Purpose, strategy and performance
The EPI seeks to establish best practice purpose governance, globally. To do this, we have invited a number of leading businesses and investors to work alongside the research partners.
The body of work coming out of the Enacting Purpose Initiative is also contributing to the British Academy's 'Future of the Corporation' initiative, forming a critical part of its insight agenda.
We are supported by a number of leading universities, corporations and professional service firms including the Law School at the University of California Berkeley; Brighthouse (a BCG company); Federated Hermes; Wachtell; Lipton; Rosen & Katz ("WLRK"); and the senior leadership teams from a large number of global organisations from across Europe and the US. Our thanks go to these partners, and to the members of all three of our steering groups.
In 2020, we brought together our first set of meetings, convening a series of 30 business leaders from organisations and institutions headquartered in the UK and Continental Europe to form a Directors Steering Group. These meetings resulted in our first report "Enacting Purpose within the Modern Corporation: A Framework for Directors", a copy of which can be downloaded below. This report made three contributions as follows:
We built on this first report in the second half of 2020 and in January/February 2021, convening an additional set of 30 business leaders from organisations and institutions headquartered in North America to constitute a second Directors Steering Group, and a set of 30 global asset owners and global investment managers constituting an Investor Steering Group. We will be publishing reports from both groups in March 2021. Early insights from these meetings shows areas where expectations differ between the two groups, and areas where both see common ground.
We have separately worked with colleagues across academia and business on the question of how to best measure and report purpose. Our first discussion paper "Measuring Purpose - An Integrated Framework" can be found in the reports section of this website below alongside the Steering Group reports.