Business Leaders Call to Include Social Goals in Corporate Decisions
Davos-Klosters, Switzerland, 26 January 2013 – Businesses must include social goals in their mission and incentives, or they will eventually collapse and humanity will not meet its challenges for the next century, business and civil society leaders said today at the 43rd World Economic Forum Annual Meeting in Davos, Switzerland."Businesses have more power and money than ever before. They can destroy large parts of the planet. If your impact is high, your responsibility is high," said Feike Sijbesma, Chief Executive Officer and Chairman of the Managing Board, Royal DSM, Netherlands. Sijbesma said that governments cannot solve world problems such as climate change, resource scarcity and food shortages on their own, so companies must step in.
For the full release and supporting information, please visit:
- Businesses' increased power means increased responsibility to solve global problems
- Companies that focus only on short-term profit will not survive
- Governments should create incentives for businesses to shift focus
- The theme of the 43rd World Economic Forum Annual Meeting is Resilient Dynamism. For more information, visit http://wef.ch/Davos