Industry Agenda Consumer Industries Governors Meeting · PDF file01-01-2017 ·...

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Industry Agenda Consumer Industries Governors Meeting 2017 March 2017 Davos-Klosters, Switzerland 17–20 January

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Industry Agenda

Consumer IndustriesGovernors Meeting 2017

March 2017

Davos-Klosters, Switzerland 17–20 January

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About the World Economic Forum Consumer Industries

The Consumer Industries community of the World Economic Forum comprises global chairs, chief executive officers and senior executives in the agriculture, food, beverage, retail, fast-moving consumer goods, fashion and luxury goods sectors who are engaged in addressing global challenges.

Steering Committee

The Steering Committee is comprised of a representative group of Consumer Governors and acts on behalf of the Consumer Industries community throughout the year, providing strategic guidance and direction to shape the future of the Consumer Industries. Co-chaired by Feike Sybesma, Royal DSM, and Devin Wenig, eBay, members include David MacLennan, Cargill; Doug McMillion, Walmart and Indra Nooyi, PepsiCo.

World Economic Forum ®2017 - All rights reserved.

No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.

Photos: Front cover – a-image/Shutterstock.com; all others – World Economic Forum

Contents

3 Message from the Co-Chairs of the Consumer Industries

4 Annual Meeting 2017: Responsive and Responsible Leadership

5 Consumer Governors Meeting

6 Bio-innovation in Agriculture and Food: Co-shaping a Vision Around Society’s Needs

7 Exploring Industry Transformation: The Future of Retail

8 System Initiatives

9 Shaping the Future of Consumption

10 Shaping the Future of Digital Economy and Society

11 Shaping the Future of Food Security and Agriculture

13 Shaping the Future of Environment and Natural Resource Security

13 Climate Change Solutions

14 Tropical Forest Alliance 2020

15 Global Water Initiative

15 New Vision for the Ocean

16 Circular Economy

17 Shaping the Future of Health and Healthcare

18 Shaping the Future of Production

19 Shaping the Future of Education, Gender and Work

21 Consumer Industries Governors

22 Industry Events in 2017 and 2018

23 Contact Information

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3Consumers Industries Governors Meeting 2017

Consumer Industries Partners

As of 1 January 2017:

Ahold Delhaize

Alibaba Group

Anheuser-Busch InBev

Aramark

Bayer

Bunge

Cargill

Carlsberg Group

COFRA Holding

DuPont

eBay

Ecolab

FEMSA

HEINEKEN

Henkel

International Flavors & Fragrances

Jeronimo Martins

Kirin Holdings

Koç Holding

Lawson

Lego

LIXIL Group

Louis Dreyfus

LVMH Moët Hennessy – Louis Vuitton

Majid Al Futtaim Holding

Monsanto

Nestlé

Nike

Orkla

PepsiCo

Procter & Gamble

REMA 1000

Royal DSM

Royal Philips

Sinar Mas Agribusiness & Food

Suntory Holdings

Swarovski

Syngenta International

Technogym

The Coca-Cola Company

Unilever

Visy Industries

Walmart

Wesfarmers

Wilmar International

Yara International

Dear Colleagues,

On behalf of the World Economic Forum and the Consumer Industries Steering Committee, we want to thank you for your participation in the 47th Annual Meeting in Davos–Klosters, and for your engagement in the Consumer Industries Governors Programme.

Convening under the theme Responsive and Responsible Leadership, we worked to strengthen global collaboration and explored the ongoing impact of the Fourth Industrial Revolution on our industry. To navigate forward effectively in the midst of global challenges and industry transformations, the Forum has activated 14 System Initiatives as the vehicles through which to drive transformative change. This report highlights the key outcomes of our discussions and the progress being delivered through the System Initiatives that are the main focus of the Consumer Industries, which include Shaping the Future of Food Security and Agriculture, and Shaping the Future of Environment and Natural Resource Security.

During our Consumer Industries Governors Programme, we witnessed how mandates from 2016 have resulted in rich, multistakeholder discussions on two initiatives: The Role of Bio-innovation in Agriculture and Food, and The Future of Retail. We will continue to work on these themes throughout 2017.

We are particularly pleased to share with you the outcomes of the first multistakeholder Stewardship Board meeting of the System Initiative on Shaping the Future of Consumption. To ensure we have the sharpest foresight into the future, this Initiative aims to address how technological disruption can drive enhanced models of consumption with sustainable benefits for business and society and, in turn, ensure successful transformation of our industry.

We look forward to working with you and your teams throughout 2017 to further shape the agenda and deliver impact to our community and to society.

We hope to see you at next year’s Annual Meeting, to be held on 23–26 January 2018.

Message from the Co-Chairs of the Consumer Industries

Feike Sybesma Chief Executive Officer and Chairman of the

Managing Board, Royal DSM

Devin Wenig President and Chief Executive Officer,

eBay

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Consumers Industries Governors Meeting 20174

Annual Meeting 2017: Responsive and Responsible Leadership

Convening under the theme Responsive and Responsible Leadership, participants in the World Economic Forum Annual Meeting 2017 focused on five critical challenges: strengthening global collaboration, revitalizing economic growth, reforming capitalism, preparing for the Fourth Industrial Revolution, and restoring a sense of shared identity. More than 3,000 leaders from nearly 100 countries participated in over 400 sessions in the official programme, as well as engaging in an additional 200 sessions devoted to the Forum’s 14 System Initiatives.

Highlights

• The Compact for Responsive and Responsible Leadership has been developed with the International Business Council (IBC) and the Community of Chairpersons in response to a pressing need for corporations, their chief executive officers and boards of directors, as well as leading investors and asset managers, to create a corporate governance framework with a focus on the long-term sustainability of corporations and the long-term goals of society.

• Xi Jinping, President of the People’s Republic of China, became the first Chinese head of state to address the Annual Meeting, and called for greater international cooperation.

• The World Economic Forum has teamed with the University of California Santa Barbara’s Benioff Ocean Initiative to build a coalition to protect the world’s oceans and marine resources. Part of the Forum’s New Vision for the Ocean Initiative, the aim is to bring together public, private and civil society sector stakeholders to achieve goal number 14 of the United Nations Sustainable Development Goals: to conserve and sustainably use the oceans, seas and marine resources for sustainable development.

Center for the Fourth Industrial Revolution in San Francisco, USAThe rapidly converging technologies of the Fourth Industrial Revolution, including interactions among artificial intelligence, big data and automation, are shaping an exciting world of opportunity. Digitally transformed companies can serve their customers better with highly tailored strategies, while humanitarian rescue efforts can be targeted, not just to react to a crisis but also to prevent one. The World Economic Forum has taken steps to address this issue with its new Center for the Fourth Industrial Revolution in San Francisco, which is dedicated to advancing the global conversation on science and technology governance for the benefit of society at large. It is the first permanent, globally active office of an international organization in the Bay Area.

• A new fund backed by the Government of Norway has been launched that will raise $400 million and protect 5 million hectares in countries working to reduce deforestation and forest and peat degradation. The fund could lead to $1.6 billion in deforestation-free agriculture investments. It is an example of the agreements that are developing under the Tropical Forest Alliance 2020, a public–private partnership.

• More than 40 industry leaders from the global plastics value chain have rallied behind a new plan to tackle plastics waste, which could increase recycling from 14% today to over 70% of total plastic packaging. The plan is part of The New Plastics Economy: Catalysing Action report, which was launched in May 2016 as a result of Project MainStream, a multi-industry collaboration led by the World Economic Forum and the Ellen MacArthur Foundation.

Left to right: Meg Whitman, President and Chief Executive Officer, Hewlett Packard Enterprise; Sharmeen Obaid-Chinoy, Documentary Film-maker, SOC Films; Zeinab Badawi, Presenter, BBC News; Ahmad Sarmast, Founder, Afghanistan National Institute of Music; Christine Lagarde, Managing Director, International Monetary Fund; and Sheryl Sandberg, Chief Operating Officer and Member of the Board, Facebook

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5Consumer Industries Governors Meeting 2017

Consumer Industries Governors reviewed progress made by the community in 2016. Through the Forum’s System Initiatives, the Consumer Industries have demonstrated the pivotal role played by business in accelerating progress on the most significant issues of the global commons. The Governors reaffirmed the strong need for a systems approach, which should be adopted in partnership across the industry and with stakeholders.

The Consumer Industries play an active role in shaping the Food Security and Agriculture, and Environment and Natural Resource Security System Initiatives, which help ensure the delivery of the

Consumer Governors Meeting

1: J. Erik Fyrwald, Chief Executive Officer, Syngenta International, Switzerland; and Denise Morrison, President and Chief Executive Officer, Campbell Soup Company, USA

2: David Taylor, Chairman of the Board, President and Chief Executive Officer, Procter & Gamble, USA

3: Doug McMillon, President and Chief Executive Officer, Walmart, USA

4: Levent Cakiroglu, Chief Executive Officer, Koç Holding, Turkey

5: Takeshi Niinami, President, Chief Executive Officer, Member of the Board, Representative Director, Suntory Holdings, Japan

6: Hans Van Bylen, Chief Executive Officer, Henkel, Germany; and Chip Bergh, President and Chief Executive Officer, Levi Strauss & Co., USA

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2030 Agenda for Sustainable Development. The Governors reflected on the challenges and opportunities within these systems, the highlights of which are detailed in this report.

Each year the Governors also mandate the priorities of the community for the year ahead. This year the Governors Meeting was complemented by deep dives in two areas called for by the Governors during the 2016 Governors Meeting: biotechnology and retail. Further details on how these discussions will progress in 2017 are shared on pages 6 and 7.

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6 Consumer Industries Governors Meeting 2017

People are either excited or scared of biotech. Can we move away from a bipolar approach to address specific concerns – social, economic, health and environmental – giving room to both innovation and precaution?

Marco LambertiniDirector General, WWF International

Bio-innovation in Agriculture and Food: Co-shaping a Vision Around Society’s Needs

At the Annual Meeting 2016, the Consumer Governors called on the Forum to explore interest in an open dialogue around biotechnology in food and agriculture. In response to this request, the Forum conducted an extensive consultation, including interviews with close to 50 organizations across relevant stakeholder groups, to understand their current thinking and priorities in a space that has been characterized historically by a breakdown in genuine dialogue.

The stakeholder interviews surfaced important learnings from the past decades and confirmed cross-stakeholder support to start a new dialogue; one that is transparent, inclusive of all stakeholders, and linked to the broader social and economic context in which technologies are applied. Stakeholders also agreed that today’s fast-changing evolution of the bio-innovation space calls for a broader scope, beyond transgenic modification technology or applications in seeds. Finally, there was a shared sense that technology-driven innovation has to serve the broader societal objectives reflected in the Sustainable Development Goals and the Paris Agreement; and that the pressing human and ecological challenges posed by climate change, resource scarcity and nutrition insecurity provide new opportunities for cross-stakeholder alignment around the role of bio-innovation.

Key Outcomes from the Annual Meeting

Governors from the Consumer and Chemicals and Advanced Materials Industries, heads of civil society organizations, farmers, scientists and technology disruptors convened in Davos-Klosters for the first of a series of dialogues. During the session, participants confirmed the Forum’s findings, highlighting the need for open dialogue as a critical starting point in the task of rebuilding the current trust deficit amongst stakeholders, including the consumer.

A diverse group of experts – including an Indian farmer leader, biotechnology start-up founder, gene-editing scientist and bioethics professor – exposed participants to some of the latest trends and gave unique insights into the world of bio-innovation. Participants then identified critical questions intended to shape future dialogues on addressing society’s needs around climate change, biodiversity, resource scarcity and nutrition.

• Benefit: How can we shift away from an ideological “pro versus con” approach, instead allowing for a discussion around trade-offs among benefits and risks? For example, how should we go about weighing the benefits of eradicating a plant disease through biotechnology against the risks of intervening in highly complex biological and environmental ecosystems?

• Access: What economic and governance models encourage or hinder access to the bio-innovation ecosystem – whether access to data, decision-making, markets or the technologies themselves? In a context of falling technology costs, how can we harness the opportunities of technology democratization while managing its risks?

• Trust: How can trust be rebuilt across stakeholders, including consumers? Who can play the role of trusted, good faith brokers to bring industry and the consumer back together in a more constructive conversation?

• Incentives: What funding and incentive models would accelerate the development and adoption of solutions addressing societal needs? What positive narratives can inspire youth to apply their innovative potential towards this end?

Participants gave the Forum a unanimous mandate to advance this dialogue and explore these questions in the coming year.

1: Jennifer Morgan, Executive Director, Greenpeace International

2: Yu Xubo, President, COFCO, People’s Republic of China

3: Paul Bulcke, Member of the Board of Directors, Nestlé, Switzerland

4: Mehmood Khan, Vice-Chairman, Chief Scientific Officer, Global Research and Development, PepsiCo, USA

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7Consumer Industries Governors Meeting 2017

In response to the Consumer Governors’ call to action at the Annual Meeting 2016 to explore “re-imagining retail”, the World Economic Forum initiated The Future of Retail project in collaboration with Accenture. Given that retail is the largest private-sector employer in the world and one that is experiencing massive technology-enabled disruption, the project aimed to deepen understanding of how the concept of retail and the way consumers shop will evolve over the next decade.

Chief executives were joined by experts from academia, civil society and supply to discuss the impact of the project’s key findings:

• Building stronger connections with and understanding of the increasingly empowered consumer: It will be essential for businesses to be agile and to constantly innovate and disrupt themselves to meet the high standards and expectations of hyperconnected consumers.

• Adopting game-changing technologies to increase value for business: Organizations will have to adopt and increase the scale of a variety of disruptive technologies, including the internet of things, autonomous vehicles and drones, artificial intelligence and machine learning, and robotics, which are the top four for the retail value chain.

• Unlocking the power of transformative business models in the physical and digital space: Organizations will have to re-imagine physical retail as hubs of engagement and experience, and explore the next generation of online–offline business models.

• Redefining and building key future capabilities: Adopting a partnership mindset, developing innovative last-mile delivery solutions and accelerating data sciences will be key.

Responsive and responsible leadership actions are needed to address the societal implications for communities, labour and the environment. Businesses can collaboratively mitigate societal risk driven by digital disruption through:

• Inclusive community development around physical retail spaces

• Long-term systemic right-skilling and re-skilling of the retail workforce through partnerships with universities as well as trade unions and government

• Redesigning the last-mile delivery value chain through innovations such as “synthetic density”.

See the insight report: Shaping the Future of Retail for Consumer Industries, available at: www3.weforum.org/docs/IP/2016/CO/WEF_AM17_FutureofRetailInsightReport.pdf.

1: Consumer Industries Governors Meeting

2: Nerio Alessandri, Founder and Chairman, Technogym, Italy

3: Kasper Rorsted, Chief Executive Officer, Adidas, Germany

4: Robert Scott, Managing Director, Industrials Division, Wesfarmers, Australia

5: Maurice Brenninkmeijer, Chairman of the Supervisory Board, COFRA Holding, Switzerland

6: Genichi Tamatsuka, Chairman and Chief Executive Officer, Representative Director, Lawson, Japan; and Keisuke Nishimura, Representative Director of the Board and Senior Executive Officer, Kirin Holdings, Japan

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Exploring Industry Transformation: The Future of Retail

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System Initiatives

Leaders in Davos called for collaborative action to drive economic growth while safeguarding social inclusion. The 14 System Initiatives are the vehicles through which the Forum will respond to this call to action and drive change in the coming year. Two major themes will be woven throughout the work of all the systems. The first is responding to the challenges of the Fourth Industrial Revolution through more accountable systems of control, building mechanisms for policy development and creating space for public deliberation. The second is ensuring that the Forum’s work is

Shaping the Future of Financial and Monetary Systems

How can the global financial system reinforce its contribution to sustained economic growth and social development?

Shaping the Future of Consumption

How can technological disruption drive enhanced models of consumption with sustainable benefits for business and society?

Shaping the Future of Digital Economy and Society

How can global collaboration realize the internet’s potential to benefit humankind?

Shaping the Future of Economic Growth and Social Inclusion

How can the world strengthen growth and equality at the same time?

Shaping the Future of Education, Gender and Work

How can talent be reinforced through public–private cooperation to meet the demands of the 21st century?

Shaping the Future of Energy

How can the world transition to cleaner, safer, more affordable energy systems?

Shaping the Future of Environment and Natural Resource Security

How can the world achieve inclusive economic growth while combating climate change and other natural resource challenges?

Shaping the Future of Food Security and Agriculture

How can the world feed 9.7 billion people by 2050?

Shaping the Future of Health and Healthcare

How can the world deliver healthy lives and healthcare for 9.7 billion people by 2050?

Shaping the Future of Information and Entertainment

How can a sustainable flow of information, content and data inform, entertain and educate while empowering society?

Shaping the Future of International Trade and Investment

How can trade and investment drive growth and development?

Shaping the Future of Long-Term Investing, Infrastructure and Development

How can the world sustainably close the annual $1 trillion infrastructure investment gap?

Shaping the Future of Mobility

How can the transformation to a secure, inclusive and smart global mobility system be accelerated?

Shaping the Future of Production

How can a common vision for production enable innovation, sustainability and employment?

complementary to the 2030 Agenda for Sustainable Development and the Sustainable Development Goals, from mobilizing private capital, technology and know-how for inclusive and sustainable investments to making the compelling economic case for business leadership and engagement. From increasing financial inclusion to defining the workforce of the future, from responding to epidemics to strengthening infrastructure, the System Initiatives will focus on driving lasting, systemic change through public–private cooperation.

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Shaping the Future of Consumption

The System Initiative on Shaping the Future of Consumption was developed to serve as a platform to bring together leaders and experts to address global opportunities for economic value creation and public–private collaboration. It was officially introduced at the Annual Meeting 2017. The multistakeholder Stewardship Board, including Governors from the Consumer Industries, came together for the first time to answer the key question shaping this system: How can technological disruption drive enhanced models of consumption with benefits for business and society?

The Future of Consumption Framework

Technological advancement is the catalyst for the transformational shifts related to consumption. It will spur innovation via new business models, significantly impact how omnichannel retail will evolve and, in doing so, call for the creation of smart and agile operating models.

Looking Ahead

Three projects will be developed in 2017–2018:

• Operating Models of the Future: To identify technology-empowered operating models to support evolving modes of consumption.

• The Future of Consumption in Fast-growth Consumer Markets: This multi-year initiative seeks to ensure technology-enabled inclusive development in fast-growth consumer markets, such as China, India and Indonesia, over the next decade.

• The Next Generation of the Sharing Economy: This aims to create an enabling environment that will accelerate the next frontier of the sharing economy through promoting large-scale and systemic change.

See the Stewardship Board Brief on the System Initiative on Shaping the Future of Consumption, available at: www3.weforum.org/docs/IP/2016/CO/WEF_AM17_FutureofConsumption_StewardsBriefing.pdf.

The Future of Consumption Framework

1: Eric Foss, Chairman, President and Chief Executive Officer, Aramark, USA

2: Pieter Nota, Chief Executive Officer, Personal Health Businesses and Chief Marketing Officer, Royal Philips, Netherlands

3: Andreas Fibig, Chairman and Chief Executive Officer, International Flavors & Fragrances, USA; and Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Holding, United Arab Emirates

4: Jean-François van Boxmeer, Chairman of the Executive Board and Chief Executive Officer, HEINEKEN, Netherlands and Peter A. Ruzicka, President and Chief Executive Officer, Orkla, Norway

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Shaping the Future of Digital Economy and Society

The exponential growth in digitalization and internet connectivity is the backbone of the Fourth Industrial Revolution. It has the potential to propel societies forward, enable innovative business models and help governments address legitimate policy concerns. The System Initiative on Shaping the Future of Digital Economy and Society aims to cultivate a shared and trusted digital environment that drives inclusion, economic development and social progress.

Key Outcomes from the Annual Meeting

To promote discussion on the positive impact of digitalization on society and to unlock the immense societal benefits it can generate, the Forum and its Partners have created a new metric – Digital Value to Society – by aggregating the key performance indicators that relate to the impact of digitalization on health and safety, employment, the environment and consumers. This offers a consistent approach to understanding how digital transformation creates value for business and society.

At the Annual Meeting, participants also discussed the cost and trapped value of e-commerce barriers. There are challenges and barriers to boosting e-commerce and moving data across borders, as well as related governance solutions ranging from new trade rules to public–private collaborations. It was agreed that there can be no e-commerce revolution without universal connection. As a next step, participants agreed to further analyse the cost and trapped value of e-commerce barriers, create a taxonomy of data flow barriers in conversation with industry Partners, and identify existing solutions and new initiatives for the Fourth Industrial Revolution.

In addition, participants discussed the role of business-to-business platforms, which will represent approximately $11 trillion in trapped value during the next 10 years. The hundreds of initial providers will quickly be reduced to three, with the top provider usually capturing a 70% share, the second provider 20% and the third 10%. As a result, businesses will be required to clarify their intentions, identify their place in the ecosystem and then collaborate quickly to realize their goals, by working with policy-makers and the broader business ecosystem.

Looking Ahead

The Forum will continue to build partnerships among government, business and civil society to create a digital policy framework. This multistakeholder group will work together to make a positive digitalization narrative and highlight the opportunity and societal implications of the digital transformation.

Regarding the Business-to-business Platform Economy, there was a call to action to identify the key business enablers, societal impacts and policy concerns to shape the 2017 dialogue. Participants also agreed to issue a white paper on this topic and to establish a community of platform experts to address key uncertainties in the ways platforms will impact business and society.

Finally, the Digital Economy and Society Initiative will continue to serve as a global coordinating platform to advance and align ongoing efforts across the digital ecosystem by creating a series of multistakeholder dialogues throughout 2017. It will also continue to generate insights, tools and concrete outcomes across its activities.

1: Panellists iin the Digital Economy and Society session

2: Hugh Grant, Chairman and Chief Executive Officer, Monsanto, USA

3: Devin Wenig, President and Chief Executive Officer, eBay, USA

4: Daniel Zhang, Chief Executive Officer, Alibaba Group, People’s Republic of China

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11Consumer Industries Governors Meeting 2017

The Annual Meeting 2017 marked a significant milestone for food security, agriculture and nutrition, with over 20 sessions hosted by the Forum and Partner companies attracting broad media attention to key interrelated issues.

A New Perspective on Global Food Systems

A notable feature of the discussions was a vision of integrated food systems incorporating agriculture, nutrition, health and sustainability, and a recognition that global food systems will be central to achieving the Sustainable Development Goals. The “buzz” captured by tapping into the public debates around healthy and sustainable diets, and emerging new technology solutions added further momentum. There was a striking degree of alignment across the discussions, with leaders recognizing the need for a fundamental transformation of our food systems.

Consumer Governors joined other global leaders for a meeting of the Stewardship Board for Food Security and Agriculture, which provides strategic guidance on action priorities in the broader global sphere as well as to the Forum. Highlights from the meeting include the following:

• Stewards agreed that food systems are currently unfit for purpose and that a fundamental transformation is needed to feed the global population nutritiously and sustainably.

• They recognized the progress achieved to date through innovative partnerships and approaches, while emphasizing the need for greater speed and scale to meet the food system’s pressing challenges.

• They recognized the significant business opportunity provided when developing solutions, which was valued at $2.3 trillion dollars by a white paper prepared for the Commission on Business and the Sustainable Development Goals in October 2016.

• Drawing insight from a scenarios analysis on the future of food systems informed by over 150 experts and practitioners, the Stewards explored potential futures and their implications. They

noted that all scenarios are possible, and that some of the least desirable futures are already under way in certain regions. This prompted several Stewards to explore near-term changes to their own business and organizational models, including adjusted investment and policy priorities.

• The Stewards identified several opportunities for systems redesign, including:- Aligning government efforts across health, agriculture,

education and finance ministries for a comprehensive food-focused approach

- Redesigning public policy and investment to incentivize sustainable and nutritious food production, including through adjusting subsidies and reflecting externalities in the true cost of food

- Creating an appealing new narrative around healthy and sustainable food consumption to encourage consumer demand shifts

- Harnessing technology solutions and the power of information through greater investment in “innovation with a purpose”

- Embracing a diversity of approaches, recognizing that there is no “one size fits all” approach to food systems.

• The Stewards confirmed their commitment to continued leadership and emphasized the importance of building trust and transparency through dialogue. They also stressed the need to continue existing initiatives, including the New Vision for Agriculture (NVA), Grow Africa, Grow Asia and the Tropical Forest Alliance 2020.

Linking to the 2030 Agenda for Sustainable Development

The NVA partnerships offer a unique, country-led, multistakeholder approach as a key tool to achieving the Sustainable Development Goals (SDGs) at country level. Leaders in Davos–Klosters also advanced this action agenda, reaffirming and broadening their commitment to the multistakeholder partnerships catalysed and supported by NVA. Cambodia and Colombia were welcomed into the network, bringing the total number of countries hosting partnerships through Grow Africa, Grow Asia and NVA-supported activities in India and Latin America to 21.

1: Liam Condon, Member of the Board, Bayer, Germany

2: Soren Schroder, Chief Executive Officer, Bunge, USA

3: James Collins Jr, Executive Vice-President, DuPont, USA

Shaping the Future of Food Security and Agriculture

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12 Consumer Industries Governors Meeting 2017

In a targeted session, more than 70 leaders convened to review progress in NVA, in which nearly 600 organizations are driving action across Africa, Asia and Latin America. Participants included the Prime Minister of Cambodia, H.E. Mr Samdech Techo Hun Sen, along with ministers of agriculture, finance, trade and commerce as well as international organizations, top executives from nearly 30 companies, and representatives of civil society, farmers’ and academic organizations. Key observations from regional and national partnership initiatives included:

• Grow Africa has helped realize $2.3 billion in private sector investments in agriculture to date, out of a total $10 billion committed, benefiting more than 10 million smallholder farmers. Leaders agreed to align the efforts of key regional institutions and partnerships, and to intensify efforts in Nigeria and Rwanda.

• Grow Asia supports five national-level partnerships in the ASEAN region and has reached more than half a million farmers to date. Leaders emphasized the importance of empowering farmers through enhancing their access to information technology, including digital platforms such as a new mFarmer initiative developed by Unilever, Facebook and the Government of Indonesia. The Prime Minister of Cambodia highlighted his government’s commitment to engaging with Grow Asia partners to boost agricultural productivity and farmer empowerment. The Minister of Agriculture of Vietnam invited global partners to help increase the scale of impact in his country.

• In India, NVA has helped to catalyse partnerships at the state level, starting with Maharashtra and growing to include Andhra Pradesh and Karnataka. In this meeting, the Chief Minister of Andhra Pradesh outlined his efforts to empower farmers through improving access to technology, finance and real-time price and weather information. Leaders discussed how to increase the scale of this approach, building on the efforts of national institutions as well as technology and innovation.

• In Latin America, leaders reviewed progress in Mexico and Nicaragua and discussed new opportunities in Colombia, where the government has committed to join NVA as a key step towards the sustainable post-conflict development of the country’s rural areas. Leaders from regional institutions and the private sector noted the tremendous opportunity for public–

private collaboration to help realize Latin America’s potential as a breadbasket for the world.

NVA presented its country partnership model in a session entitled Country-level Action to Achieve the Sustainable Development Goals. This showcased five major global initiatives: NVA, 2030 Water Resources Group, Tropical Forest Alliance 2020, Internet for All, and Scaling Up Nutrition Movement. Government and United Nations leaders joined with chief executives, civil society leaders and experts to discuss progress achieved to date by these multistakeholder action models, and highlight opportunities to increase the scale of impact towards achieving the SDGs. The session opened a new window of opportunity through which stakeholders can link and share action models across sectors.

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Stimulating Insight and Debate

Annual Meeting 2017 participants explored a diverse array of sessions, generating new insights on scenarios for the future of global food systems; links between agriculture, nutrition and health; key global risks such as food crises; and breakthrough technology innovations in the food and agriculture sphere. The discussions were enriched by leaders of industry, government, international organizations and civil society, as well as new voices and perspectives from academia and technology innovation.

New publication:

Shaping the Future of Global Food Systems: A Scenarios Analysiswww3.weforum.org/docs/IP/2016/NVA/WEF_FSA_FutureofGlobalFoodSystems.pdf

1: Ricardo Tadeu, Zone President, Africa, Anheuser-Busch InBev, South Africa

2: Rob W. van Leen, Chief Innovation Officer, Royal DSM, Netherlands; and Gonzalo Ramirez Martiarena, Chief Executive Officer, Louis Dreyfus, Switzerland

3: Svein Tore Holsether, President and Chief Executive Officer, Yara International, Norway

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13Consumer Industries Governors Meeting 2017

The year 2016 was the warmest year on record. It was the first full year during which the global average temperature reached 10C or more above the 1880–1999 average and observed carbon dioxide levels in the atmosphere remained above 400 parts per million. This makes the implementation of the Paris Agreement on climate change – which has now been ratified by more than 130 countries – even more critical. Delivering the agreement will require unprecedented public and private partnerships to co-create pathways that will enable an economic transformation towards low-carbon and climate-resilient growth.

The World Economic Forum Alliance of CEO Climate Leaders gathered at the Annual Meeting 2017 with chief executives interested in joining the group. They discussed the interventions needed to deliver a step-change in the scale of action and ambition required to create a low-carbon and climate-resilient economy.

Key Outcomes from the Annual Meeting

The group of more than 50 CEOs and guests discussed how to create business opportunities to promote the delivery of the Paris Agreement. The conversation evolved around identifying steps to accelerate climate action, solutions to unlock private sector finance, investment opportunities for increasing the scale of the low-carbon transition, and the new public–private partnerships required. Topics covered included energy (transition, innovation and access), green investment in fast-growing economies, and sustainable landscapes.

Key priorities highlighted during the session included identifying the investment choices needed to avoid becoming locked into high-carbon infrastructure that will make the Paris goals unachievable. The group also suggested that innovation should be fostered by stronger public–private cooperation; regulations should be designed to facilitate private sector investments;

Without necessary information, market adjustments to climate change will be incomplete, late and destabilising. Enhanced climate-related financial disclosure will allow private markets to allocate capital to manage risks and seize new opportunities.

Mark CarneyGovernor, Bank of England and Chair of the Financial Stability Board

Climate Change Solutions

1: Peter Agnefjall, Chief Executive Officer, IKEA Group, Netherlands

2: Paul Polman, Chief Executive Officer, Unilever, United Kingdom

1

Shaping the Future of Environment and Natural Resource Security

effective carbon pricing is a critical tool, but not a silver bullet; and financial disclosures and sound policy-making are crucial to help investors make the right choices.

Beyond these concrete measures, the CEOs agreed that a set of immediate steps can be taken by government leaders and corporate actors to create immediate impact. These include committing to 100% renewable energy supply; reducing food waste; supporting climate action in supply chains; and addressing fossil fuel subsidies. The Alliance of CEO Climate Leaders will continue to foster these types of partnerships to deliver climate action on the ground and work towards the goals of the Paris Agreement.

Governor Mark Carney also convened a group of CEOs and public officials to discuss the latest recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. The feedback gathered was overwhelmingly positive: there was unanimous support for the Task Force disclosure recommendations from all stakeholders; strong support for fostering early and widespread adoption; and consensus on the need for a set of common scenarios to facilitate comparability for investors. This discussion and its outcomes will feed into the 60-day consultation period opened upon release of the report on 14 December and will help shape the final version of the recommendations to be presented to G20 leaders in July 2017.

Looking Ahead

The identified priorities will be promoted throughout the year at World Economic Forum events, and taken stock of at the Annual Meeting 2018. Additional major international gatherings, such as World Bank and International Monetary Fund spring and annual meetings, G20 summits, business and climate summits, and United Nations Framework Convention on Climate Change events, will be used to advance this agenda and deliver action on the Paris outcomes and the Sustainable Development Goals.

For more information, see www.weforum.org/projects/climate-change-solutions

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14 Consumer Industries Governors Meeting 2017

Tropical Forest Alliance 2020

TFA 2020 is a global public–private partnership dedicated to enabling deforestation-free supply chains in four global commodities: palm oil, beef, soy, and pulp and paper. TFA 2020 now has more than 80 partners and has set up a regional infrastructure comprising platforms in Latin America, Southeast Asia, and West and Central Africa.

TFA 2020 Partners Meeting

At the Annual Meeting 2017, partners in TFA 2020 came together in an action-oriented dialogue. They explored what is needed for effective implementation of existing commitments and identified an action agenda to accelerate the realization of current goals. At the meeting, Juan Manuel Santos, President of Colombia, shared his government’s ambitious goal for the development of deforestation-free cattle and palm oil production as part of the Colombia Siembra Plan. The discussion highlighted recent progress in forest countries, including:

• The TFA 2020 Marrakesh Declaration for the Sustainable Development of the Oil Palm Sector in Africa saw seven African governments (Central African Republic, Cote d’Ivoire, Democratic Republic of Congo, Ghana, Liberia, Republic of Congo and Sierra Leone) pledge to protect their tropical forests by shifting to sustainable palm oil production. Together, the seven countries represent 250 million hectares or 70% of Africa’s tropical forests. The Declaration was developed in partnership with and endorsed by governments, business and representatives of indigenous peoples and civil society.

• The President of Indonesia issued a moratorium on the conversion of peatland, which could help prevent future fires and will significantly reduce Indonesia’s greenhouse gas emissions.

• At the subnational level, Brazil’s state of Mato Grosso is continuing implementation of its “Produce, Conserve, Include” plan to reduce deforestation and re-establish natural forests, while increasing production of soy and cattle.

Engaging the Finance Sector

TFA 2020 launched a report on The Role of the Financial Sector in Deforestation-free Supply Chains, which explores what is estimated to be a $200 billion opportunity annually for deforestation-free investment and financing by 2020. At the Annual Meeting 2017, TFA 2020 also hosted a dialogue with producer country governments, supply chain companies and investors on how this opportunity can be harnessed, looking at major agricultural commodities as well as metals and extractives. The discussions focused on the actions needed to attract new investment and financing and how to lower investment barriers for sustainable commodity production at a large scale. TFA 2020 will continue to facilitate dialogue with the financial services sector to prepare investors to capture this opportunity.

Catalysing Funding to Stop Deforestation

At the Annual Meeting 2017, the Government of Norway launched a $400 million fund to kick-start investment in deforestation-free agriculture. The fund seeks to protect 5 million hectares in countries working to reduce deforestation and forest and peat degradation, while supporting improved livelihoods for smallholder farmers. The fund could lead to $1.6 billion in deforestation-free agriculture investments and is an example of the agreements that are developing under TFA 2020.

1: David W. MacLennan, Chairman and Chief Executive Officer, Cargill, USA

2: Pua Seck Guan, Chief Operating Officer and Executive Director, Wilmar International, Singapore

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The future of the planet depends on our common ability to both protect and restore forests at unprecedented scale.

Erna SolbergPrime Minister of Norway

Shaping the Future of Environment and Natural Resource Security

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The Global Risks Report 2017 has reconfirmed – for the sixth consecutive year – that water crises remain a top five risk factor for the world economy, the environment and social stability. Addressing this challenge requires urgent action and new models of collaboration and partnership involving all relevant actors across stakeholder groups.

Since 2010, the Forum has helped to build large-scale action alliances, including the 2030 Water Resources Group (www.2030wrg.org). Born as a positive disruptor and led by a small coalition of champions, the 2030 WRG supports developing country governments to engage with the private sector and other stakeholders to advance well-informed policy reform. It also

Global Water Initiative

1: Bea Perez, Chief Sustainability Officer, SVP Global Partnerships, Assets, Innovation, Licensing and Retail, The Coca-Cola Company, USA

2: Kinya Seto, Chief Executive Officer, LIXIL Group, Japan

1

New Vision for the Ocean

With more than two-thirds of the planet covered by ocean, protecting the health of this vital resource is critical to social, economic and environmental well-being. There are a myriad of interconnected challenges to be addressed, including growing coastal development; ocean acidification; illegal, unreported and unregulated (IUU) fishing; and fragmented governance. To address these challenges, the World Economic Forum has teamed with the University of California Santa Barbara’s Benioff Ocean Initiative to build a coalition that will work to protect the world’s marine resources.

Formally launched at the Annual Meeting 2017, the New Vision for the Ocean Initiative aims to bring together public, private and civil society sector stakeholders to achieve Sustainable Development Goal number 14: to conserve and sustainably use the oceans, seas and marine resources for sustainable development.

Looking Ahead

The Tuna IUU Task Force will be deployed in 2017. This will provide an opportunity for business, civil society and government leaders

supports innovative co-designed solutions to tackle water risk in rapidly growing emerging economies. The 2030 WRG has grown to become a vibrant network of over 500 partners across 11 jurisdictions. Building on this experience, the Forum’s Global Water Initiative seeks to advance other key areas of the water agenda, supporting wider international efforts such as the United Nations–World Bank convened High-Level Panel on Water.

Key Outcomes from the Annual Meeting

The 2030 WRG received a mandate from its Governing Council (comprising 16 global public, private and civil society partners) to develop a strategic plan for the next phase to deepen impact and extend its country partnership footprint across 25 countries.

Together with its Partners, the Forum launched a concerted effort to accelerate and advance an action agenda on sanitation. This will help address the fact that 2.4 billion people lack adequate sanitation, while inadequate access to water, sanitation and hygiene facilities costs the world approximately $260 billion each year.

Looking Ahead

The Forum’s Global Water Initiative will continue to support and identify strategic and tailored opportunities for its partners to engage in the activities of the 2030 WRG.

Building on existing efforts and experience, it will work across its partners, networks and platforms to drive momentum and foster innovation, leverage public–private financing and promote technology and data analytics across the sanitation value chain.Finally, the Forum will continue to explore and develop new opportunities to support the High-Level Panel action agenda.

to address IUU fishing for tuna and to take action to prevent illegal tuna from entering markets by 2020, given their economic and ecological importance as a species.

At the request of the office of the President of the General Assembly of the United Nations, the Forum will be supporting the forthcoming UN Ocean Conference to help secure concrete action to promote Goal 14.4 of the Ocean SDG: to end illegal fishing. As part of this effort, the Forum seeks to announce a Tuna Declaration, with the ultimate goal to establish a global system of tuna traceability and implement sustainable harvest control rules for all tuna regional fishery management organizations by 2020.

The Forum’s Center for the Fourth Industrial Revolution in San Francisco will serve as a key hub for the broader New Vision for the Ocean work moving forward, in particular given its focus on using Fourth Industrial Revolution technologies to manage global environmental commons.

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The circular economy, defined as one that decouples manufacturing, production and consumption from natural resource constraints, promises significant economic, societal and environmental benefits. The economic benefit alone is estimated to represent a $4.5 trillion gross domestic product opportunity by 2030. At the Annual Meeting 2017, high-level discussions on the circular economy were shaped by two key insights:

• The circular economy is gaining momentum globally: It represents a significant opportunity for material savings, economic growth and job creation. Progress has been made, particularly through Project Mainstream in conjunction with the Ellen MacArthur Foundation, while business-led projects have been active and successful legislation achieved. Examples include the recent Circular Economy Package of the European Union.

• Global co-development is needed to drive action on the ground: Effective global dialogue and co-development mechanisms are needed to achieve transformation at a large scale. Citizens have to provide broad-based support, governments need to give the right incentives, and the private sector must support the scaling up of innovative solutions.

Key Outcomes from the Annual Meeting

The Forum and its Partners launched The Platform for Accelerating the Circular Economy to support global co-development over the next three years. At the global level, the platform will facilitate a multistakeholder circular economy leaders network to advance the circular and sharing economy agenda. At the local level, the platform will support a series of regional accelerator hubs that will convene stakeholders at national and city levels within participating countries to co-design new circular and sharing economy models and prototype replicable and scalable public–private systems change initiatives. These will be delivered through a hybrid of physical and digital engagements.

Circular Economy Looking Ahead

The foundations for a regional programme have already taken shape and will play out over the next year through a series of collaborations and regional events and engagements:

• In China, with the China Council for International Cooperation on Environment and Development, a body that provides the State Council with research-based policy recommendations on environmental issues. An agreement has also been finalized with the city of Guangzhou, China’s third-largest city, which has a population of over 13 million and is the heart of China’s manufacturing industry.

• In Africa, in collaboration with the Ministry of Natural Resources in Rwanda.

• In Latin America, through collaboration with the Inter-American Development Bank.

Two other joint initiatives will focus on key material streams:

• The New Plastics Economy: A progress report by the Ellen MacArthur Foundation and the World Economic Forum lays out a workable plan for moving towards a circular plastics system and was endorsed by more than 40 chief executives and other senior business leaders. The report details an action plan that could increase reuse and recycling rates for plastic packaging to 70%. In the next year the initiative will launch global innovation challenges and build a set of global common standards (a “Global Plastics Protocol”) for packaging design.

• Project Mainstream Urban Biocycles: A position paper on urban biocycles focuses on various means to capture value from urban organic material streams (in the form of the energy, nutrients and materials embedded in these flows) through the application of circular economy principles. In 2017, this workstream will focus on stakeholder engagement and quantifying the economic opportunity and the implications on urban and peri-urban food systems, as well as nutrient recovery.

1: Cees ‘t Hart, Chief Executive Officer, Carlsberg Group, Denmark

2: José Antonio Fernández, Executive Chairman, FEMSA, Mexico

1 2

New Publications

The New Plastics Economy Catalysing actionwww.weforum.org/reports/the-new-plastics-economy-catalysing-action

Project MainStreamUrban Biocycles www3.weforum.org/docs/WEF_Project_MainStream_Urban_Biocycles_2017.pdf

Shaping the Future of Environment and Natural Resource Security

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Food companies have the privilege and responsibility to work at the nexus of health, nutrition, agriculture, demographics and sustainability to connect food with consumers.

Paul BulckeMember of the Board of Directors, Nestlé

Shaping the Future of Health and Healthcare

By 2050, the world’s population will have risen to 9.7 billion, with 2 billion people over the age of 60. The global health ecosystem will need to undergo major transformations to ensure living environments support long and healthy lives. A strategic, long-term focus coupled with a collaborative mind-set across industries, policy-makers, civil society and innovators to create and sustain healthy populations will be the key to addressing current health challenges. In 2016, the System Initiative on Shaping the Future of Health and Healthcare focused on health promotion, health security, value-based healthcare and access to care in emerging economies.

Key Outcomes from the Annual Meeting

The Human-centric Health session brought together a range of traditional and non-traditional stakeholders in health to promote and catalyse work towards the prevention of non-communicable diseases (NCDs). Participants were primarily chief executives from large multinational organisations. Using data produced by the Human-centric Health project, and following demonstration of an example intervention combining behavioural economics and technology, the group were asked to brainstorm possible interventions for the prevention of NCDs. With breakout groups led by experts in complementary fields, each group identified methods for reducing the impact of the prevalent risk factors in their allocated countries, with the final objective of pitching their ideas to the experts and seeking feedback.

The final discussions concluded that the primary risk factors in the majority of cases were poor nutrition and physical inactivity. This finding provides a theme for engaging individuals through incentives that align with their short-term desires, such as physical attractiveness, leading them towards healthier lifestyle choices that will also benefit their long-term health.

The Stewardship Board for the System Initiative discussed six potential joint venture projects spanning the following themes: supporting the Gavi (the Vaccine Alliance) Infuse initiative; providing access to reading glasses for 2.5 billion people; supporting

biomedical research in Africa; building a coalition of partners to develop a strategy for rolling out sustainable primary health care; developing an alliance to address NCD prevention and control at city level through public and private cooperation; and reducing by one-third the number of fatalities caused by road accidents by 2030.

Looking Ahead

Results following evaluation of the first year of the Human-centric Health project have led to a focus on city-level interventions and this will form the focus of activities in year two. The Healthy City Partnership will be launched in the coming months. This aims to develop a coalition or alliance of partners who will work together to develop a novel non-governmental organization to address NCD prevention and control at the city level through public–private cooperation.

The Healthy City Partnership will also be complemented by a dialogue series focused on assessing key areas of public and private collaboration for advancing the NCD agenda and the promotion of healthy lives. The six joint venture projects will be scoped out in the coming months.

1: Dick Boer, President and Chief Executive Officer, Ahold Delhaize, Netherlands

2: Douglas M. Baker Jr, Chairman and Chief Executive Officer, Ecolab, USA

3

3: Left to right: Allison Aubrey, Correspondent, NPR News, USA; Corinna Hawkes, Director, Centre for Food Policy, City University, United Kingdom; David W. MacLennan, Chairman and Chief Executive Officer, Cargill, USA; Paul Bulcke, Member of the Board of Directors, Nestlé, Switzerland.

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Shaping the Future of Production

Technologies of the Fourth Industrial Revolution – such as the Internet of things, artificial intelligence, advanced robotics, wearables and 3D printing – are exerting profound changes on global production systems, including how, what, why and where individuals produce and deliver products and services. However, business and government leaders find it difficult, not only to have an accurate understanding of where these technologies can create real value, but also to focus successfully on the right and timely investments and policies needed to unlock that value.

At the Annual Meeting 2017, the System Initiative on Shaping the Future of Production invited interested stakeholders to share their perspectives on four contrasting scenarios illustrating the production systems that could be operating in 2030. The group also shared their views on the impacts of technological changes in production systems on value chains and country development pathways.

Key Outcomes from the Annual Meeting

Several specific business considerations emerged during the discussions in Davos-Klosters. These included developing a better understanding of consumer interests in relation to the implications for production, exploring how to unlock value from data contained in a digital thread running across the value chain from manufacture to end use, and the growing importance of working with technology companies in collaborative partnerships. Some of the group’s key thoughts include:

• Technological change is vast, but the challenge lies not just in the technology itself, but in managing change. This applies at the level of public policy, the company (and the need to reskill labour and adapt), and the individual (both the worker and the consumer).

• The Fourth Industrial Revolution is the first major transformation to leave the factory walls; the relevance of hardware in production will diminish and the relevance of digital technology will increase. Companies need to set aside distinct resources to innovate across their supply chains, and they cannot be averse to risk.

• Moving manufacturing offshore has created jobs and stimulated economic growth in developing countries over the past few

We talk about Industry 4.0 but the majority of workers in the world have conditions that are 0.4, because of large income inequality.

Sharan BurrowGeneral Secretary, International Trade Union Confederation

decades, but it has also created logistical complexity and put pressure on the environment. The future global pattern of production will be different and we need to understand the implications.

• Sustainability equals competitiveness. The circular economy is critical to future sustainability and is starting to become a real force for change.

Looking Ahead

Priority actions and opportunities for 2017, pursued through five separate projects, include:

• Develop innovative and unique insights on the impact of new technology on production, through the Technology and Innovation for the Future of Production project.

• Inform a global dialogue on the future of production among and within countries and companies, through a project entitled Readiness for the Future of Production: Country Profiles.

• Support the transformation of production systems to be more efficient and increase net welfare gains, while preserving natural resources and continuing to enhance human well-being, work that will be pursued in the Accelerating Sustainable Production project.

• In the Employment and Skills for the Future of Production project, address key questions in relation to the transformative impact of technological advances on employment and skills in production.

• Analyse the big trends impacting manufacturing in the ASEAN region in The Future of Production in ASEAN.

Eric Sprunk, Chief Operating Officer, Nike, USA

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Shaping the Future of Education, Gender and Work

The World Economic Forum System Initiative on Shaping the Future of Education, Gender and Work seeks to ensure that talent is developed and deployed for maximum benefit to the economy and society. This is achieved by mobilizing leaders from business, government, civil society and others through new insights, common agendas and collaborative action.

Key Outcomes from the Annual Meeting

Participants agreed that the Forum will provide a platform for stronger collaborative action to promote future-ready education systems and inclusive labour markets. This action will be driven by a comprehensive approach to human potential development and supported by tools to close skills gaps, driving gender parity and shaping the future of work and employment.

There is strong momentum for ensuring education matches the needs of the future. Today’s workforce must be better prepared for changing labour markets and take a more proactive approach to job creation. Gains and opportunities should be shared equally, regardless of gender, age or origin.

To this end, a white paper on Realizing Human Potential in the Fourth Industrial Revolution: An Agenda for Leaders to Shape the Future of Education, Gender and Work (www3.weforum.org/docs/WEF_EGW_Whitepaper.pdf) was launched at the Annual Meeting. It provides a common narrative on the new context of emerging issues, identifies priorities for leaders, and promotes the development of policy roadmaps to support this System Initiative.

Looking Ahead

In 2017, the System Initiative will define a three- to five-year agenda for the system. This will provide a compass to orient the work and shape efforts to achieve the targets. Specific goals will be set at regional and country levels (e.g. regional skills initiatives and gender parity task forces).

The System Initiative will continue to place its efforts in three types of activities:

• Insights: To help reframe the narrative and find new ways of shedding light on emerging issues.

• Dialogues: To help leaders build consensus and identify best practices and priorities; in particular around the themes of “A New Deal for Lifelong Learning”, “Jobs of the Future” and “Accelerating Gender Parity in High-growth Sectors”.

• Action: To help businesses pool their efforts and demonstrate large-scale change, bringing government leaders together with other stakeholders to shape policy, in particular with our Regional Skills Initiative, our Future of Work project and our National Gender Parity task forces.

We need to break all the ceilings […] Since 2008, we have seen a slowdown of the process by which the [gender] gap is closed. Economic hardship is not conducive to tolerance and to encourage the inclusion needed for women to participate at an equal level.

Christine LagardeManaging Director, International Monetary Fund

We simply must reboot how we think about work. Yes, the digital economy may have destroyed many jobs that we thought would be around forever, but at the same time, it has created incredible new opportunities.

Rick GoingsChief Executive Officer, Tupperware Brands

Left to right: Enrique Acevedo, Anchor, Univision, USA; Christine Lagarde, Managing Director, International Monetary Fund, USA; Isabel Saint Malo de Alvarado, Vice President and Minister of Foreign Affairs, Panama; Robert Moritz, Global Chairman, PricewaterhouseCoopers International, USA; Sharmeen Obaid-Chinoy, Documentary Film-maker, SOC Films, Pakistan; Cynthia Castro, Vice-President, Reinventing Business for All, Costa Rica

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1: Antonio Guterres, Secretary-General of the United Nations

2: Mark Rutte, Prime Minister of the Netherlands

3: Ranil Wickremesinghe, Prime Minister of Sri Lanka

4: Theresa May, Prime Minister of the United Kingdom

5: Sheikh Hasina, Prime Minister of Bangladesh

6: Juan Manuel Santos, President of Colombia

7: Samdech Techo Hun Sen, Prime Minister of Cambodia

8: Xi Jinping, President of the People’s Republic of China

1 2 3

4 5

6 7 8

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Co-ChairsFeike Sybesma, Chief Executive Officer and Chairman of the Managing Board, Royal DSM, Netherlands

Devin Wenig, President and Chief Executive Officer, eBay, USA

GovernorsDick Boer, President and Chief Executive Officer, Ahold Delhaize, Netherlands

Daniel Zhang, Chief Executive Officer, Alibaba Group, People’s Republic of China

Ricardo Tadeu*, Zone President, Africa, Anheuser-Busch InBev, South Africa

Eric Foss, Chairman, President and Chief Executive Officer, Aramark, USA

Liam Condon, Member of the Board, Bayer, Germany

Soren Schroder, Chief Executive Officer, Bunge, USA

Maurice Brenninkmeijer, Chairman of the Supervisory Board, COFRA Holding, Switzerland

David W. MacLennan, Chairman and Chief Executive Officer, Cargill, USA

Cees ‘t Hart, Chief Executive Officer, Carlsberg Group, Denmark

James Collins Jr, Executive Vice-President, DuPont, USA

Douglas M. Baker Jr, Chairman and Chief Executive Officer, Ecolab, USA

José Antonio Fernández, Executive Chairman, FEMSA, Mexico

Jean-François van Boxmeer, Chairman of the Executive Board and Chief Executive Officer, HEINEKEN, Netherlands

Hans Van Bylen, Chief Executive Officer, Henkel, Germany

Andreas Fibig, Chairman and Chief Executive Officer, International Flavors & Fragrances, USA

Henrique Soares dos Santos, Member of the Board of Directors, Jerónimo Martins, Portugal

Keisuke Nishimura, Representative Director of the Board and Senior Executive Officer, Kirin Holdings, Japan

Levent Cakiroglu, Chief Executive Officer, Koç Holding, Turkey

Genichi Tamatsuka, Chairman and Chief Executive Officer, Representative Director, Lawson, Japan

Kinya Seto, Chief Executive Officer, LIXIL Group, Japan

Gonzalo Ramirez Martiarena, Chief Executive Officer, Louis Dreyfus, Switzerland

Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Holding, United Arab Emirates

Hugh Grant, Chairman and Chief Executive Officer, Monsanto, USA

Paul Bulcke, Member of the Board of Directors, Nestlé, Switzerland

Eric Sprunk*, Chief Operating Officer, Nike, USA

Peter A. Ruzicka, President and Chief Executive Officer, Orkla, Norway

Mehmood Khan*, Vice-Chairman, Chief Scientific Officer, Global Research and Development, PepsiCo, USA

David Taylor, Chairman of the Board, President and Chief Executive Officer, Procter & Gamble, USA

Magnus Reitan*, Chief Executive Officer, Head of Reitan Kapital, Reitan Group, Norway

Rob W. van Leen*, Chief Innovation Officer, Royal DSM, Netherlands

Pieter Nota, Chief Executive Officer, Personal Health Businesses and Chief Marketing Officer, Royal Philips, Netherlands

Takeshi Niinami, President, Chief Executive Officer, Member of the Board, Representative Director, Suntory Holdings, Japan

J. Erik Fyrwald, Chief Executive Officer, Syngenta International, Switzerland

Nerio Alessandri, Founder and Chairman, Technogym, Italy

Paul Polman, Chief Executive Officer, Unilever, United Kingdom

Doug McMillon, President and Chief Executive Officer, Walmart, USA

Robert Scott*, Managing Director, Industrials Division, Wesfarmers, Australia

Pua Seck Guan*, Chief Operating Officer and Executive Director, Wilmar International, Singapore

Svein Tore Holsether, President and Chief Executive Officer, Yara International, Norway

*Alternate to CEO/Chair

GuestsKasper Rorsted, Chief Executive Officer, Adidas, Germany

Armando Garza, Chairman, Alfa, Mexico

Mohammed Alshaya, Executive Chairman, Alshaya Group, Kuwait

Denise Morrison, President and Chief Executive Officer, Campbell Soup Company, USA

Yu Xubo, President, COFCO, People’s Republic of China

Peter Agnefjall, Chief Executive Officer, IKEA Group, Netherlands

Pablo Isla, Chairman and Chief Executive Officer, Inditex (Industria de Diseño Textil), Spain

Chip Bergh, President and Chief Executive Officer, Levi Strauss & Co., USA

Thilo Mannhardt, Chief Executive Officer, Ultrapar Participaçoes, Brazil

Consumer Industries Governors

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Industry Events in 2017 and 2018

2017

5–7 April World Economic Forum on Latin America Buenos Aires, Argentina

3–5 May World Economic Forum on Africa Durban, South Africa

10–12 May World Economic Forum on ASEAN Phnom Penh, Cambodia

19–21 May World Economic Forum on the Middle East and North Africa Dead Sea, Jordan

7–8 June Industry Strategy Meeting 2017 San Francisco, USA

27–29 June Annual Meeting of the New Champions 2017 Dalian, People’s Republic of China

4–6 October India Economic Summit New Delhi, India

2018

23–26 January World Economic Forum Annual Meeting 2018 Davos-Klosters, Switzerland

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23Consumer Industries Governors Meeting 2017

Contact Information

Lisa SweetHead of Agriculture, Food and Beverage IndustriesTel.: +41 22 869 3624E-mail: [email protected]

Christian KaufholzCommunity Lead Agriculture, Food and BeverageTel.: +1 212 703 2323E-mail: [email protected]

Petra TanosCommunity Lead Agriculture, Food and BeverageTel.: +41 22 869 3549E-mail: [email protected]

Katy Maurice-SprakeCommunity Specialist Agriculture, Food and BeverageTel.: +41 22 869 3721E-mail: [email protected]

Michele PetruzzielloCommunity Lead Lifestyle Tel.: +1 212 703 6607E-mail: [email protected]

Sarah ShellabyCommunity Lead Retail and Consumer GoodsTel.: +41 22 869 1362E-mail: [email protected]

Mayuri GhoshProject LeadSystem Initiative on Shaping the Future of ConsumptionTel.: +1 212 703 6631E-mail: [email protected]

Avery KlurfieldCommunity Specialist Retail, Consumer Goods and LifestyleTel.: +1 212 703 6641E-mail: [email protected]

Zara IngilizianHead of Consumer IndustriesHead of System Initiative on Shaping the Future of ConsumptionMember of the Executive CommitteeTel.: +1 212 703 2377E-mail: [email protected]

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World Economic Forum91–93 route de la CapiteCH-1223 Cologny/GenevaSwitzerland

Tel.: +41 (0) 22 869 1212Fax: +41 (0) 22 786 2744

[email protected]

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public–Private Cooperation.

The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.