How a small legislative change can answer the better business rallying cry

The call for urgent change is gaining momentum in the investment industry. Last month, the CEO of the world's largest asset manager, Larry Fink, continued his rallying cry for businesses to do better for the planet while Aviva Investors made a similar statement to its investee companies. While Fink's views are somewhat unsurprising, the focus on ESG investing from some of the world's largest asset managers in recent years has characterised a broader mentality shift in the business community.

This cultural change is noticeable within the technology industry, one of the fastest-growing workforces of the global economy and one where competition for top talent is fierce. Employers can no longer sell themselves to prospective tech talent through empty corporate statements. It is no longer acceptable to develop products or services that are harmful to people and the planet. The most appealing companies are those who are using their influence to make a positive impact on the world. Recent research found that two-thirds (66%) of millennials and Gen Z think it is important for a company...