We wrote an op-ed for these pages in 2006 titled “For Individuals and Planet,” by which we argued for a long-term, sustainable, multistakeholder method to enterprise. We stated America’s company leaders ought to put environmental, social and governance elements on the coronary heart of their decision-making.
Fourteen years later, the thought has turn into a confirmed mannequin for enterprise. The Enterprise Roundtable and the British Academy have each strongly endorsed the multistakeholder method prior to now 9 months. Why? As a result of sustainable capitalism is best suited than enterprise as regular to the challenges we face.