Better Business: What are the challenges in making business more sustainable?

  • Date: 20-Sep-2020
  • Source: World Economic Forum
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

Better Business: What are the challenges in making business more sustainable?

COVID-19 makes the principles of stakeholder capitalism even more important.

Businesses and investors have made substantial and relevant changes to how they finance and fund new initiatives and report on sustainability initiatives.

The Great Reset provides an opportunity for businesses to build on progress on sustainability and inclusion.



At the World Economic Forum's Annual Meeting in Davos in January, the Forum launched a new "Davos Manifesto“ in support of stakeholder capitalism, which says 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 competitive level playing field,“ as Founder and Executive Chairman Klaus Schwab explained.

Little could we have known just how relevant this new manifesto would be for the year ahead.

In the midst