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January 14, 2020

The World Economic Forum Annual Meeting 2020 will convene under the theme, Stakeholders for a Cohesive and Sustainable World.

World Economic Forum

Photo: Impressions from the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Manuel Lopez. [File Photo]

World Economic Forum

Photo: Bhairavi Jani, Executive Director, SCA Group of Companies, India; Young Global Leader, speaking during the Session “Future Frontiers of Global Value Chains” in “Situation Room” at the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Greg Beadle. [File Photo]

World Economic Forum

Photo: A Participants during the Session “What Should Globalization 4.0 Look Like?” in “Ideas Lab” at the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Greg Beadle. [File Photo]

World Economic Forum

Photo: Sarah Kelly, Anchor-at-Large, Deutsche Welle, USA, captured during the Session “A ‘Fourth Social Revolution’?” at the Annual Meeting 2019 of the World Economic Forum in Davos Congress Centre. Image provided by & Copyright © World Economic Forum / Sikarin Fon Thanachaiary. [File Photo]

Geneva, Switzerland, 14 January 2020 - The World Economic Forum Annual Meeting 2020, taking place on 21-24 January in Davos-Klosters, Switzerland, will focus on establishing stakeholder capitalism as a way of addressing the world’s most significant challenges. These challenges include societal divisions created by income inequality and political polarization to the climate crisis we face today.

Underpinning the meeting will be the Davos Manifesto 2020. This document builds on the original Davos Manifesto of 1973, which set out for the first time the stakeholder concept that businesses should serve the interests of all society rather than merely their shareholders. The Davos Manifesto 2020 provides a vision for stakeholder capitalism that touches on a range of essential issues of our time, including fair taxation, zero tolerance for corruption, executive pay, and respect for human rights.

“Business has now to fully embrace stakeholder capitalism, which means not only maximizing profits but use their capabilities and resources in cooperation with governments and civil society to address the critical issues of this decade. They have to contribute to a more cohesive and sustainable world actively,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

Building on the Manifesto 2020, this year’s program focuses on achieving maximum impact on the Forum’s platform for public-private cooperation across six core areas of activity: Ecology, Economy, Society, Industry, Technology, and Geopolitics. More than 160 individual initiatives, each capable of delivering system-wide transformation, are active on the Forum platform. Significant advances in a number of these, especially in the fields of responsible business, the environment, and social mobility, are expected to be confirmed during the meeting.

Among the initiatives to be launched at the Annual Meeting is one that aims to plant 1 trillion trees over the next decade and to equip 1 billion people with the necessary skills in the age of the Fourth Industrial Revolution.

Nearly 3,000 leaders will participate in this year’s Annual Meeting. Top political leaders taking part include:

Leaders from international organizations include:

More than 1,680 leaders from the private sector will participate in the Annual Meeting this year, including Members and Partners of the World Economic Forum.

Leaders from civil society taking part in the meeting include:

Adding a new dimension this year is the Arts and Culture Festival. Running alongside the Annual Meeting, the Festival will feature several sessions and immersive art installations, including those featuring the participation of the winners of the 26th Annual Crystal Awards and WEF Cultural Leaders.

|GlobalGiants.Com|

Editor's Opinion

The world appreciates World Economic Forum’s unique heroic profession of improving the state of the world and commends its 2020 Annual Meeting’s theme “Stakeholders for a Cohesive and Sustainable World.”

The world trusts that all companies would read and acknowledge the “Davos Manifesto 2020”, which sets forth “The Universal Purpose of a Company in the Fourth Industrial Revolution”.

The world expects that the World Economic Forum 2020 Annual Meeting would set the ball rolling by extensively publicizing forceful recommendations that are balanced, universally acceptable, strategic, holistic, achievable, operational, and friendly.


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Edited & Posted by Chief Editor | 7:08 PM | Link to this Post


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