Stakeholder Principles in the COVID Era
Summary
A statement from the World Economic Forum and business leaders pledging to apply 'stakeholder capitalism' during the COVID-19 crisis through specific commitments to employees, suppliers, consumers, governments, and shareholders, while continuing efforts toward the Paris climate agreement and UN Sustainable Development Agenda.
Key insights
- Business leaders endorse five specific Stakeholder Principles in the COVID Era: protecting employee safety and adapting to new working conditions; securing shared business continuity with suppliers and customers; maintaining fair prices and commercial terms for essential supplies for consumers; offering full support to governments and society; and ensuring the long-term viability and sustained value for shareholders.
- The signatories commit to continuing their sustainability efforts without interruption to help achieve the United Nations Sustainable Development Agenda and the Paris climate agreement.
Cite the original document
- APA
- World Economic Forum (2020). Stakeholder Principles in the COVID Era. http://www3.weforum.org/docs/WEF_Stakeholder_Principles_COVID_Era.pdf
- Chicago
- World Economic Forum. Stakeholder Principles in the COVID Era. 2020. http://www3.weforum.org/docs/WEF_Stakeholder_Principles_COVID_Era.pdf.
- Wikipedia
- {{cite press release |author=World Economic Forum |title=Stakeholder Principles in the COVID Era |date=April 2020 |url=http://www3.weforum.org/docs/WEF_Stakeholder_Principles_COVID_Era.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{worldeconomicforum2020stakeholder, author = {{World Economic Forum}}, title = {{Stakeholder Principles in the COVID Era}}, publisher = {World Economic Forum}, year = {2020}, month = apr, url = {http://www3.weforum.org/docs/WEF_Stakeholder_Principles_COVID_Era.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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