We wrote in the New Year about the requirements for reporting
on impact and establishing your corporate purpose, and in May about new “comply or explain”
rules for employee representation on the boards of premium-listed
companies. There are now clear indications that companies across
the world are recognising the importance of purpose to stakeholders
and long-term growth.
The Business Roundtable (BRT) lobby group has released a
statement, signed by 181 CEOs of the USA’s largest and most
influential companies, committing to take account of all
stakeholders and not just their balance sheets. The BRT statement
updates the group’s definition of corporate purpose and
commits the CEOs to:
