world economic forum Annual Report 2008

World
Economic
Forum
Annual Report
2007-2008

www.weforum.org

www.weforum.org Introduction
Annual Report 2007-2008 World Economic Forum

0
Contents
Executive Chairman’s Statement 02
Managing Board Statement 06
Our communities – working with 08
our members and partners

The World Economic Forum is an independent
Engaging our communities 12
and our constituencies

international organization committed to
Shaping the global agenda 16

improving the state of the world by engaging
Facilitating international
private-public partnerships 22 Foundation Board Members
Josef Ackermann, Kurt Alig, Kofi Annan, Tony Blair,

leaders in partnerships to shape global,
Shaping the regional agenda 24
Peter Brabeck-Letmathe, Victor L. L. Chu, Michael
Shaping the industry agenda 26 S. Dell, Niall FitzGerald, Orit Gadiesh, Carlos

regional and industry agendas.
Ghosn, Rajat K. Gupta, Susan Hockfield, Christine
Collective intelligence 28
Lagarde, Maurice Lévy, Nandan M. Nilekani, Ivan
Our organization 32 Pictet, H.M. Queen Rania of the Hashemite
Kingdom of Jordan, Joseph P. Schoendort, Klaus
The Forum community 34
Schwab, Peter D. Sutherland, Heizo Takenaka,
Our financial results 36 Ernesto Zedillo Ponce de Leon
World Economic Forum USA 38
For more information about the Foundation Board
Our mission and values 40 visit page 32 or www.weforum.org/foundationboard

Entrance of the Congress Centre in Davos during the Annual Meeting 2008

www.weforum.org
Executive Chairman’s Statement Executive Chairman’s Statement
World Economic Forum Annual Report 2007-2008 Annual Report 2007-2008 World Economic Forum

02 03

Executive Chairman’s Statement
2007-2008 was again a very successful year, maybe In pursuit of our mission to improve the state
our most successful ever. We delivered on our of the world, the Forum continues to work very
promises to our partners, members and constituents, closely with governments around the globe. This
Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum we expanded well into Asia, and we played a catalytic partnership was again demonstrated at our events
role in many global developments. In our initiatives, by such distinguished participants as US President

In today’s increasingly interconnected and
in our communities and in our own organizational George W. Bush, British Prime Minister Gordon
design, we were more innovative than ever before. Brown, Mexican President Felipe Calderón.
However, while I am proud, I am not fully satisfied. Japanese Prime Minister Yasuo Fukuda, Russian

complex world, no single leader, nation or President Dmitry Medvedev and Chinese Premier
The 34% increase in the number of Strategic
Wen Jiabao.
Partners, 37% increase in the number of Industry

organization has the solution to the crucial
Partnerships, as well as nearly 20% growth in The World Economic Forum has the ambition
revenues, are powerful demonstrations of the trust to be always ahead of its time. This year we
our communities install in us. But what pleased me laid the foundations for two new major creative

issues that face us all. Climate change, terrorism, the most was the superb degree of engagement of breakthroughs, WELCOM (World Economic Leaders
our Strategic Partners and Industry Partners in our Community) and the Global Agenda Councils (GACs).

or water scarcity, all require a coordinated
different initiatives, and their demonstrated
WELCOM is a powerful new online communication
commitment to our mission to improve the state of
and collaboration space designed specifically for
the world. It is this engagement and commitment

approach, one in which different stakeholders
the world’s top decision-makers. It will be rolled
which makes the Forum so effective and so powerful.

1,000
out throughout next year, providing global leaders
This report will enumerate many activities which
with an unprecedented opportunity of continuous,
demonstrate the sense of true corporate global

collaborate across geographical, industrial, instantaneous interaction. Making WELCOM
citizenship. A great achievement in this sense
over
possible is the result of a close partnership
was working together with over 100 CEOs, many
between the world’s top technology leaders

political and cultural boundaries.
governments and the most relevant research
and the World Economic Forum.
organizations to submit to the G8 on the occasion
of the world’s greatest minds have already
of its summit in Hokkaido the most comprehensive It is not sufficient to strengthen interaction among
been recruited to serve on our Global
action plan to reduce carbon emissions based on our communities through a combination of face-to-
Agenda Councils, to address today’s
government-business cooperation. face and virtual contacts. This interaction should
most pressing issues.
be based on the best strategic insights and should
In 2007-2008, we broadened our engagement with
always be forward looking. For this reason, we
the establishment of our Community of Global Growth
Professor Klaus Schwab at the Annual Meeting 2008 built on our knowledge of global expertise and
Companies. These fast-growing businesses, many
with the help of the world’s leading universities we
based in emerging economies, are set to be leading
established a network of Global Agenda Councils
multinationals within a decade. The first Annual
(GACs) which constitute now over 1,000 members,
Meeting of the New Champions − or “Summer
the world’s foremost integrated collective
Davos” − in Dalian, People’s Republic of China,
intelligence system.
brought together our first GGC members, along
with Technology Pioneers, Young Global Leaders In November 2008, the Councils will gather in
and the leaders of fast-growing regions and cities. Dubai for the first Summit on the Global Agenda.
Participants will identify the most pressing and
prevailing global challenges and consider long-term
solutions in a systematic and collaborative manner.
Their conclusions will feed into the programme of
the World Economic Forum Annual Meeting 2009
and, indeed, all of the Forum’s work.
These two major breakthroughs (WELCOM and
Global Agenda Councils) will allow us not only to
improve our traditional activities but also to develop
completely new services for our partners, members
and constituents. The next year, 2008-2009, will
allow us to show our communities the benefits
of all those efforts.

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Executive Chairman’s Statement Executive Chairman’s Statement

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Nevertheless I am not satisfied, nor are my We have developed the tools, processes and To allow us to focus on global excellence, we have
colleagues. Why? the expertise to create public-private partnerships decided to cap the number of our Strategic Partners
and to be a catalyst in shaping global, regional at 100 of the world’s most reputed companies, as
The world, politically, economically and socially is
and industry agendas. we have already limited the number of our Foundation
struggling to cope with the growing complexity of
Members to 1,000 of the foremost global companies.
globalization. As we know from our own work with We have developed internally the capabilities and
the Global Risk Report, there are many challenges capacities with 300 highly motivated staff in three We will be even more rigorous in undertaking

“We will only be satisfied if we know we
which we have to meet simultaneously. All these major strategic locations (Geneva, New York and initiatives – to ensure we are always at the front
challenges require an interdisciplinary, proactive Beijing). We have introduced more robust, innovative end of global concerns. We will build our future on

are making a unique contribution to improve
and, above all, multistakeholder approach. The time internal processes and appointed a new human our specific strengths: an uninterrupted success
has gone when governments alone were in charge resources director and a new chief financial officer. story of 38 years, but above all, institutional values

the global governance system, demonstrating
of managing our global affairs, securing through the We substantially reinforced the Managing Board, based on complete impartiality and independence
appropriate multilateral systems and mechanisms welcoming Børge Brende, a former Norwegian with continuous and deep commitment to the

particularly the positive role business can
a stable, prosperous and peaceful world. Minister for both the Environment and Trade and mission “Improving the State of the World”,
Industry. Also joining us in August 2008 is Robert intellectual integrity, proven positive impact,
Since its beginning in 1971, the Forum was based
play in it.”
Greenhill, former President of the Canadian transparency and representativity.
on and driven by the stakeholder concept: the need
International Development Agency (CIDA), and
of business not only to serve its shareholders but Indeed, with the world changing so quickly, we never
President and Chief Operating Officer of the Professor Klaus Schwab
also its stakeholders − all whose future depends will or should be fully satisfied as there will always
International Group of Bombardier Inc. To work
directly or even indirectly on business decisions. be a lot to do for the unique multistakeholder
together with such committed, enthusiastic and
Today business itself has become a stakeholder organization that is the World Economic Forum.
service-oriented colleagues from over 55 countries
of global affairs – together with governments and
is stimulating for all of us. This continual strengthening
other partners. I have defined this new dimension
of our institution underlines our commitment to global
for responsible business – or “creative capitalism”
excellence in both what we do and how we do it.
as our member Bill Gates called it in Davos this
year – as Corporate Global Citizenship. We will only be satisfied if we know we are making a
unique contribution to improve the global governance
What we have done during the past years, particularly
system, demonstrating particularly the positive
in 2007-2008, was to build all the fundamentals to
role business can play in it. To do so we have to
allow the Forum to become the foremost global
strengthen the relevance of everything we are doing Professor Klaus Schwab
multistakeholder organization. We have all the
and we have to intensify the collaboration within our Founder and Executive Chairman
stakeholders in place, integrated as strong, selected
communities and between our communities.
and committed communities: business and also
governments, and our specific, highly representative,
highest level communities of NGO Leaders, Labour
Leaders, Thought Leaders (Global Agenda Councils),
Religious Leaders, Media Leaders, Young Global
Leaders and Social Entrepreneurs.
Professor Klaus Schwab welcoming newcomers at the Annual Meeting 2008

Professor Klaus Schwab and Felipe Calderón,
Presentation of Crystal Award to Emma Thompson, Annual Meeting 2008 Professor Klaus Schwab and Yasuo Fukuda, Annual Meeting 2008 World Economic Forum on Latin America 2008

www.weforum.org
Managing Board Statement Managing Board Statement

06 07

Managing Board Statement Regional Agenda Industry Agenda
The Forum’s Global Risk Network provided a
timely analysis of the threats to the world economy
In March, the Forum helped improve In February, we furthered our Partnering Against
with its Global Risks Report in January 2008.
understanding of the tensions between the Corruption Initiative (PACI), with the first survey
The report focused on four issues where multiple

As a Managing Board, our efforts are aligned Islamic world and Western nations with a of signatory companies. This showed that more
risks converge: systemic financial risk, food
groundbreaking publication, Islam and the than 90% now have formal anti-corruption
security, supply chains and the role of energy.

fully with the Forum’s mission of improving
programmes, one-in-four of which have been
West: Annual Report on the State of Dialogue.
For more information see
verified by an external third party. Almost 140
www.weforum.org/en/initiatives/globalrisk
companies with combined revenues in excess

the state of the world by engaging leaders
www.weforum.org/pdf/c100/islam_west
of US$ 800 billion have now signed up to PACI.
The Forum’s Global Health Initiative continued
The SlimCity initiative was launched at the Annual
to drive private-public health partnerships. Its
Meeting 2008 and brings together administrators
from public and private sectors in partnership
new report, Business Coalitions Tackling AIDS:
www.weforum.org/en/initiatives/paci
from some of the world’s leading cities and the
A Worldwide Review – developed with UNAIDS,
private sector to explore ways to use resources The Forum’s Investors Industry group published
the World Bank and GTZ – demonstrates how

and dialogue. In 2007-2008, as the following more efficiently. The Global Economic Impact of Private Equity
business coalitions are helping thousands of
in January 2008. This examined thousands of
companies tackle AIDS in the workplace.
Building on The Gulf Cooperation Council
transactions involving private equity over almost

highlights show, we achieved significant
(GCC) Countries and the World: Scenarios to
four decades and provided a valuable analysis
2025 report from 2007, the Forum explored
www.weforum.org/en/initiatives/globalhealth
of the sector’s impact on employment levels
possible futures for the Kingdom of Saudi Arabia,

successes around our three primary agendas.
and corporate governance.
he Business Alliance Against Chronic Hunger
T
the Kingdom of Bahrain and the United Arab
(BAACH) was initiated by Forum member
Emirates in detailed scenario planning reports. For more information see
companies and partners to develop sustainable,
The reports indicate how each nation might www.weforum.org/en/about/
scalable business-led solutions to poverty and
look in 2025 under three distinct scenarios. centreforglobalindustries
hunger. The initiative works on three levels: it
For more information see The Forum’s Working Towards Wellness initiative
builds networks of global and regional leaders
www.weforum.org/en/initiatives/scenarios/ partnered with the World Health Organization to
to galvanize public-private collaboration to
Global Agenda In January, the Forum and the United Nations
gccscenarios help fight conditions such as diabetes, obesity and
address hunger and food security; it defines
announced a new framework to guide private
heart disease, which claim more than 30 million
practical business models to reduce hunger
The Forum helped business shape the climate sector aid after natural disasters. Agreed under The Global Education Alliance, part of the
lives each year. The initiative focused on improving
and poverty worldwide; and it catalyses action
change discussions at the 2008 G8 Summit in our Humanitarian Relief Initiative, the 10 Guiding Forum’s Global Education Initiative, started
health through workplace programmes on diet
on the ground in Africa. The Alliance has
Japan, via its industry leader-led Gleneagles Principles will help companies deliver assistance working towards delivering universal primary
and exercise. Discussions in Africa, China and India
focused initial action work in Kenya, where a
Dialogue Initiative. The dialogue’s detailed in the most effective way. education in the Republic of Rwanda. This
among experts from around the world led to a joint
group of 30 companies and organizations are
climate change recommendations were brings private sector partners such as Cisco, Intel
For more information see report Preventing Noncommunicable Diseases in
leading 14 pilot initiatives in Kenya’s poorest
presented personally to Yasuo Fukada, and Microsoft into cooperation with governments
www.weforum.org/en/initiatives/drn the Workplace through Diet and Physical Activity,
district, Siaya, during 2008.
Japanese Prime Minister and G8 host, by Forum in the Fast Track Initiative, which is a global
in May 2008.
Executive Chairman, Klaus Schwab. Fukada In September 2007, the Forum’s first Annual partnership working to meet the education
had used the Annual Meeting 2008 to launch Meeting of the New Champions in Dalian, Millennium Development Goals. For more information see
www.weforum.org/en/initiatives/hunger
the Cool Earth Partnership, a US$ 10 billion People’s Republic of China, illuminated a fresh www.weforum.org/en/initiatives/wellness
fund to support developing nations to combat agenda for change. It brought together the
www.weforum.org/en/initiatives/gei A new roadmap showing how businesses can
global warming. world’s fastest-growing businesses, those
work with public bodies to improve the environment
developing the technology that will transform
For more information see for sustainable growth was launched at the Annual
tomorrow, and many of the world’s most
www.weforum.org/climate Meeting 2008. Partnering to Strengthen Public
promising Young Global Leaders.
Governance, supported by the CEOs and chairmen
For more information see of 14 corporations, is the latest strand of the
www.weforum.org/en/events/ Forum’s Global Corporate Citizenship initiative.
annualmeetingofthenewchampions
www.weforum.org/documents/pr/gcci _
report_20080111.pdf
Zeng Peiyan, Vice-Premier of the People’s Theodore Cardinal McCarrick Indra K. Nooyi, CEO, PepsiCo, at the Annual
Republic of China (2003-2008), at the Annual Meeting 2008 at the Annual Meeting 2008 Meeting 2008

Mahdi Hadavi, Theodore Cardinal McCarrick,
Abdullah Ahmad Badawi, Tony Blair and
World Economic Forum on David A. Harris at the “Faith and Modernization”
the Middle East 2008 Annual Meeting 2008 session at the Annual Meeting 2008

www.weforum.org
Our communities – working with our partners and members Our communities – working with our partners and members

0 0

Our communities – working
The World Economic Forum provides a unique and communities. They help shape our initiatives,
platform for business to engage as a key global projects and task forces and give intellectual guidance
stakeholder. Private sector organizations are involved throughout the participation of their most senior

with our members and partners in the Forum at varying levels of engagement. executives on steering boards and advisory groups.
This year, the number of Strategic Partners grew
Members

At the Forum’s core are its Members and
34% to a record 95. The 24 new Strategic Partners

“In 2007-2008 the Our 1,000 member companies represent the represent not only the addition of recognized world
foremost global companies committed to improving leaders, but also an increased commitment from

Partners. These communities grew strongly number of Strategic the state of the world. They are a tremendously and expanding industries like private equity and
increasingly diverse group, drawn from all industries geographies as diverse as Asia, the Middle East

Partners increased and all regions of the world. They are at the heart and Russia.

this year, enabling us to accelerate work on of all our activities and provide invaluable support
Given the special nature of the Strategic Partnership
from 71 to 95 to our mission.
relationship we have decided to cap the number of

existing industry and global agendas and This year we welcomed 100 top companies, drawn Strategic Partners at 100, as we have already limited
companies – a rise from over 18 industries, including over one quarter the number of Foundation members to 1,000 of the

to embark on initiatives in new sectors.
from emerging economies. world’s foremost companies.
of over one third.” Industry Partners Global Growth Companies
Many of our members elect to become more deeply Last year, the Forum launched a new community
involved in the Forum’s activities and initiatives through of Global Growth Companies to complement our
our Industry Partnership Programme. These Industry existing membership base. These GGC companies
Partners are actively involved in the Forum’s activities, have the potential to become leaders in the global
including industry-specific issues, cross-industry economy within the next five years. GGCs take an
efforts and globally relevant strategic challenges. active role in the Forum’s regional meetings, using
the opportunity to share best practices and meet
Now in its third year, the number of Industry
with global political and business leaders. Members
Partnerships grew by 37% to 269, spread across
of the Community also hosted several information
18 industries. These companies contributed to
gatherings around the world, further strengthening
over 25 active initiatives, as outlined in “Shaping
community ties.
the Industry Agenda” (page 27).
Annual Meeting 2008
Since its inception last year, more than 200
Strategic Partners companies from more than 40 countries have
joined the Forum’s Community of Global Growth
Our Strategic Partners represent some of the
Companies (GCCs). The Inaugural Annual Meeting
world’s leading corporate citizens and are our
of the New Champions in September 2007 formally
most committed members, providing essential
launched the Community. Highlights included an
leadership in support of the Forum’s mission.
informal session with China’s Premier Wen Jiabao.
Our Strategic Partners are a key force in our activities

Inaugural Annual Meeting of the New Champions

Umaru Musa Yar’Adua, President
of Nigeria, at the Annual Meeting 2008

www.weforum.org
Our communities – working with our partners and members Our communities – working with our partners and members

0

New members Strategic Partners
Fortis* Pemex - Petroleos Mexicanos*
Fortress Investment LLC* ProLogis
100 new members joined the World Economic As of 30 June 2008, the following companies were
Gávea Investimentos Prudential Plc*
Forum this year, 35 of these also joined our Industry Strategic Partners of the World Economic Forum
GLG Partners LP* PSA Peugeot Citroën*
Partners Programme.
Grant Thornton International LLP* Quest Diagnostics Inc.
ABX Logistics Worldwide SA/NV* Greylock QVT Financial LP*
Access Industries Inc. Grupo Nacional Provincial SAB Rich Products Corp.
Aetna Inc. Grupo Televisa SAB* Rolls-Royce Plc*
AMB Property Corporation Haci Ömer Sabanci Holding AS Samba Financial Group (Samba)
Apollo Management LP* Harman International Industries Inc. Sasol Limited*
Ascension Health Highbridge Capital Management LLC* Sherpalo LLC
Assicurazioni Generali SpA Hitachi Ltd Sime Darby Bhd
Autodesk Inc.* Huawei Technologies Co. Ltd* Simon Property Group Inc.
Banco de Chile Iberdrola* SNCF (Société Nationale des Chemins de Fer)
Berggruen Holdings Inc. ICAP Plc SOHO China Limited
Best Buy Co. Inc.* Immofinanz AG Starwood Capital Group
Burger King Corporation* IMS - Health StratREAL (Strategic Real Estate Advisors Ltd)*
Campbell Soup Company* International Post Corporation (IPC) T. Rowe Price Group Inc.
Cinven* Jones Lang LaSalle Inc. Temasek Holdings (Pte) Ltd
COFCO Limited Julius Baer Holding Ltd The Pepsi Bottling Group
Cognizant Technology Solutions Kamaz Inc. Third Avenue Management LLC
Commerzbank AG Khazanah Nasional Berhad* Thomas H. Lee Partners LP
CPP Investment Board Khosla Ventures Towers Perrin
Creative Artists Agency Kohlberg Kravis Roberts and Co.* TVM Capital GmbH
Dangote Group Land O’Lakes Inc. United Industrial Corporation (OPK)*
DaVita Inc. Leighton Holdings Ltd* Vestas Wind Systems A/S*
Developers Diversified Realty Corporation Macy’s Inc.* Walton Street Capital L.L.C.
DLA Piper Massmart Holdings Ltd Wesizwe Platinum Ltd
DLF Ltd Mérieux Alliance Group Whitbread Group Plc
Duke University Medical Center and Health System* MetLife Inc. William Morris Agency Inc.
Ecolab Inc. Mzabi Group Wm Morrison Supermarket Plc
Enel SpA* Newmark Knight Frank*
For more information see www.weforum.org/en/
EQT Partners AB* Och-Ziff Capital Management Group*
about/members+and+partners
Eton Park Capital Management LLC OMX AB*
Evonik Industries AG* Orkla ASA *have also become Industry Partners
First Data Corporation Pacific Alliance Group

James Dimon, Chairman and CEO, JPMorgan Chase Co., David J. O’Reilly, Chairman and CEO, Chevron,
at the Annual Meeting 2008 at the Annual Meeting 2008

www.weforum.org
Engaging our communities and our constituencies Engaging our communities and our constituencies

2 3

Engaging our communities
Technology Pioneers The third Young Global Leaders Annual Summit
took place in Dalian, People’s Republic of China,
The Technology Pioneers programme recognizes
in September 2007. Discussions built on the work

and our constituencies
companies which are designing or developing
of the YGL task force on Future Mapping for the
technologies that have the potential to change
Global Agenda, which seeks to identify major
the way business or society works.
trends in health, education, the environment,

Our Members and Partners are supported and Technology Pioneer companies help the Forum global governance, development and poverty.
identify and address future-oriented issues on the
Other YGL task forces operate in the fields of
global agenda. In 2007-2008, 39 new companies

complemented by a number of other communities. education, global security, health and development.
were identified as Technology Pioneers by a panel
This year, other new initiatives included the Table
of global technology experts. The new intake brings
for Two initiative. This tackles obesity and life-style
the number identified since the programme’s 2000
related diseases in industrialized countries and
inception to more than 350.
hunger and malnutrition in developing countries.
Technology Pioneers actively participated at the The Diversity Initiative, meanwhile, will highlight the
Inaugural Annual Meeting of the New Champions, business case for a diverse workforce and create
in Dalian, People’s Republic of China, in September an information hub of case studies of best practice.
2007, with more than 30 participating in the Annual
2007-2008 marked the inaugural year of the Forum
Meeting 2008.
and Harvard’s Kennedy School of Government’s
For more information visit YGL Executive Education course. More than 110
www.weforum.org/techpioneers YGLs completed the 10-day module.
For more information visit
The Forum of Young Global Leaders
www.younggloballeaders.org
Young Global Leaders (YGLs) are a diverse and
dynamic community of the world’s most promising
leaders, all selected before they reach the age of 40.
In March 2008, the YGL nominations for 2008 were
announced, with the group of 245 individuals, from
65 countries, including 121 business leaders. The
Forum of Young Global Leaders now brings together
Linah Mohohlo, Governor of the Bank of Botswana, at the World Economic Forum on Africa 2008
more than 800 exceptional individuals from
business, government, public bodies, academia
and the arts.

Manouchehr Mottaki, Minister of Foreign
Affairs of the Islamic Republic of Iran,
Annual Meeting 2008 Young Global Leaders at a workshop session at the Annual Meeting 2008

www.weforum.org
Engaging our communities and our constituencies Engaging our communities and our constituencies

128
Women Leaders and Gender Schwab Foundation for Social
The programme remains committed to maximizing
Parity Programme Entrepreneurship
women’s participation at Forum events. Women’s
participation at the Annual Meeting has risen from
The Annual Meeting 2008 saw the first meeting of The Forum works closely with The Schwab
nations
8% in 2002 to 17% in 2008.
our Global Gender Parity Group. This community Foundation for Social Entrepreneurship to
of leaders was established by our Women Leaders highlight leading innovators who have combined
and Gender Parity Programme to address the business principles with a public purpose.
communities/women+leaders+gender+parity were assessed in our third Global Gender
gender gap. Its members are drawn from all Social entrepreneurs address the world’s
Gap report to capture the size of the sexual
sections of society and, fittingly, represent an The International Media Council most pressing problems with solutions that
divide in each country.
equal number of women and men. are sustainable, replicable and measurable.
The International Media Council (IMC) is a
In Davos, the group examined the challenges The Foundation searches for, and selects, world-class
community of 100 respected and influential media
and opportunities linked to gender gaps in the social innovators through its Social Entrepreneur of
figures, ranging from publishers and editors-in-chief
workplace, education, politics and health. They the Year competitions. In 2007-2008, the Foundation
to columnists and bloggers. It meets at the World
“I had the privilege to participate in the launch of
exchanged best practice and identified effective screened more than 1,300 applications to pick 27
Economic Forum Annual Meeting and, since 2007,
strategies to optimize the use of talent. The social entrepreneurs from around the globe. The
at the Annual Meeting of the New Champions.
the Global Gender Parity Group – a topic I feel
programme also launched Regional Gender chosen entrepreneurs are invited to the Annual
At the Inaugural Meeting of the New Champions
Parity Groups, committed to closing gender gaps Meeting and to Forum regional meetings.
has been neglected for too long – and to witness
in September 2007, the IMC’s agenda included an
in Latin America, the Middle East and Africa.
Initiatives this year included:
evaluation of opportunities for media companies

the commitment the Forum put behind it.”
In 2007-2008, the programme published its third in China with industry leaders from the media and
The instigation of more than 70 social
Global Gender Gap report. This captures the size entertainment sector.
entrepreneur/business partnerships
of the sexual divide in 128 countries across four
Orit Gadiesh, Chairman, Bain Company Inc
At the Annual Meeting 2008, the cornerstone of
areas: economic participation and opportunity, A social entrepreneur workspace session
the discussion was on the future and the value of
political empowerment, educational attainment, at the India Economic Summit
media. This included a regional perspective from
and health and survival.
The linking of social entrepreneurs with more
Latin America, with an exchange with Alvaro Uribe
than US$ 50 million of capital to help them grow
Velez, President of Colombia, exploring how the
their ventures
media influences the political process in his country.
A Social Entrepreneur Summit in January 2008
in Rüschlikon, Switzerland
communities/internationalmediacouncil
For more information visit www.schwabfound.org

William H. Gates III and Professor Klaus Schwab at the Annual Meeting 2008

Soud Ba’alawy, Executive Chairman,
Dubai Group WorkSpace session 2008

world economic forum Annual Report 2008

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