they approach the lunar new year. this is your business report i m stephen beard s in the lead thanks for having us. what s the purpose of a company is it simply to create value for shareholders or is it to guarantee certain social goods like work decent wages now traditionally an american might answer that question differently than say a european but now with climate change looming and inequality persisting skepticism over traditional shareholder capitalism is coming from all corners and it s finding full voice in davos. one message coming out of 2 of those is that companies want to take more responsibility for the environment the world s biggest asset manager blackrock reiterated its plans to put climate change and sustainability at the heart of its investment strategy a statement of intent for the moment but definitely a trend is it just green washing or a serious commitment to a new form of capitalism it s not something that superficial it s not something that they re doi
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