s attorney general. Drawing on her track record of fighting the fossil fuel industry with the courts, Sen. Kamala Harris put forward a plan on Wednesday to address climate change by holding polluters to account. One of several 2020 Democrats to unveil a…

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Five-year mutual fund returns fall below PPF’s, but all is not lost

Equity mutual fund returns have been hit hard by GDP slowdown and its effect on the stock market.But some analysts say one should invest in equity mutual funds at times when economic growth is low and valuations are attractive Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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