3 ways business can take action in the fight against climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bob Moritz, Global Chairman, PwC, Antonia Gawel, Head, Climate; Deputy Head, Centre for Nature & Climate Member of the Executive Committee, World Economic Forum As the impacts of climate change hit harder, a new realism is dawning about […]

To the G20: It’s time for universal connectivity and to digitalize small enterprises

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Börje Ekholm, President and Chief Executive Officer, Ericsson Just as electrification transformed the world in the 20th century, digitalization is shaping the 21st century. It is a global engine of sustainable economic growth, a lever to fight climate […]

Corporate geopolitics: How boards navigate a complex and volatile world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Braz Baracuhy, Diplomat, Ministry of Foreign Affairs of Brazil In 1947, after victory in the Second World War, the United States consolidated its position as a global power. It was now bound to shape a new international order […]

International Day of Sign Languages: how business can make a difference

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Elisabeth Pipic, Specialist, Diversity, Equity, Inclusion and Social Justice, World Economic Forum According to the World Health Organization, more than 1.5 billion people (nearly 20% of the global population) currently live with hearing loss and 430 million of […]

How public and private leaders can build a social economy by working with impactful businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Schmid, Chief sustainability officer, SAP SE, François Bonnici, Director, Schwab Foundation for Social Entrepreneurship; Head, Social Innovation, World Economic Forum, Marcos Neto, Director Sustainable Finance Hub, UNDP & Cheryl L. Dorsey, President, Echoing Green Social innovators have […]

ESG – how can we measure how ‘good’ companies are?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robin Pomeroy, Podcast Editor, World Economic Forum ESG stands for ‘environmental, social and governance’ issues. Investors are increasingly putting money into companies that claim good ESG performance. But how do we measure that? An expert explains on this […]

The European Commission has approved, under the EU Merger Regulation, the proposed merger between Cargotec and Konecranes. The approval is conditional on the divestiture of certain businesses.

This article is brought to you in association with the European Commission. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Cargotec and Konecranes are two global leaders of container and cargo handling equipment. Port terminal operators, logistics companies and a wide range of industrial players in Europe depend on this equipment to lift and […]

Businesses need clearer governance to get to net zero – CEO survey

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Peter Lacy, Global Sustainability Services Lead and Chief Responsibility Officer, Accenture, Sanda Ojiambo, Chief Executive Officer and Executive Director, United Nations Global Compact The latest United Nations Global Compact-Accenture CEO Study charts a mixed picture of progress and […]

‘Businesses are more trusted than governments’. Here’s how the private sector is stepping up

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gayle Markovitz, Partnerships Editor, World Economic Forum The Edelman Trust Barometer 2022 reveals that businesses and NGOs are more trusted than governments and that most workers expect CEOs to be the “face of change”. Heads of state, business […]

This is how businesses are driving digital inclusion and closing the skills gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kayleigh Bateman, Senior Writer, Formative Content “Insufficient internal skills” is a problem for employers trying to find digital expertise. A report by BT – a British multinational telecommunications company – has found that the skills gap in the […]

Commission makes software available to all to benefit businesses, innovators and areas of public interest

This article is brought to you in association with the European Commission. Today, the Commission has adopted new rules on Open Source Software that will enable its software solutions to be publicly accessible whenever there are potential benefits for citizens, companies or other public services. The recent Commission study on the impact of Open Source Software […]

Indonesia’s SMEs hold the key to growth. How can they scale up?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Arip Tirta President, Evermos, Prasanti W. Sarli Head of Social Impact, Evermos Indonesia’s small businesses will be an essential driver of the country’s future development. Currently most are micro-enterprises – there is an urgent need to understand how […]

The elephant and the mouse: how corporate giants can avoid trampling on their stakeholders

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silja Baller, Insights Lead, Frontier Insights, World Economic Forum • Business is increasingly keen to be seen to be doing due diligence on ESG. • The ‘affected stakeholder’ concept is a key way of identifying those most impacted […]

Deal reached on EU fund to help regions and businesses adapt to Brexit

This article is brought to you in association with the European Parliament. EU legislators reached an agreement on Thursday on the 5 billion euro Brexit Adjustment Reserve, paving the way for a first payment by December. With a budget of 5 billion euro (in 2018 prices – 5.4 billion euro in current prices), the Brexit Adjustment […]

New EU copyright rules that will benefit creators, businesses and consumers start to apply

This article is brought to you in association with the European Commission. This Monday 7 June marks the deadline for Member States to transpose the new EU copyright rules into national law. The new Copyright Directive protects creativity in the digital age, bringing concrete benefits to citizens, the creative sectors, the press, researchers, educators and cultural heritage […]

Home-office, HQ, hybrid or work-from-anywhere? This is what businesses are planning

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gayle Markovitz, Editor, World Economic Forum As vaccination programmes are rolled out, businesses are starting to redefine the future for their office workers. Experiences of remote work diverge depending on personal situations – such as space, childcare responsibilities, […]

This start-up has developed a way for businesses to quickly compost food waste

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Composting food waste into fertilizer can take up to two years. But now a Malaysian start-up has cut that time to just 24 hours. It’s created an odourless way to tackle food […]

3 actions for business to prepare for a post-pandemic future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andy Baldwin, Global Managing Partner, Client Service, EY Government-sponsored economic activity is likely to remain. COVID has not lessened the urgency to act on climate change. Businesses are now shifting focus to drive growth. The ambitious vaccine rollout […]

MEPs: Companies must no longer cause harm to people and planet with impunity

This article is brought to you in association with the European Parliament. Parliament paves the way for a new EU law that requires companies to address human rights and environmental standards within their value chains. The legislative initiative report (adopted on Wednesday by 504 votes in favour, 79 against and 112 abstention) calls for the urgent […]

How businesses can help solve society’s workforce problems

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bhushan Sethi, Joint Global Leader, People and Organisation, PricewaterhouseCoopers US COVID-19 has presented major challenges for organizations: adapting workplaces, supporting remote workers, furlough schemes and redundancies. Society must work collaboratively to build sustainable work solutions for a future […]

How 2020 taught businesses to place empathy before profit

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Inam ur Rahman, Chief Executive Officer, Dawood Hercules The pandemic has made organizations realize they must better understand employees’ experiences and needs. Emotionally intelligent leaders connect naturally with their workforce. Spaces created for connection with employees can transform […]

Why COVID-19 is a litmus test for corporate attitudes to sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Maxim Remchukov, Director, Sustainable Development, Sibur & Denis Rozhok, Head of Treasury, Sibur ESG is growing in importance for businesses and stakeholders everywhere. The pandemic is helping increase awareness that companies must focus on long-term sustainability over short-term […]

Businesses have a role to play in building vaccine trust. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richard Edelman, President, Edelman & Julie Louise Gerberding, Executive Vice President & Chief Patient Officer, MSD Vaccine hesitancy poses a major threat to recovery from the COVID-19 pandemic. Building and sustaining public trust and confidence in immunization systems […]

Doing the right thing at the worst time: this is why protecting human rights protects businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Enrique Lores, President and Chief Executive Officer, HP Businesses need to take real action on racial justice here in America and stand up for human rights across the world. An ethical, sustainable, and resilient supply chain protects businesses […]

Empathy and human connection: how businesses can respond to COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author:  Scott Frisch, Chief Operating Officer, AARP The COVID-19 pandemic has forced businesses to adapt quickly to ensure operational continuity and employee safety; Employers must take the personal impact of the pandemic on employees into consideration as they support […]

This is the human impact of COVID-19 – and how business can help

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Scott, Head of Sustainability Risk, Zurich Insurance Group As business close to help prevent transmission of COVID-19, financial concerns and job losses are one of the first human impacts of the virus; Not knowing how this pandemic […]

The hidden risks nature loss poses for businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Celine Herweijer, Global Leader, Innovation and Sustainability, PwC & Samra Mariam, Manager, Sustainability and Climate Change, PwC & Will Evison, Director, Sustainability and Climate Change, PwC Nature loss is still a hidden risk for many businesses. This must […]

Businesses are thriving, societies are not. Time for urgent change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Orit Gadiesh, Chairman, Bain & Company Inc. & Andrew Schwedel, Co-Chair, Bain Futures Businesses must urgently change to support the societies they operate in. Climate change and economic unfairness are among 6 flashpoints for companies. Globalization has lifted […]

How businesses can create an ethical culture in the age of tech

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ann Skeet, Director of Leadership Ethics, Santa Clara University Even companies with good intentions sometimes fail on ethics. Proper systems can help address the gap. Setting the right tone at the top is crucial. According to the Oxford […]

Here’s how businesses can make the circular economy a reality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Half of all existing plastic was manufactured in the last 13 years. Less than 10% of all plastic has been recycled. Corporations like Dell, PepsiCo, British Telecom and Majid Al […]

4 ways to build businesses that work for good, right now

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: April Rinne, Founder and Principal, April Worldwide Breaking news from the CEO Roundtable this fall sent a combination of shockwaves, enthusiasm and relief throughout the business world. As the headlines proudly proclaimed, 181 CEOs of the world’s largest corporations […]

Climate change brings a host of other risks for businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Scott, Head of Sustainability Risk, Zurich Insurance Group It may be somewhat surprising at first glance that environmental factors do not feature among the top 10 risks named in the World Economic Forum’s 2019 Regional Risks for Doing […]

5 ways CEOs can renew their businesses for the digital age

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Torrance, Managing Director, FoundersLane As they are catapulted into the digital era, many businesses are crash-landing in a world they no longer recognize. At their helms are CEOs who have navigated choppy waters for decades and taken […]