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November 18, 2019

World Economic Forum Annual Meeting in January 2020 in Davos, Switzerland to focus on 'Defining Stakeholder Capitalism'

World Economic Forum

Photo: Impressions at the Annual Meeting 2019 of the World Economic Forum in Davos, January 2019. Image provided by & Copyright © World Economic Forum / Jakob Polacsek.

World Economic Forum

Photo: Impressions at the Annual Meeting 2019 of the World Economic Forum in Davos, January 2019. Image provided by & Copyright © World Economic Forum / Benedikt von Loebell.

Geneva, Switzerland, 18 November 2019 - The World Economic Forum recently announced the theme and details for its 50th Annual Meeting, to be held 21-24 January 2020, in Davos, Switzerland.

The Meeting’s theme will be ‘Stakeholders for a Cohesive and Sustainable World.’ It will bring together 3,000 participants from around the world, and aim to give concrete meaning to “stakeholder capitalism,” assist governments and international institutions in tracking progress towards the Sustainable Development Goals, and facilitate discussions on technology and trade governance.

“People are revolting against the economic ‘elites’ they believe have betrayed them. And our efforts to keep global warming limited to 1.5°C are falling dangerously short,” said Professor Klaus Schwab, Founder and Executive Chairman at the World Economic Forum. “With the world at such critical crossroads, this year we must develop a ‘Davos Manifesto 2020’ to reimagine the purpose and scorecards for companies and governments. It is what for which we founded the World Economic Forum 50 years ago, and it is what we want to contribute to for the next 50 years.”

The Programme for the Annual Meeting will prioritize six key areas:

• Ecology: How to mobilize businesses to respond to the risks of climate change and ensure that measures to protect biodiversity reach forest floors and ocean beds.

• Economy: How to remove the long-term debt burden. And how to keep the economy working at a pace that allows higher inclusion.

• Technology: How to create a global consensus on deployment of Fourth Industrial Revolution technologies and avoid a ‘technology war.’

• Society: How to reskill and upskill, a billion people in the next decade.

• Geopolitics: How the ‘spirit of Davos’ can create bridges to resolve conflicts in global hotspots. Informal meetings to set kickstart conciliation.

• Industry: How to help businesses create the models necessary to drive enterprise in the Fourth Industrial Revolution. And how to navigate an enterprise in a world influenced by politics, driven by exponential technological changes, and increasing expectations from all stakeholders.

The Forum’s first Meeting in 1971 was established to further the idea put forward by Professor Klaus Schwab that business should serve all stakeholders - customers, employees, communities, as well as shareholders.

According to WEF, the 2020 Annual Meeting will be among the “most sustainable international summits ever held.”

“Awarded the IS0 20121 standard for sustainable events in 2018, the Annual Meeting is fully carbon neutral through reducing, calculating and offsetting event-related emissions”, WEF stated.

Meanwhile, Muriel Pénicaud, Minister of Labour of France, and Mark Schneider, Chief Executive Officer of Nestlé, Switzerland, will join the Board of Trustees of the World Economic Forum.

“The World Economic Forum, as the International Organization for Public-Private Cooperation, is delighted to welcome Muriel Pénicaud and Mark Schneider to its Board of Trustees. We look forward to working together to deliver positive, transformative solutions to our most critical global, regional and industry challenges,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

As of 15 November 2019, the Members of the Board of Trustees of the World Economic Forum are:

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Edited & Posted by the Editor | 4:24 AM | Link to this Post

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