ESG | The Report

What is WEF IBC?

The World Economic Forum’s Annual Meeting of the New Champions, better known as WEF IBC, brings together top-level leaders from all over the world in order to discuss and examine global political and economic issues. For this event, the forum gathers leading figures from government, business and academia to address pressing global challenges in a variety of fields.

The World Economic Forum (WEF) is an independent international organization committed to improving lives through public-private cooperation. The annual meeting of its New Champions focuses on how emerging markets will shape our future. It examines what we need to do now so that we can deliver sustainable growth while also delivering prosperity for all around the globe through sustainable development goals.

Why is WEF IBC important?

WEF IBC is important because it brings together global leaders to address what we need to do now so that we can deliver sustainable growth and prosperity for all. The effects of climate change and social inequality are becoming increasingly apparent and this forum provides a platform for awareness, understanding and action.

What are the benefits of WEF IBC?

The benefits of the WEF IBC event are numerous, but largely it is a platform for awareness. Awareness of the issues is the initial step toward finding a solution. Perhaps more importantly, those who attend this forum have a unique opportunity to network and collaborate with their peers from all around the world.

What can you expect at WEF IBC?

Past conferences focussed on “Mastering the Fourth Industrial Revolution” which examined how technology is transforming our lives. Discussions among leaders addressed topics including the ethical issues surrounding artificial intelligence, blockchain technologies and robotics, as well as their role in today’s economy. The interactive exhibition area showcased technological innovations from all over the world which aim to tackle some of the challenges we face.

One of the main points of WEF IBC is to find ways to implement and bring these innovations and technologies to everyone on a global scale so that all may benefit from them.

What is stakeholder capitalism WEF?

Stakeholder capitalism WEF is the idea that businesses should operate not only for profit but also to benefit society. This means that they should also take into account how their actions affect the environment, their employees and consumers who buy their products.

What are stakeholder capitalism metrics?

Stakeholder capitalism metrics measure the benefits that a business has brought to its stakeholders. Evaluating these metrics can help businesses identify how they provide value and if this assists them in meeting their goals and objectives.

What is WEF IBC history?

The first Annual Meeting of New Champions (now known as WEF IBC) was held in Dalian, China back in 2007, with the aim to bring together leading figures from business, government and academia. Since then, WEF IBC has been held in China three times more, along with other locations such as America, Canada and Switzerland.

Who founded WEF IBC?

WEF IBC was founded by Klaus Schwab who is one of the founders of the WEF. He is also the person who came up with the idea of creating an event where global leaders from different sectors could meet. The WEF Annual Meeting of New Champions is now a large, important and significant event that continues to bring together leaders from all over the world every year.

You can’t improve what you don’t measure.

Free Verified Carbon Calculators.

Erase Your Carbon Footprint in less than 5 Minutes

Personal Carbon Footprint Calculator

Business Carbon Footprint Calculator

Who are the members of the World Economic Forum?

The members of the world economic forum include companies, individuals and organizations from all corners of the world. These stakeholders are private, non-profit or public sector entities that can be included in any one or more of its five membership categories which include, full members, observers, partners and supporting members.

In conclusion on the world economic forum

In conclusion we learned that the World Economic Forum brings together leaders from business, government and academic sectors to work on major issues. The event is large and significant as it engages a variety of stakeholders in finding ways to improve lives through public-private cooperation. It is a crucial platform for awareness, understanding and action by engaging leaders in networking and collaborating together.

You might also want to read…

What are SDGs Companies?

Caveats, disclaimers & the world economic forum ibc

We have covered many topics in this article and want to be clear that any reference to, or mention of , sustainable value creation on consistent reporting of the international business council, stakeholder capitalism vs mainstream reporting, some common metrics of sustainable development goals measuring stakeholder capitalism, environmental social and governance in mainstream annual reports or core metrics. Any statements pertaining to the world economic forum global or economic forum global sites including metrics and disclosures and financial markets in relation to social and governance esg are not advice, but merely information. Regarding kpmg international, we endorse a globally accepted solution on the un sustainable development goals but do not suggest that KPMG has anything to do, or not to do, with it. We endorse all of the relevant aspects long term value creation and comparable reporting that media members partners follow which includes the core set of principles, esg reporting and common esg metrics. Any reference to business partners, or a separate legal entity which use wef ibc common metrics around climate change are merely informational. Also any mention of value creation, reporting standards, dynamic materiality or forum global sites follow the world economic standards is purely for educational purposes. Reference to the partners follow the world agenda about media members or member firms, reporting, esg metrics, companies or governance in the context of this article is purely for informational purposes and not to be misconstrued with investment advice or personal opinion. Thank you for reading, we hope that you found this article useful in your quest to understand ESG.

Scroll to Top