Tomorrow's Company

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Tomorrow's Company
Tomorrows company logo aw.jpg
shaping the future of business success
Location London, United Kingdom
Founded1996
Founder Mark Goyder
CEO Norman Pickavance
Focus Corporate Governance, Stewardship, Sustainability, Leadership
Official website http://www.tomorrowscompany.com

Tomorrow’s Company is a not-for-profit think tank that exists to inspire and enable business to be a force for good in society. For over twenty years it has pioneered and advocated the importance of purpose, values, culture and a long-term view from within boardrooms through stewardship, across the investment chain and with senior government, impacting both policy and business practice.[ citation needed ]

A think tank, think factory or policy institute is a research institute/center and organization which performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most policy institutes are non-profit organisations, which some countries such as the United States and Canada provide with tax exempt status. Other think tanks are funded by governments, advocacy groups, or corporations, and derive revenue from consulting or research work related to their projects.

Contents

History

The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) initiated a business-led inquiry in 1993 into 'the role of business in a changing world'. [1]

Following the inquiry, The Centre for Tomorrow’s Company (CTC or ‘Tomorrow’s Company’) was founded in 1996 to carry forward the work that started in the inquiry. [2]

Programme

Tomorrow's Company works with a number of organisations and individuals [3] to explore a wide range of issues from stewardship [4] to capital market reforms. [5]

Its programme comprises the following three categories: governance, leadership and stewardship.

"The success of companies in the 21st century is bound up with three interdependent sub-systems – the natural environment, the social and political system and the global economy. Global companies play a role in all three and they need all three to flourish. This is according to Tomorrow’s Company, UK. In short, planet, people and profit are inextricably intertwined"

—  King III, www.ecgi.org/codes/documents/king3.pdf

Corporate Responsibility Group

Tomorrow's Company has held the secretariat for the Corporate Responsibility Group since August 2009. The secretariat was passed on to Carnstone in 2014.

Corporate Responsibility Group organization

The Corporate Responsibility Group (CRG) was a training and development network for corporate responsibility (CR) and sustainability practitioners in the United Kingdom. Founded in 1987, it was succeeded in January 2015 by spin-off Institute of Corporate Responsibility and Sustainability (ICRS).

Membership

Tomorrow's Company is a membership organisation. The majority of its income comes from membership subscriptions, donations and sponsorship by businesses.

Events

Each year Tomorrow’s Company hosts events and high level dialogues, panel debates, and roundtable discussions to engage the public and the business sector and promote the agenda of "business as a force for good".

References

  1. ↑ Durodie, Bill (2 November 2011). "How CSR became big business". durodie.net. Retrieved 17 February 2017.
  2. ↑ Peter Desmond. "Tomorrow's Company - Growth International". growthinternational.com.
  3. ↑ Bawden, Tom (21 June 2011). "Vince Cable calls for UK businesses to take long view". The Guardian. Retrieved 3 February 2015.
  4. ↑ Dunkley, Jamie (8 January 2012). "City investors set up working group to boost shareholder-company relations". Telegraph. Retrieved 3 February 2015.
  5. ↑ Goyder, Mark (10 January 2012). "Finance should be our servant not our master". The Guardian. Retrieved 3 February 2015.
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