Central to a new role for business leadership and responsibility in society is the support of the capital markets system. Capital markets need to be structured to serve the long-term interests of both investors and society. As the Great Recession of the late 2000s showed, the current system, with its focus on short term shareholder value maximization, is highly unstable and a key challenge in creating a more responsible role for business in society. While we believe current regulatory responses by governments, such as the Dodd-Frank Act, and other externally driven “voluntary” standards initiatives, such as UNPRI, are important, we believe leadership from within the markets to address this challenge is also essential. Through our Future of Capital Markets Project, we support industry-led initiatives to focus capital on the long term and integrate sustainable investment practices into the mainstream of capital markets.