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Video: Ethics and Business in Times of COVID-19

Tuesday, August 11, 2020

Speakers:

  • Juan Pablo del Valle, Chairman of Orbia
  • Margaret Franklin, CEO of CFA Institute
  • Stanley Motta, Chairman of Copa Holdings
  • Brian Winter, Editor-in-Chief, Americas Quarterly (moderator)

In this panel with executives, leaders discussed ethics and business in times of COVID-19, covering topics such as the a whole new scenario for business and the opportunities for both public- and private-sector initiatives to drive social responsibility and values in these times. Orbia Chairman Juan Pablo del Valle spoke about the differences between the impact on human behavior and the economics of this crisis, saying, "The hardest thing has been the human side of this." He highlighted the importance of retaining talent so that it's there tomorrow when you need it. CFA CEO Margaret Franklin expressed doubt that anyone operating in capital markets has ever experienced change like this. She said that despite the stresses the pandemic creates in a business environment, it also creates opportunity to "redraft that which we have held on to and believed couldn't be changed." Copa Holdings Chairman Stanley Motta pointed out the vulnerability of the world, and how a leading issue to deal with is the environment, questioning also how to deal with the economics and the health crisis at the same time, saying, "We can no longer be sitting across the table from each other, we have to be at a roundtable dealing with the problem."