But belief is not enough to get us there. Signatures, goals and conversations are only a starting point. For companies to fundamentally change the way we think about our purpose, demonstrate that we take our responsibility to society seriously and have real, positive impact, we have to do. And how we do is just as important as what we do.
Don’t mistake me: business is not philanthropy. It can’t be. We have to make our margins, be competitive on price, drive profit and grow.
For too long, a narrow definition of capitalism has pitted corporate profit against social purpose, relegating decency’s role in a company to a “nice-to-have.”
Yes, companies and nations survive on people making and spending money. But, when we bring our basic human decency to the forefront of our work, it’s easier to see that giving people a lift, expanding the middle class, helping them thrive and grow will also do the same for you
At Mastercard, decency underpins our sustainability as a company because it helps us see clearly that doing the right thing for society leads to the right outcomes for our business.
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