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The Lion King roared onto screens 30 years ago, capturing hearts unlike any Disney film since. But as the entertainment giant stumbles, it's worth considering the enduring magic of Simba's story and why modern Disney has struggled to recapture that spark.
The Vatican's new Instrumentum Laboris outlines the path forward for the Synod on Synodality, but with a heavy emphasis on process over substance. While it acknowledges the need for greater women's involvement, it firmly reinforces the authority of the Pope and bishops, raising questions about the true potential for change.
When Donald Trump was found guilty of 34 counts of falsifying business records, it represented a long-awaited triumph of the rule of law in the United States. But the verdict may not mean much in the long run, and has not affected Trump's popularity among voters. Watching Trump’s conviction from afar prompts us to consider how good we have it.
There has been an avalanche of divestment, including from the Rockefellers and the ANU, as they discern a lack of concern for environmental, social and governance issues. Shareholders attending Wednesday’s Commonwealth Bank AGM will hear a resolution requesting more transparency about the bank’s fossil fuel investments. But the bank’s response can seem like a game whose rules only become clear to its participants as they play it. Banks and other powerful organisations can still exploit any lack of clarity.
Unfortunately, when people pin their hopes for a just and fair society to a corporation, they can be sadly disappointed. A spate of deaths around the country suggests that many corporations have plenty of power to influence governments to produce policies and legislation convenient for their operations, but fail to take responsibility for their bad outcomes, which include deaths in workplaces.
Corporations treat social responsibility as a PR tool or a trade-off for financial success. The truth is that if consumers suffer, so too do the corporations that depend on them. Socially responsible initiatives such as the Carbon Tax will benefit society holistically.
Corporate social responsibility is not the same as ethical behaviour, but it is an important component of such action. It is therefore important to measure companies’ social responsibility and work out how their performance can be improved.