What does stakeholder capitalism mean for business

To be able to create long-term value, ensure resilience and contribute to the global sustainability goals, companies need to understand and manage their relevant stakeholders. However, there isn´t a shared understanding of stakeholder capitalism or clear practical considerations on the role of business.

The purpose of business is to create value for all stakeholders: employees, customers, suppliers, communities, the natural environment and shareholders. Understanding business´ concrete role and enabling effective stakeholder management will help unlock opportunities and manage risks.

This project defines the role of business in enabling and shaping stakeholder capitalism, moving from a concept to practical definitions and implications together with an understanding of how the concept would apply to purpose, strategy, duties, risk and opportunity management, value and values.