Sunday, July 8, 2012

World Forum for Ethics in Business

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About the World Forum for Ethics in Business
The World Forum for Ethics in Business is a registered public interest foundation based in Belgium. The mandate of the Forum includes all manners of pursuing and establishing the indispensable ethical foundations of business in a globalized world.
The International Leadership Symposium on Ethics in Business, organized by the World Forum for Ethics in Business, in which the World Bank Institute and the International Association for Human Values are partnering organisations, is an annual event which brings together prominent leaders from business, politics, academia, civil society and faith‐based organizations to dialogue on the pressing need to strengthen human values and ethics in business. The recipients of the WFEB Ethics in Business Award, which honours individuals and companies that have demonstrated the importance of ethics in life and in the business arena, will also be announced at the Conference.
The Symposium was first launched on the inspiration of H.H. Sri Sri Ravi Shankar in 2003 in Bangalore, India, and the venue moved to the European Parliament in Brussels in 2006. Over the past years, political leaders, Nobel Laureates and top executives from leading global companies as Microsoft Corporation, Coca Cola, Infosys, ING Bank, GMR Group, Daimler AG and Tata Services have participated in the annual symposium.

The theme of this year’s Conference, "Capitalism – but not reloaded?! - A systemic crisis and its consequences” stems from the need to reconsider leadership styles and strategies in the face of the ongoing social and economic challenges worldwide. In particular, the Conference will examine new leadership styles that are sustainable and ensure profitability for businesses, and explore whether business and ethics are complementary or contradic­tory. It will provide a platform for leading minds to share their experiences on the value of an ethics based approach to deal with today’s challenges. In these most challenging times, is the focus on human values and ethics an indispensable key to overcoming the current crises and avoiding future crises? What is the leader­ship style that can pave the way for a sustainable future?

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