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January Monthly Briefing: Ethics in Tech

Our views on what matters
Welcome to our first monthly newsletter of 2019! As part of an exciting programme of work and events we have planned for the coming year at Corporate Citizenship, we’ve just published our ’10 Actions for Business in 2019’, which hopefully you’ve all had a chance to read. If not, you can download it here.

We believe 2019 will be the year when doing business responsibly mainstreams as a boardroom priority and the ethics of a business emerges as a key driver for business. We’re focussing this year on some of the most critical challenges facing business looking to operate sustainably and responsibly, from radical supply chain transparency, to smart reporting, to businesses taking a political stance, the growth of mission-driven business models, and the need for CFOs to be fluent in the language and principles of sustainable business.

This month we’re focussing on ethics in tech. While new technologies have created fantastic opportunities for business, they’ve also brought very painful and unintended consequences. Understanding the opportunities and risks associated with embedding new platforms and operating systems is an absolute priority, not just for every company, but every department in a business. 

Looking beyond January, and in fact beyond 2019, the question we’ll be asking all organisations is conceptually very simple: “What kind of corporate citizen do you want to be?” but as we all know, articulating that in today’s context, and turning those ambitions into practical action requires persistence and dedication, and some critical friends to help along the way - which is where we come in. 

Neil Davy,
CEO


Tech companies appointing Chief Ethics Officers


Negative news stories around the poor behaviour of tech giants such as Deliveroo means that the tech sector is facing a crisis of trust. Will a proliferation of new executive roles, such as Salesforce’s first Chief Ethical and Humane Use Officer, be sufficient to stem the issue?

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Ethics in tech now vital for investors


Ethics in tech has never been as important to investors nor as visible now that AI is enabling forensic analysis of big data. The outperformance of ESG investing highlights the appeal and need for standardised data, on which tech companies are falling short.

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Medtech – the debate we’re not yet having


With the digital health market predicted growth to $536.6 billion by 2025, it’s no surprise that tech brands like Apple are now investing in the shift from wellness to healthcare. Yet these medtech advancements raise serious challenges around data privacy, affordability, exclusivity and potential exploitation.

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Ethics in tech - Practical action for every business
 

Ethics in tech remains a massive global topic, with every business now arguably a technology company. The challenge is how companies can benefit from technologies such as Big Data, AI and blockchain and apply them ethically to maximise their positive value for society?

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#ForTheWeb

The free and open web faces real challenges. More than half the world’s population still can’t get online. For the other half, the web’s benefits come with too many risks: to our privacy, our democracy, our rights. Web Foundation Founder and web inventor Sir Tim Berners-Lee explains why he’s launching a new global campaign “Contract for the Web” in May to get government, companies and the public to stand up for a free, open and safe web that benefits everyone.

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10 Actions for Business

2019 is the year when doing business responsibly mainstreams as a boardroom priority. Practical action to help deliver the change our world requires will be vital.

We are pleased to share our “10 Actions for Business in 2019”, to help organisations answer the question: What kind of corporate citizen do you want to be?


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Every possible effort has been made to ensure that the information contained in this publication is accurate at the time of going to press, and the publishers and author cannot accept responsibility for any errors or omissions, however caused. No responsibility for loss or damage occasioned to any person acting, or refraining from action, as a result of the material in this publication can be accepted by the editor, the publisher or author.