Pandemic scrutiny brings purpose to the fore - Federated Hermes

Government support for companies during the Covid-19 pandemic has demonstrated why all businesses need to maintain a social licence to operate underpinned by a corporate purpose.

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... The pandemic has added a practical dimension to the debate about business purpose, posing real-world dilemmas. While some companies have won plaudits for their compassionate and responsible behaviour, others have been widely criticised for their treatment of workers and customers.

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