The idea of steward-ownership is exciting to me. Profits are a means to an end, not the end itself, and are reinvested to serve the purpose of an organization. Control stays within the business and voting shares cannot be sold for profit. The website purpose-economy says:
The concept of “steward-ownership” harnesses the power of entrepreneurial for-profit enterprise while preserving a company’s essential purpose to create products and services that deliver societal value and protecting it from extractive capital.
I wrote awhile back about Ecosia, the green search engine that plants trees when used to search the web, and mentioned that it is steward-owned. It is, in my opinion, a great example of how steward-ownership has the potential to transform the way business is done in alignment with sustainability and planetary needs.
And now we all have the chance to learn more about it in the livestreamed SO:22 Conference on Steward-Ownership September 5 - 6, 2022. Hear economist and founder of Doughnut Economics Kate Raworth along with Ecosia’s co-founder Christian Kroll talk about innovation and “deep design” and German political economist Maja Göpel speak about the economic relevance of steward-ownership.
Check out the various live-stream opportunities and make this your next “small act of sustainability”!
You will find the SO:22 conference program here.
Let me know if you tune in and what you think.