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 […]

Companies that put employees first perform better

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Brian Tomlinson, Research Director, Strategic Investor Initiative, CECP & Alison Omens, Managing director, programs and strategic engagement, Just Capital One clear takeaway from the last decade – following the 2008 financial crisis – is this: when corporate behaviour […]

Businesses, governments and consumers to implement a more climate-friendly approach to #BeatPlasticPollution on World Environment Day 2018

Everyone addressed plastic pollution yesterday celebrating the UN World Environment Day which this year is hosted in New Delhi, India. The global campaign of the U.N. to create awareness and urge companies, NGO’s, communities and governments to tackle this heavy burden was highlighted on June 5 with the launch of a report from UN Environment. […]

Tusk fights back while charismatic Boris goes against everybody in Brussels pushing the UK to leave the EU now or never

Last week Boris Johnson likened the EU to Adolf Hitler’s plans regarding the Old Continent’s domination. The politician favoring the “Leave” campaign clearly stated that the Brussels bureaucrats are using different kind of methods to unite Europe into a single state. Those statements led to Donald Tusk’s intervention who characterized the former London mayor’s sayings […]