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, reports Catholic News Agency. ‘As we know from other sectors of society - and also in our own lives - we often ask ourselves questions and make resolutions to do things 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.’
Pray: for all those attending that their ideas will lead to wider use of ethical practices in the business world. (Ex.23:24)