Vatican City, Jun 16, 2011 / 17:01 pm
The Vatican launched a major conference today on business ethics, aimed at discussing whether or not unethical practices were at the root of the economic crisis and if ethics can prevent a future collapse.
“As we know from others sectors of society - and also in our lives - we often ask ourselves questions and make resolutions to do thing differently during and after a crisis,” Cardinal Peter Turkson, president of the Pontifical Council for Justice and Peace, commented to CNA.
The three-day gathering is the co-creation of the Pontifical University Regina Apostolorum and the Fidelis International Institute for Business Ethics, and is aimed at promoting ethical business practices that accord with Catholic social principles.
In all, around 100 key figures from business, academia and the Church are present for the “Executive Summit on Ethics for the Business World,” which began with Mass in St. Peter’s Basilica this morning. Several of the participants spoke with CNA about the conference and their impressions so far.