A welcome development this week was the declaration from 181 chief executives of US companies to operate in a way that values and recognizes all their stakeholders.
The signatories to the Statement on the Purpose of a Corporation, organized by Business Roundtable, includes commitments to:
- Respect communities and the environment by embracing sustainable business practices;
- Deal with suppliers and partners fairly and ethically;
- Invest in their employees, fostering diversity and inclusion;
- Demonstrate transparency and effective stakeholder engagement.