Insurers grapple with transition to a greener world Net zero Last week, a coalition of thirteen of the UK’s major insurers vowed to cut their supply chain emissions as part of the Sustainable Markets Initiative’s (SMI’s) sustainable supply chain pledge. In signing the SMI pledge, the 13 insurers and brokers – including Axa, Phoenix, Lloyd’s, and Direct Line – vowed to work with their suppliers [...]
EC chief Von Der Leyen lashes out at Putin as she calls out ‘Russia’s blackmail’ on food and fuel Davos - latest Ursula von der Leyen, President of the European Commission, today denounced Russian aggression and its use of “hunger and grain to wield power”, in an address at the World Economic Forum in Davos. “Global cooperation is the antidote to Russia’s blackmail,” she said. Her message focused on strategic priorities for Europe since the invasion. Boosting military spending [...]
Watch: Davos boost for $18bn health fund that will fight pandemic setbacks and combat AIDS City A.M. TV A global health fund has raised a third of the $18bn it says is needed to reverse setbacks caused by the coronavirus pandemic and combat AIDS, malaria and tuberculosis, with the latest boost coming from funding announced at this year’s Davos meeting. Watch the video report.
World Economic Forum kicks off first Russian free Davos meeting since the fall of the Soviet Union May 22, 2022 The World Economic Forum (WEF) has refused to invite a single Russian to its annual conference in Davos this week, in what is set to be the first Davos conference without any Russians since the fall of the USSR. The WEF’s annual meeting – which is set to be the first in-person Davos conference since [...]
Liz Truss makes de-escalating trade disputes with US a top priority January 29, 2021 Trade minister Liz Truss has said she will make it her top priority to de-escalate trade disputes over steel and aircraft subsidies with the United States. Speaking at this year’s virtual Davos summit, Truss said countries must “resist protectionism”, and that there should not be tariffs between the UK, the EU and the US. “On [...]
World Economic Forum to be held in Singapore in May December 7, 2020 From Davos ski fields to Singapore: World Economic Forum now heads to Southeast Asian city-state
Davos: World Economic Forum summit in doubt for 2021 September 22, 2020 Doubts have been cast over whether the World Economic Forum summit will take place in 2021 amid reports organisers are looking beyond its traditional Davos venue for next year’s event. The annual conference, which brings together the world’s top business leaders and political figures, usually takes place in the mountain-top resort in January. Last month [...]
Davos 2021: World Economic Forum postponed due to coronavirus August 26, 2020 The World Economic Forum has said its 2021 meeting in Davos will be postponed due to the coronavirus pandemic. The annual conference, which brings together the world’s top political figures and business leaders, usually takes place in January. But organisers today said the jamboree will be pushed back to early next summer instead due to [...]
The ethical executive is coming to a boardroom near you February 3, 2020 We are undergoing a paradigm shift in our political, economic, and commercial worlds — and it’s truly stranger than fiction. Donald Trump, Brexit, Cambridge Analytica, the weaponisation of data, deep fakes, and artificial intelligence (AI) — phenomena that would have seemed inconceivable a decade ago are now our day-to-day reality. While some businesses are ahead of [...]
Has the business world found its purpose? Trust, but verify January 29, 2020 Last week’s Davos carnival was an orgy of virtue signalling. A group of senior executives flew in on private jets to talk about how to tackle climate change. Leaders of companies that have been highly active in lobbying for corporate tax breaks signed a letter calling for higher taxes on the rich if we are [...]