guardrails to protect the commons

Remove bad options. Business models that deplete common resources and replicate dangerous inequality must be taken off the table

Universal Owners. These long-term, diversified shareholders have the incentive and ability to work together with companies to establish comprehensive and universal sustainability guardrails to protect the
commons

Collective action. Guardrails become “tickets to the game” that all companies must follow as a condition of market participation and shareholder trust

Pre-competitive: a level playing field from which to compete

Collective: a mechanism to ensure standardization

Systemic: solutions that preserve the valuable systems in which business is embedded

Science-based targets for minimizing adverse impacts on natural resources and other natural capital costs

Accounting for carbon emissions

Limits on political spending

Certification requirements for water use, human rights and other critical issues

Limits on use of inversions, havens and other tax avoidance schemes

Requirement that ESG benchmarks be met before any performance pay accrues