Businesses are racing to embrace the use of artificial intelligence in their products and services, but there is a right and wrong way to use it, argues Philippa Foster Back of the Institute of Business Ethics.
Research shows an improvement in public opinion on ethical business behaviour. But is business really behaving more ethically, or does it just appear more favourable when compared with other scandal-hit sectors?
Survey from the Institute of Business Ethics reveals that public perception of business ethics has risen, while the top three concerns are corporate tax avoidance, executive pay and exploitative behaviour.
Guidance from the US financial watchdog widens the use of a rule which allows companies to exclude shareholder proposals, potentially making it easier for companies to resist votes on social or ethical grounds.