Initiatives of Change for Business

Remaining competitive while being Ethical

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The CAUX-Foundation

The Foundation CAUX – Initiatives of Change is an officially recognized independent foundation. It established Caux Initiatives for Business (CIB),an Initiatives of Change (IofC) Program, focusing on people from business and industry.

The Aims of the Foundation

  • To work for a more just society by strengthening the ethical founda­tions of democracy;
  • To help heal the wounds of history;
  • To encourage care and responsibility in family life and personal relationships;
  • To strengthen ethical commitment in economic life;
  • To forge networks among people from different faiths and cultures.

The Foundation seeks to attain these aims by promoting ethical standards of honesty, purity, love and selflessness as guiding lines for personal behaviour and for our commitments to society. To work in this direction, it depends on many forms of voluntary work and giving.

Other tasks of the Foundation also include management and maintenance of the conference centre in the former Caux-Palace hotel above Montreux; Villa Maria, etc. in Switzerland.

Till 2018 CIB programs were legally and financially under the IofC National bodies, under Caux Foundation’s aegeis. However since, CIB has now been renamed Initiatives of Change for Business (ICB) and is a program under Initiatives of Change instead of Caux Foundation.

 

WHO WE ARE

Initiatives of Change for Business is an international fellowship for businesspersons — a comradeship of like-minded individuals who are committed to furthering ethical practices in their work and convincing an increasing number of their business colleagues that “one can be ethical in one’s business dealings and still be competitive”.  

WHAT WE DO

Initiatives of Change for Business (ICB) is a forum for its members to discuss the business environment, in its various aspects and help find solutions to the problems that they face or may face in maintaining high ethical standards in their dealings.

FOCUS AREA

Engage business people and decision makers in honest conversations and action on the issues associated with globalization and the human face of economics

Highlight the role that each individual can play in bringing positive changes in business and economic life, and sharing related experience;

Equip people with practical tools, grounded in a moral and ethical framework, for use in their places of work.