by Hank Boerner – Chair & Chief Strategist – G&A Institute
There are many voices raised now, joining in the public dialogues on corporate sustainability, corporate citizenship, corporate responsibility, ethics, good governance…and more.
The perspectives offered fit into the commentary stream on the future of capitalism — and how to make it work for everyone.
There are rigorous companion dialogues going on – and rapidly growing in number — related to the role of sustainable investing as more asset owners and their internal and external managers adopt new approaches, many focused on the analysis of corporate ESG performance and related outcomes. We see this as further reinventing of capitalism. Do you?
On Corporate Purpose – How, What, Why and more – another public dialogue dramatically expanding since the release of The Business Roundtable’s revised statement on purpose in summer.
There are more voices being added to the expanding public dialogues on all of the above and more, which is what our newsletter’s Top Story focuses on.
A fascinating range of voices will be raised by Fast Company as the publishers spotlight “15 voices” working at the forefront of trying to reinvent our economic system…and together, the pursuit of important structural reforms and ideas to bring about “fairness” (much needed, we can argue, in 2019!).
The first voice “raised” by Fast Company is that of Darren Walker, Ford Foundation president who says in his essay “capitalism is in crisis” and explains why in his essay — “How to Save Capitalism From Itself”.
As the editors of Fast Company explain, the voices to be raised in the future (that you will want to follow via Fast Company essays) include:
Zeynep Ton, MIT b-school prof who founded the Good Jobs Institute;
Josh Silverman, CEO of Etsy (the artisanal marketplace) whose company’s social-impact initiatives are held to the same standard as financial reporting;
Fashion icon Eileen Fisher (champion of the B Corp movement);
Barry Lynn, founder of Open Markets Institute (who favors more regulation to address today’s monopolies);
Rachel Lauter, ED of Fair Work Center..and others!
Keep in mind Fast Company is a must-read for many GenXers and Millennialls – and so you will want to keep up with the publication’s voices no matter what generation you belong to.
The Ford Foundation’s CEO essay is at: https://www.fastcompany.com/90411391/ford-foundations-darren-walker-how-to-save-capitalism-from-itself
Capitalism is dead. Long live capitalism
Source: Fast Company – For capitalism to thrive, the system needs to evolve to be fair, inclusive, and sustainable. Fast Company highlights companies and innovators leading the change.
And of importance, the public dialogue – and action! – on the SDGs:
Protecting Our Future: Moving from Talk to Action on The Sustainable Development Goals
How an Italian Energy Company Revolutionized Sustainable and Impact Investing in Structured Credit
First SDG-linked bond in the European market raises 2.5 billion euros
Source: UN Global Compact