The World Economic Forum meets this year from 21 January to 24 January 2020 at Davos-Klosters, Switzerland.
The WEF was founded in 1970.
Klaus Schwab, Founder and Executive Chairman, World Economic Forum has written a new Davos Manifesto to coincide with the WEF's 50th anniversary:
"The World Economic Forum is releasing a new Davos Manifesto (the original was written in 1973), which states that companies should pay their fair share of taxes, show zero tolerance for corruption, uphold human rights throughout their global supply chains, and advocate for a level playing field."
https://www.weforum.org/agenda/2019/...al-revolution/
I'll quote just the first sentence of each paragraph.
Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution
A. The purpose of a company is to engage all its stakeholders in shared and sustained value creation.
i. A company serves its customers by providing a value proposition that best meets their needs.
ii. A company treats its people with dignity and respect.
iii. A company considers its suppliers as true partners in value creation.
iv. A company serves society at large through its activities, supports the communities in which it works, and pays its fair share of taxes.
v. A company provides its shareholders with a return on investment that takes into account the incurred entrepreneurial risks and the need for continuous innovation and sustained investments.
B. A company is more than an economic unit generating wealth.
C. A company that has a multinational scope of activities not only serves all those stakeholders who are directly engaged, but acts itself as a stakeholder – together with governments and civil society – of our global future.
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I thought we could use a thread to keep an ear out for news.
The WEF was founded in 1970.
Klaus Schwab, Founder and Executive Chairman, World Economic Forum has written a new Davos Manifesto to coincide with the WEF's 50th anniversary:
"The World Economic Forum is releasing a new Davos Manifesto (the original was written in 1973), which states that companies should pay their fair share of taxes, show zero tolerance for corruption, uphold human rights throughout their global supply chains, and advocate for a level playing field."
https://www.weforum.org/agenda/2019/...al-revolution/
I'll quote just the first sentence of each paragraph.
Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution
A. The purpose of a company is to engage all its stakeholders in shared and sustained value creation.
i. A company serves its customers by providing a value proposition that best meets their needs.
ii. A company treats its people with dignity and respect.
iii. A company considers its suppliers as true partners in value creation.
iv. A company serves society at large through its activities, supports the communities in which it works, and pays its fair share of taxes.
v. A company provides its shareholders with a return on investment that takes into account the incurred entrepreneurial risks and the need for continuous innovation and sustained investments.
B. A company is more than an economic unit generating wealth.
C. A company that has a multinational scope of activities not only serves all those stakeholders who are directly engaged, but acts itself as a stakeholder – together with governments and civil society – of our global future.
===
I thought we could use a thread to keep an ear out for news.
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