The Council for Inclusive Capitalism with the Vatican

A MORAL AND MARKET IMPERATIVE

No economic system has been as successful as capitalism in lifting so many out of poverty. Still, too many are failing to benefit and the planet is paying a price. The Coalition for Inclusive Capitalism’s sister non-profit, The Council for Inclusive Capitalism with the Vatican, is a historic collaboration of CEOs and global leaders working with the moral authority of Pope Francis and Cardinal Peter Turkson of the Vatican’s Dicastery for Promoting Integral Human Development, to harness the private sector to create a capitalism that is more fair, inclusive, and sustainable.

CAPITALISM FOR GOODNESS’ SAKE

Inspired by the moral imperative of all faiths, the Council is led by industry-leading CEOs and global leaders who commit their organizations to specific actions to create long-term value for all stakeholders. These Guardians for Inclusive Capitalism are now inviting leaders of companies and organizations of all sizes to JOIN THE MOVEMENT as Stewards and make their own commitments to build more inclusive economies and dynamic societies.

Council members agree to support the Principles for Inclusive Capitalism and make measurable commitments that are aligned with the World Economic Forum International Business Council’s four pillars of sustainable value creation (People, Planet, Prosperity and Principles of Governance) and that advance the UN Sustainable Development Goals.

The Council spans the entire economic ecosystem. It currently represents $10.5 trillion in AUM, $2.1 trillion in market capital, and represents over 201 million workers globally.

CO-CHAIRS

Oliver Bäte

Allianz SE

Marc Benioff

Salesforce

Mark Carney

COP26

Roger Ferguson, Jr.

TIAA

Lynn Forester de Rothschild

Inclusive Capital Partners

Brian Moynihan

Bank of America

Mark Weinberger

EY

GUARDIANs

Ajay Banga

Mastercard

Edward Breen

DuPont

Sharan Burrow

International Trade Union Confederation

Brunello Cucinelli

Brunello Cucinelli S.p.A.

Carmine Di Sibio

EY

Kenneth Frazier

Merck

Fabrizio Freda

Estée Lauder Companies

Marcie Frost

CalPERS

Alex Gorsky

Johnson & Johnson

Angel Gurria

Secretary General of the OECD

Al Kelly

Visa

William Lauder

Estée Lauder Companies

Bernard Looney

BP

Fiona Ma

California State Treasurer

Hiro Mizuno

Principles for Responsible Investment

Deanna Mulligan

Guardian Life

Ronald P. O'Hanley

State Street Corporation

Rajiv Shah

The Rockefeller Foundation

Tidjane Thiam

Kering Group

Darren Walker

Ford Foundation