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Conference Profit and Purpose In 2019, the US Business Roundtable, which represents the chief executives of the world’s largest companies, rejected the long-held view that ‘corporations exist principally to serve their shareholders’. Instead, after 20 years, the Roundtable asserted that they share a fundamental commitment to all stakeholders: customers, employees, suppliers, communities, as well as shareholders.
As civil society and governments increasingly focus on concrete efforts to achieve the UN Sustainable Development Goals by 2030, business must step up and do its part, says Márcia Balisciano of RELX, who chairs the UN Global Compact Network UK The SDGs are the world’s to-do list, 17 goals, underpinned by 169 targets, adopted by every UN nation in 2015, to address the most pressing global challenges – from extreme poverty to climate change.
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