– USA, Washington – Business Roundtable today released a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders -.
Jamie Dimon, CEO of JPMorgan Chase and Chair of the Business Roundtable, spearheaded the effort to modernize the Statement on the Purpose of a Corporation to include all stakeholders.
“What are words worth? They can express our greatest values, shape our actions, keep us accountable and sometimes even influence the world—but only if backed by the courage of our convictions,” said Alex Gorsky, Chairman and CEO, Johnson & Johnson and Chair of the Corporate Governance Committee at Business Roundtable
Statement on the Purpose of a Corporation
Americans deserve an economy that allows each person to succeed through hard work and creativity and to lead a life of meaning and dignity. We believe the free-market system is the best means of generating good jobs, a strong and sustainable economy, innovation, a healthy environment and economic opportunity for all.
Businesses play a vital role in the economy by creating jobs, fostering innovation and providing essential goods and services. Businesses make and sell consumer products; manufacture equipment and vehicles; support the national defense; grow and produce food; provide health care; generate and deliver energy; and offer financial, communications and other services that underpin economic growth.
While each of our individual companies serves its own corporate purpose, we share a fundamental commitment to all of our stakeholders.
We commit to:
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