This article and image is by Afdhel Aziz.

The recent announcement by the Business Roundtable modernizing its principles on the role of the corporation to refocus on stakeholders (not just shareholders) was in it’s own way as revolutionary a moment in business as the Larry Fink Blackrock letter. The ‘Statement on the Purpose of the Corporation’ (worth downloading here) was signed by 200 CEO’s of America’s leading corporations including Apple, Amazon, AT&T, American Express and American Airlines (and that’s just the A’s) and represents a bold new step in finding a more just and equitable model of capitalism–one that’s been espoused by the Conscious Capitalism movement for years. I caught up with Conscious Capitalism CEO Alexander McCobin to find out more about their take on this moment, and whether this will create a ripple effect amongst other companies.

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