The 5 Pillars of Ethical Businesses. Vote With Your $Dollars!

We Could Change the World with Ethical Consumerism.

There is a prevailing illusion in the corporate world that Diversity, Equity, and Inclusion (DEI) initiatives contribute to enhancing business ethics. However, not only does this assertion appear to be inaccurate, but in many instances, it seems to produce the opposite effect. Substantial evidence suggests that DEI training may lead to decreased diversity and inclusivity within businesses. Additionally, these centralized and corrupt entities are using DEI as a gateway to squeeze out competition and create more centralized control over the marketplace.

Are there more effective approaches to addressing ethical issues in businesses than those imposed from the top-down corporations and banks of Wall Street? The reality is that many businesses engage in profoundly unethical practices beyond the scope covered by their DEI training. For instance, consider the concerns surrounding the mining of cobalt for electric car batteries, or sweat shops in lower income countries.

Consumers possess the ability and responsibility to influence change by consciously supporting ethical businesses, creating a ripple effect of change. When consumers align their spending with companies that reflect their values, they contribute to the reinforcement and promotion of those values globally. This collective effort fosters an environment where businesses are motivated to prioritize and integrate wider considerations into their operations.

Additionally, we are a big fan of transparent businesses (which we will dive into in our next article that comes out tomorrow). In order to be transparent, a business will be under scrutiny from the public. While it is true that the public is more forgiving with companies that are transparent, it is still vital for these businesses to have a code that the public respects. After careful review, we have boiled that code down to the 5 pillars of ethical businesses.

All businesses should strive to take care of the following 5 pillars:

• Their customers - without them the business does not exist. Do not rip anyone off. Stand behind your products and services. Make right any mistakes. Innovate.

• Themselves (the business) - if the company isn’t making money it helps no one. A profitable company can contribute positively to its employees, customers, and the community.

• Their employees - The business is the employees. Taking care of them should always come before taking care of the ownership group. A truly ethical business should be proud of how much their employees make

• The community - Go beyond profit-driven motives by actively engaging with the community. Contribute to local initiatives, participate in charitable events, or undertake projects that benefit the community, such as volunteering for cleaning up the park or beyond.

• The Environment - Minimize environmental impact by adopting practices that do the least harm, within reasonable bounds.

Does your current business try to adhere to these 5 pillars?

Let us know in the comments below!

Thanks for reading!

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