Name: How Pope Francis Inspired These CEOs
Uploaded: 2016-12-21
Duration: 2 min 55 s
Description: at the Time-Fortune Global Forum in Rome.

[ MUSIC ] [ FOREIGN ] The world is in a very different place today than it was four years ago or eight years go. And it's not just a US election thing, but When you sum up US election, Brexit, the refugee crisis, what's happening with currencies, I mean, there's just so many dynamics throwing out on the world. But I think there is a moral imperative for companies to step up and play More of a leading role in doing good in this world. [ MUSIC ] You have before you a great group of the world's top Chief Executive Officers from major multinational corporations. Along with scholars, labor leaders, church leaders, and philanthropists. I think the responsibility for business is enormous. In the past, in other businesses felt that their principle job in life was to match my shareholder term, and to leave governments in the social sector up to sorting out the problems in the world. That, I think, was a big mistake. Entrepreneurs led the way in the agriculture revolution, led the way in the industrial revolution, more recently led the way in the technology revolution. And, that's improved our lives and also moved the society forward, moved the The country [ UNKNOWN ] moved the [ UNKNOWN ], that's business at the core. Entrepreneurship particularly at the core. We just need to continue to kinda lead in the future and make sure we're continuing to do that in the new sector. I think many times as businesses, because we run especially public Fortune 500 companies, run the day- to- day, and we're forced to produce results. But I think that shouldn't be an excuse for us not to give back and not to do good in society. Each one can use its own means. You talk about making a better world, this is all about energy, it's about infrastructure, and then it is about developing the world further into the next generation of industrial revolution. That's the task of the big corporation. To make a meaningful [ INAUDIBLE ]. Business leaders are gonna have to step in where politicians or governments are actually stepping back. We have a responsibility to the next generation to leave this world in a better place. And if companies don't step up and play that role. Who's gonna do that. [ BLANK_AUDIO ] [ MUSIC ]

at the Time-Fortune Global Forum in Rome.