I think it is fair to say that trust in big business is at an all-time low. The banking sector, energy companies and other big businesses have made many headlines in the last few years about corporate greed and misbehaviour at the highest level.
But here is the point, love ’em or loath ’em, we need big business, the economy needs them, we all need them. What needs to be done here is that we find better controls to prevent corporate misbehaviour.
Today’s publication of the European Commission’s draft legislation on disclosure of non-financial and diversity information will hopefully help with this process.