I 
116TH CONGRESS 
2D SESSION 
H. R. 8880 
To establish the Compassionate Capitalist Award to recognize organizations 
that substantially benefit the well-being of their employees, stakeholders, 
and communities, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 4, 2020 
Mr. PHILLIPS (for himself, Mr. EVANS, Mr. CASE, and Ms. CRAIG) introduced 
the following bill; which was referred to the Committee on Energy and 
Commerce 
A BILL 
To establish the Compassionate Capitalist Award to recognize 
organizations that substantially benefit the well-being of 
their employees, stakeholders, and communities, and for 
other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Honoring Organiza-
tions Nationally for Ethics, Sustainability, and Trust Act’’ 
or the ‘‘HONEST Enterprise Act’’. 
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SEC. 2. ESTABLISHMENT OF THE COMPASSIONATE CAPI-
TALIST AWARD. 
(a) IN GENERAL.—There is established the Compas-
sionate Capitalist Award (in this section referred to as the 
‘‘award’’), which shall be evidenced by a certificate and 
a medal that— 
(1) bear the inscriptions the ‘‘Compassionate 
Capitalist Award’’ and ‘‘Doing Business Better’’; 
and 
(2) incorporate such design and materials, and 
bears such additional inscriptions, as the Secretary 
of Commerce (in this section referred to as the ‘‘Sec-
retary’’) determines appropriate. 
(b) PRESENTATION OF AWARD.—The President or 
the Secretary shall annually present, with such ceremonies 
as the President or Secretary determines appropriate, the 
award to organizations nominated under subsection (d) 
that the Secretary determines are deserving of recognition 
for substantially benefitting the well-being of their employ-
ees, stakeholders, and communities with respect to the fol-
lowing areas: 
(1) ENVIRONMENTAL STEWARDSHIP.—The de-
gree to which an organization has in place practices 
to manage the environmental impact of its oper-
ations, supply chain, and distribution channels, in-
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cluding with respect to air, water, land, biodiversity, 
and climate effects. 
(2) GOVERNANCE.—The mission, ethics, and 
transparency of an organization, including, if appli-
cable, the organization’s corporate leadership struc-
ture and executive compensation. 
(3) SOCIAL
RESPONSIBILITY.—The degree to 
which an organization contributes to the commu-
nities in which it operates and obtains resources 
from, including the organization’s practices with re-
spect to diversity, equity, inclusion, civic engage-
ment, charitable giving, and refraining from doing 
business with exploitative countries. 
(4) WORKER EMPOWERMENT.—The degree to 
which an organization contributes to the financial 
security, workplace safety, healthcare coverage, 
wellness, engagement, satisfaction, and career devel-
opment of employees, and the degree to which an or-
ganization provides a fair and living wage. 
(c) ELIGIBLE ORGANIZATIONS.— 
(1) IN GENERAL.—The President or the Sec-
retary shall present the award to at least one organi-
zation each year in each of the following categories: 
(A) Small businesses (at least 10 and 
fewer than 50 employees). 
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(B) Midsized businesses (at least 50 and 
fewer than 250 employees). 
(C) Large businesses (at least 250 employ-
ees and fewer than 1,000 employees). 
(D) Very large businesses (at least 1,000 
employees). 
(2) TOTAL
NUMBER
OF
AWARDS.—Not more 
than 18 awards may be awarded each year. 
(3) EXCEPTION.—Notwithstanding paragraph 
(1), no award shall be awarded in a given category 
if the Secretary determines that no organization 
qualifies for the award with respect to such cat-
egory. 
(d) ESTABLISHMENT OF BOARD OF DIRECTORS.— 
(1) IN GENERAL.—The Secretary shall establish 
a board of directors to nominate organizations for 
the award and assist with administration of the 
award. 
(2) COMPOSITION.—The board shall be com-
posed of the following: 
(A) The Assistant Secretary of Commerce 
for Economic Development, who shall serve as 
chairperson of the board. 
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(B) The Administrator of the Wage and 
Hour Division of the Department of Labor, who 
shall serve as vice chairperson of the board. 
(C) At least 6 individuals appointed by the 
Secretary of Commerce, who shall include— 
(i) 2 individuals representing inde-
pendent nonprofit entities that have dem-
onstrated leadership and excellence in the 
field of standard setting and measurement 
with respect to stakeholder impact; 
(ii) 2 individuals representing cor-
porate business entities that have dem-
onstrated a history of service to society; 
and 
(iii) 2 individuals representing orga-
nized labor entities. 
(3) DIVERSITY.—In making appointments to 
the board, the Secretary shall take actions to ensure 
the diversity of the membership with respect to race, 
ethnicity, and gender. 
(4) EVALUATION TOOL.—The board shall seek 
to enter into contracts with appropriate entities to 
develop an online evaluation tool that— 
(A) is based on standards specific to the 
category of business an organization qualifies as 
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under subsection (c)(1) that are developed in 
consultation with such entities; 
(B) provides for each organization consid-
ered for an award a numerical score with re-
spect to each of the areas specified in sub-
section (b), using the standards described in 
subparagraph (A); 
(C) provides for each organization consid-
ered for an award a total numerical score; and 
(D) assists the board in making nomina-
tions under paragraph (1). 
(5) ADDITIONAL
VERIFICATION.—The board 
shall take actions to verify the accuracy of the facts 
presented by organizations seeking nomination for 
the award, including by soliciting employee feedback. 
(6) ANNUAL REPORT.—The board shall annu-
ally submit to the Secretary a report that includes— 
(A) nominations for the award; and 
(B) an assessment of the process for pre-
senting awards under this section, including 
recommendations for improving such process. 
(e) AWARD ELIGIBILITY REQUIREMENTS.— 
(1) APPLICATION.—An organization may be 
considered for an award upon submitting to the Sec-
retary an application in such form, at such time, 
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and containing such information as the Secretary 
determines appropriate, including information nec-
essary for purposes of the evaluation tool described 
in subsection (d)(4). 
(2) PRIOR RECIPIENT QUALIFICATION.—An or-
ganization that has previously received the award is 
eligible to receive an additional award if at least 5 
years have elapsed from the date such organization 
previously received the award. 
(f) MODIFICATION OF AREAS.—The Secretary may, 
on the basis of recommendations made by the board, make 
modifications to the areas specified in subsection (b), 
which shall be effective 30 days after the date on which 
the Secretary submits a detailed description of such modi-
fications to Congress. 
(g) INFORMATION TRANSFER.—The Secretary shall 
issue to each organization that applies for the award— 
(1) the results of the evaluation with respect to 
such organization; and 
(2) information with respect to the organiza-
tions to whom the award was presented and the 
practices that the Secretary used as a basis to 
present such award to such organizations. 
(h) FUNDING.— 
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(1) IN GENERAL.—The Secretary may solicit 
and accept gifts from public and private entities, 
and may use such gifts without further appropria-
tion, to carry out this section. 
(2) DONOR AWARD INELIGIBILITY.—An entity 
that makes a gift under this subsection shall not be 
eligible to receive the award after such gift has been 
made. 
(i) REPORT.—Not later than 1 year after the date 
of enactment of this Act, the Secretary shall submit to 
the President and Congress a report on the progress made 
with respect to the award and any recommendations relat-
ing to the process of presenting such award. 
Æ 
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