The purpose of a corporation has shifted to reflect modern concerns. Instead of focusing exclusively on maximizing shareholder value, the Business Roundtable’s updated Principles of Corporate Governance recognizes the importance of employees, suppliers, customers, lenders and communities to building long-term corporate value. The statement urges companies to adopt sustainable business practices that fight climate change, reduce income inequality, promote diversity and improve public health. We can help you draft financial statement disclosures that explain your sustainability efforts to stakeholders clearly and objectively and highlight links to financial performance. Contact us for more.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. The services of an appropriate professional should be sought regarding your individual situation.