CECP Insights Blog
CECP's CEO Daryl Brewster, other CECP staff, members of CECP's Board of Directors, and other industry thought leaders provide timely insight into trends and developments on the role of business in society.
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This Year, Companies Are Focused on Creating Long-Term Sustainable Value
February 29, 2024
Investors are looking for executives to strategically manage for the long term According to last year’s Edelman Trust Barometer, 65 percent of people believe companies are not doing well at living up to their climate change commitments, driven by the focus on short-term profits. With close to 30 percent of company holdings owned by index […]
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Daryl Brewster discusses the benefits and challenges of integrated long-term planning with former Vanguard CEO Bill McNabb. You were recently part of a CECP CEO Roundtable with Vincent Forlenza, chair of Moody’s and former chair and CEO of BD, about the process and value of developing and presenting an integrated long-term plan from the […]
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Anyone with the idea that CEOs and companies can now stand down with a new Administration has sorely underestimated corporations. They will still fill the role of CEO statespeople Yet, the role of a company will change when a little less rests on their shoulders alone. There is still plenty to do to meet the […]
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Becoming the Biggest B Corp
July 22, 2020
In an interview on the Leadership Next podcast with Alan Murray of Fortune, Danone CEO Emmanuel Faber reaffirmed the company’s ambitious goal of becoming one of the first multinational companies to certify as a benefit corporation (B Corp) by 2025. Danone already has 17 B Corp-certified entities – Danone North America currently being one of […]
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Buy-Backs: Pitchforks, Then A Rethink
March 26, 2020
We’re going to want to reach for the pitchforks as we watch baggage-charging, space-squeezing airlines get a chunk of taxpayers’ money as part of the Covid-19 stimulus package, with very few strings attached. Particularly so after a decade of airlines shipping cash out the door in share buy-backs at an extraordinary scale. As a result, […]
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How CEOs Talk About the Long-Term
October 9, 2019
When presenting to investors, CEOs need to go deeper than just telling a good marketing story. Institutional investors want to hear more from CEOs about how they are positioning their company to succeed in the long-term. CEOs need to demonstrate that the company’s leadership understands how long-term issues impact value creation and has developed a […]
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Engage, Don’t Turn Your Back
August 21, 2019
Chief Executives for Corporate Purpose (CECP) has always existed to encourage companies to do more, do better. The goal of our Strategic Investor Initiative is to add bandwidth to the communications between CEOs and investors, so investors have access to a broader range of information they need to make investment decisions and companies have access […]
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7 questions every CEO should be able to answer
June 20, 2019
This article first appeared on The World Economic Forum. Companies are being asked by both investors and customers to better articulate their plans for making a profit and doing so in a way that doesn’t damage the planet. These demands are taking on new urgency as the implications of climate change become more severe and disruptive technologies transform […]
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This article first appeared on LinkedIn. Brian Tomlinson and Mike Krzus’ report, The Method of Production of Long-Term Plans, can also be viewed for full coverage of the topic. Four thoughts for better long-term focused disclosures Communicating new topics to investors often requires new operational processes, personnel, and data; disclosure can work as an organizational forcing function. Corporations are […]
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This article appeared first in the National Association of Corporate Directors’ blog, BoardTalk. Board members don’t need another tome outlining the uncertain times in which their companies find themselves. What they need is a road map to guide their companies in sustainable value creation, which, in a sense, future proofs their business strategies. Uneasy markets? […]
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How Purpose and Culture are Driving Sustainable, Long-Term Growth and Profitability
February 6, 2019
CEOs from institutional investor firms BlackRock and State Street released their annual guidance to companies on practices they “believe will drive sustainable, long-term growth, and profitability.” These letters were issued amidst widespread cynicism, both socially and economically, while anxious chatter continues about the role of business, capitalism, and strategic time horizons. The 2019 Edelman Trust […]
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In “Short-Termism is Harming the US Economy,” Jamie Dimon and Warren Buffett argue that executives who target quarterly, short-term results often do so at the sacrifice of long-term strategy and results. This, in turn, harms the sustainable success of companies and the economy as a whole. We agree. As part of CECP’s Strategic Investor Initiative, […]
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CORPORATE LEADERSHIP, SOCIAL PROGRESS
December 18, 2017
As the wild ride of 2017 comes to an end, we reflect on a year that was replete with loss and pain, but also a year when leading corporations have stepped up on major social issues. Through CECP’s collaboration with 200+ companies, hundreds of monthly inquiries and discussions, proprietary surveys, and conversations with leading experts and on-the-ground […]
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Changing The Conversation from Short-Term to Long-Term Value
October 18, 2017
In his article “The False Prophet of Long Term Investing” James Mackintosh makes a nuanced argument about long-term investing versus short term trading. While he agrees that short-termism can lead to the wrong incentives for corporate management, a state of affairs he acknowledges large investors are working to correct, Mr. Mackintosh warns against blaming short-termism […]