This year marks the 20th anniversary of the founding of CECP – now, Chief Executives for Corporate Purpose. Corporate Purpose became part of our name over the past year, marking how more than ever CECP believes companies can create a better world through business. In a year when 181 CEOs signed the Business Roundtable’s Statement on the Purpose of a Corporation, which emphasizes the importance of all stakeholders in society, the time could not be riper to assess the state of Corporate Purpose.

NEW YORK, December 10, 2019 /3BL Media/—Twenty years ago, Paul A. Volcker, Jr. Volcker, who passed away on December 8, 2019 in New York City, joined forces with Paul Newman, actor and philanthropist; Peter Malkin, current Chairman Emeritus of Empire State Realty Trust; David Rockefeller, then Chairman of Chase Manhattan Bank; and John C. Whitehead then Co-Chairman of Goldman Sachs, to form Chief Executives for Corporate Purpose (CECP).

For data-lovers, too many metrics is still not enough. That said, no matter how many ways you run the numbers, each day has 24 hours, each week 7 days, each year 12 months. When CSR leaders share information with senior executives, time constraints limit what they’re able to present, which is typically only the vital few metrics that indicate strategy performance and explain why the work matters to society and business goals. They must make tough choices on what to include.

3M benchmarks annually against the world’s greatest companies to ensure we empower our people with game-changing community engagement programs. CECP recently released their annual report on trends in corporate community relations: Giving in Numbers 2019 Edition. CECP analyst and author, André Solórzano, spotlighted unique data indicating how companies are becoming more employee-centric in their quest to maximize social impact.