Exxon Mobile and EITI

To give a concrete example to illustrate that businesses can support ethical regulation of their industry see Exxon Mobile’s support of the Extractive Industries Transparency Initiative (EITI).

Oil companies have broadly engaged in all manner of unethical behavior in negotiating contracts and it made them tons of money. But many of them, including Exxon Mobile, are willing to work towards transparency, which helps the situation greatly. Other companies and industries could follow a similar path, but often choose the unethical path.

-Chris

Advertisements
%d bloggers like this: