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President Bill Clinton Voices Hope For Haiti, Calls On Corporations To Lead In Addressing Its Recovery And Other Global Issues
by Economist Conferences
March 16 |
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President Bill Clinton told business and policy leaders at Economist Conferences' Corporate Citizenship event that Haiti has "the best chance in my lifetime to build a modern, functioning nation," but that significant near and long-term challenges remain. The former president called on the corporate community to address these challenges in Haiti and other societal issues by "figuring out where you can make the biggest difference" in applying resources. He further asserted that companies with a global reach have a duty to improve the environment in which they operate.
Clinton's remarks in conversation with Matthew Bishop, the U.S. business editor of The Economist and the conference chairman, closed the first day of a two-day conference that brings together top leaders from the public and private sectors to discuss how companies can play a more positive leadership role in society.
Turning closer to home, Clinton argued that both corporations and the public stand to benefit from job creation and economic growth stemming from health care reform, regulation of the finance sector and cap and trade legislation. He expressed the belief that health care reform advocates must "defend the morality, but argue the jobs" and predicted that America will pay a "terrible economic price" absent meaningful reform.
Prior to the President's remarks, speakers and panelists examined the role of the corporation in addressing critical societal challenges, including environmental stewardship and ethical leadership.
Ben Cohen, co-founder of Ben & Jerry's, called on business to go beyond corporate philanthropy efforts in serving the needs of society, arguing that business should play the role of watchdogs in calling attention to inefficient government spending and advocating for more efficient uses of taxpayer money.
Jeffrey Swartz, president and CEO of Timberland, urged businesses and consumers to consider recent economic turmoil as an opportunity to foster a "better capitalism," which he said has forced companies to make much more precise business cases for sustainability. Citing his work with Nike and Adidas, he emphasized the benefits that companies can yield benefit through cooperation with their competitors on social issues like labor rights and environmental impact.
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