RICHARD BRANSON: 'Social justice is good for business'
Paul Kane / Getty
The entrepreneur is the charismatic force behind the multibillion-dollar conglomerate Virgin Group, which includes an airline, a cellphone company, a hotel chain, and a commercial space enterprise, among others.
"Inequality is probably the biggest prohibitor that we face to creating a sustainable and equitable future for all of us," he said in a video posted on Virgin's website, citing his last trip to Africa and discussing how Virgin is helping to put solar panels onto people's roofs.
Branson is among the 100 "Creators" Business Insider recently listed who are dedicated to running businesses that make the world a better place. That ethos is also explored in "The Price of Profits," our ongoing series in collaboration with NPR's "Marketplace," in which we investigate topics ranging from the history of shareholder value to Wall Street's impact on companies like IBM.
Along with Branson, several public figures including musician Elton John and writer Gloria Steinem have also posted videos as part of the Ford Foundation's #InequalityIs campaign.
"The businesses that really do good - like Unilever, TOMS, I like to think Virgin, and many others - their brands become stronger, people identify with them better, and therefore the business itself does better," Branson said.
Watch for yourself:
- Love in the time of elections: Do politics spice up or spoil dating in India?
- Samsung Galaxy S24 Plus review – the best smartphone in the S24 lineup
- Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
- Misleading ads: SC says public figures must act with responsibility while endorsing products
- Here’s what falling inside a black hole would look like, according to a NASA supercomputer simulation
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market