David Stanton (Cork East, Fine Gael)
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It is more a statement than a question. I am very pleased to hear that 105 investors have called for due diligence, as Ms Tunney said. I have come across that previously in the areas of diversity and climate change where investors and large corporations have learned that the bottom line can be impacted in a positive way by them doing the right thing. Diversity, for instance, can often lead to increased innovation, creativity, productivity and a happier workforce. I note the current debate on slavery and people’s awakening to what happened in the past. Companies such as Adidas, Unilever and others are leading the field. It is important good practice as well as bad practice would be highlighted. If companies realise their bottom line will be impacted in a positive way by doing the right thing, then that is the other side of the coin. I am not saying we should not highlight the negative; of course we should. I thank the witnesses for being here today. This is an extremely important issue. I note what they said to the Chairman and the members with respect to other committees. I also note Mr. O'Neill's point that this measure will not be rushed, rather it will be a slow-burner but an important one.