by Michael Rosen, Director, Capital Markets Engagement, CEO Investor Forum, CECP
Last week, I spoke on a NIRI Webinar, Leveraging the Power of Retail Investors: Your Company’s Invested Ambassadors. During the conversation, my fellow panelists and I delved into the challenges and opportunities faced by Investor Relations Officers (IROs) seeking to engage with this critical stakeholder group and explored the context and reasons why the retail investor will continue to become an increasingly important stakeholder for issuers.
by Kari Niedfeldt-Thomas, Managing Director, CECP; Martina Lee, Communications & Marketing Fellow, CECP
As companies face the wider economic impacts of Covid-19, CECP is tracking the ongoing decision making and planning of leaders during this monumental year that still has an uncertain future. As we move through this pandemic and gradual economic improvement, CECP is also collecting real-time data from companies through a series of Pulse surveys, helping our partners gauge current practices in the field. There is a progression to these insights over the past several months of Pulse surveys.
Over the years, it has become increasingly common for CEOs to speak out publicly on social issues including and now, more than ever, that’s just what the public is demanding. According to the 2020 Edelman Trust Barometer, 92% of respondents agree it is important for their CEO to speak out on issues including training for jobs of the future, income inequality, diversity, equity, and inclusion and climate change, among others.
by Carolyn Berkowitz, Association of Corporate Citizenship Professionals; Daryl Brewster, Chief Executives for Corporate Purpose; Kathleen Enright, Council on Foundations; Natalye Paquin, Points of Light
We are faced with a choice. The world’s leading corporations will play an outsized role in either exacerbating the crisis or rising to demonstrate bold leadership. Even as short-term profitability drops, corporations will find that making the bold choice to value their business along with the needs of society is at the heart of their corporate purpose and the sustained success of their businesses.
by Brian Tomlinson, Research Director, CECP, CEO Investor Forum
We’re going to want to reach for the pitchforks as we watch baggage-charging, space-squeezing airlines get a chunk of taxpayers’ money as part of the Covid-19 stimulus package, with very few strings attached.
While each company is addressing its urgent needs in different ways – from health and safety precautions to tech platforms to the balance sheet – several encouraging trends are emerging. If ever there was a time for purpose-driven leadership and a broader stakeholder focus, it is now.
In CECP’s 2020 Look Ahead blog, our annual examination the corporate social engagement field, Collaborative Action was one of five themes for the upcoming year. CECP noted that in seeking to address time-sensitive global issues, companies will move quickly together for mutual benefit.