Ownership Works | Council for Inclusive Capitalism

Founded in 2021, Ownership Works (O.W.) is a first-of-its-kind nonprofit organization focused on expanding the adoption of shared ownership – or broad-based employee ownership programs -- across corporate America. Our mission is to increase prosperity for workers and businesses through shared ownership. We do this by partnering with and supporting investors and large public and private companies in implementing plans that provide every employee with the opportunity to become an owner in the workplace and benefit from shared success.

Purpose

Ownership Works’ mission is to increase prosperity for workers and businesses through shared ownership. We aim to catalyze a groundswell of interest in employee ownership across corporate America, and to provide private and public companies with practical models and tools to support program implementation. By providing all employees with meaningful wealth-building opportunities, we work to create companies and employees that are invested in their mutual success, and we help further economic equality, racial equity, and contribute to stronger companies and communities. We believe that providing all employees with a stake in the value they help create is not just better business and smarter investing, it’s also the right thing to do.

Peter Stavros

Founder and Chairman, Ownership Works

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We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

By supporting the adoption of broad-based employee ownership plans across the country, Ownership Works is committed to 1) creating hundreds of thousands of new employee-owners and 2) generating at least $20 billion of wealth for workers by 2030.

Activities & Initiatives

Ownership Works (O.W.) is focused on expanding the adoption of shared ownership – or broad-based employee ownership - across corporate America. O.W. seeks to increase prosperity for workers and businesses by providing all employees with meaningful wealth building opportunities through shared ownership, with a focus on reaching low- and moderate-income workers and workers of color. O.W.'s approach focuses on (1) movement building to generate a groundswell of interest around shared ownership among world-class businesses and corporate leaders, (2) hands-on guidance to help investors and public and private companies through each step in the process of implementing a shared ownership program, and (3) data and research to support and inform the progress of our programs and initiatives. To date, we have generated 22 partnership with private equity and investment firms committed to implementing shared ownership plans in at least 3 portfolio companies within 2 years of launching their engagement with O.W. For a full list of our signed partners across foundations, corporations, labor advocates, investors, and pension fund leaders, please visit https://ownershipworks.org/partners/.

Measures & Targets

O.W. will measure our progress by tracking the amount of wealth shared with workers, the number of new shared ownership plans adopted by companies, and by documenting our programmatic reach among low- and-moderate-income workers and workers of color.

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Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.