Page - 583 - in Menschenrechte und Gerechtigkeit als bleibende Aufgaben - Beiträge aus Religion, Theologie, Ethik, Recht und Wirtschaft

© 2020, Vandenhoeck & Ruprecht GmbH & Co. KG, Göttingen ISBN Print: 9783847111658 – ISBN E-Lib: 9783737011655 oftheorganisation.Theyalsoallowworkerstoinfluencetheoveralldirectionof thebusinessandaccepttheirrighttoparticipateinintermediarybodiessuchas unions. Inwell-defined functions, the front-line andmiddle levels should ex- erciseauthorityandshouldreceivetheneededtrainingandresourcesinorderto succeed.Inatimewhenknowledgeandinformationcontinuetobeincreasingly important factors of production, applying the principle of subsidiarity can justify investment instaff, inorder tostrengthen“theinitiative, innovationand creativity, aswell as thesenseofcommonresponsibility”20 incompanies. 3. The third objective is GoodWealth and its distribution. By being good stewards of the resources given to them, businesses create sustainable wealth through efficient and productive processes that produce healthy profits. But generating wealth in a business is insufficient without the wider context of stewardshipforthenaturalandculturalenvironment,andjustdistributiontoall stakeholderswhohavemade thewealthpossible anddependon it: employees, customers, investors, suppliers, andthe largercommunity. These three objectives show that businesses and required investments are multidimensionalrealities.Theyarenottobereducedtoasingleobjectivesuch asmaximizingprofitorenhancingshareholderwealth–justasmarriagemaynot be reduced to sentiment between partners, or education to credentials for a career.Rather, a flourishingbusiness enterprise contributes to the larger com- mongoodby investing in its threefold goals or purpose of good goods, good workandgoodwealth. Here are instances of the ESG framework, andhere are beacons and lenses providedby theCSP, tobusinessesandtheir investmentactivitiesandcultures. TheCSPareprinciples,whichguidethediscernmentof the investmentareasor needsofcommunity (services, goods),navigating thechallengesof investment options anddecidingonwhat is right and truly useful, insteadof the ethically inadequateandsometimesevenperverse. Thus, what the ESG framework seeks to promote coincides withwhat the Popeshave frequently talkedabout, as theneed forgreater social andenviron- mentalresponsibilityonthepartofthebusinessworld.PopeBenedictXVIwrites inhisEncyclicalLetter,Caritas inveritate, that, “thereisneverthelessagrowingconvictionthatbusinessmanagementcannotconcern itselfonlywiththeinterestsof theproprietors,butmustalsoassumeresponsibility for all theother stakeholderswho contribute to the life of thebusiness: theworkers, the clients,thesuppliersofvariouselementsofproduction,thecommunityofreference.”21 20 Vocation,§48. 21 Caritas inVeritate, 40. ACatholicChurchPerspective 583 Open-Access-Publikation im Sinne der CC-Lizenz BY 4.0