What we measure for stakeholder capitalism is as important as how we measure it.
On September 13th, 2020, JUST Capital joined with Imperative 21 coalition partners including B Lab, The B Team, CECP, and Conscious Capitalism, to call for a RESET of our economic system toward and create a more just and equitable form of capitalism.
Arguments in support of shareholder primacy and against stakeholder capitalism are out of sync with the voice of the American public, institutional investors, shareholders, and corporations themselves.
Two events this week highlighted the extremes of worker empowerment in America today. Once again, the defining social issues of 2020 – COVID-19 and racial equity – were the catalyst.
Timed with the one-year anniversary of the Business Roundtable’s landmark redefinition of corporate purpose, we asked the public how they believe companies are doing in shifting from a myopic focus on shareholders to better serving the needs of all stakeholders.
If one thing has become clear this year, it’s that corporate stakeholder performance claims – on COVID-19, racial equity, and other “S” issues – must be backed by real action.
In these trying times, as business leaders are struggling to understand what is “just,” we’ve created the following guiding principles.
The world is gripped by fear. The market is plunging. Governments are locking down cities. What should companies be doing to help their stakeholders?
These JUST companies have unveiled ambitious initiatives that we’ll be tracking closely over the coming months and years.
Any leader can learn from these executives’ actions.
Have questions about our research and rankings? We want to hear from you!