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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Defining ESG—What Is It, Really?
October 5, 2022
There were many complaints—and just as many platitudes—about environmental, social, and governance (ESG) policies during Climate Week and the 77th session of the U.N. General Assembly. But as I listened to the back and forth, the consensus seemed to be that instead of demonizing ESG, we need to bring clarity around what it is, how we […]
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Navigating ESG Raters and Rankers
September 6, 2022
Driven by investor pressure, the number of companies measuring and reporting on environmental, social and governance (ESG) data has grown exponentially over the past two decades. As investors started incorporating this information into their investment decisions and seeing positive correlations among ESG management, risk mitigation, and financial returns, they began urging companies to publish more […]
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A Conversation with Coupa's CEO: Instilling Purpose and ESG Strategy into the Supply Chain
July 20, 2022
A conversation with Daryl Brewster, CEO, CECP, and Rob Bernshteyn, CEO & Chairman, Coupa Software Daryl: Rob, thanks for taking the time to talk with us. You’ve served as Chairman & CEO of Coupa Software since early 2009. You’ve seen a shift, especially in the last few years, in how companies define their purpose. Share […]
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Lift Our Voices
July 18, 2022
Organizations are working hard to retain employees in today’s competitive job market and create healthy cultures that foster productivity. In our view, the most important element is to ensure that toxicity has no place in the workplace. Today, 30 percent of men and 40 percent of women say preventing sexual harassment, misogyny, and other unfair […]
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Leaning on Purpose During Times of Crisis
July 14, 2022
Months of warfare have taken a devastating toll on the people of Ukraine, and the impact of war on their health system has left hospitals damaged and outpatient clinics destroyed. As the country’s citizens require access to essential health services more than ever, it has become exceedingly difficult for Ukrainians to get the medical care […]
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While Philip Morris International (PMI) is widely known as a cigarette company, in 2016 we announced our bold, new purpose: to deliver a smoke-free future. By focusing our resources on developing, scientifically substantiating, and responsibly commercializing smoke-free products that are less harmful than smoking, we aim to completely replace cigarettes as soon as possible. Our […]
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The headlines are a buzz. And in them, ESG has taken a beating, with “woke capitalism” as the click bait of the week. But we’re not worried. ESG can take it. We welcome the debate as it only makes companies’ convictions stronger. It refreshes their corporate purpose, reminding them why they are on this journey. […]
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It’s Time for Companies to Do Less
May 11, 2022
Every quarter, companies are asked to do more: more measurement, more transformation, more stakeholders, more ratings and rankings, more standards, more purpose, more advocacy, more equity, more revenue, more sustainability, and so on. That’s not without reason. Real threats that were once just doomsday planning–or ones that we hoped were in the rearview mirror–are now […]
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Speaking Up and Out in 2022 and Beyond
April 6, 2022
The bar for corporations to behave morally is higher than ever. This year’s Edelman Trust Barometer report—a survey of 36,000 people in 28 countries—finds trust in all organizations is changing, but business remains the most trusted (61%), followed by trust in NGOs (59%), government (52%), and media (50%). Just as protests after George Floyd’s murder […]
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Photo originally featured in Sustainable Brands On March 8, 2022, Chief Executives for Corporate Purpose (CECP) convened 17 CEOs and key legal leaders to discuss newly proposed environmental and social governance (ESG) disclosure requirements from the SEC. If adopted, the mandated disclosures would require publicly traded companies to release information to investors about their emissions […]
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Time for a Net Positive Movement
March 10, 2022
Throughout the COVID-19 pandemic, sustainability has been confounding expectations. As more CEOs and world leaders recognize the systemic nature of the challenges we face, it is also rising in importance on the corporate and global agenda. On climate 70% of countries, accounting for around 90 percent of global emissions, now have some kind of net-zero commitment, […]
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Purpose Activation
February 23, 2022
Despite corporate purpose proliferating in importance, few companies are actively planning ways to bring its purpose journeys to life. According to CECP’s Giving in Numbers report, 90% of the C-Suite and 71% of middle management refer to corporate purpose in their communications. And reassuringly, 80% of high performing companies are successful at infusing purpose throughout their […]
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A Look Back at 2021 and the Year Ahead for Education
January 18, 2022
Daryl: With Discovery Education as the worldwide EdTech leader serving around 4.5 million educators and 45 million students worldwide, what lessons did you learn last year? Lori: Since the beginning of the pandemic, over 90% of K-12 students transitioned to remote learning, and many remain in some type of hybrid model. While communities are doing their best […]
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CECP’s 2021 Look Ahead: Focusing Corporate Purpose
December 20, 2021
Photo by Campbell Soup Company 2021 was a tipping point for global challenges—from new COVID-19 variants to racial reckoning to climate change and more. A recent study conducted by the Milken Institute and The Harris Poll finds over half (54%) of the surveyed global citizens said they trust companies more than government to find solutions on […]
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Helping to End Sexual Harassment in the Workplace
November 23, 2021
Photo by Mackenzie Stroh, The Hollywood Reporter Despite increased awareness around the harm of toxic work environments, addressing sexual harassment is still the issue that people say is the most important problem employees currently face in the workplace. In the past decade, it has become increasingly viewed as urgent, according to polling data. Studies show that more CEOs were removed […]