Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Corporate Leadership in 2016: Intimidation Out, Engagement In

Last week marked the transition from commitments to compliance for a number of companies that have pledged to get deforestation out of their supply chains.  Wilmar International, the world’s largest trader of palm oil, set a December 31, 2015 deadline for suppliers to adhere to its path-breaking “No Deforestation, No Peat, No Exploitation” policy. December 31st was also Jim Bob Moffett’s last day at work as the chairman of Freeport-McMoRan, the company that developed one of the world’s largest copper and gold mines in eastern Indonesia. The coincidence of these milestones leads me to reflect on the changing norms of corporate leadership, and my brief interaction with Mr. Moffett 20 years ago.