The COVID-19 pandemic has demonstrated that no single institution or organisation alone can address the challenges of our complex, interdependent world. Now is the time to work together to reflect, reimagine, and reset priorities for a better future. Held from 25-29 January 2021, the World Economic Forum’s Davos Agenda virtual meeting will explore how stakeholders can collaborate to create a fairer, more sustainable world.
Our Global Chairman Bob Moritz joined a session on 25 January to talk about the policies, incentives and new metrics that are needed to steer economies towards greater inclusivity, sustainability and resilience.
The rise of automation and digitisation has transformed the world of work – increasing productivity but also creating a major societal problem: the stark mismatch of people with the right skills for available jobs. The COVID-19 pandemic has accelerated and exacerbated these trends. As a result, the need to upskill and reskill people so they can participate in the economy is more critical than ever before.
In a new report launching on the first day of the Davos meeting, PwC and the World Economic Forum will call on leaders from across sectors and geographies to work together to implement an ambitious global upskilling agenda. Using economic modelling, the report estimates the boost to global GDP from closing skills gaps.
"By giving all people opportunities to build the skills they will need to fully participate in the future workplace, we can start to create more inclusive and sustainable economies where no one is left behind. We’re calling on governments, business leaders, and educators to join us in implementing an ambitious global upskilling agenda.”
Non-financial reporting is key to achieving the systemic economic reform the world needs to address issues like climate change and social inclusion. Why? Because reporting doesn’t just measure change, it incentivises change. Stakeholders and investors need non-financial information that is as comparable and robust as the financial information they have access to today. At PwC, we are strongly supportive of a transition to a single set of global sustainability reporting standards that is aligned with the vital elements of a thriving economy, planet and society. The World Economic Forum’s Stakeholder Capitalism Metrics are a valuable step forward.
How can governments and public sector leadership harness the uptake of advanced technologies to accelerate action on the UN Sustainable Development Goals? PwC has collaborated with the World Economic Forum on a new report that sheds light on this issue. The report supports 2030Vision – a public-private partnership by the Forum that facilitates knowledge and resource sharing, government capacity development, networks of providers and users, and supports the channelling of finance to fast-track new solutions for the Global Goals.
Director, Global Corporate Affairs and Communications, PwC United Kingdom
Tel: +44 7803 974136
Senior manager, Global communications, PwC Switzerland
Tel: +41 79 599 9567