To modernize the federal permitting process and facilitate more efficient, effective and timely environmental reviews, policymakers came together to enact meaningful, bipartisan reforms as part of the Fiscal Responsibility Act. The commonsense reforms include designating a lead federal agency and requiring agencies to work together on a single environmental impact…

Three years ago today, the CEOs of almost 200 of America’s leading companies released a new statement on corporate purpose. The statement, which continues to reflect the view of Business Roundtable CEOs and guide the work of Business Roundtable, contains three elements: First, it reiterates the CEOs’ strong belief in…

By Catherine Schultz, VP, Tax and Fiscal Policy — As part of the Build Back Better Act, Congress is considering increasing the tax on “global intangible low-taxed income” (GILTI) — the foreign earnings of U.S. headquartered businesses. No other country in the world imposes a foreign minimum tax on its businesses, so the changes would put U.S. …

By Matt Sonnesyn, VP, Infrastructure, Energy & Environment Business Roundtable remains deeply concerned about the urgent, growing threat of a changing climate and supports congressional action to prevent its worst potential outcomes. A new United Nations report released last Friday estimates the world is on a path to realize 2.7°C…

By Patrick Decker, President and CEO, Xylem Inc. Two years ago, this week, Business Roundtable got a lot of attention for making what might have seemed, to some, a rather obvious assertion: that corporate purpose and responsibility don’t end with shareholders. Obvious or not, it sparked plenty of comment. …

By Cathy Schultz, Vice President, Tax and Fiscal Policy, Business Roundtable As you may have seen, there’s a new Reuters piece circulating claiming that “U.S. companies pay less income tax than their overseas competitors and would likely continue to do so under a tax hike proposed by President Joe Biden.”…

Q2 CEO Economic Survey Shows ‘Economy Is Back on Track,’ Policies Key to Bolstering Economic Recovery, Sustained Growth & Jobs Business Roundtable yesterday released its Q2 2021 CEO Economic Outlook Survey, which signaled that the U.S. economy is back on track and revealed record plans for hiring in the wake…

By Lance Fritz, Chairman, President & CEO, Union Pacific, Chair of Business Roundtable Trade and International Committee Jacob Wallenberg, Chair of the Board of Investor AB, Chair of the European Round Table for Industry (ERT) Trade & Market Access Committee Later this week, the leaders of the United States and…

By George Oliver, Chairman and Chief Executive Officer of Johnson Controls and Chair, Business Roundtable Energy and Environment Committee As Earth Week 2021 comes to a close, I wanted to share some reflections on how together leaders in government and business are leading the way to a sustainable, lower carbon…