Pope Francis's death marks a significant loss, especially for the intersection of business and ethics. His engagement with corporate leaders, particularly around Environmental, Social, and Governance (E.S.G.) issues, showcased his commitment to social justice and inclusion. While some critics dismissed E.S.G. as superficial, many executives genuinely sought his guidance to align capitalism with ethical practices. His teachings rooted in Jesuit values emphasized the plight of the poor and critiqued the excesses of modern capitalism, leaving a lasting legacy in promoting responsible business practices.
Many business leaders saw E.S.G. initiatives as necessary, rather than mere marketing, indicating a deeper commitment to social responsibility and ethical governance.
Pope Francis's approach emphasized inclusion and the concerns of the poor, highlighting a moral dimension to capitalism that many corporate leaders sought to integrate.
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