On Wednesday, Paul Tudor Jones met with EY CEO Carmine Di Sibio for two sessions focused around practical ways companies can push stakeholder capitalism forward.
A common theme in both? Businesses are currently drowning in different standards to measure their efforts, lacking a clear path forward when it comes to making sure they take care of their stakeholders. Paul and Carmine focused on how businesses can better take care of their workforces, with Paul encouraging companies to perform a financial distress test of their employees. This one step can make a world of difference for a company and its workers.
For more insights, take a look at the videos below:
Long-Term Value: Moving from Ambition to Action
EY Breakfast with Global Chairman and CEO, Carmine Di Sibio
WEF Event: Stakeholder Capitalism: Creating Common Standards for Corporate Governance
Panel with Carmine Di Sibio and CEO of FCLTGlobal, Sarah Keohane Williamson