Public interest
From ACT Wiki
Activities undertaken in the public interest are those which are designed to be positively beneficial either for the public generally, or for a number or group of members of the public.
Many not-for-profit organisations are established in the public interest.
For example, the Association of Corporate Treasurers is established to:
- To set the benchmark for treasury excellence
- Provide qualifications for those working professionally in the fields of treasury, risk and corporate finance
- Promote best practice
- Define and maintain standards and support the continuing professional development of its members
- And so to promote the public interest.
Avoiding harm
Acting in the public interest also means avoiding harm to:
- The environment
- Consumers
- Employees
- Communities
- Other stakeholders and
- All other members of the public sphere