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Traditional economics requires firms to take certain items into account and treat others as externalities. ResponsibilityWorks—in an effort to put the Corporate Responsibility Officers Association’s data, practices, and insights to work for government, ensuring that government and its contractors can also do well by doing good—is promoting how corporate responsibility redefines externalities with a new economic model.
The people of the United States are demanding increasing levels of transparency and accountability from their government and the companies with which it does business. President Obama has responded with a historic commitment to bringing more transparency and integrity to the way his Administration conducts itself and how it interacts with its business partners.
In keeping with these principles, the Corporate Responsibility Officers Association (CROA) has created ResponsibilityWorks, a Government Roundtable that has convened sixty leaders of companies, government agencies, nonprofits, and academia committed to improving transparency and responsibility among contractors.