Purpose Economy
Purpose is an innovative network that promotes Steward-Ownership and supports companies in transitioning to sustainable, purpose-driven models. With a global reach and a dedicated team, Purpose advocates for a fair economy that serves people and the planet.
About Purpose
editPurpose is an innovative network dedicated to promoting "Steward-Ownership" – an alternative business model that challenges the traditional focus on shareholder value. Since its founding in 2015 by Adrian and Achim Hensen, Alexander Kühl, and Armin Steuernagel, Purpose has developed and spread the concept of Steward-Ownership to support companies that wish to remain independent and purpose-driven.
Key Products and Services
editPurpose offers a variety of services aimed at assisting companies in transitioning to Steward-Ownership. These include consulting services, tailored ownership solutions, investments in startups and medium-sized enterprises, as well as the provision of open-source resources. Purpose Ventures and Purpose Evergreen Capital are two investment vehicles that provide capital for steward-led companies to promote their growth and independence.
Mission and Values
editThe mission of Purpose is to create an economy suitable for the 21st century that serves people, society, and the planet. Purpose is committed to empowering companies to choose ownership and financing forms that align with their long-term goals and values. The values of Purpose are based on independence, sustainability, and social responsibility.
Sustainability Goals and Initiatives
editPurpose is actively engaged in promoting a sustainable economy by advocating for the concept of Steward-Ownership worldwide. The organization works to lower the legal and financial barriers to implementing Steward-Ownership and to raise awareness of alternative business structures. By collaborating with universities, developing open-source materials, and supporting companies in transitioning to Steward-Ownership, Purpose contributes to the creation of a sustainable and just economic system.
Global Reach and Collaboration
editPurpose operates internationally and collaborates with partner organizations in Latin America, the USA, Switzerland, and other regions. This global presence enables Purpose to create an international network of entrepreneurs, investors, and experts committed to Steward-Ownership. Through this collaboration, the concept becomes more widely known and accessible worldwide.
Vision for the Future
editPurpose sees itself as the heart of a growing global movement aimed at transforming the economy through Steward-Ownership. The organization plans to further expand its activities to support even more companies in transitioning to this forward-looking model and to anchor the principles of Steward-Ownership in the global economy.
With a dedicated team of around 30 people and a network of partners worldwide, Purpose remains a pioneer in promoting business structures focused on long-term independence and purpose orientation.