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1、Measuring Stakeholder Metrics:Disclosures2022-2023ContentsIntroduction 31 Principles of Governance Pillar 42 People Pillar 123 Planet Pillar 284 Prosperity Pillar 38Disclaimer This document is published by the World Economic Forum as a contribution to a project,insight area or interaction.The findin

2、gs,interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum,nor the entirety of its Members,Partners or other stakeholders.This st

3、akeholder metrics report covers the period 2022-2023 and represents the status as of 30 June 2023.2023 World Economic Forum.All rights reserved.No part of this publication may be reproduced or transmitted in any form or by any means,including photocopying and recording,or by any information storage

4、and retrieval system.Measuring Stakeholder Metrics:Disclosures 2022-20232Measuring Stakeholder Metrics:Disclosures 2022-20233The Measuring Stakeholder Metrics:Disclosures report reveals the World Economic Forums performance on four pillars of environmental,social and corporate governance(ESG):Princi

5、ples of Governance,People,Planet and Prosperity.As noted in the Forums second ESG report last year:“By measuring ESG performance,it becomes possible to better manage it.”This third edition increases the depth of existing measures,showing a more holistic picture of impact through the organizations wo

6、rk.Over the reporting period,the gradual improvements observed last year continued.The Forum is a public interest,not-for-profit organization committed to improving the state of the world.The Principles of Governance Pillar shows that this ethos is central to all its activities,with an emphasis on m

7、ultistakeholder collaboration and public-private cooperation.It maintains and integrates a robust process to continuously identify and assess risks to governance,from internal auditing and personnel training rates of in-house Code of Conduct training increased to 90%during 2022-2023 to providing pub

8、lic value around this topic,including the production of its flagship Global Risks Report and its Partnering Against Corruption Initiative.As the People Pillar reveals,the Forum has been preparing its workforce for the future of work.It increased its learning budget by 45%over the past year to CHF1.4

9、 million,to reinforce and expand offers established in the previous year and to open additional programmes and more spaces to learners.It also started a process of reporting on learning and development opportunities.Additionally,the Forum significantly increased its hiring and upheld its Early Caree

10、rs Programme aimed at young professionals,with 45 participants hired in the year,and a large portion of previous cohorts hired into permanent roles:33%from the first cohort and 54%from the second cohort of the programme.Progress was also made in enhancing the diversity of the workforce,with the numb

11、er of nationalities represented rising to 95.There was greater gender balance at most levels of the organization.As stated in the Planet Pillar,the Forum pursued its efforts to reduce emissions in line with its commitment to achieve net zero by 2030.In comparison to the baseline of fiscal year 2019-

12、2020,emissions decreased by 37.7%but,as in-person events returned to the calendar,CO2e emissions increased by 48.8%year-on-year to reach 60,711 tonnes as of June 2023.Scope 3 emissions,which include flights and travel of Forum constituents and stakeholders,accounted for 98.6%of these emissions.The F

13、orum continued to purchase carbon removal credits to offset emissions and maintained its adherence to the UN Global Compact.Additionally,the Forum invested in building a new energy plant in Davos to provide green energy and reduce CO2 emissions in the future.More broadly,the Forum mobilized its plat

14、form structure and convening power to support nature,climate,economic transformation and technology initiatives,including new efforts this year to address nature loss and freshwater availability.Social value creation is at the heart of the Forums mission,as the Prosperity Pillar shows.Over the last

15、year,the organization maintained its significant indirect economic impact through the work of its centres and events to promote collaboration between society,political and business leaders in the service of enhancing socio-economic progress.Additionally,in the reporting period,the Forums investments

16、 in its One Digital strategy and the Global Collaboration Village helped Forum communities pursue their efforts to tackle the worlds most complex challenges more efficiently.At events,such as the World Economic Forum Annual Meeting,the Forum supported the prosperity of the areas local communities.Fo

17、r example,collaboration with Davos restaurants helped fund local youth group initiatives,while non-reusable furniture and plants were offered to the community through the GreenUp initiative.This stakeholder metrics report,audited by Mazars,and the developing picture that the Forum is creating of its

18、 performance and impact,reveals just how much more there is to annual reporting than a set of financial measures.As with everything it does,the Forum strives to be transparent,using this report as a tool for its leadership and all those who engage with the organization,to ensure that it remains acco

19、untable to its aims and mission.IntroductionMeasuring Stakeholder Metrics:Disclosures 2022-20234Principles of Governance Pillar1Governing PurposeMETRICCORE METRICEXPANDED METRICRESPONSEStated purpose The companys stated purpose,as the expression of the means by which a business proposes solutions to

20、 economic,environmental and social issues.Corporate purpose should create value for all stakeholders,including shareholders.Purpose-led management How the companys stated purpose is embedded in company strategies,policies and goals.The World Economic Forum is a public-interest,not-for-profit interna

21、tional organization solely devoted to its purpose of“committed to improving the state of the world”.The Forum achieves this purpose by serving as a comprehensive and integrated platform for public-private cooperation.For more information on the Forums stated purpose,please refer to the Forums statut

22、es and regulations.The most relevant SDG for this metric is SDG 17:Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development SDG target 17.16:Share knowledge,technology and finance.The most relevant SDG for this metric is SDG 17:Strengthen the means of

23、implementation and revitalize the Global Partnership for Sustainable Development SDG target 17.16:Share knowledge,technology and finance.The Forums stated purpose is embedded in all of the activities it undertakes.All Forum initiatives and activities require multistakeholder collaboration.In additio

24、n,the Forums Board of Trustees,through its various committees(Governing Board,Audit and Risk Committee,Investment Committee),provides the necessary governance oversight to ensure alignment with the Forums strategies,policies and goals in achieving its mission.The results of these efforts are also re

25、flected each year in the Forums Annual Report.Measuring Stakeholder Metrics:Disclosures 2022-20235Quality of Governing BodyMETRICCORE METRICRESPONSEGovernance body composition Composition of the highest governance body and its committees by:competencies relating to economic,environmental and social

26、topics;executive or non-executive;independence;tenure on the governance body;number of each individuals other significant positions and commitments,and the nature of the commitments;gender;membership of under-represented social groups;stakeholder representation.The Forum is legally established as a

27、foundation under the supervision of the Swiss federal authorities.The Board of Trustees supervises the Forums activities and its respective bodies.Board members are elected by appointment,and the composition of the Board consists of a diverse group of stakeholders representing global society(interna

28、tional organizations,government,business,civil society,academia and think-tanks)who advance Forum values and objectives on the most critical issues related to economics,society,the environment and technology.Trustees of the World Economic Forum are all accomplished and respected leaders in their own

29、 fields.Serving on the Board of Trustees is based solely on the will to actively contribute to the Forums mission.Board members do not receive remuneration for serving on the Board.Their individual calibre,combined with the diversity of their respective backgrounds,ensures that the Board delivers it

30、s oversight duties independently of any vested interest and focuses solely on the Forums mission.On 30 June 2023,the Board of Trustees had 28 members(10 women and 18 men),with an average tenure of three terms.More information on the Forums governing body is available in the Forums statutes and regul

31、ations.A list of members of the Board of Trustees and further information can be found in the Leadership and Governance section of the Forums website.The most relevant SDG for this metric is SDG 16:Promote just,peaceful and inclusive societies SDG target 16.7:Ensure responsive,inclusive,participator

32、y and representative decision-making at all levels.Measuring Stakeholder Metrics:Disclosures 2022-20236Stakeholder EngagementMETRICCORE METRICRESPONSEMaterial issues impacting stakeholdersA list of the topics that are material to key stakeholders and the company,how the topics were identified and ho

33、w the stakeholders were engaged.Based on its purpose,the Forum contributes through collaborative efforts towards making progress in the following areas:1.Designing cohesive,sustainable and resilient economic systems2.Enhancing the stewardship of the global commons3.Harnessing the technologies of the

34、 Fourth Industrial Revolution4.Driving responsible industry transformation and growth5.Advancing global and regional cooperationThrough these five areas,which cut across all metrics included in the environmental,social and governance(ESG)pillars,the Forum serves as a catalyst of global progress.The

35、Forum integrates these pillars and the SDGs in its day-to-day operations.As a consequence,most metrics covered by the Forums ESG reporting are assessed as material for both internal and external stakeholders.The process of topic identification and stakeholder engagement is supported on an ongoing ba

36、sis through relevant Forum meetings,workshops,surveys,reports and continual interactions(both virtual and in-person)with business,government and civil society leaders.This process is also reinforced through the Forums governance bodies(i.e.Board of Trustees and Managing Board),as well as the governa

37、nce mechanisms for specific activities and initiatives(i.e.Governors and Stewards).Having pioneered the concept of stakeholder engagement and defined stakeholder capitalism as early as 1973,the World Economic Forum has five decades of experience in convening leaders from various stakeholder groups a

38、nd engaging their insights and experience to help frame issues and address priorities.The most relevant SDG for this metric is SDG 17:Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development SDG target 17.16:Share knowledge,technology and finance.Measu

39、ring Stakeholder Metrics:Disclosures 2022-20237Ethical BehaviourMETRICCORE METRICRESPONSEAnti-corruption1.Total percentage of governance body members,employees and business partners who have received training on the organizations anti-corruption policies and procedures,broken down by region.a.Total

40、number and nature of incidents of corruption confirmed during the current year but related to previous years.b.Total number and nature of incidents of corruption confirmed during the current year,related to this year.1.As the International Organization for Public-Private Cooperation,the Forum takes

41、its role of trust builder very seriously and builds its actions on the fundament of strong ethical standards.Before engaging with any third party,the Forum performs a due diligence review covering,among others,ethical standards,reputational considerations and the approach a company took in addressin

42、g any concerns in this area.The Code of Conduct,Code of Conduct for Vendors and Code of Conduct for Grant Recipients contain clear provisions about ethical conduct and compliance with anti-corruption regulations.These codes are incorporated by reference in Forum standard contractual terms used to en

43、gage with partners,vendors and grant recipients.The Forums standard partnership/membership agreement and collaboration agreement also include provisions that mandate the safeguarding of key ethical principles,such as human dignity,non-discrimination,fair treatment,health and safety,good governance,f

44、air labour practice,fair competition,environmental protection,animal welfare,business integrity,ethical business,anti-corruption,social responsibility,economic sustainability and the rule of law,business integrity and anti-corruption,by the Partner or member,and give the Forum the right to terminate

45、 the companys partnership or membership if such principles are violated.The Forum uses the Transparency International definition of“corruption”as“the abuse of entrusted power for private gain”.This definition is intentionally broad and is not limited to activities identified as criminal in jurisdict

46、ions where the Forum operates,nor is it limited to transactions involving government officials.Policies and procedures in place allow the identification of behaviours and transactions that meet the above definition and,based on this,permit appropriate and timely disciplinary and remedial actions.Eve

47、ry new World Economic Forum employee(including managers and executives)is required to take Code of Conduct e-training within 90 days of their start date.This obligation extends beyond Forum employees to“contingent workers”,who include Fellows and consultants given access to Forum systems.For the pur

48、pose of this metric,employees and contingent workers are referred to collectively as Forum staff.They are automatically registered for the Code of Conduct training shortly after their hiring date and prompted by the Human Capital Management system to complete it(together with other mandatory on-boar

49、ding e-training)within 90 days.The system keeps track of it through to completion.The Forum targets a Code of Conduct training completion rate of 100%of staff,excluding new joiners(i.e.staff who started working for the Forum 90 days or less ago).As of 30 June 2023,the overall completion rate of empl

50、oyees was 90%(vs 86%as of 30 June 2022).The completion rate was 93%(vs 87%as of 30 June 2022)for the World Economic Forum LLC(Forum employees based in the United States)and 90%(vs 86%as of 30 June 2022)for Forum employees based in Geneva and all other offices combined.As of 30 June 2023,the overall

51、completion rate of all Forum staff(employees,Fellows and contractors)was 74%(vs 69%as of 30 June 2022).The completion rate was 73%(vs 68%as of 30 June 2022)for the World Economic Forum LLC and 74%(vs 69%as of 30 June 2022)for Forum staff based in Geneva and staff of all other offices combined.1a and

52、 1b:As of 30 June 2023,the total number of confirmed incidents of corruption during the current financial year was:a.related to previous years,one case of conflict of interest was identified,which was immediately addressed with appropriate investigative action and dismissal of the employee involvedb

53、.related to this year,there were no cases of corruptionMeasuring Stakeholder Metrics:Disclosures 2022-202382.The World Economic Forum also engages its Partner companies and governments to actively address corruption using its multistakeholder and systemic approach to global issues through the Partne

54、ring Against Corruption Initiative(PACI).Launched in 2004,PACI serves as the principal CEO-led platform in the global anti-corruption arena,building on the pillars of public-private cooperation,responsible leadership and technological advances.With over 80 signatories from different sectors around t

55、he globe,PACI serves as the leading business voice on anti-corruption and integrity.2.Discussion of initiatives and stakeholder engagement to improve the broader operating environment and culture,in order to combat corruption.The most relevant SDG for this metric is SDG 16:Promote just,peaceful and

56、inclusive societies SDG target 16.5:Substantially reduce corruption and bribery in all their forms.The most relevant SDG for this metric is SDG 16:Promote just,peaceful and inclusive societies SDG target 16.5:Substantially reduce corruption and bribery in all their forms.METRICCORE METRICRESPONSEPro

57、tected ethics advice and reporting mechanismsA description of internal and external mechanisms for:1.Seeking advice about ethical and lawful behaviour,and organizational integrity.2.Reporting concerns about unethical or unlawful behaviour,and organizational integrity.1.The Forums Legal and Complianc

58、e team supports the management as well as employees by providing advice on legal,compliance and corporate governance matters,including but not limited to ethical and lawful conduct and organizational integrity.The Code of Conduct and the Legal and Compliance policies and online training modules prov

59、ide guidance to employees on ethical and lawful behaviour.The Forums Code of Conduct and the related policies and procedures(conflicts of interests,anti-corruption,gift and entertainment policies)are accessible to all employees through the intranet.The invitation to speak up freely and the prohibiti

60、on of retaliation are explicitly presented in the Forums Code of Conduct,in the anti-corruption policy,as well as in the Code of Conduct for Vendors and in the Code of Conduct for Grant Recipients.2.The Forum provides various ways for employees to raise their concerns about unethical or unlawful beh

61、aviour,and organizational integrity.They may choose to:Speak with their line manager or the Managing Director supervising their team Contact the People and Culture team Use the Integrity Reporting Platform,hosted by an external provider;this platform creates a two-way communication channel between t

62、he Forum and the Reporter,while giving the Reporter the option to remain anonymousThe processes for handling any concern with these matters as well as the workflow for the management of any reported concern are described under the Forums Integrity Reporting Policy.Measuring Stakeholder Metrics:Discl

63、osures 2022-20239METRICEXPANDED METRICMETRICEXPANDED METRICRESPONSERESPONSEAlignment of strategy and policies on lobbyingThe significant issues that are the focus of the companys participation in public policy development and lobbying;the companys strategy relevant to these areas of focus;and any di

64、fferences between its lobbying positions and its purpose,stated policies,goals or other public positions.Monetary losses from unethical behaviourTotal amount of monetary losses as a result of legal proceedings associated with fraud,insider trading,anti-trust,anti-competitive behaviour,market manipul

65、ation,malpractice or violations of other related industry laws or regulations.The Forum does not engage in any lobbying activities(which are clearly distinguished from advocacy),in accordance with article 4 of the Forums statutes:“The Forum is independent and does not pursue any political or ideolog

66、ical interests.In its activities,the Forum proves in all circumstances its independence and impartiality.”The most relevant SDG for this metric is SDG 16:Promote just,peaceful and inclusive societies SDG target 16.5:Substantially reduce corruption and bribery in all their forms.The Forum did not rec

67、ord any monetary loss over FY-22/23 as a result of legal proceedings associated with fraud,insider trading,anti-trust,anti-competitive behaviour,market manipulation,malpractice or violations of other related industry laws or regulations.Measuring Stakeholder Metrics:Disclosures 2022-202310METRICCORE

68、 METRICRESPONSEIntegrating risk and opportunity into business processesCompany risk factor and opportunity disclosures that clearly identify the principal material risks and opportunities facing the company specifically(as opposed to generic sector risks),the company appetite in respect of these ris

69、ks,how these risks and opportunities have moved over time and the response to those changes.These opportunities and risks should integrate material economic,environmental and social issues,including climate change and data stewardship.Risk and Opportunity OversightRisk:One of the Forums flagship pub

70、lications is The Global Risks Report,released every year in January and regarded worldwide as a key source of leaders insights on perception and expectations for the new year.In the 2023 edition,six of the top 10 risks over a 10-year period identified in the report were linked to the environment.The

71、 first of these top 10 risks,identified as“Failure to mitigate climate change”,exemplifies the importance for the Forum of keeping climate on its agenda to stay relevant and operating in a way that is consistent with the climate crisis in order not to damage the Forums credibility as a climate actio

72、n leader.Besides this essential publication,the Forum places great value on its effective internal enterprise risk management framework,which is reviewed and enhanced every year.Furthermore,on the basis of the Forums strategy,potential deviations from the set goals are assessed and their impact on t

73、he organization are evaluated.Therefore,the Forum maintains and integrates a robust process to continuously identify and assess its most important risks.The approach includes multiple interviews with Senior Management and determining meaningful measures to address and mitigate the Forums key risks.I

74、t is essential for the Forum to have a profound understanding of its risks and to ensure that these are addressed adequately.The Forum understands that risks that occur simultaneously are particularly dangerous for an organization.Therefore,it also produces a risk dependency matrix where the correla

75、tion between the occurrence of risks is measured and illustrated.The Audit and Risk Committee of the Board of Trustees directs the Forum on risk management at the advice of the Chief Legal Officer and the Head of Risk,Assurance and Process Improvement.A report is produced yearly.Changes to the organ

76、izations risk landscape are monitored during the year,and any relevant changes are communicated to the Audit and Risk Committee and the Managing Board.Opportunity:Through its governance bodies as well as its many communities and activities,the World Economic Forum is continuously tuned in to the cha

77、nging global landscape and is thus well positioned to anticipate trends,identify threats and recognize opportunities where public-private cooperation is required to create a more inclusive,sustainable and resilient world.For example,the EDISON Alliance,convened by the Forum,aims to advance digital i

78、nclusion by helping to provide affordable access to digital services to 1 billion people by 2025.The Alliance represents an unprecedented collaboration between the information and communication technologies community and the health,education and finance sectors,all committed to driving systems chang

79、e.Launched in January 2021,the Alliance comprises 50 CEOs and ministers and 100 organizations across sectors and industries.To date,it has positively impacted the lives of 454 million people through 250 initiatives in 90 countries,representing 45%of the 2025 target.The First Movers Coalition seeks t

80、o harness the purchasing power of leading global companies to unlock the potential of the emerging technologies needed to decarbonize the world by 2050.The Coalition is marshalling leading companies to apply their purchasing power to create guaranteed early markets for advanced technologies to scale

81、 up the next generation of net-zero solutions for carbon-intensive sectors.The Coalition represents an unprecedented,credible demand signal of over$12 billion for clean technologies and solutions that are necessary to decarbonize hard-to-abate sectors.This global programme has members in 22 countrie

82、s on four continents.1t.org is part of the World Economic Forums efforts to accelerate nature-based solutions.It was set up to support the UN Decade on Ecosystem Restoration.Since its launch in 2020,over 80 companies have pledged to conserve,restore and grow more than 7 billion trees in over 65 coun

83、tries.Another example is the Forums Reskilling Revolution platform,which aims to provide 1 billion people with better education,skills and economic opportunities by 2030.Since its launch in Measuring Stakeholder Metrics:Disclosures 2022-202311January 2020,the initiative has reached over 350 million

84、people worldwide,providing learners and workers with the education,reskilling and upskilling opportunities needed to prepare for the future economy and society.These kinds of innovative public-private partnerships provide a new way to address the climate crisis and economic and social issues by comb

85、ining the market and purchasing power of the private sector with the convening power of governments.The most relevant SDG for this metric is SDG 17:Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development SDG target 17.17:Encourage and promote effectiv

86、e public,private and civil society partnerships.METRICEXPANDED METRICRESPONSEEconomic,environmental and social topics in the capital allocation frameworkHow the highest governing body considers economic,environmental and social issues when overseeing major capital allocation decisions,such as expend

87、itures,acquisitions and divestments.Main CapEx decisions:For the internal and external refurbishing of its premises in Geneva,Switzerland,which represented significant investment over the past fiscal year,the Forum deliberately selected materials and contractors based on three main pillars:heritage

88、conservation,social empowerment and environmental preservation.The Forum imposed on its vendors and contractors strict adherence to its Code of Conduct for Vendors.The Code sets clear standards in terms of business conduct,environmental protection as well as labour and human rights.Financial capital

89、 allocation:please refer to the Total social investment metric under the Community and Social Vitality theme in the Prosperity Pillar.12Stakeholder Metrics Report 2022-2023People Pillar2Dignity and EqualityMETRICCORE METRICRESPONSEFor all metrics,“employees”are defined as persons with full-or part-t

90、ime employment agreements with the World Economic Forum in its locations in Switzerland,the United States,Japan,China and India(unless otherwise stated).This includes regular or permanent as well as temporary or fixed-term employees(including Early Careers Programme participants),but excludes intern

91、s,Fellows seconded from external organizations,consultants or people working at Forum premises with employment contracts elsewhere,e.g.Forum suppliers.Diversity and inclusionPercentage of employees per employee category,by age group,gender and other indicators of diversity(e.g.ethnicity).On 30 June

92、2023,the total headcount was 907 across all Forum offices,an increase of 8.4%over last years figure of 837.Employees distinct nationalities,primary and additional,numbered 95,one more than in the last reporting period.Both nationalities of employees with dual citizenship were counted in the total nu

93、mber of distinct nationalities.A slight majority of employees(51%)had European nationality.The data shows a small percentage of unknown nationalities because the Forum is not allowed to ask for the nationality of employees in the US offices;the law only allows asking staff if they are authorized to

94、work in the United States.For Americans whose nationalities are confirmed,some of whom work in the office in Switzerland,this data is reflected in the following charts.Due to similar legal restrictions on collecting race and ethnicity data,the Forum does not have adequate information to report on th

95、is dimension.This report focuses on data that covers complete information for all employees in all Forum locations:nationalities(including by region),gender and age groups.Measuring Stakeholder Metrics:Disclosures 2022-202313As the historical data shows,the Forum consistently employs more women than

96、 men:female employees made up 60%of the workforce in FY-20/21,62%in FY-21/22 and 60%in FY-22/23.Nationalities(%)as of 30 June,2021-2023Headcount evolution by gender,2021-20231009080706050403020100EuropeNorth AmericaUnknownFY-22/23FY-21/22FY-20/21Asia PacificLatin AmericaMiddle East&Africa95nationali

97、ties94nationalities85nationalities52522018171718511532237984310009008007006005004003002001000FemaleMaleFY-20/2160%female62%female60%femaleFY-21/22FY-22/23434288516321548359The data on gender is further segmented by hierarchical level,with staff positions at the Forum organized into four main levels

98、in addition to the Managing Board.Most employees are employed in Level 1(34.5%)and Level 2(47.2%)roles,which together account for 81.7%of the total headcount.The remaining 18.3%is distributed between Level 3(13%),Level 4(4.2%)and Managing Board members(1.1%).The four levels are differentiated mainly

99、 by the contribution and impact expected at each progressive level,with Level 1 consisting primarily of entry-level individual contributor roles that require a high level of supervision,and Level 4 comprising senior professionals who are accountable for establishing group-wide priorities and achievi

100、ng organizational objectives.The leadership levels at the Forum are generally considered to be Level 3 and above(18.3%of the total headcount),where many employees have accountability for teams and budgets.0102030405060708090100FY-22/23FemaleMaleManaging BoardManaging BoardManaging BoardLevel 4Level

101、4Level 4Level 3Level 3Level 3Level 2Level 2Level 2Level 1Level 1Level 1FY-21/22FY-20/21293320263138505046616262687071716780746962505054393838323029Measuring Stakeholder Metrics:Disclosures 2022-202314Female and male representation by level(%),2021-2023Representation by level(%),2021-2023The followin

102、g tables provide gender data by level over the past three years.With the Managing Board 30%smaller this year than at the same time last year(7 Managing Board Members instead of 10),the percentage of female representation on the Board reduced slightly to 29%.A similar decrease in the overall populati

103、on at the leadership level,Level 4,also took a proportionate toll on female representation at that level,which was 26%at the end of this fiscal year.As the Forum continued to rebuild its leadership ranks after the COVID-19 pandemic,it committed to hiring and developing more female leaders to improve

104、 upon these figures.The representation of men and women at the other levels remained similar to previous years,with a slight increase in the percentage of male employees at the lower level of the organization(from 29%to 32%over the past three years)and a corresponding decrease in the percentage of w

105、omen at the same level(from 71%to 68%).While much progress remains to be made,this trend is positive,helping to correct the current over-representation of women at the more junior levels of the organization.Measuring Stakeholder Metrics:Disclosures 2022-202315In terms of generational diversity at th

106、e Forum,the median age as of June 2023 was 36.The overall distribution of generations across the employee population held steady from last year,with Gen Y(1981-1996)representing the greatest share of employees at the Forum,at 69%.The proportion of employees from Gen Z(born after 1997)also increased

107、over the last year to 6%from 4%last year,while the share of those born between 1965 and 1980 decreased by two percentage points.The following chart shows the age distribution and evolution over the past three years:Generations(%),2021-20231009080706050403020100Baby Boomers(1946-1964)Gen X(1965-1980)

108、202120222023Gen Y(1981-1996)Gen Z(1997 and onwards)Median age36Median age36Median age37326426682246962314FY-22/23 presented opportunities to further embed inclusion into people practices,in addition to the commitment to people development.The Forum continued to broaden access to all learning and dev

109、elopment offerings,presenting an inclusive range and scale across roles and levels.The Coaching Programme was opened to all employees wishing to apply,offering access to a network of over 2,000 coaches,allowing each individual to select coaching in their native language and cultural context.This dim

110、ension of the reporting is aligned with SDG Goal 10.2:By 2030,empower and promote the social,economic and political inclusion of all,irrespective of age,sex,disability,race,ethnicity,origin,religion or economic or other status.METRICCORE METRICRESPONSEPay equalityRatio of the basic salary and remune

111、ration for each employee category by significant locations of operation for priority areas of equality:women to men,minor to major ethnic groups,and other relevant equality areas.For over a decade,the Forum has licensed a proprietary regression model to conduct an equal salary analysis and used the

112、results of that assessment to address outlying cases where observable salary differences were attributable solely to gender.The most recent salary assessment in Switzerland,conducted by PwC in June 2021 and audited by Mazars,confirmed that the Forum met Swiss legal requirements for equal remuneratio

113、n,with observable differences between salaries paid to women and men averaging less than 5%.As of 2021,the same principle also held in the results of a salary audit conducted voluntarily in the US offices.In July 2023,the Forum renewed its agreement with PwC to conduct a salary analysis using the sa

114、me proprietary model in the offices in Switzerland and the United States.The results of this assessment will only be available later in 2023 and will be shared in the next Annual Report.Reporting on this dimension helps to make progress on SDG 8.5:By 2030,achieve full and productive employment and d

115、ecent work for all women and men,including for young people and persons with disabilities,and equal pay for work of equal value.121086420BeijingGenevaFY-22/23FY-21/22FY-20/21MumbaiTokyoUS offices7.81.54.72.61.37.71.56.82.51.910.81.66.52.81.6Measuring Stakeholder Metrics:Disclosures 2022-202316METRIC

116、CORE METRICRESPONSEWage level1.Ratios of standard entry-level wage by gender compared to local minimum wage.2.Ratio of the annual total compensation of the CEO to the median of the annual total compensation of all employees except the CEO.1.In September 2021,the Forum updated its broadband pay range

117、s,which had been reviewed last in 2019.The Forum partnered with the Birches Group,a salary benchmark data provider that conducted an expert independent market assessment using in-country salary data from data sources that included the ranges of multinational employers in consulting and other knowled

118、ge industries,comparable international organizations and not-for-profit organizations.Later in 2023,the Forum will embark on a review of the compensation and benefits offerings to ensure continued competitiveness in the markets where the Forum operates.The following table compares entry-level salari

119、es with local minimum wages in the countries of operation.While this years figures are comparable with those of previous years,the largest difference can be seen in Beijing,where the Forum adjusted the entry-level salaries to be competitive in a difficult labour market for highly skilled multilingua

120、l talent.In all locations,the entry-level salaries were the same for men and women.2.The ratio of the annual total compensation of the President(CEO equivalent)of the World Economic Forum to the median of annual total compensation of all employees except the President was 9.94 to 1 on 30 June 2023.I

121、n 2022,this ratio was 10.16 to 1,and in 2021 it was 8.22 to 1.This ratio thus fell slightly over the past year.YearFY-20/21FY-21/22FY-22/23Ratio of CEO compensation to all-employee median8.2210.169.94Entry-level salary as a multiple of local minimum wage,2021-2023Measuring Stakeholder Metrics:Disclo

122、sures 2022-202317METRICEXPANDED METRICRESPONSEPay gap1.Mean pay gap of basic salary and remuneration of full-time relevant employees based on gender(women to men)and indicators of diversity(e.g.Black,Asian and minority ethnic communities to non-Black,non-Asian and non-minority ethnic communities)at

123、a company level or by significant location of operation.2.Ratio of the annual total compensation for the organizations highest paid individual in each country of significant operations to the median annual total compensation for all employees(excluding the highest paid individual)in the same country

124、.1.As in previous years,the Forum allocated a slightly higher percentage of the salary review budget to womens salaries,helping to address pay inequities where identified.A formal equal salary assessment will be conducted later in 2023 and the results will be shared in the next Annual Report.1098765

125、43210MenWomenFY-22/23FY-21/22FY-20/21Average4.14.64.499.39.26.16.56.42.For the purposes of this analysis,offices in Switzerland and the United States are considered significant locations of operation.The ratio of the annual total compensation for the highest paid individual to the median annual tota

126、l compensation for all employees(excluding the highest paid individual)are shown in the chart.While the ratio in Switzerland fell slightly over the past year,there was a significant reduction in the same ratio for the Forum in the United States over the same period,due to the fact that a Managing Bo

127、ard member is no longer US-based.YearSwitzerland ratioUnited States ratioFY-20/21(30 June 2021)7.80 to 15.50 to 1FY-21/22(30 June 2022)10.0 to 15.45 to 1FY-22/23(30 June 2023)9.71 to 13.79 to 1Reporting on wage level and pay gap helps the Forum make progress on SDG 8.5:By 2030,achieve full and produ

128、ctive employment and decent work for all women and men,including for young people and persons with disabilities,and equal pay for work of equal value.Average salary increase(%)by gender,2021-2023Measuring Stakeholder Metrics:Disclosures 2022-202318METRICCORE METRICRESPONSERisk for incidents of child

129、 and forced labour An explanation of the operations and suppliers considered to have significant risk for incidents of child labour,or forced or compulsory labour.Such risks could emerge in relation to:a.the type of operation(such as manufacturing plant)and type of supplierb.the countries or geograp

130、hic areas with operations and suppliers considered at risk.The World Economic Forum adheres to the principles of human dignity,health and safety,the protection of children,and fair labour practice,among others.The Forums Code of Conduct for Vendors outlines the expectations with regard to the conduc

131、t of all vendors(organizations and individuals)supplying goods or providing services to the Forum.It is published on the Forums website and is incorporated by reference into all agreements signed with vendors.It specifies the values that the Forum adheres to:the Forum believes all workers in its sup

132、ply chain deserve to be treated with the utmost dignity and respect in a fair and ethical workplace that upholds the highest standards of human rights.Vendors shall refrain from employing child labour.Latest Forum steps to improve future reporting on this metric:The Forum performed an ESG-focused du

133、e diligence screening on the majority of its suppliers as a one-off exercise to increase supplier data availability and quality and to improve ESG reporting quality for metrics related to procurement.During this exercise,the focus was on screening for ESG metrics-related information,including specif

134、ically for child labour or forced labour-related implications of suppliers,or certifications in relation to these metrics.More details related to this project can be found under the expanded metric Human rights review,grievance impact and modern slavery.No occurrence of child labour,forced labour or

135、 compulsory labour on the part of suppliers was identified during this exercise.This same project also included a risk assessment based on a geopolitical and industry-based approach,which will be considered in the future to improve the Forums processes in relation to this metric.The Forum further st

136、rengthened its due diligence capabilities through additional screening and background search tools.The decision was also made to invest in rebuilding the procurement function at the Forum,for which a new Head of Procurement was hired.The aim was to positively affect the continuous improvement of the

137、 processes and evolution of the Forums ESG reporting related to this metric.The Forums global contribution towards this metric:Externally,the Forum has played a significant role in preventing child labour in the world.The Forum hosted the Global Battery Alliance(GBA)between September 2017 and Januar

138、y 2021.During that period,the GBAs activities aimed to improve the prevention of child labour in the mining industry(the Forum shared some of the main achievements in the Annual Report 2020-2021).Today,the Forum maintains a leadership role on the GBAs Board and Supervisory Council.In addition,and th

139、rough its initiatives,the Forum works to increase the visibility and traceability of supply chains,which could help uncover inhumane labour practices and limit the risk of their occurrence.As part of the Circular Transformation of Industries initiative,the Forum worked across manufacturing industrie

140、s to explore how tools like digital traceability can help companies navigate and address critical challenges to global value chains.Traceability of value chains can help companies mitigate the risk of child labour and forced labour by increasing transparency and accountability throughout the supply

141、chain,thereby helping companies to identify risk areas,enable more thorough audits and implement targeted interventions or remedial actions.Measuring Stakeholder Metrics:Disclosures 2022-202319METRICEXPANDED METRICMETRICEXPANDED METRICRESPONSERESPONSEDiscrimination incidents and lossesNumber of disc

142、rimination and harassment incidents,status of the incidents and actions taken,and the total amount of monetary losses as a result of legal proceedings associated with:a.law violationsb.employment discrimination.Freedom of association and collective bargaining at risk1.Percentage of the active workfo

143、rce covered under collective bargaining agreements.2.Explanation of the assessment performed on suppliers for which the right to freedom of association and collective bargaining is at risk,including measures taken by the organization to address these risks.In the Geneva and Asia offices,two cases we

144、re raised and closed,and an additional two cases were raised and were in progress in the past 12 months(July 2022 to June 2023)that included claims made about bullying,harassment,intimidation and/or discrimination.To date,none involved legal proceedings or monetary losses.No cases were raised in the

145、 US offices in the past 12 months.The Forums anti-harassment policy is detailed in the Code of Conduct,and disciplinary actions up to and including termination of employment are taken against those who are found to have violated it.Incidents may be reported to the Line Manager or the respective Mana

146、ging Director,or escalated to the People and Culture team or through the Integrity Reporting Platform,including a global helpline.Investigations are carried out internally by the relevant Forum team(People and Culture or Legal and Compliance)depending on the specific circumstances.Reporting on discr

147、imination incidents helps the Forum make progress on SDG 10.3:Ensure equal opportunity and reduce inequalities of outcome,including by eliminating discriminatory laws,policies and practices and promoting appropriate legislation,policies and action in this regard.1.None of the Forums staff is covered

148、 under collective agreements.The fair labour practice and working conditions of staff are ensured through individual employment contracts that outline the rights and obligations of both parties,as opposed to collective employment contracts.In the US offices,an offer letter states they are employees

149、at will.Both documents reference the Staff Handbook,which outlines policies that govern the employment,guidelines,values and standards,and provides a comprehensive overview of employee compensations and benefits,insurances and official working hours,among other rights and obligations.2.For any compl

150、aints of violations of freedom of association,the appropriate reporting channels to address such incidents were implemented.More information on the reporting mechanism and the recorded incidents can be found under the core metric Protected ethics advice and reporting mechanisms.No incidents or compl

151、aints related to the freedom of association or collective bargaining at risk were recorded during the current reporting period.Measuring Stakeholder Metrics:Disclosures 2022-202320METRICEXPANDED METRICRESPONSEHuman rights review,grievance impact and modern slavery1.Total number and percentage of ope

152、rations that have been subject to human rights reviews or human rights impact assessments,by country.2.Number and type of grievances reported with associated impacts related to a salient human rights issue in the reporting period and an explanation on type of impacts.3.Number and percentage of opera

153、tions and suppliers considered to have significant risk for incidents of child labour and forced or compulsory labour.Such risks could emerge in relation to:a.the type of operation(such as manufacturing plant)and type of supplierb.the countries or geographic areas with operations and suppliers consi

154、dered at risk.1.The Legal and Compliance team provides leadership and employees with guidance,online training,related policies and guidelines regarding the principles outlined in the Forums Code of Conduct,which are based on the values of independence,impartiality,moral integrity and intellectual in

155、tegrity.In case of violations of these principles or breaches to the obligation to uphold human rights or refrain from harassment,employees are invited to lodge complaints via the designated reporting channel.More information on the reporting mechanism and the recorded incidents can be found under t

156、he core metric Protected ethics advice and reporting mechanisms and the expanded metric on Discrimination incidents and losses.2.Within the current reporting period,the Forum received no reports of incidents that required a human rights review.The Code of Conduct for Vendors outlines the Forums expe

157、ctations with regard to the conduct of all vendors and is incorporated by reference into all purchase agreements signed with vendors.The Code of Conduct requires workers to adhere to Forum principles of treating all workers in its supply chain with the utmost dignity and respect,in a fair and ethica

158、l workplace upholding the highest standards of human rights.Vendors shall refrain from employing child labour.3.As a member of the United Nations Global Compact,the Forum also takes into consideration the Ten Principles of the UN Global Compact.Latest Forum steps to improve future reporting on this

159、metric:The Forum performed an ESG metric-focused due diligence screening exercise on its suppliers for the purpose of improving supplier data availability and quality for ESG reporting.The project included the quality control of supplier data,a due diligence screening based on a media search and an

160、ESG metric-focused manual search on publicly available information on the suppliers.The screening concentrated on human rights issues including child labour,forced labour,modern slavery,corruption and environmental considerations from both positive and negative standpoints.As a result of this projec

161、t,supplier data quality was improved and 1,093 suppliers went through ESG-focused screening,resulting in a total of 1,641 vendors having gone through a due diligence review.These screenings resulted in the approval of these vendors without the need for escalation.Total number of due diligence screen

162、ings,2021-20222,0001,6001,2008004000No.of regular due diligence screening conductedNo.of ESG-focused due diligence screenings conducted20212022Total3831651,0931,093548Measuring Stakeholder Metrics:Disclosures 2022-202321The Forums global contribution towards this metric:Externally,the Forum played a

163、 significant role in preventing the violation of human rights in the world.Through the Raising the Bar on Social and Responsible Procurement initiative,the Global Alliance for Social Entrepreneurship has enhanced social procurement.It focuses on creating positive impact beyond general ESG practices,

164、such as generating new jobs,providing affordable services and improving labour conditions.By reinforcing respect for human rights in supply chains and ensuring the respectful inclusion of vulnerable groups,social procurement can reduce the risk of child labour and forced labour.A joint report by Yun

165、us Social Business(YSB),the Boston Consulting Group and SAP highlighted the market potential of social procurement for driving ESG goals.In addition,the Global Alliance supports its over 100 members on social procurement,fostering a verification standard for social enterprises(Social Enterprise Worl

166、d Forum-SEWF),offering training(YSB)and matchmaking initiatives(Buy Social,Catalyst 2030)and engaging with the public sector(Euclid Network,Groupe SOS).Technology solutions are being developed to scale social procurement across sectors(SAP).More information on the Forums human rights-related indirec

167、t footprint is available in the narrative under Risk for incidents of child and forced labour.Measuring Stakeholder Metrics:Disclosures 2022-202322Health and Well-beingMETRICCORE METRICRESPONSEHealth and safety 1.Number and rate of fatalities as a result of work-related injury;high-consequence work-

168、related injuries(excluding fatalities);recordable work-related injuries;main types of work-related injury;and the number of hours worked.2.Explanation of how the organization facilitates workers access to non-occupational medical and healthcare services,and the scope of access provided for employees

169、 and workers at risk.1.No fatalities were recorded in the reporting period as a result of work-related injuries.2.The Forum provides the following benefits to employees:Employee assistance programme(Cigna in Switzerland and Asia locations,and ADP Life Care and Guardian Work Life Matters in the Unite

170、d States)Mental health and emotional wellness platform(wayForward in the United States)Mental health and emotional support service(Umanize in Switzerland)Comprehensive health insurance coverage as part of the benefits package(including dental and vision benefits in the US offices)Monthly contributio

171、n towards health insurance premiums(in Switzerland)Accident insurance and loss of earnings due to illness insurance(in all locations)Travel assistance(medical and security)through International SOSThe Forum continued to deploy the hybrid work model adopted in September 2021,with employees expected t

172、o come to the office at least three days a week and work two days remotely.This approach was adopted by many global organizations to give additional flexibility to employees following the disruptions of the COVID-19 pandemic.For the Forum,this helped to ensure that the offices remain a place where c

173、olleagues meet and collaborate,strengthening the institutional culture,while the provision for remote work enhances well-being and improves sustainability due to fewer commuting journeys.Employees who prefer to work from the office five days a week may continue to do so.In all its locations,the Foru

174、m offered employees a benefit of CHF 500(or its equivalent in local currency)towards the cost of a gym membership,fitness equipment or home office equipment.Measuring Stakeholder Metrics:Disclosures 2022-202323METRICEXPANDED METRICRESPONSEMonetized impacts of work-related incidentsBy multiplying the

175、 number and type of occupational incidents by the direct costs for employees,employers per incident(including actions and/or fines from regulators,property damage,healthcare costs,and compensation costs to employees).Over the past year,the Forum observed a marked increase in days of absence due to i

176、llness,approaching pre-pandemic levels.The following table shows the trends in the Geneva office over the past three years.While the decline in days of absence in 2021 was partly due to a reduced workforce(following organizational restructuring during the pandemic),the increase in days of absence in

177、 2022 far outpaced the increase in headcount over the same period.The difference was primarily from short-term illnesses where employees were absent for less than 10 days.In 2021,these days amounted to 320,while in 2022 the number rose to a total of 547.This represented an increase of 71%,far greate

178、r than the corresponding increase in employees of 17%.Partly as a result,total days of absence due to illness rose by 52%from 2021 to 2022.The impact of a return to physical events and office presence may have been felt here,with an uptick in respiratory infections including COVID-19,and employees t

179、aking the time needed away from work to recuperate.Longer durations of absence due to illness remained steady,including expectant mothers taking doctor-prescribed time off from work,while a few employees reported long-term chronic illnesses that required them to take several months off to pursue tre

180、atments and recover.YearNumber of employeesDays of absence due to accidentDays of absence due to illnessAbsenteeism rate20206744173,4922.6%20216152402,7892.3%20227193934,2772.9%For employees who needed to take prolonged time off from work due to illness,the Forum continued to explore how best to sup

181、port a sustainable return to work.In the Geneva office,the service provider Umanize specializes in psychosocial risk and the prevention of long absences and reaches out to offer support to all employees as of the first month of absence.This ensures that a neutral third party provides needed psycholo

182、gical counselling to staff in difficulty,advising them throughout their return to ease any difficulties with reintegration.This past year,the Forum implemented additional support for employees who may need to apply for disability insurance due to a chronic illness.Supported by Forum provider Loyco,t

183、he People and Culture team remained available to help employees complete the application forms and offer additional guidance.This is a much-welcomed service for employees who are navigating a challenging period,and especially crucial for the Forums international colleagues who may need help navigati

184、ng Genevas French-speaking administration.Reporting on work-related incidents helps the Forum make progress on SDG 8.8:Protect labour rights and promote safe and secure working environments for all workers,including migrant workers,in particular women migrants,and those in precarious employment.Meas

185、uring Stakeholder Metrics:Disclosures 2022-202324Skills for the FutureMETRICCORE METRICRESPONSETraining provided1.Average hours of training per person that the organizations employees have undertaken during the reporting period,by gender and employee category(total number of hours of training provid

186、ed to employees divided by the number of employees).2.Average training and development expenditure per full-time employee(total cost of training provided to employees divided by the number of employees).1.Learning at the World Economic Forum in 2022-2023Continuing to champion the Forum as a learning

187、 organization,the 2022-2023 portfolio of development opportunities reinforced and expanded on offers established in 2021-2022.The Forum started additional programmes,added more spaces for learners and continued the approach of making opportunities available to all Forum employees,regardless of level

188、 or tenure.While it can be difficult to evaluate the exact number of hours of training,the Forum enhanced data capture mechanisms to better calculate these hours of training in the organization.The initiative to focus on capturing or estimating hours of training for courses within the learning portf

189、olio will continue to be improved and will be reported on in future stakeholder metrics reports.The Forums portfolio of learning opportunities was shaped according to a set of core areas:Courses and training:The catalogue of development and learning programmes significantly expanded in FY-22/23.Empl

190、oyees were offered a place in one of seven courses(five were available in the previous year).To complement the existing offer in the areas of impact and influence,design thinking and steering complex project management,the Forum added courses in 2022-2023 on systems thinking,sustainability managemen

191、t and communication.These programmes continued to be held in collaboration with top academic partners,such as MIT Sloan,Harvard and Cambridge Judge.They lasted an average of four to six weeks and learners followed a journey of several modules incorporating self-paced online learning,live webinars an

192、d networking opportunities.Complementing these courses,the catalogue also included live virtual workshops in public speaking and facilitation excellence.In addition,the Forums in-house training opportunities built on peer-to-peer learning continued with Mastering Engagement Conversations,including a

193、 training session on change management.Coaching and mentoring:The Forum continued to offer opportunity for employees to grow through customized development goals working with an external coach or an internal mentor.Working with an external coach,the coaching programme took employees through a collab

194、orative and structured process to identify their strengths and areas of opportunity,set achievable goals and develop an action plan to reach them.The Forum expanded the reach of its coaching opportunities,enabling all employees to apply for a place.The Mentoring Programme enabled an internal mentor

195、and mentee to connect,promoting personal growth and building knowledge and understanding of the work environment.More than 70 employees benefited from a mentor during the year.Self-led learning:The Forum continued to prioritize flexibility in learning and upskilling based on an individuals role and

196、their developmental goals.The global Learning Award allowance helped to give people the possibility to invest in learning based on their individual development plan and choice.Access to LinkedIn learning training was maintained with a wide catalogue of training sessions(more than 8,000 courses)curat

197、ed based on skills prevalent across Forum roles.Team activities:The Team Custom Skills project was expanded in FY-22/23 and allowed even more teams to access development programmes that focused on specialized skills based on teams needs.Management and leadership development:The Management Excellence

198、 Programme equipped managers with skills and tools to effectively lead their teams.The programme was designed to build and/or reinforce managerial skills,including running effective one-on-one meetings between managers and their team members,giving feedback and strengthening team productivity.Since

199、its launch,the programme has supported the career development of more than 40%of managers at the Forum.Launched during this reporting period,the 12-month Advanced Leadership Programme saw executive leaders enhance their strategic and implementation abilities and develop their capabilities to shape a

200、nd lead complex systems.Measuring Stakeholder Metrics:Disclosures 2022-202325On-the-job opportunities:The Forum maintained a range of on-the-job development opportunities through stretch assignments,knowledge sharing,working across groups and internal mobility.The Internal Temporary Assignments prog

201、ramme helped employees spend 20-40%of their time with another team,expanding their skillset and networks and developing a global mindset.Over the next 12 months,the focus will be on efforts to ensure that the Forums people and environments are well equipped for the future of work.To further improve

202、the employee experience and increase engagement,the Forum introduced scalable digital tools and simple,straightforward internal communications.The Forum will continue to help employees map their career journeys,integrate a skills framework for various roles at the Forum,and shape and elevate the por

203、tfolio of learning and development to remain at the forefront of organizational innovation.Externally,through the work of the Centre for the New Economy and Society,the Forum continued to support the creation of more and better jobs and helped provide critical thinking on labour market preparedness

204、for the benefit of governments,employers and workers.It promoted skills-based labour markets and new education models that proactively prepare learners,workers,employers and governments for tomorrows economy.It also led work across stakeholder groups to drive diverse,equitable and inclusive economie

205、s and societies.More details on the centres work appear in the Annual Report 2022-2023(p.25).2.The Learning and Development budget for FY-22/23 totalled CHF 1,419,092.With an average headcount of 874 in FY-22/23,spending amounted to approximately CHF 1,624 per employee.This figure represents a 45%in

206、crease from FY-21/22,with its learning budget of CHF 980,003(CHF 1,259 per employee).The increase in budget supported additional training opportunities and increased their access for employees.As a reminder,the FY-20/21 decrease was partly due to the many operational changes brought about by the COV

207、ID-19 pandemic.Consequently,fewer training opportunities and more cost-effective virtual courses were offered.With the increase in the learning offering following the pandemic and employee growth in the organization,the learning budget was increased accordingly.The aim was to open learning opportuni

208、ties to all Forum employees,regardless of level or tenure,to ensure a truly democratic offering for the growth and development of all staff.YearLearning and Development budgetExpenditure per employeeFY-20/21CHF 295,518CHF 382FY-21/22CHF 980,003CHF 1,259FY-22/23 CHF 1,419,092CHF 1,624This dimension o

209、f the Forums reporting is aligned with SDG Goal 4.4:By 2030,substantially increase the number of youth and adults who have relevant skills,including technical and vocational skills,for employment,decent jobs and entrepreneurship.Measuring Stakeholder Metrics:Disclosures 2022-202326METRICEXPANDED MET

210、RICMETRICEXPANDED METRICRESPONSERESPONSEMonetized impact of training provided1.Investment in training as a percentage of payroll.2.Effectiveness of the training and development through increased revenue,productivity gains,employee engagement and/or internal hire rates.Number of unfilled skilled posi

211、tions1.Number of unfilled skilled positions.2.Percentage of unfilled skilled positions for which the company will hire unskilled candidates and train them.1.The Learning and Development budget for FY-22/23 was CHF 1,419,092.This represented 1.2%of the total payroll,up from 0.7%in FY-21/22 and 0.3%in

212、 FY-20/21.Learning and Development budget as a percentage of payroll,2021-20230.20.40.6%of payroll0.811.20FY-20/21FY-21/22FY-22/232.Data on the effectiveness of training and development initiatives as measured by this metric is not yet available.As part of ongoing process improvement,however,the For

213、um aims to embed more data analytics in development programmes to better assess their effectiveness on retention and career progression measures.This dimension of the Forums reporting is aligned with SDG Goal 4.4:By 2030,substantially increase the number of youth and adults who have relevant skills,

214、including technical and vocational skills,for employment,decent jobs and entrepreneurship.1.The Forums Talent Attraction and Acquisition grew significantly following the COVID-19 pandemic to accompany the increase in Forum projects and in-person events.A total of 101 positions were created in FY-20/

215、21,83%of which were newly created roles.This increased significantly during the last two fiscal years,with 354 open positions in FY-21/22,66%of which were newly created roles,and 359 open positions in FY-22/23,70%of which were newly created roles.The high percentage of newly created roles over the l

216、ast three fiscal years demonstrates the Forums agility when attracting talent to meet the constantly evolving needs of the projects and initiatives to which the Forum contributes.The 83%of open positions in FY-20/21 were based in Switzerland.This percentage decreased during the last two fiscal years

217、,with open positions in Switzerland represented 71%in FY-22/23,reflecting the Forums development in its regional markets.To accompany the Forums growth,the volume of open leadership positions increased from 4%in FY-20/21 and 6%in FY-21/22 to 10%in FY-22/23.The unfilled open positions at the end of e

218、ach fiscal year were filled in the following fiscal year or discontinued due to the constant evolution of Forum activities.Measuring Stakeholder Metrics:Disclosures 2022-202327Open positions by location on 30 June,2021-2023400350300250200150100500SwitzerlandUSAAsiaFY-20/21FY-21/22FY-22/2384263255545

219、0543751283%74%71%2.The Forum introduced an Early Careers Programme(ECP)in FY-21/22,hiring 54 recent graduates in the global offices for a maximum duration of six months.An additional 45 ECP professionals were hired in FY-22/23,reinforcing the Forums willingness to provide recent graduates from relev

220、ant fields of study with a first work experience in public-private collaboration.Following their ECP assignments,and leveraging the skills acquired at the Forum,33%of ECP professionals from FY-21/22 remained as Forum employees,while 54%of the first 21 ECP participants who completed their six-month a

221、ssignment and were hired in FY-22/23 remained at the Forum as employees.This illustrates that the ECP is a strong talent pipeline for the future of the Forums workforce.The opportunity for the Forum to reconvene the Annual Meeting of the New Champions in China in FY-22/23 also resulted in the recrui

222、tment of 25 graduates for three-month internships,increasing the exposure of Asia-based graduates to the Forums activities.The ECP and/or internship positions opened in FY-21/22 represented 15%of open positions at the Forum and increased to 19%in FY-22/23.Measuring Stakeholder Metrics:Disclosures 20

223、22-202328Planet Pillar3METRICCORE METRICRESPONSEGreenhouse gas(GHG)emissionsFor all relevant GHGs(e.g.carbon dioxide,methane,nitrous oxide,F-gases),report in metric tonnes of carbon dioxide equivalent(tCO2e)GHG Protocol Scope 1 and Scope 2 emissions.Estimate and report material upstream and downstre

224、am(GHG Protocol Scope 3 emissions where appropriate).The World Economic Forum performed a comprehensive assessment of its internal CO2e emissions for FY-22/23,with 60,711 tonnes of CO2e emissions attributed to the organization.The year-over-year increase in emissions from FY-21/22 to FY-22/23(+48.8%

225、)was mainly driven by the return of most of the in-person events not possible previously due to the COVID-19 pandemic.Compared to the baseline in FY-19/20,Forum emissions decreased by 37.7%.Part of this decrease will continue as the Forum reduced the number of regional events and accelerated efforts

226、 to lower the footprint of its operations related to events,compared to FY-19/20.Overall,Scope 3 emissions,which include all flights and travel,represented 98.6%of Forum emissions,while Scope 2 emissions from energy consumption in the offices represented only 1.4%of total emissions.The reduction in

227、Scope 2 emissions was driven mainly by the IT servers better performance.Scope 1 emissions are not relevant since the Forum does not have material emissions from corporate facilities other than electricity consumption(Scope 2)or from owned vehicles.Forum CO2e emissions over time and across Scopes 2

228、and 3,2020-2023In FY-22/23,67%of total Forum emissions were linked to the Annual Meeting in Davos-Klosters,mainly driven by participant and support staff flights.The next largest category of emissions was related to other in-person meetings,representing 23%of the total.This ratio increased compared

229、to last year because the Forum organized important events,such as the Annual Meeting of the New Champions in China,the Growth Summit and the Industry Strategy Meeting on its premises in Cologny and the Sustainable Development Impact Meetings in New York,among others.Forum Climate ChangeScope 2Scope

230、3Tonnes of CO2e100,00080,00060,00040,00020,0002,0001,5001,0005000FY-21/22FY-22/23FY-20/21FY-19/2040.5%59.5%95.0%5.0%1.4%98.6%0.4%99.6%3208373612,02538,79759,87497,04147097,40279040,82260,711Measuring Stakeholder Metrics:Disclosures 2022-202329CO2e emissions were calculated using DEFRA emission conve

231、rsion factors including radiative forcing(i.e.incorporating the impact of other non-CO2 emissions in addition to the CO2 impact itself)and a MyClimate tool for emission conversions.Emissions calculated using DEFRA conversion factors represented 98%of all Forum emissions.The nature of activities cove

232、red in Scope 3 emissions included Forum employee travel,which incorporated flights,hotel stays as well as taxi and other transportation;all participant travel and lodging at in-person meetings,including the World Economic Forum Annual Meeting;and the total operations of the Annual Meeting itself.The

233、 CO2e emissions analysis for Scope 2 included electricity in the major offices(Geneva,San Francisco,New York,Beijing)as well as the impact of virtual server use.Internally,the Forum operated under a robust sustainability management system that includes the highest standard of sustainability for meet

234、ings(ISO 20121 recertification was obtained at the Annual Meeting in May 2022 followed by the Surveillance Audit during the 2023 edition),an annual audited global CO2e footprint,as well as a CO2e reduction plan that will be in line with Science Based Targets Initiative(SBTi)standards to achieve the

235、net zero by 2030 commitment.While the Forum cannot get formal approval of its SBTi aligned reduction strategy as a not-for-profit,it will nevertheless be reviewed by its auditors.A robust set of policies governed the procurement processes and work with vendors,along with an updated sustainability st

236、rategy document.The focus continued to be on reducing emissions on the journey to reach net zero by the 2030 target.Actions included reducing internal travel to only essential trips,hosting in-person meetings only when being physically present made a major difference to outcomes,and exploring even m

237、ore ways of reducing the transportation and operational footprint of the Annual Meeting.The Forum continued to purchase carbon removal credits according to its emissions and maintained its adherence to the UN Global Compact while adapting the internal sustainability strategy,as the science defining

238、what is required to limit the global temperature rise evolves.Externally,with the increased adoption of ESG reporting and broad recognition that everyone must reduce emissions,and as companies look for best practices and innovative approaches to decarbonize,the Forums global platform provided opport

239、unities for industries to make progress.The Climate Governance Initiative established a global network of national and regional chapters to promote the implementation of the Climate Governance Principles,by mobilizing non-executive directors who either are locally based or serve on the boards of loc

240、ally based companies and providing a range of engagement opportunities aimed at enabling them to drive action in this area.The initiative instituted more than a dozen chapters in multiple geographies.The Forum maintained efforts to encourage climate action through the Alliance of CEO Climate Leaders

241、,the largest CEO-led climate alliance globally.Its membership comprised more than 120 CEOs from 12 industrial sectors present in 26 countries,representing 9 million employees.This alliance embodies a network of business leaders from diverse industry sectors and regions with the power to accelerate t

242、he pace of climate action within value chains and markets.Additionally,the Forum continued work on a range of climate-related initiatives whose impacts are described in the World Economic Forum Annual Report 2022-2023(First Movers Coalition,Global New Mobility Coalition,Global Commission on Nature P

243、ositive Cities).Of note is that the focus on climate topics grew to such an extent that every Forum platform maintained at least one climate-focused work stream.Climate change during the year was also a focus at major events,such as at the World Economic Forum Annual Meeting 2023,the Sustainable Dev

244、elopment Impact Meetings 2022 and the Annual Meeting of the New Champions 2023 in June.The most relevant SDG for this metric is SDG 13:Take urgent action to combat climate change and its impacts SDG target 13.2:Integrate climate change measures into policies,strategies and planning.Measuring Stakeho

245、lder Metrics:Disclosures 2022-202330METRICEXPANDED METRICRESPONSEParis-aligned GHG emissions targetsDefine and report progress against time-bound,science-based GHG emissions targets that are in line with the goals of the Paris Agreement to limit global warming to well below 2C above pre-industrial l

246、evels and pursue efforts to limit warming to 1.5C.This should include defining a date before 2050 by which you will achieve net-zero GHG emissions,and interim reduction targets based on the methodologies provided by the SBTi,if applicable.If an alternative approach is taken,disclose the methodology

247、used to calculate the targets and the basis on which they deliver on the goals of the Paris Agreement.EXPANDED METRICImpact of GHG emissionsReport wherever material along the value chain:(GHG Protocol Scope 1,2&3)the valued impact of GHG emissions.Disclose the estimate of the societal cost of carbon

248、 used and the source or basis for this estimate.As noted,the goal is to reach net zero by 2030 by reducing Forum emissions in line with SBTi guidelines.The Forum has calculated and has had its global carbon footprint audited since 2019 across the relevant scopes.In terms of targets for internal emis

249、sion reductions,the overall plan remained to reduce internal emissions as much as possible as quickly as possible.To offset the remaining overall Forum emissions,the Forum worked with the company South Pole,which presents options that meet the highest standards,to choose which specific projects to p

250、ursue based on their quality and impact.The Forum is finalizing the offset project selections for FY-22/23.The most relevant SDG for this metric is SDG 13:Take urgent action to combat climate change and its impacts SDG target 13.2:Integrate climate change measures into policies,strategies and planni

251、ng.Measuring Stakeholder Metrics:Disclosures 2022-202331METRICCORE METRICRESPONSETCFD implementationFully implement the recommendations of the Task Force on Climate-related Financial Disclosures(TCFD).If necessary,disclose a timeline of at most three years for full implementation.Disclose whether yo

252、u have set,or have committed to set,GHG emissions targets that are in line with the goals of the Paris Agreement to limit global warming to well below 2C above pre-industrial levels and pursue efforts to limit warming to 1.5C and to achieve net-zero emissions before 2050.The World Economic Forum con

253、tinued its journey both internally and externally to maximize its impact towards a more sustainable world.Throughout the year,the Forum remained deeply committed to minimizing the effects of climate change,and considered the risks posed by changing climate in strategic decision-making.As the number

254、and nature of challenges that need to be addressed evolve,the Forum will adapt its strategy accordingly.Publication of the Forums initial TCFD report is planned for the end of FY-23/24.The most relevant SDG for this metric is SDG 13:Take urgent action to combat climate change and its impacts SDG tar

255、get 13.2:Integrate climate change measures into policies,strategies and planning.Measuring Stakeholder Metrics:Disclosures 2022-202332METRICCORE METRICRESPONSELand use and ecological sensitivityReport the number and area(in hectares)of sites owned,leased or managed in or adjacent to protected areas

256、and/or key biodiversity areas(KBAs).EXPANDED METRICImpact of land use and conversionReport wherever material along the value chain:the valued impact of use of land and conversion of ecosystems.EXPANDED METRICLand use and ecological sensitivityReport on operations(if applicable)and full supply chain(

257、if material).Nature LossThe metrics embedded in the Nature Loss theme are not relevant for the Forum as an organization because the offices are not located next to protected areas and/or KBAs.The Forum maintained its own beehives at its premises in Cologny to promote biodiversity.It also eliminated

258、chemical use and optimized the water resources needed to maintain the green spaces.Externally,as nature loss is an important global topic,it is addressed through various Forum initiatives,such as 1t.org,Tropical Forest Alliance and Champions for Nature.Additionally,the UpLink platform,created to ins

259、pire and uplift entrepreneurs who can pave the way to a net-zero,nature-positive future,launched 14 innovation challenges in FY-22/23,bringing the total number of challenges to 50.At the World Economic Forum Annual Meeting 2023 in Davos-Klosters,UpLink announced new partnerships with Manulife to str

260、engthen forest conservation and restoration.During the year,UpLink launched five challenges focusing on nature-based solutions:Forest and Health Challenge,NatureTech Challenge,Sustainable Forest Economy Challenge,Trillion Trees:Forest Communities and Value Chains Challenge,Trillion Trees:United Stat

261、es Challenge.These projects contribute to SDG 15:Protect,restore and promote sustainable use of terrestrial ecosystems,sustainably manage forests,combat desertification,and halt and reverse land degradation and halt biodiversity loss;and they contribute to most of the SDG targets under this goal.Mea

262、suring Stakeholder Metrics:Disclosures 2022-202333METRICCORE METRICRESPONSEFreshwater AvailabilityWater consumption and withdrawal in water-stressed areasReport on operations where material:megalitres of water withdrawn,megalitres of water consumed and the percentage of each in regions with high or

263、extremely high baseline water stress,according to the World Resources Institute(WRI)Aqueduct water risk atlas tool.Estimate and report the same information for the full value chain (upstream and downstream)where appropriate.EXPANDED METRICImpact of freshwater consumption and withdrawalReport whereve

264、r material along the value chain:the valued impact of freshwater consumption and withdrawal.The metrics embedded in the Freshwater Availability theme are not relevant for the Forum as an organization because the offices are not located in areas that are water stressed.However,the Forum supported sev

265、eral initiatives in this area.The Aquapreneur Innovation Initiative continued its work to create impact in the freshwater innovation space through a collaboration between UpLink and HCL.The$15 million initiative over five years distributed CHF 1.75 million in funding to the 10 winning entrepreneurs

266、of the Global Freshwater Challenge.This marks the first of five innovation challenges,which garnered over 200 submissions.The Aquapreneurs are making an impact on global water security by improving irrigation efficiency,recycling water in large building developments and creating fresh drinking water

267、 from the atmosphere.Over the next four years,the Aquapreneur Innovation Initiative will continue to source innovations for freshwater security and connect these entrepreneurs in a first-of-its-kind innovation ecosystem for water so they can expand and address one of the most pressing problems human

268、ity faces.Through this initiative,the Forum gathered stakeholders from the freshwater innovation ecosystem in New York for a workshop during the first UN Water Conference in almost 50 years to discuss current and future opportunities for collaboration and funding and to identify additional critical

269、stakeholders to involve in the future.The Forum also continued to foster partnerships and collaboration for water stewardship through the 2030 Water Resources Group and the 50L Home Coalition.Moreover,UpLink launched three challenges related to fresh water or ocean-related issues:Global Freshwater C

270、hallenge,Great Blue Wall Challenge,Ocean Data Challenge.These projects contribute directly to SDG 6:Ensure availability and sustainable management of water and sanitation for all SDG target 6.5:Implement integrated water resources management at all levels,including through transboundary cooperation

271、as appropriate;as well as SDG 17:Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development SDG target 17.7:Promote the development,transfer,dissemination and diffusion of environmentally sound technologies;and they set an example for other platforms on

272、how to mobilize actors for action in diverse sectors.Measuring Stakeholder Metrics:Disclosures 2022-202334Air PollutionMETRICEXPANDED METRICRESPONSEAir pollutionReport wherever material along the value chain:nitrogen oxides(NOx),sulphur oxides(SOx),particulate matter and other significant air emissi

273、ons.Wherever possible,estimate the proportion of specified emissions that occur in or adjacent to urban/densely populated areas.EXPANDED METRICImpact of air pollutionReport wherever material along the value chain:the valued impact of air pollution,including nitrogen oxides(NOx),sulphur oxides(SOx),p

274、articulate matter and other significant air emissions.The most relevant non-CO2 air pollutants from Forum activities are emissions from flights.Air travel is one of the main modes of transportation of participants attending events and meetings and of staff travelling for internal activities.The impa

275、ct of these non-CO2 pollutants is considered a part of radiative forcing included in the DEFRA emission conversion factors used to calculate global CO2e emissions.Throughout the year,the Forum measured and remained committed to reducing the impact of travel across all types of emissions.In addition,

276、the Forum continued its corporate movement,the Alliance for Clean Air,the first global private-sector initiative to tackle air pollution.Launched at COP26 in 2021 by the Forum in partnership with the Clean Air Fund,the alliances vision is to be a catalyst for private-sector efforts to improve air qu

277、ality in value chains,embed action on air pollution into climate change mitigation strategies and move towards a tipping point where health is at the heart of climate action.The Forum maintained its support of initiatives managed by several of its centres,including the Clean Power and Electrificatio

278、n Program and the Aviation Decarbonization effort.Also,UpLink announced a partnership with Salesforce to launch the First Movers Coalition Challenges on Sustainable Aviation Fuel and Carbon Removal Technologies.The most relevant SDGs for this metric are SDG 3:Ensure healthy lives and promote well-be

279、ing for all at all ages SDG target 3.9:Substantially reduce the number of deaths and illnesses from hazardous chemicals and air,water and soil pollution and contamination;SDG 9:Build resilient infrastructure,promote sustainable industrialization and foster innovation SDG target 9.4:Increase resource

280、-use efficiency and greater adoption of clean technologies;and SDG 11:Make cities and human settlements inclusive,safe,resilient and sustainable SDG target 11.6:Pay special attention to air quality and municipal and other waste management.Measuring Stakeholder Metrics:Disclosures 2022-202335Water Po

281、llutionMETRICEXPANDED METRICRESPONSENutrientsEstimate and report wherever material along the value chain:metric tonnes of nitrogen,phosphorous and potassium in fertilizer consumed.EXPANDED METRICImpact of water pollutionReport wherever material along the value chain:the valued impact of water pollut

282、ion,including excess nutrients,heavy metals and other toxins.The metrics embedded in the Water Pollution theme are not relevant for the Forum as an organization because the nature of its work does not involve using nitrogen,phosphorous or potassium.However,the Forum maintained its commitment to impr

283、oving the worldwide water system through its work during the year mainly on specific initiatives spearheaded by the Centre for Nature and Climate.These projects contribute in particular to SDG 14:Conserve and sustainably use the oceans,seas and marine resources for sustainable development SDG target

284、 14.2:Sustainably manage and protect marine and coastal ecosystems to avoid significant adverse impacts;and SDG 6:Ensure availability and sustainable management of water and sanitation for all SDG target 6.3:Improve water quality by reducing pollution.Measuring Stakeholder Metrics:Disclosures 2022-2

285、02336Solid WasteMETRICEXPANDED METRICRESPONSESingle-use plasticsReport wherever material along the value chain:estimated metric tonnes of single-use plastic consumed.Disclose the most significant applications of single-use plastic identified,the quantification approach used and the definition of sin

286、gle-use plastic adopted.EXPANDED METRICImpact of solid waste disposalReport wherever material along the value chain:the valued societal impact of solid waste disposal,including plastics and other waste streams.Single-use plastics plastics used once,for a short period of time and then thrown away con

287、tinued to be severely limited at Forum meetings and office locations around the world,reinforced by catering and event-related policies that strongly discourage their use.At the Annual Meeting,for example,the Forum donated food and furniture to local citizens and reused about 80%of the equipment and

288、 other materials.This continuous,yearly effort minimizes waste and supports the Davos community as much as possible.Also,the use of PET inside the Congress Centre was banned during the Annual Meeting in Davos-Klosters.At the premises in Geneva,New York and San Francisco,all individual desk bins were

289、 removed and replaced with shared waste-sorting stations.This fosters employee awareness regarding waste and improves the quality of waste sorting,which,in turn,fosters higher recycling rates.In addition,the Forum launched and supported several projects during the year,including the Circular Transfo

290、rmation of Industries initiative instigated in 2023.This joint effort between the Centre for Nature and Climate and the Centre for Advanced Manufacturing and Supply Chains engaged over 40 businesses in thought leadership and practical learning sessions.The multistakeholder,cross-industry project aim

291、s to enable a growing,resilient and sustainable economy through the adoption of circularity on a large scale.The Forum also continued its effort to reduce plastic pollution through the Global Plastic Action Partnership(GPAP),which further reinforced its leadership role in bringing together global an

292、d national stakeholders to address this pollution.The initiative launched five new country partnerships,supporting a total to date of 11 national chapters three in Latin America,three in Africa and five in Asia with several more in the pipeline.These country partnerships gathered globally and locall

293、y more than 800 partners,of which 333 were private-sector organizations(38%),public-sector organizations(22%),civil society organizations(17%)and international non-governmental organizations(17%),as well as from academia(7%).The GPAPs goal is to help 25 countries or local governments address plastic

294、 waste and pollution by 2025.To date,across all national chapters,it has supported partners in:measuring their current plastic waste flows to support improved decision-making in government,the private sector and civil society developing national action plans based on credible evidence and understand

295、ing the implications of different solution scenarios providing dignified and inclusive employment opportunities across the value chain through just transition and inclusion strategies navigating socio-economic consequences and opportunities,such as trade policies to leverage opportunities and mobili

296、ze capital building capacity and preparing for a global plastics treatyIn addition,in partnership with the GPAP,UpLink produced its first short film,Back to Zero:Sorting the Worlds Waste Problem,about Top Innovator Nivedha RM,founder of TrashCon.The film won the Webby Peoples Voice Award,a leading i

297、nternational award honouring excellence on the internet,in the Public Service&Activism category.The most relevant SDGs for this metric are SDG 12:Ensure sustainable consumption and production patterns SDG target 12.5:Substantially reduce waste generation through prevention,reduction,recycling and re

298、use;and SDG 11:Make cities and human settlements inclusive,safe,resilient and sustainable SDG target 11.6:Pay special attention to air quality and municipal and other waste management.Measuring Stakeholder Metrics:Disclosures 2022-202337Resource AvailabilityMETRICEXPANDED METRICRESPONSEResource circ

299、ularityReport the most appropriate resource circularity metric(s)for the whole company and/or at a product,material or site level as applicable.Potential metrics include,but are not limited to,the Circular Transition Indicators(World Business Council for Sustainable Development);indicators developed

300、 by the Ellen MacArthur Foundation;and company-developed metrics.Disclose the methodological approach used to calculate the chosen circularity metric(s)and the rationale for the choice of metric(s).Internal policies help ensure that all branded items are designed and procured according to strict sus

301、tainability criteria.The Forum reinforced the deployment of the Sustainable Procurement Policy throughout the supply chain,including fostering sustainable resource use at the World Economic Forum Annual Meeting in Davos-Klosters.Efforts continued to reduce single-use purchases and procure items with

302、 minimal environmental footprints to maximize internal resource circularity.The ISO 20121 certification proves the persistent focus on sustainability,including circularity,at the Annual Meeting.For instance,the Forum reused a portion of the previous events materials to build decoration items.The For

303、um will maintain efforts to find innovative ideas to make its events more sustainable each year.In addition,in September 2022,Uplink launched The Circulars Accelerator 23,a challenge focusing on the circular economy.The most relevant SDGs for this metric are SDG 7:Ensure access to affordable,reliabl

304、e,sustainable and modern energy for all SDG target 7.3a:Enhance international cooperation to facilitate access to clean energy research and technology;and SDG 12:Ensure sustainable consumption and production patterns SDG target 12.6:Encourage companies to adopt sustainable practices and to integrate

305、 sustainability information into their reporting cycle.Measuring Stakeholder Metrics:Disclosures 2022-202338Prosperity Pillar4METRICCORE METRICRESPONSEAbsolute number and rate of employment1.Total number and rate of new employee hires during the reporting period,by age group,gender,other indicators

306、of diversity and region.2.Total number and rate of employee turnover during the reporting period,by age group,gender,other indicators of diversity and region.Employment and Wealth Generation1.For this metric,“employees”are defined as persons with full-or part-time employment agreements with the Worl

307、d Economic Forum in its locations in Switzerland,the United States,Japan,China and India.This includes regular or permanent as well as temporary employees(including Early Careers Programme participants),but excludes interns,Fellows seconded from external organizations,consultants or people working a

308、t Forum premises with employment contracts elsewhere,e.g.Forum suppliers.In FY-20/21,the Forum hired 66 new employees,representing 8.5%of the employee headcount(774 fiscal year average).This was an unusually small number,the result of a slowdown in hiring caused by the COVID-19 pandemic.Of those,75.

309、8%were female and 24.2%were male.A total of 64%were Gen Y(1981-1996),30%were Gen X(1965-1980)and 6%were Gen Z(1997 and onwards).In FY-21/22,the Forum filled 287 open positions,representing 36.9%(778 fiscal year average).Of these,64.5%were female and 35.5%were male.A total of 81%were Gen Y,10%were Ge

310、n X,8%were Gen Z and 1%were Baby Boomers.In FY-22/23,the Forum hired 230 new employees,representing 26.3%of the employee headcount(874).Of these,57.8%were female and 42.2%were male.A total of 68.3%of hires were Gen Y,17.8%were Gen Z,13.5%were Gen X and 0.4%were Baby Boomers.New hires by generation,2

311、021-2023Baby Boomers(1946-1964)FY-20/21Gen X(1965-1980)Gen Y/Millennials(1981-1996)Gen Z(1997 and onwards)FY-21/22FY-22/23201323122415741304421Measuring Stakeholder Metrics:Disclosures 2022-202339New hires by gender,2021-2023Leavers by generation,2021-2023FemaleFY-20/21MaleFY-21/22FY-22/235016185133

312、97102Baby Boomers(1946-1964)FY-20/21Gen X(1965-1980)Gen Y/Millennials(1981-1996)Gen Z(1997 and onwards)FY-21/22FY-22/2314655543309923117411762.In terms of turnover,the data evolved as follows:In FY-20/21,due to organizational changes precipitated by the COVID-19 pandemic,192 employees left the Forum

313、,representing 24.8%of the headcount(774 fiscal year average).Of those,62.5%were female and 37.5%were male.A total of 61%were Gen Y,29%were Gen X,7%were Baby Boomers and 3%were Gen Z.In FY-21/22,170 employees left the Forum,representing 22%of the headcount(778 fiscal year average).Of those,61.2%were

314、female and 38.8%were male.A total of 70%were Gen Y,24%were Gen X,4%were Baby Boomers and 2%were Gen Z.In FY-22/23,157 employees left the Forum,representing 18%of the headcount(874 fiscal year average).Of those,63.7%were female and 36.3%were male.A total of 63%were Gen Y,19%were Gen X,15%were Gen Z a

315、nd 3%were Baby Boomers.Measuring Stakeholder Metrics:Disclosures 2022-202340Leavers by gender,2021-2023Rate of employment,2021-2023FemaleFY-20/21MaleFY-21/22FY-22/23120726657104100FemaleFY-20/21MaleLeaversNew hires-200-150-100-50501001502002503000FY-21/22FY-22/23-72-120-10418513397102-100-57-665016O

316、ver the past three fiscal years,the average global employee headcount increased by 13%,from 774 to 874.The global health situation linked to the COVID-19 pandemic still affected FY-20/21,resulting in a negative employment rate reflected by 192 departures and 66 arrivals.The progressive return to in-

317、person events and an increase in the number of projects,however,resulted in positive rates of employment,with 170 departures and 287 arrivals in FY-21/22 and 157 departures and 230 arrivals in FY-22/23.Externally,through the work of the Centre for the New Economy and Society,the Forum continued to s

318、upport the creation of more and better jobs and helped provide critical thinking on labour market preparedness for the benefit of governments,employers and workers.More details on the centres work appear in the Annual Report 2022-2023.The most relevant SDG for this metric is SDG 8:Promote inclusive

319、and sustainable economic growth,employment and decent work for all SDG target 8.2:Diversify,innovate and upgrade for economic productivity.Measuring Stakeholder Metrics:Disclosures 2022-202341METRICCORE METRICRESPONSEEconomic contribution1.Direct economic value generated and distributed on an accrua

320、l basis,covering the basic components for the organizations global operations,ideally split out by:a.Revenuesb.Operating costsc.Employee wages and benefitsd.Payments to providers of capitale.Payments to governmentsf.Community investment.2.Financial assistance received from the government:total monet

321、ary value of financial assistance received by the organization from any government during the reporting period.All numbers in million CHFFY-19/20FY-20/21FY-21/22FY-22/231a.Economic value generated/revenue350.6304.8360.4392.71b.Operating costs(170.3)(105.8)(174.9)(201.0)1c.Employee wages and benefits

322、(145.3)(121.7)(133.4)(154.2)1d.Payments to providers of capital(0.8)(0.6)(0.6)(0.4)1e.Payments to governments(20.7)(17.3)(19.5)(13.8)1f.Community investment(3.8)(1.5)(2.4)(6.2)Economic value distributed(340.8)(246.8)(330.9)(375.6)Economic value retained9.858.029.517.11a.Direct economic value generat

323、ed:revenues as reported in the audited financial statements and notes of the FY-19/20,FY-20/21,FY-21/22 and FY-22/23 financial section of the Annual Report.Economic value distributed:costs as reported in the audited financial statements and notes of the FY-19/20,FY-20/21,FY-21/22 and FY-22/23 financ

324、ial section of the Annual Report.1e.For“Payments to governments”,refer to the Total tax paid metric for the breakdown.1f.In terms of“community investment”and in line with the Global Reporting Initiative(GRI)201-1 definition,Forum contributions towards the Young Global Leaders foundation,the Global S

325、hapers foundation and the Schwab Foundation for Social Entrepreneurship are considered community investment because the target beneficiaries are external to the World Economic Forum.Between FY-21/22 and FY-22/23,community investment more than doubled,from CHF 2.4 million to CHF 6.2 million.In FY-22/

326、23,the Forum also decided to contribute CHF 1 million to the municipality of Davoss investment of more than CHF 6 million to build a new energy plant.The objective is to provide green energy and reduce CO2 emissions at the Congress Centre,Kongress Hotel,Extrablatt restaurant and swimming pool.The Fo

327、rum continued to support the local Davos communities during the Annual Meeting.In collaboration with GreenUp,furniture and plants that will not be used in future events were donated to Davos citizens who wished to participate in this initiative.Food leftovers were also donated to the 4Reasons restau

328、rant,which provides meals to the Davos community and raises money for local youth projects.2.In FY-22/23,the Forum recognized CHF 21.6 million in monetary subsidies from governments,compared to CHF 24.2 million in FY-21/22.In FY-22/23,CHF 21.6 million in financial assistance from governments(as defi

329、ned under GRI 201-4)were also realized in the form of grants to support several Forum-led programmes.The main initiatives were the Global Alliance for Trade Facilitation,Tropical Forest Alliance,Global Plastic Action Partnership,Grow Asia,Resource Systems and Resilience,Food Systems Initiative,Frien

330、ds of Ocean Action and First Movers Coalition,with funding received from Switzerland,the United States,Australia,Canada,Denmark,the European Commission,Germany,Japan,the Kingdom of Saudi Arabia,the Netherlands,Norway,Sweden,the United Arab Emirates and the United Kingdom.Measuring Stakeholder Metric

331、s:Disclosures 2022-202342METRICCORE METRICRESPONSEFinancial investment contribution1.Total capital expenditures(CapEx)minus depreciation,supported by narrative to describe the companys investment strategy.2.Share buybacks plus dividend payments,supported by narrative to describe the companys strateg

332、y for returns of capital to shareholders.Total CapEx by fiscal year,2019-2023(in million CHF)20.015.010.05.00.0-5.0FY-18/19ICT TransformationOther CapExTotalFY-19/20FY-20/21FY-21/22FY-22/2311.24.615.916.013.117.85.78.77.38.1(2.4)9.53.612.85.01.In FY-22/23,the World Economic Forum spent CHF 17.8 mill

333、ion in capital expenditures,including information and communications technology transformation(net of depreciation).The Forums real estate investments are focused on increasing the office space footprint in Cologny,Switzerland,to improve collaboration with the Forums constituents while making efforts to promote the local economy and architects.The construction to build 500 square metres of multifu