March Pegasus Now Available!

Here is the March edition of Pegasus.

In this issue, we revisit the Universal Declaration of Human Responsibilities of 1997 and how it relates to our principles.

We also include excerpts from a recent report of the Coalition for Inclusive Capitalism, background on our new initiative to recognize distinguished business leadership in social responsibility and a comment about our rather special practice of “round tables.”

I would be most interested in your thoughts and feedback.

Request for Support

I ask you to consider supporting the work of the Caux Round Table for Moral Capitalism with a donation to our operating budget.

I attach our 2020 Year in Review (annual report) to document our contributions and successes during last year.

We seem to have a unique role to play – in a free space to expand and have influence in between business, academia, foundations and governments, drawing on all, but dependent on none, to fashion with our round tables sound, new departures for action and vision.

At a time of pandemic, when so much in our lives is uncertain, uneasy and stressful, reliable, but most importantly, determined leadership, is more necessary than ever. Leadership, as always, depends on ideas and moral conviction. We, therefore, seek to support all with both, so that their leadership will rise to the demanding challenges of our time. My father used to say “Never show the white feather,” especially when others on the team look to us for reassurance and steady stewardship.

For 2021, our priority will be to launch online certificate educational programs on the theory and practice of moral capitalism and moral government. These web-based modules will be accessible globally. Through education, we plan to inspire and stimulate individuals to make their respective contributions to better outcomes in business and civic justice.

Secondly, we will propose more collaboration and coordination among the now many efforts promoting sustainability, corporate social responsibility, and alignment of enterprise with care for the environment, society and governance.

Thirdly, we will continue to provide thought leadership through round tables, our newsletter Pegasus and workshops on modernizing valuation.

Given the difficulties caused by the pandemic for traditional means of outreach in solicitation of support and personally engaging with donors and supporters, we hope you can be especially generous with your contribution this year.

You can donate via PayPal.

If you would like to mail a check, our address is 75 West Fifth Street, Suite 219, St. Paul, MN 55102.

If you would like to contribute via wire transfer, please reply to this message.

Anything you can give would be most appreciated.

A Most Important CRT Report on Covenants of the Prophet Muhammad with Christian Communities

On our homepage, you will find a remarkable document titled “Founding Principles for Modern Imperatives: The Overlooked Covenants of the Prophet Muhammad” issued by Lord Daniel Brennan, our Chairman emeritus and myself.

The report notes the discussions and presentations made to a small study group convened by the Caux Round Table (CRT) to consider the historicity and contents of covenants made by the Prophet Muhammad to respect and protect Christian communities. Our colleagues noted in the report contributed with diligence and grace to our discussions and to the writing of it.

To consider the covenants of the Prophet, the CRT drew on its network of scholars and thoughtful colleagues, asking them to participate in this two-year study of long forgotten documents.

For no doubt very human reasons, which I do not fully comprehend, these covenants made by the Prophet himself have been rather thoroughly overlooked by both Muslims and Christians for centuries.

But we today are not bound by the practices of our predecessors. We can read the covenants for ourselves, assess their meaning and, if we choose, apply them in our time to relations between Christians and Muslims.

For me personally, having participated in the three workshops noted in our report, it is incumbent upon Christians to acknowledge the good faith and grace of the Prophet in making these covenants, which are to stand until the end of time and are, by their terms, binding on all faithful Muslims. Reciprocally, it is similarly incumbent upon Muslims to reflect upon that same good faith and grace of the Prophet Muhammad as guidance for their own lives.

In these covenants, the Prophet Muhammad, to me, set forth high standards of fraternity and humane responsibility for the good of others which are most fitting for our global community of different ethnic, intellectual and religious expressions of something common – our human dignity and spiritual resourcefulness in this world which we did not create on our own.

Two New CRT Fellows Appointed

It is my honor to announce the appointment of two new fellows: Ven. Dr. Anil Sakya and John Dalla Costa.

Ven. Anil is the Honorary Rector of the World Buddhist University in Bangkok. He was recently given the post of Dev Pada, the fourth highest title in the Thai Buddhist tradition, by His Majesty, King Rama X. He is an Assistant Abbot at Wat Bowonniwet. He was, for many years, the personal secretary of the late Supreme Patriarch. Ven. Anil is Nepalese from the Sakya Clan of the Buddha and has lived in Thailand for over 40 years. He and I have collaborated in writing several essays on an understanding of “dharma,” as taught by the Buddha in his first sermon as the capacity to live sustainably in the always turning kaleidoscope of our lives in this reality.

John Dalla Costa has written, in my opinion, two of the best books in business ethics: The Ethical Imperative and Magnificence at Work. He has been an invaluable member of our study team seeking to learn more about the Covenants of the Prophet Muhammad to respect and protect Christians. John deeply understands both the practicalities and the spiritual aspirations of Catholc Social Teachings and will be very helpful in our engagement with that wisdom tradition and our initiatives with the Holy See.

December Pegasus Now Available!

Here is the December edition of Pegasus.

In this issue, we include a piece from yours truly about our Principles for Business and Stoic humanism.  We also added an excerpt of a recent decision by the U.S. Securities and Exchange Commission which now requires companies to provide the public with more information on their human capital.

I would be most interested in your thoughts and feedback.

Happy New Year!