Our resources draw on insights from the Forum and contributions from the sustainability reporting ecosystem. They focus on key topics, such as, Stakeholder Capitalism Metrics, integrated corporate governance, board diversity, convergence among standard setters and the future of a corporation. Formats include insight papers, research reports, case examples and blog posts.
This report identifies a set of Stakeholder Capitalism Metrics. Drawn from existing voluntary standards, the report offers comparable metrics and disclosures across four pillars considered the most critical for business, society and the planet. Our aim is to catalyze the convergence, simplification and standardization of the non-financial reporting ecosystem.
In September 2020, the World Economic Forum’s International Business Council released its “Stakeholder Capitalism Metrics”, which draw on an existing set of metrics and disclosures, to help companies align their main reports with environmental, social and governance (ESG) indicators and track their contributions towards the UN SDGs. With more than 150 organizations committed to the Forum’s Metrics two years on, this white paper presents the experiences of four major companies on their ESG reporting journeys. It draws on interviews with corporate leaders responsible for the sustainability reporting of their companies to highlight the practical benefits of adopting the Stakeholder Capitalism Metrics as they navigate the rapidly evolving sustainability reporting landscape.
Authors Michael O'Leary and Warren Valdmanis note that while the push in recent years for companies to commit to ESG efforts is commendable, so far, those efforts have yielded scarce results. Three accountability mechanisms are advanced in this March 2021 HBR article.
Full list of revised core and expanded metrics including sources. The document is in .xls format
A full list of the revised core and expanded set of metrics and disclosures. This document includes the sources for the various indicators.
Stakeholder capitalism has been on the rise during the pandemic. A new report outlines guidance for business leaders to apply ESG standards and reporting.
The COVID-19 pandemic plus the underlying trends of worsening inequality and climate crisis have forced business leaders to question how they operate: who they serve and how they create value for these constituents. The fundamental approach to decision-making in the boardroom lies at the heart of stakeholder capitalism.
The International Business Council has developed a set of metrics for companies to measure their progress towards implementing stakeholder capitalism.
At the 2020 Annual Meeting in Davos, 120 of the world’s largest companies supported efforts to develop a core set of common metrics and disclosures on non-financial factors for their investors and other stakeholders. This report presents the conclusions of our six-month open consultation process to define common metrics for sustainable value creation.
The role of company Boards of Directors has never been more crucial – and under review. The major technological, environmental, geopolitical and socio‑economic changes of the past two decades, together with the global humanitarian and economic crisis resulting from the Covid‑19 pandemic, are driving a re‑examination of corporate governance principles and practices, just as they are posing fundamental challenges to public governance.
As the Forum community assembles for its 50th Annual Meeting under the theme of “Stakeholders for a Cohesive and Sustainable World”, it is our expectation that this report and the discussion it generates will serve to further illuminate how companies and their investors and other stakeholders
can work together to apply the principles on which the Forum was founded, as expressed most recently in the Davos Manifesto 2020: “The Universal Purpose of a Company in the Fourth Industrial Revolution”.