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Article

20 Aug 2019

Author:
Business Roundtable

Business Roundtable statement on the purpose of a corporation

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Businesses play a vital role in the economy by creating jobs, fostering innovation and providing essential goods and services... While each of our individual companies serves its own corporate purpose, we share a fundamental commitment to all of our stakeholders. We commit to:

  • Delivering value to our customers..
  • Investing in our employees. This starts with compensating them fairly and providing important benefits... We foster diversity and inclusion, dignity and respect.
  • Dealing fairly and ethically with our suppliers...
  • Supporting the communities in which we work. We respect the people in our communities and protect the environment by embracing sustainable practices across our businesses.
  • Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders.

Each of our stakeholders is essential. We commit to deliver value to all of them, for the future success of our companies, our communities and our country

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