A Test of Corporate Purpose (TCP)
COVID-19 and Inequality
In the midst of the COVID-19 pandemic and with a spotlight on inequality, expectations for companies are rising. Today’s state of the world poses a test of both the breadth and durability of corporate purpose commitments, shifting the dynamics for thousands of companies as they confront new challenges and expectations. The current circumstances make for an unprecedented test of corporate purpose.
The Test of Corporate Purpose (TCP) initiative will assess how purpose-driven companies respond in a time of severe global crises. TCP will assess hundreds of publicly traded companies on their performance in relation to the COVID-19 pandemic and inequality crises. TCP comprises the following elements:
Research: In-depth research on hundreds of publicly traded companies’ performance, responses, and actions related to the COVID-19 pandemic and multiple dimensions of inequality.
Survey: A survey circulated to a broad range of stakeholders (including businesses, NGOs, investors, academics, regulators, and policymakers) to compare and contrast perceptions and inform the empirical research.
Report: A detailed, open-access report that describes and analyzes the findings and performance rankings for the research universe, as well as policy implications.
Case Studies: Case studies on best practices and shortcomings for high-profile companies.
Database: A publicly available, interactive, searchable, and downloadable database that can be used as a decision support tool.
Your engagement in TCP at this pivotal movement will help us:
Identify best practices for large publicly traded corporations in managing the fallout from the pandemic, inequality, and social unrest;
Develop a benchmarking tool to measure and drive corporate action on systemic crises; and
Analyze the impact of corporate actions on systemic issues, particularly those exacerbated by the pandemic.
TCP Advisory Board
Joanne Bauer – Co-Founder, Rights CoLab
Allison Binns – Executive Director, Morgan Stanley
Chris Coulter – CEO, GlobeScan
Robert G. Eccles (Co-Chair) – Visiting Professor of Management Practice, Saïd Business School, University of Oxford
Rob Fernandez (Treasurer) – Vice President, Director of ESG Research, Breckinridge Capital Advisors
Nili Gilbert – Co-Founder, Portfolio Manager, Matarin Capital Management
Mark Gough – Executive Director, the Capitals Coalition
Thomas Kuh – Head of Index, Truvalue Labs
Rakhi Kumar – Senior Vice President, Sustainability Solutions, Liberty Mutual
Anita McBain – Head of Responsible Investment & ESG, M&G Investments
Christopher McKnett – Co-head, Sustainable Investing, Wells Fargo Asset Management
Gianna McCarthy – Director of Corporate Governance, Office of the New York State Comptroller
Bhakti Mirchandani – Director of Responsible Investing, Trinity Church Wall Street
Hiro Mizuno (Co-Chair) – Former Chief Investment Officer, Government Pension Investment Plan of Japan (GPIF)
Yumi Narita – Executive Director of Corporate Governance, Office of the New York City Comptroller
Sacha Sadan (Co-Chair) – Director of Corporate Governance & Board member, Legal & General Investment Management (LGIM)
Jennifer Signori – Senior Vice President, ESG & Impact Investing, Neuberger Berman
John Streur – President and Chief Executive Officer, Calvert Research and Management
Jessica Wirth Strine – Managing partner and CEO, Sustainable Governance Partners (SGP)
Mark Tulay – Founder and CEO of TCP & CEO Sustainability Risk Advisors (SRA)
Allen White – Vice President and Senior Fellow, Tellus Institute
Andrew Winston – Author, The Big Pivot & Green to Gold & Founder, Winston Eco-Strategies
TCP Management Team
John Kim - CSO and Head of Impact, 1Row
Sara E. Murphy - Sustainable Investment & Corporate Responsibility Consultant
Mark Tulay - Founder and CEO of TCP & CEO, Sustainability Risk Advisors (SRA)
Test of Corporate Purpose (TCP) | DOWNLOAD BROCHURE
© 2020 TCP. All Rights Reserved.