What is the main focus of the Caux Round Table (CRT) - Principles for Business?

The main focus of the Caux Round Table (CRT) - Principles for Business is on encouraging responsible corporate behavior globally. The CRT emphasizes the importance of ethical principles in business practices, advocating for a balance between the interests of shareholders and the broader societal needs. These principles guide companies to operate with integrity, respect for human rights, and a commitment to sustainable development.

The framework promotes corporate social responsibility and encourages businesses to consider their impact on all stakeholders, including employees, communities, and the environment. By fostering responsible conduct, the CRT aims to shape a more sustainable and equitable global economy, aligning business operations with ethical standards and societal expectations.

The other options do not encapsulate the primary mission of the CRT. Maximizing profit for shareholders often neglects broader social responsibilities. Supporting environmental regulations in developing nations and promoting government intervention, while potentially beneficial in certain contexts, do not represent the core focus of the CRT. Instead, the CRT prioritizes self-regulation and voluntary adherence to ethical standards in business conduct.