Why did the Business Roundtable promise to no longer make shareholder returns their primary focus? There’s a lot more to it than just trying to be a good corporate citizen.
Last month, the Business Roundtable modernized its principles on the role of a corporation. The purpose for many corporations now encompasses this list: value for customers, investing in employees, fostering diversity and inclusion, dealing fairly and ethically with suppliers, supporting the communities in which we work, and protecting the environment.
New Metrics 19 program features Nasdaq, CDP, Vanguard, Moody’s, WWF, Microsoft and others
Press Release
SAN FRANCISCO, September 25, 2019 /3BL Media/ - Sustainable Brands® recently unveiled program details for New Metrics’19: Next-Generation Goals & Reporting, scheduled for November 18-20 in Philadelphia, PA.
Chief Executives for Corporate Purpose (CECP) congratulates the companies that took a bold step to sign on to the Businesses Roundtable (BRT) statement. We are proud of the progress CECP companies have made since our founding 20 years ago and see the statement as the next step in advancing business as a force for good.
At the risk of being a drowned voice in a sea of many, I’d like to passionately applaud the 181 CEOs in your membership that signed on to support a new, modernized definition of “the purpose of a corporation”— one that expands beyond simply maximizing shareholder returns to be more inclusive of actions that benefit employees, customers, the environment and society at large.
Lockheed Martin Chairman, President and CEO Marillyn Hewson participated in the Business Roundtable “#Embracing Sustainability” campaign, which encourages CEOs to challenge each other to share how their companies are successfully using sustainable practices to benefit their businesses, employees, the environment and the communities in which they operate.
By Randall Stephenson, Chairman and Chief Executive Officer
Blog
When BRT’s sustainability report first launched, the world was a very different place. The smartphone was in its infancy, the “Internet of Things” (IoT) didn’t exist and “the cloud” was something you saw in the sky. But over the past decade, innovation has sparked a profound technology revolution, giving us more tools than ever to address the world’s challenges. And AT&T has been engaged every step of the way.
At MGM Resorts, we’re leading the way on sustainability by finding innovative ways to create shared success for our employees, our company and the communities where we live and work. Learn about how we and more than 150 other companies are contributing to today’s sustainability successes in Business Roundtable’s new report, “Create, Grow, Sustain: Delivering Shared Success.” Our story can be found here, or explore the full Business Roundtable report.
PHILADELPHIA, April 21, 2017 /3BL Media/ -- A newly released Business Roundtable report highlights Aramark’s achievements in creating a more sustainable world and a better quality of life for all Americans. “Create, Grow, Sustain: Delivering Shared Success,” now in its 10th year, details the sustainability efforts of more than 150 companies through a series of testimonials from top CEOs.
