Society's Problems Need Our Best Business Minds
Good morning. It has been nearly a year since the Business Roundtable released its statement of corporate purpose, putting the interests of employees, customers, communities and the environment on equal footing with shareholders.The change found widespread acceptance among leaders of Fortune 500 companies, and even among investors. Most of the criticism came not from people who disagree with the goals, but rather those who wonder how the words will be translated into action, and what metrics will be used to measure progress and hold companies accountable.