Vatican City, Dec 9, 2020 / 09:00 am
The Council for Inclusive Capitalism launched a partnership with the Vatican on Tuesday, saying that it would be "under the moral guidance" of Pope Francis.
The council consists of global companies and organizations which share a mission to "harness the private sector to create a more inclusive, sustainable and trusted economic system," according to its website.
Members include the Ford Foundation, Johnson & Johnson, Mastercard, Bank of America, the Rockefeller Foundation, and Merck.
According to a press release from the council, the partnership with the Vatican "signifies the urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity."