Charles reveals vision for business


Published: Wednesday 25th February 2015 by The News Editor

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The Prince of Wales spoke of the need for a “sensitive transition from old to new” in business as he marked three decades as a charity patron.

Speaking at the Business In The Community (BITC) organisation’s responsible leadership summit at north London’s Roundhouse, the heir to the throne said the future presented many great challenges but that environmental considerations should be at the heart of the corporate world.

In a speech marking his 30th year as BITC president, Charles, whose interest in the environment is well known, said: “Looking forward to the future – enormous forces of change are challenging established business models and ways of operating.

“Working within nature’s limitations and recognising that on a finite planet our resources have to be used and reused responsibly is now becoming an urgent imperative.

“We are going to be hearing a lot more about a circular economy, which is less to do with economics and more to do with common sense.

“It means putting real sustained emphasis on resource efficiency and moving away from the ‘take, make, dispose’ approach adopted in the past to the much more sensible approach of ‘make, use, recover’.”

Charles said the “transition from old to new” would have to be taken with “great sensitivity”, but that the “fundamentals of human nature in society do not change”.

The Prince, a frequent visitor to embattled communities during natural disasters such as the winter floods in 2012, provoked ripples of laughter from the business leaders present when he thanked outgoing BITC chairman Mark Price for broadcasting what Charles described as a short “filmed obituary” of talking heads marking the royal’s three decades with the organisation.

Charles joked: “There was not enough film of me in 1985 … I was young once.”

Stephen Howard, BITC chief executive, said: “At the heart of the Prince’s responsible business network are strong leaders willing to take practical action to drive real change in our communities and businesses.

“Over the past 30 years, the Prince of Wales has created a fundamental change in how business operated at all levels.”

Published: Wednesday 25th February 2015 by The News Editor

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