Caux Initiatives for Business (CIB) engages people in ‘honest conversations’ on the broad issues of the global economy and the human face of economics. It aims to encourage ‘conscience-based’ decision-making in business and economic life, at a time when integrity and trust are more needed than ever following the global banking and economic crisis triggered in October 2008. CIB participants are motivated by a shared commitment to personal integrity. CIB runs an annual summer conference on ‘Trust and Integrity in the Global Economy’, at Mountain House, the Initiatives of Change conference centre in Caux, Switzerland, and similar conferences at Asia Plateau, the Asian centre of Initiatives of Change in Panchgani, India.
www.cauxbusiness.org

HBOS whistleblower calls for ethical framework for banking industry
Little has changed in the banking industry since the crash of September 2008, emphasised Paul Moore, the former head of group regulatory risk at HBOS, when he spoke to a group of bankers and others, convened by Caux Initiatives for Business in the London centre of Initiatives of Change on 10 November. Read more>>

A people-focused, sustainable approach to globalization
Michael Smith reports on the conference ‘Trust and Integrity in the Global Economy’ held in Caux, Switzerland, 24-29 July 2009.
Deeper than the world’s economic and financial crises and the threat of climate change, there is an underlying crisis of values. That was the overriding message that came through loud and clear from speakers at the fourth annual conference on Trust and Integrity in the Global Economy, held in Caux, 24 to 29 July. It was attended by 160 people from 38 countries. Read more>>

Indian corporation spells out green credentials at Trust and Integrity Conference
A senior executive of a leading Indian corporation today told how his company is ‘going green’ to meet environmental and climate change challenges. Rajeev Dubey, member of the Group Management Board of the Mahindra & Mahindra automotive and tractor company, also told how the group is committed to the education of disadvantaged children, particularly girls, as part of its social commitment. Read full report here>>

Microfinance for a world in need
Emmanuel de Lutzel, head of international microfinance at the French bank BNP Paribas, spoke of the power of microfinance to lift people out of poverty and create a lasting social impact when he addressed a Greencoat Forum in the London Centre of the Initiatives of Change on 8 May. Read more>>
14 May 2009

2012 Olympic Games give unique opportunity for regeneration
John Armitt CBE, Chairman of the Olympic Delivery Authority (ODA), spoke of the unique social and cultural opportunities that the 2012 London Olympic Games present, when he addressed the Greencoat Forum in the London Centre of the Initiatives of Change on 7 April. He was speaking on ‘Trust and integrity in the Olympic ideal’. ODA is responsible for the construction of the Olympic site and stadiums which, said Armitt, are due to be completed in 2011. Read more>>
9 April 2009

The financial crisis and the roots of conscience
Without conscience, without the ‘invisible hand’ of divine providence, it seems that untamed capitalism too easily leads to corruption, greed, dishonesty and a loss of common humanity. Another take on Adam Smith. Read more>>
17 October 2008

New book tells of creators of trust in the global economy
Michael Smith’s new book, Trust and integrity in the global economy – stories of people making a difference was launched at a Greencoat Forum in the London centre of Initiatives of Change on 15 April 2008. Read more>>
24 April 2008