Stakeholders for a Cohesive and Sustainable World
Summary
The World Economic Forum's report identifies over 160 'Lighthouse Projects'—multistakeholder initiatives and corporate leadership efforts—designed to provide scalable evidence for achieving a sustainable and inclusive global economy. These projects are categorized into six strategic imperatives: Society, Economy, Ecology, Technology, Geopolitics, and Industry. The report argues that such projects create 'tipping point' political opportunities by providing the evidence and societal support necessary for governments to implement long-term systemic reforms. Key examples include the Mission Possible Platform for heavy industry decarbonization, the Global Plastic Action Partnership, and various 'Accelerators' focused on closing skills and gender gaps. The document concludes with the Davos Manifesto 2020, which defines the universal purpose of a company as engaging all stakeholders in shared and sustained value creation.
Key insights
- The report identifies over 160 "Lighthouse Projects" which are defined as being multistakeholder, transformative, future-oriented, well-championed by industry, and having growth potential or being replicable.
- The World Economic Forum argues that 'Lighthouse Projects' serve as essential demonstrations of success that can create a “tipping point” political opportunity, providing governments with the evidence and confidence needed to enact long-term integrated political agendas.
- In the area of ecology and climate, the Mission Possible Platform aims to enable heavy industry and mobility sectors to reach net-zero emissions by mid-century with an estimated economic cost of less than 0.5% of global GDP.
- The report highlights several 'Accelerators' designed to close systemic gaps: the Closing the Skills Gap Accelerators aim to equip over 100 million people with future-ready skills, and the Closing the Gender Gap Accelerators aim to improve economic opportunities for 25 million women by the end of 2020.
- The document notes a significant global infrastructure investment gap of $15 trillion between projected investment and the amount needed by 2040, according to the G20 Global Infrastructure Hub.
- Regarding plastic pollution, the Alliance to End Plastic Waste, a coalition of over 40 companies, has pledged nearly $1 billion with a goal to deploy $1.5 billion over five years to manage plastic waste.
- The report identifies a critical need for the 'Fourth Industrial Revolution' to be governed agiley to mitigate risks such as the misuse of data by global technology platforms and the disruption of jobs.
- The Davos Manifesto 2020, included in the report, asserts that a company's purpose is to engage all stakeholders—including employees, customers, suppliers, local communities, and society—in shared and sustained value creation, rather than serving only shareholders.
Cite the original document
- APA
- World Economic Forum (2020). Stakeholders for a Cohesive and Sustainable World. http://www3.weforum.org/docs/WEF_Lighthouse_Project_Report.pdf
- Chicago
- World Economic Forum. Stakeholders for a Cohesive and Sustainable World. 2020. http://www3.weforum.org/docs/WEF_Lighthouse_Project_Report.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Stakeholders for a Cohesive and Sustainable World |date=January 2020 |url=http://www3.weforum.org/docs/WEF_Lighthouse_Project_Report.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2020stakeholders, author = {{World Economic Forum}}, title = {{Stakeholders for a Cohesive and Sustainable World}}, institution = {World Economic Forum}, year = {2020}, month = jan, url = {http://www3.weforum.org/docs/WEF_Lighthouse_Project_Report.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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