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© 2020, Vandenhoeck & Ruprecht GmbH & Co. KG, Göttingen
ISBN Print: 9783847111658 – ISBN E-Lib: 9783737011655
4. TheChurch’sSocialPrinciples(CSP)andtheApplicationofan
ESGFramework
Ourquestionnow isnot about investmentbusiness ingeneral andsociety ina
general andabstract sense.Thequestionnow is about actual decisionsby real
leaders in economics, investment andpolitics, andhow theCSPhelppromote
ESGbusinessand investing.
AsPopeFrancis explainsanobservation,wemadeearlier,
“We can no longer trust in the unseen forces and the invisible hand of themarket.
Growth in justice requires more than economic growth. While presupposing such
growth, it requires decisions, programmes, mechanisms and processes specifically
gearedtoabetterdistributionofincome,thecreationofsourcesofemploymentandan
integralpromotionof thepoorwhichgoesbeyondasimplewelfarementality.”19
Accordingly, business leaders and investors need to develop good habits of
discernment,aprocessofdiscoveringthegoodintheconcretehereandnow,by
employingthegreatprinciplesofhumandignity,thecommongood,subsidiarity
andsolidarityasbeaconstoshedlightontherealitybeforethem,and,as lenses,
to focus on it properly. Within the complex reality of business, these same
beaconsor lenseswillhelpmakesoundjudgmentsandactproperlyabout their
investments. Iwant to touchbrieflyonthree investmentobjectives thatconnect
discernmentwithoutcomes.
1.Thefirstobjectiveistoinvest intheproductionofGoodGoods.Businesses
must attend to people’s needs by producing goods that are truly good and
services that truly serve. Businesses have an ability or opportunity toprovide
what everyoneneeds in thewayof food, shelter, and so on. But are they truly
good?Theanswerdoesnot reduce topriceor to legalities.Rather it shouldbe
asked:Howdo theseproducts and services contributedirectlyor indirectly to
humanwell-being?Customers arenot just objects or consumers, but persons.
Further,businessesmustbealertforopportunitiestoservedeprivedpopulations
andpeopleinsignificantneed.Solidaritywiththepoorandcareofenvironment
(creation)arefacetsoftheservicewhichbusinessprovidestothecommongood.
2. Second, businesses should invest in the provision of GoodWork. By or-
ganizing good and productive work, businesses make a contribution to the
community by fostering the special dignity of human work. Businesses are
communities that require investment in their training, working environment
etc., not mere commodities! Further, applying the principle of subsidiarity
contributestothefullhumandevelopmentofemployees,byprovidingthemwith
opportunitiestoexerciseappropriateauthorityastheycontributetothemission
19 EvangeliiGaudium,204.
KardinalPeterK.A.Turkson582
Open-Access-Publikation im Sinne der CC-Lizenz BY 4.0
Menschenrechte und Gerechtigkeit als bleibende Aufgaben
Beiträge aus Religion, Theologie, Ethik, Recht und Wirtschaft
- Title
- Menschenrechte und Gerechtigkeit als bleibende Aufgaben
- Subtitle
- Beiträge aus Religion, Theologie, Ethik, Recht und Wirtschaft
- Authors
- Irene Klissenbauer
- Franz Gassner
- Petra Steinmair-Pösel
- Editor
- Peter G. Kirchschläger
- Publisher
- Vandenhoeck & Ruprecht GmbH & Co
- Location
- Wien
- Date
- 2020
- Language
- German
- License
- CC BY 4.0
- ISBN
- 978-3-7370-1165-5
- Size
- 15.5 x 23.2 cm
- Pages
- 722
- Category
- Recht und Politik