Every Movement That Lasts has a Moral Foundation.
Notes from the Council | Newsletter May 2021
The Council for Inclusive Capitalism is a global community of leaders working to build a more inclusive, sustainable, and trusted economic system. In 2019, Pope Francis shared with the Council: “An inclusive capitalism that leaves no one behind, that discards none of our brothers or sisters, is a noble aspiration, worthy of our best efforts.”
The Council is committed to this call to action. Years of growing inequalities and a once-in-a-lifetime pandemic have exposed our system’s fragilities, but our mission is not simply an economic necessity. There is a moral imperative to address the growing inequality and climate challenges of our time.
Council members are responding to this moral imperative by contributing their best ideas and actions for a more inclusive form of capitalism. They recognize that the values we need to exercise to do right by one another are the foundation of the stronger economies and societies we are working to build together.
The Council for Inclusive Capitalism is a critical endeavor in a world in need of hope, inspiration, and new ideas. Our aim is that Council member commitments at scale will lead others to join us and create the systems change we need to extend the benefits of our economic system to more people while protecting the planet. We are just getting started on this journey, but collectively, we are making meaningful progress every day. Thank you for being part of this movement.
Meredith Sumpter, CEO
COUNCIL LEADERS TAKE THE MAIN STAGE AT GREENFIN21 TO DISCUSS INCLUSIVE CAPITALISM
Council Founder and Chair Lynn Forester de Rothschild and steering committee member Marcie Frost joined WBCSD at GreenFin 2021 to discuss the movement to redefine capitalism as a force for good on everything from income inequality to immigration and social justice. Read more about the event.
MEET THE COUNCIL: TREVOR JACKSON, CHAIRMAN OF MAL RESEARCH & DEVELOPMENT, LTD.
MAL Research & Development Ltd. is promoting clean energy through the deployment of its 300-mile range extender for electric vehicles. See how Trevor and Mal Research & Development Ltd. are taking action for a more inclusive capitalism.
How does your company align with the mission and principles of the Council?
Our focus is the provision of a clean transport technology that can be deployed rapidly with minimal infrastructure and with a cost basis that provides healthy margins for all participants in the cash pipeline driven by the product lifecycle. This aligns with three drivers for the Council: People, Planet, and Prosperity.
What was the inspiration behind your commitments to inclusive capitalism?
Our current commitment is centered on automotive application of our technology because it can be achieved this year via our current contract to deliver the Renault Zoe 300 mile range extender, and it should serve to demonstrate our technology in not only automotive but also electric flight, electric marine propulsion and remote power markets.
WELCOME NEW COUNCIL MEMBERS
Working with our Stewards and Allies, the Council exists to spur industry, investment and global leaders adoption of their own inclusive and sustainable practices. Stewards are leaders of companies of all sizes, industries, and regions that commit their organizations to actions to foster more inclusive and sustainable economies and societies. Allies are nonprofits, foundations, and international institutions that work in parallel to the mission of the Council.
Michael “President” Anderson
CEO, MPAC Solutions
CEO, National Academy of Social Insurance
CEO & Founder, PGB Group 2.0
Co-founder/Co-CEO, Media Policy Center
Managing Director, Mannbenham Advocates Limited
Co-founder and CEO, Global Impact Investing Network
CEO, Canadian Hemp Farmers Alliance
Founder and Publisher, Partners in Digital Health
Founder, The Commoner
Executive Director, Drucker Institute
CEO, One World of Wonder Group, LLC
Co-founder, Able City
CEO/Founder, BHN-basic Human Needs Inc.
Sylvie Gallier Howard
CEO, Equitable Cities Consulting
Founder & Director, Auspice Social
Joseph W. Griffith, PSYD
Founder & Senior Partner, Agronomics by G Squared Land Management
Founder and Executive Director, JLens
President, Research Institute for Japan`s Globalization (RIJAG)
Uchenna N. Ibekwe (Uche)
CEO/President, Communal Impact Corporation
Co-founder & Chief Executive Officer, Beleap
Founder, Accountable Impact
Amelia Lopez Huix
Owner and General Partner, MCI International
Niels Carl A. Lorijn
Co-founder & Managing Director, Capdesia
Principal, Longview Asset Management
Founder, Dukaly Online
Wiseman Lindani Mkhize
Founder and Director. African Global Networks
Lluís Noguera Pujol-Xicoy
Chief Executive Officer, X-Elio Energy, S.l.
CEO, Global Steering Group for Impact Investment
Director, The CIPI Foundation
CEO & Co-Founder, Ad Maiora
Chair of the Board, Plastic Bank Foundation Germany
Juan Manuel Sinde
President, Arizmendiarrieta Kristau Fundazioa
Erik van der Kooij
Founder Director, Feeling Europe Foundation
Founder and Managing Director, Sust4in
Judith Annabella Voll
Co-founder, Board member, Societal Business – Think tank
CEO, Rainforest Connection
INCLUSIVE CAPITALISM IN THE NEWS
Santa Fe New Mexican | A carrot and stick for investors on climate action
Greenbiz | When it comes to social and environmental justice, words don’t cut it
Fortune | Stakeholder capitalism isn’t a new idea
Philadelphia Inquirer | Merck CEO Kenneth Frazier: ‘It’s a mistake for corporations to take democracy for granted’
MSNBC | The Women Over 50 Raising Their Voices For Voting Rights
New York Times | A big show of corporate solidarity
Forbes | A Living Wage: The Latest ESG Challenge For Corporate Governance
Phillipine Star | Bridging Capitalism and Inclusion
BusinessWorld | Ayala chair joins Vatican-led council on ‘inclusive capitalism’
Yahoo! Finance | Op-Ed: How America’s business leaders can restore faith in capitalism