CEOs gather in London to discuss sustainable business practices

The Council for Inclusive Capitalism, a relatively new global community of business leaders committed to sustainable business practices, met for the first time on Saturday since its steering committee was launched in December of 2020. 

The meeting at Lambeth Palace Library in London, under the chairmanship of Justin Welby, the Archbishop of Canterbury, brought together leaders across the private and public sectors, and faith traditions from around the world to chart an onward path toward a more sustainable global economy.

The summit brought together more than a dozen global CEO and executives to take stock of needed reforms amidst growing climate and inequality risks. 

Discussions were led by steering committee members and included some of today’s most critical business issues: advancing a just energy transition, accurately measuring and accounting for impact, and advancing private sector uptake of inclusive and sustainable practices to the benefit of business and society.

Council steering committee members in attendance included Pelin Akin Özalp, Board Member of Akfen Holding; Eduardo Bartolomeo, CEO of Vale; Mathias Cormann, Secretary-General, OECD; Natarajan Chandrasekaran, Chairman, Tata Sons Private Limited; Lynn Forester de Rothschild, Co-Founder and Managing Partner, Inclusive Capital Partners; Marcie Frost, CEO, CalPERS; William P. Lauder, Executive Chairman of The Estée Lauder Companies; Rich Lesser, Global Chair of Boston Consulting Group (BCG); Lim Boon Heng, Chairman of Temasek; Bernard Looney, CEO, bp; Punit Renjen, CEO Emeritus, Deloitte Global; Feike Sijbesma, Advisor to the Council for Inclusive Capitalism; Jeff Ubben, Founder and Managing Partner of Inclusive Capital Partners; and Jaime Augusto Zobel de Ayala, Chairman Ayala Corporation. Also attending were representatives from the International Trade Union Confederation (ITUC), Merck, PayPal, the Rockefeller Foundation, and State Street.