The answer is simply Yes, because journalism has a pivotal role in upholding democracy and promoting the overall welfare of society and only responsible journalism can do that. Let’s look at the principles of journalism that must be adhered to:

1. Accuracy and Verification: are the cornerstone of ethical journalism. It is imperative that  journalists’ diligently authenticate material by relying on reputable sources prior to its dissemination to the public. In a bid to brake news before competition, media houses often skip this crucial element of reporting and can occasionally undermine the veracity of information. However, good journalism places a higher emphasis on ensuring factual truth rather than speed.

2. Fairness and Objectivity: Responsible journalism necessitates a steadfast dedication to the principles of impartiality and fairness. Journalists need to adopt an impartial approach in their reporting, ensuring the inclusion of a wide range of voices and opinions while avoiding bias and undue influence.

3. Independence and Editorial Integrity: - The preservation of journalistic independence is a fundamental principle in the practice of responsible journalism. While influence and pressure from political, business, or other external sources comes with the profession, the guiding principles for editorial judgments should prioritize the promotion of public interest.

4. Accountability and Corrections: - Accountability is a fundamental principle of all journalism, necessitating the acknowledgment of the error no sooner it is realised. By acknowledging and rectifying errors, the news organisation comes across as transparent and gains the confidence and trust of its readers and audience. 

5. Sensitivity and Respect: - Ethical journalism acknowledges the influence of language and visuals on persons and communities. Adopting an empathetic approach shows  regard for the dignity and rights of everyone involved in or impacted by the news. Maintaining a focus on objectivity and safeguarding the confidentiality of persons, particularly in delicate circumstances, is of utmost importance.

6. Contextual Reporting: - The inclusion of context is a fundamental element of ethical journalism. The presentation of news stories should not occur in isolation, they must be shown in context to their broader framework. This contextualization aids the viewer in gaining a more comprehensive understanding of the many nuances that surround the issues being covered.

7. Public Service and Civic Engagement: - The practice of responsible journalism fulfills a role in serving the public. Journalists have a crucial role in promoting civic participation through the dissemination of information that enables the general public to make well-informed choices. This encompasses the practice of investigative journalism, which involves the discovery and exposure of matters that are of public interest and serves to ensure the responsibility and transparency of those in positions of authority.

In an era characterized by an abundance of information, the presence of responsible journalism serves as a valuable beacon, aiding societies in effectively navigating the intricate challenges of the contemporary world. Journalists fulfill a multifaceted role in society as purveyors of information and defenders of democratic principles. By adhering to the ideals of accuracy, impartiality, independence, accountability, sensitivity, and public service, journalism maintains its capacity to positively impact society by promoting an informed, engaged, and empowered citizenry.