Measuring Stakeholder Metrics: Disclosures
Summary
The World Economic Forum's third ESG disclosure report details progress in governance, workforce development, and environmental impact. Key highlights include a 90% completion rate for Code of Conduct training, a 45% increase in the learning budget to CHF 1.4 million, and a 37.7% reduction in emissions compared to the 2019-2020 baseline, despite a year-on-year increase due to the return of in-person events.
Key insights
- The World Economic Forum increased its internal governance training, with in-house Code of Conduct training rates reaching 90% during the 2022-2023 period.
- To support workforce development, the Forum increased its learning budget by 45% to CHF 1.4 million and hired 45 participants through its Early Careers Programme. Workforce diversity grew to include 95 nationalities.
- While the Forum's emissions decreased by 37.7% relative to the fiscal year 2019-2020 baseline, CO2e emissions rose 48.8% year-on-year to 60,711 tonnes as of June 2023 due to the return of in-person events. Scope 3 emissions, comprising travel by constituents and stakeholders, represented 98.6% of the total.
- The Forum is working toward a net zero goal by 2030, utilizing carbon removal credits, adhering to the UN Global Compact, and investing in a new green energy plant in Davos.
Cite the original document
- APA
- World Economic Forum (2023). Measuring Stakeholder Metrics: Disclosures. https://www.weforum.org/publications/measuring-stakeholder-metrics-disclosures/
- Chicago
- World Economic Forum. Measuring Stakeholder Metrics: Disclosures. 2023. https://www.weforum.org/publications/measuring-stakeholder-metrics-disclosures/.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Measuring Stakeholder Metrics: Disclosures |date=13 September 2023 |url=https://www.weforum.org/publications/measuring-stakeholder-metrics-disclosures/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2023measuring, author = {{World Economic Forum}}, title = {{Measuring Stakeholder Metrics: Disclosures}}, institution = {World Economic Forum}, year = {2023}, month = sep, url = {https://www.weforum.org/publications/measuring-stakeholder-metrics-disclosures/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated