Our work is just
The project has come a long way since the first meeting of CEOs in London in early 2017. What began as an exploratory discussion between players across the investment chain, has grown into a robust endeavor: building on existing initiatives, academic work, and the advice of an advisory council, the EPIC participants have identified and developed metrics which will begin to help businesses better articulate the value they create for investors and other stakeholders.
The Long Term Value Framework, which was further developedover the course of EPIC, lies at the heart of these efforts. It provides principles, guidance and tools for companies to better articulate their long-term performance. And today, it is open-sourced for any company to use and build upon.
The progress made during this project is tremendously important, but it is just a first crucial step towards our vision of a world where long- term thinking is the norm, and organizations are empowered to create sustainable, inclusive growth. To reach this goal, we need companies and investors everywhere to play their part over the coming years.
The Coalition for Inclusive Capitalism encourages companies to:
Select and develop metrics and narrative appropriate to their business
Review and change current reporting practices
The Coalition for Inclusive Capitalism encourages asset managers to:
Engage more strategically with companies
Further explore the link between intangibles and financial value
The Coalition for Inclusive Capitalism encourages asset owners to:
Set and communicate longer-term mandates to asset managers
Actively engage in the debate