[Trigger warning: fast moving images] The pandemic has meant that organisations around the world have had to tackle a set of once-in-a-lifetime challenges, and leaders have met the moment with urgency and innovation. This special report is a collection of insights, including case studies from leading companies across the globe, that can help define the path forward.

Airmic, in partnership with the Association of Chartered Certified Accountants (ACCA), Crawford, and Lockton, and with Anette Mikes (Associate Professor at the University of Oxford’s Saïd Business School) as a member of the project advisory group, has embarked on a research project on corporate purpose. This white paper sets out what business responsibility and reputation means, and develop these within their own business context, to determine the implications for risk and insurance managers.

The time for stakeholder capitalism has come. There is growing evidence that companies that take a long-term view perform better – companies with strong ESG norms record higher performance and credit ratings.

American capitalism faces the question of the nature and degree of change necessary to ensure growth and prosperity for all in the 21st century. It has evolved time and again, and we may be poised for another such shift. Will the future of capitalism involve tweaks, reforms, or wholesale change?