The divest movement has focused attention on strategic and ethical differences in the practice of socially responsible investing and highlighted an unnecessary bifurcation of best-of-class engagement and divestment. Although best-of-class engagement is favored as a contemporary and pragmatic approach, this paper calls for a more pronounced recognition of absolute dealbreakers and divestment as an underpinning for best-of-class engagement. After linking divestment and best-of-class engagement to their foundations of absolutism and relativism, respectively, I critique best-of-class engagement and argue that without a (...) distinct and explicit role for divestment, best-of-class strategies are ethically and strategically fraught. Following a discussion of which types of issues suggest divestment or best-of-class engagement, I identify the Norway Government Pension Fund as a noteworthy example, and posit that divestment and engagement are best presented and employed in tandem, particularly for issues that have yet to be addressed by law and convention. (shrink)

Cultural diversity and globalization bring about a tension between universal ethics and local values and norms. Simultaneously, the current globalization and the existence of an increasingly interconnected world seem to require a common ground to promote dialog, peace, and a more humane world. This article is the introduction to a special issue of the Journal of Business Ethics regarding these problems. We highlight five topics, which intertwine the eight papers of this issue. The first is whether moral diversity in different (...) cultures is a plausible argument for moral relativism. The second focuses on the possibility of finding shared values and virtues worldwide. The third topic deals with convectional universalistic ethical theories in a global world and the problems they present. Fourth, we consider the traditional natural moral law approach in the context of a global world. The last topic is about human rights, as a practical proposal for introducing universal standards in business. (shrink)

The aim of this paper is to shed some light on the distinction between justified and unjustified religious diversity, a problem that Dirk-Martin Grube only hinted at in his article ‘Justified Religious Difference.’ This article’s focus is not so much on the epistemological question of justifying religious difference, but on how to deal with it in the societal sphere. This implies that religions and religious diversity will be approached from a practical perspective, that is, as ways of life. I start (...) by examining the opportunities and problems of religious diversity, opposing a universalist and a particularist view on this issue. Religious difference is an opportunity, because it is intertwined with creativity and innovation, but it is also a problem, because it confronts us with incompatible judgments, irreconcilable values, and contrary principles. Notwithstanding the legitimate objections that can be raised against the particularist position, the above observations seriously undermine Grube’s idea that the distinction between justified and unjustified religious difference can be made unambiguously, because of the heterogeneous character of the idea of justification itself. In order to deal with this issue, I propose a re-examination of the idea of tolerance, defined as a virtue: I disapprove of your manner of living, but I respect in it your liberty to live as you please and I recognize your right to manifest it publicly. But this virtue makes only sense against the background of the intolerable, which is the translation of the idea of unjustified religious difference into the language of the public debate. This idea serves as an always fragile limit to tolerance. (shrink)

The search for a worldwide environmental ethic is linked to the increase in environmental concern since (particularly) the 1960s, and the recognition that environmental problems can have a global i...To date, insufficient work has been carried out on how children view living organisms in the environment. In this study a large number of conversations were audio-taped and transcribed while primar...

The search for a worldwide environmental ethic is linked to the increase in environmental concern since (particularly) the 1960s, and the recognition that environ mental problems can have a global impact. Numerous people and organizations have put forward their understanding of the necessary components of such an ethic and these have converged in a series of international statements ( Stockholm Declaration on the Human Environment , 1972; World Charter for Nature , 1982; Rio Declaration on Environment and Development , 1992; (...) International Covenant on Environment and Development, 1995 ). A small number of common elements have emerged. These can be expressed in 10 'premises', which may form the basis for developing into an acceptable worldwide ethic, along the lines called for in the revised World Conservation Strategy, Caring for the Earth , 7991. (shrink)

This paper reviews intersecting paths that bring ethics, values, and integrity into development thinking, arguing that religious voices are likely to be heard more frequently in future development debates, with repercussions for development thinking and practice. The case of governance, corruption, accountability and responsibility is highlighted as an example. Here religious experience, actors, and institutions offer wisdom and material experience, but their roles have been less active and visible than the prophetic traditions and expectations of religious teachings would suggest. The (...) actual and expected entry of different religious voices into governance debates poses new challenges for relationships and partnerships. The paper describes seven areas where faith institutions could and should engage more actively on governance issues. Among these areas, speaking substantively and forthrightly about the issues at stake and contributing to the public discourse at international, national and local levels have special significance. Emerging new forms of partnership, dialogue and alliance among religious and development institutions are part of the ongoing paradigm shift about directions and instruments for international development. More active engagement with faith institutions around governance issues has the potential to contribute to raising standards of development work in many areas. (shrink)