GLOBAL PROJECTS EXCHANGE REINVENTING GROWTH AT THE INTERSECTION OF BUSINESS AND POLICY NEW YORK 17-18 NOVEMBER 2015 from conversation to action
CONTENTS
04 WELCOME
06 SNAPSHOTS FROM NEW YORK COLUMBIA SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS
10 AGENDA
12 PLENARIES IN PICTURES
24 INSIGHTS INTO BREAKOUT WORKSHOPS
30 SNAPSHOTS FROM NEW YORK DINNER AT THE UNITED NATIONS
32 WHO’S WHO
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I was thrilled to welcome so many of our partners and friends to this year’s Global Projects Exchange, which we co-hosted with Columbia University’s School of International and Public Affairs (SIPA) in New York.
This year, against the backdrop of a renewed global growth agenda and climate agreement, we set out to find ways to reinvent growth at the intersection of business and policy.
We explored opportunities within three action areas that we believe will be essential to growth that balances the needs of the few and the many, the present and the future, and humans and nature: the energy transition, long-term investing, and future-fit talent and skills. And not only are these areas essential, but progress within them will require new collaborations at that business-policy intersection. Collaborations among partners who do not usually work together.
We were very grateful to six leaders who stepped up to chair these working groups at the Exchange: Jeremy Bentham of Royal Dutch Shell; Jason Bordoff of SIPA’s Center on Global Energy and Policy; Antonio Simoes of HSBC Bank; Katherine Garrett-Cox of Alliance Trust; Per Heggenes of IKEA Foundation; and Remi Eriksen of DNV GL Group. Your guidance and vision have set a high bar. Now we must work together to deliver.
And we have already begun. Projects are of course the heart of the Global Projects Exchange – they are the means for us to experiment, learn and scale our impact. This year, we workshopped ten projects, including four that have been incubated by the inaugural class of the Leadership Vanguard. These projects, which range from a coalition to shift to cleaner marine fuels to a new index that ranks the world’s 500 more ‘future-fit’ corporations, show the breadth of our common mission and the depth of our shared commitment. I am very proud of them, and I look forward to many more such projects in the future.
After all, our bias for action is one of our most fundamental values. As our chairman Glen Moreno reminded us last year at the London Global Projects Exchange, “Talk is easy – action is hard”. And indeed, all around us we see examples of high ambition that is not matched by action. In the past six months alone, we’ve seen Volkswagen – the manufacturers of the ‘people’s car’ – admit to cheating emissions tests. We’ve seen the leadership of FIFA, the organisation that governs ‘the beautiful game’, mired in ethics investigations. As trust among business, government and civil society continues to erode, action has become the most important measure of leadership.
The challenges ahead of us are serious. But whether we are scientists or policymakers, advocates or engineers, I believe we have something in common – we are who we are because we take on serious challenges. And this is our time.
Whether you are a partner who is actively involved in our collaborative projects, attends our workshops and roundtables throughout the year and contributes to shaping the strategic direction of our work together, or whether you joined us for the first time in New York, I hope this Exchange offered you an opportunity to build the ideas, partnerships and projects that we need to reinvent growth.
We look forward to moving farther and faster together in 2016.
Osvald Bjelland
WELCOME DR OSVALD BJELLAND CHAIRMAN AND CEO, XYNTÉO
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01: Jens Festervoll, vice president, corporate strategy, Statoil
02: Jeremy Bentham, vice president, Global Business Environment, Royal Dutch Shell
03: Professor John Thwaites, chairman, Monash Sustainability Institute and ClimateWorks
04: De la Ray Venter, executive vice president joint ventures, Royal Dutch Shell
05: Friedrich Wernli, head of architecture and construction, Nestlé, left, with Pramit Pal Chaudhuri, foreign editor, Hindustan Times
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02 03
04
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SNAPSHOTS FROM NEW YORK COLUMBIA SCHOOL OF INTERNATIONAL
AND PUBLIC AFFAIRS
06: Liming Chen, chairman, IBM Greater China Group, left, with Alison Kay, global vice chair, industry, EY
07: Peter Schwartz, senior vice president, global government relations and strategic planning, Salesforce.com
08: Remi Eriksen, group president and CEO, DNV GL, left, with Shaun Gregory, senior vice president, strategy, science and technology, Woodside
09: Xyntéo’s Philip Smith, executive vice president, delivery and growth
10: Valerie Keller, global leader, EY Beacon Institute, and executive director, strategy, advisory, EY
11: Professor Merit E Janow, dean, School of International and Public Affairs, Columbia University
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0807
01: Professor Merit E Janow, dean, School of International and Public
Affairs, Columbia University
02: Eimund Nygaard, group CEO, Lyse
03: Liming Chen, chairman, IBM Greater China Group
04: Meenakshi Sharma, vice president, sustainability and
corporate communication, SABMller India, right,
with Adam Savitz and Mahima Sukhdev, Xyntéo
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02 03
04
05: Glen Moreno and the Partnership Leadership Board
06: Tom Schmitt, member of the board, contract logistics/SCM Schenker AG, left, with Professor Tatsuo Masuda, visiting professor, Nagoya University of Commerce and Business
07: Ann Cormack, director – international, Rolls-Royce
08: Rick Haythornthwaite, non-executive chairman, Centrica, and non-executive chairman, MasterCard, with Lois Quam, chief operating officer, The Nature Conservancy
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AGENDA THE WHO AND WHAT OF OUR TWO-DAY EXCHANGE
Tuesday 17 November @ Italian Academy, Columbia University Welcome to the Global Projects Exchange 2015 with Dr Osvald Bjelland, chairman and CEO of Xyntéo, and Dean Merit E Janow, dean of SIPA – in conversation with Dr Gabrielle Walker, chief scientist, Xyntéo.
Keynote courtesy of Felipe Calderón, former president of Mexico, and chair of the Global Commission on the Economy and Climate.
PANEL: THE NEW GROWTH AGENDA As significant actors on the frontlines of economic growth, we asked how global businesses can work together with policymakers to help drive prosperity for both people and the planet. Moderated by Dr Gabrielle Walker, chief scientist, Xyntéo.
Panellists ✚ Felipe Calderón, former president of Mexico, and chair of the Global Commission
on the Economy and Climate ✚ Hans-Ole Jochumsen, president, NASDAQ OMX✚ Walt Macnee, vice chairman, MasterCard Worldwide ✚ Lois Quam, chief operating officer, The Nature Conservancy
PROJECTS THAT CAN CHANGE THE WORLDThe Global Projects Exchange is committed to translating ideas into action and collaborating on innovative solutions. At this Exchange, we reported on and advanced concrete projects within three arenas we believe are key to new approaches to – and sources of – growth and sit at the intersection of business and policy, undertaken by Xyntéo’s partners.
Introduction by Peter Schwartz, senior vice president, global government relations and strategic planning, Salesforce.com, followed by Glen Moreno, chairman of Pearson, and Philip Smith, executive vice president, delivery and growth, Xyntéo.
Tuesday 17 November @ Italian Academy, Columbia University We then split into three breakout workshops to chart the territory within these arenas where we see potential for impactful collaboration..
✚ Session 1: The energy transition ✚ Session 2: Long-term investing ✚ Session 3: Future-fit talent and skills
Keynote from Professor Jeffrey Sachs, director, The Earth Institute, Columbia University.
Dinner at the United Nations Headquarters.
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Wednesday 18 November @ Faculty House, Columbia University Reflections and opening on day one and day two respectively, from Rick Wheatley, head of leadership and innovation, Xyntéo.
PROJECTS THAT CAN CHANGE THE WORLDWe began the second day of our project sessions in plenary, reviewing progress made on day one.
Participants then attended one of three parallel breakout workshops to explore and progress specific project opportunities in our three arenas: The energy transition; Long-term investing; and Future-fit talent and skills.
Keynote courtesy of Professor Joseph Stiglitz, university professor, Columbia University, and co-president, Initiative for Policy Dialogue, introduced by Professor Eric Verhoogen, vice dean, SIPA, Columbia University.
PLATFORM SPOTLIGHT Spotlight on new partner platforms, moderated by Saya Snow Kitasei, head of energy and Global Projects Exchange programme director, Xyntéo.
Speakers ✚ Harry Brekelmans, projects and technology director, Shell ( joined via videocall)✚ Bente Engesland, senior vice president, corporate communications, Statkraft ✚ John Thwaites, chair, ClimateWorks Australia, and the Monash Sustainability Institute ✚ Alexander Verbeek, founder and director, Institute for Planetary Security✚ Jeremy Heimans, co-founder and CEO, Purpose
Plenary report back on breakout sessions.
Keynote from Lisa Jackson, vice president, environmental, policy and social initiatives, Apple – in conversation with Gabrielle Walker, chief scientist, Xyntéo.
PANEL: THE ROAD THROUGH PARIS Ahead of COP 21 in Paris, our panel discussed the likely future of an international climate agreement, and asked how business and policy can work together to achieve successful climate outcomes. Moderated by Dean Merit E Janow, dean of SIPA.
Panellists✚ Mari Elka Pangestu, former Minister of Trade, Indonesia✚ Bjørn Otto Svendrup, senior vice president, sustainability, Statoil✚ David Sandalow, inaugural fellow, Center on Global Energy Policy, Columbia University
In our closing session, Dr Osvald Bjelland, chairman and CEO, Xyntéo, Dean Merit E Janow, dean of SIPA, and Glen Moreno, chairman of Pearson – and chairman of the Leadership Board – asked ‘What’s next?’.
PLENARY IN PICTURES PRESIDENT FELIPE CALDERÓN
01,03: Felipe Calderón
02: Justus Rohle, front left, director of Christofferson Robb & Company (UK) LLP
WHAT WE HAVE TODAY IS BAD ECONOMY AND BAD CLIMATE AS WELL. SO IF ALL THIS EVIDENCE IS SO OVERWHELMING, SO CLEAR, WHAT ARE THE REASONS WE ARE NOT ACTING TODAY? WE DON’T NEED TO CHOOSE BETWEEN ECONOMIC GROWTH AND CLIMATE RESPONSIBILITY.”
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Felipe Calderón, former president of Mexico and chair of the Global Commission on the Economy and Climate, provided the Exchange’s opening keynote.
Calderón spoke about the urgent need to both spark economic growth, which will in turn help to alleviate poverty and inequality, and to address the consequences of climate change – which he described as “probably the most pressing or important problem on a planetary scale” today.
He closed with an example from his time as Mexico’s president, when he spearheaded a programme that allowed householders to switch their old appliances for new, energy-efficient models, thus illustrating that the intersection between business and policy is ripe with opportunities.
04: Xyntéo’s head of collaboration and systems thinking, Dafydd Elis
05: Tom Intrator, president and CEO of Cargill International
WE NEED TO FOSTER INNOVATION. ADVANCES IN TECHNOLOGY HAVE
GENERATED IMPROVEMENTS IN STANDARDS OF LIVING PRACTICALLY
SINCE THE BEGINNING OF HISTORY. INNOVATION GENERATED THE
INDUSTRIAL REVOLUTION, AND IT CAN NOW HELP US DRIVE A NEW
REVOLUTION – THIS TIME TO A TRULY GREEN ECONOMY.”
IT IS POSSIBLE TO JOIN EFFORTS IN ORDER TO DO GOOD, AND DO WELL FOR ANYONE. WE CAN TACKLE CLIMATE CHANGE, AND AT THE SAME TIME GET THE ECONOMIC GROWTH WE ARE LOOKING FOR. WE NEED TO DO IT RIGHT NOW.”
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PLENARY IN PICTURES PANEL: THE NEW GROWTH AGENDA
Felipe Calderón then joined: Hans-Ole Jochumsen, president of NASDAQ OMX; Walt Macnee, vice chairman of MasterCard Worldwide; and Lois Quam, chief operating officer of The Nature Conservancy in our first panel discussion on the new growth agenda.
Moderated by Xyntéo’s chief scientist Dr Gabrielle Walker, the panel asked how, as significant actors on the frontline of economic growth, global businesses can work together with policymakers to help drive prosperity for both people and planet.
The panellists each gave compelling examples of collaborations within and beyond their respective organisations, and a common theme was that growing our economy and dealing with climate change are not mutually exclusive – particularly if different actors from across business, policy and civil society work together.
01: Hans-Ole Jochumsen, president, NASDAQ OMX
02: Alexander Verbeek, director, Institute for Planetary Security
03: Felipe Calderón with Xyntéo chief scientist Dr Gabrielle Walker
GROWTH AND JOBS ARE CREATED BY SMALL COMPANIES WITH NEW IDEAS THAT NEED FINANCING. HOWEVER, BECAUSE OF THE HIGH RISK INVOLVED, THESE ORGANISATIONS OFTEN CAN’T BORROW MONEY FROM BANKS. THIS HAS BEEN A BIG CHALLENGE OVER THE LAST 10 YEARS”Hans-Ole Jochumsen
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04: Lois Quam, chief operating officer, The Nature Conservancy
05: Katherine Garrett-Cox CBE. chief executive, Alliance Trust Plc
06: Walt Macnee, vice chairman, MasterCard
EVENTS ARE OVERTAKING US. BUT THEY DON’T HAVE TO OVERTAKE US. WE CAN,
THROUGH WORKING TOGETHER IN MORE EFFECTIVE WAYS, FIND THE NEW
RECIPES TO MOVE FORWARD”
IN THE PRIVATE SECTOR, WHEN YOU GET UP IN THE MORNING, YOU WORRY ABOUT WHETHER YOU’RE GOING TO EXIST AT THE END OF THE DAY. SUSTAINABILITY IS ABOUT YOUR ABILITY TO CREATE SHORT-TERM PROFIT AND ENSURE THE LONG-TERM SURVIVAL OF YOUR BUSINESS”Walt Macnee
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PLENARY IN PICTURES PROFESSOR JEFFREY SACHS
Professor Jeffrey Sachs, director of Columbia University’s Earth Institute delivered a speech on the urgency of tackling climate change by every means necessary.
Professor Sachs ended saying there is hope in the form of non-state and state actors coming forward as well as business making lots of positive commitments to create change and leverage new opportunities.
He also perfectly teed-up our day-two closing panel by reminding us that this is about ‘the road through Paris’, not ‘the road to Paris’ – an important distinction in the Paris agreement being just the start of a new, critical phase of transformation that must involve government, business and civil society.
IT’S NOT A JOKE. THIS IS NOT A GAME. THIS IS THE ONLY PLANET WE HAVE. THIS ISN’T EXPERIMENTING WITH A LITTLE PIECE OF THE PLANET. THIS IS THE WHOLE STORY. AND WE KNOW ENOUGH TO KNOW THAT THIS IS SERIOUS, REALLY SERIOUS.”
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01,03: Professor Jeffrey Sachs, director of Columbia University’s
Earth Institute
02: Liming Chen, chairman, IBM Greater China Group
04: Dr Osvald Bjelland, chairman and CEO, Xyntéo, left, with Remi Eriksen, group president and CEO, DNV GL
ALMOST ANYTHING THAT NEEDS TO BE DONE HAS TO BE DONE IN A SYSTEMIC
WAY. AND THE SYSTEMIC WAY MEANS IT’S NOT JUST ONE THING; IT’S MULTIPLE
THINGS INTERACTING TO PRODUCE AN OUTCOME. FOR EXAMPLE, YOU
CANNOT DECARBONISE WITH INTERNAL COMBUSTION VEHICLES, BUT YOU ALSO
CAN’T DECARBONISE WITH ELECTRIC VEHICLES FED BY A DIRTY GRID. WHAT
YOU CAN DO IS DO BOTH – CLEAN THE GRID AND CLEAN THE VEHICLES.”
HAVE A PRACTICAL PLAN. WITHOUT THAT, IT’S HARD TO WIN A DEBATE. IT REALLY IS HARD TO BEAT SOMETHING WITH NOTHING.”
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PLENARY IN PICTURES PROFESSOR JOSEPH STIGLITZ
Leading American economist Joseph Stiglitz, university professor at Columbia University and co-president of the Initiative for Policy Dialogue, spoke about the intersection between climate change and problems of inequality before exploring the need to rewrite the rules that govern this intersection.
Since the financial crisis, Professor Stiglitz argued, most of our attention has focused on how we can prevent the financial sector from imposing harm on the rest of society in the form of excess risk-taking and market manipulation.
But, he argued, the real issue is that the financial market hasn’t been performing the functions we require it to do in intermediating between the savings and the investment needs of our society – the market’s greatest failure, in Professor Stiglitz’s eyes.
01,03: Joseph Stiglitz, university professor at Columbia University and co-president
of the Initiative for Policy Dialogue
02: Bente E Engesland, senior vice president, corporate
communication, Statkraft
ONE ASPECT OF REWRITING THE RULES IS TO TRY TO UNDERSTAND HOW OUR LEGAL SYSTEM, OUR TAX SYSTEM, OUR WHOLE SOCIETY, HAS LED TO THIS SYSTEM OF SHORT-TERMISM ON THE FINANCIAL MARKETS, AND HOW THAT IS, IN TURN, UNDERMINING THE FUNCTIONING OF THE MARKET ECONOMY.”
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I THINK THE MIGRATION THAT’S BEEN SEEN IN
EUROPE IS ACTUALLY SMALL COMPARED TO WHAT MIGHT
HAPPEN IF WE DON’T DEAL WITH THE PROBLEMS OF
CLIMATE CHANGE. IN FACT, A LOT OF THE MIGRATION
COMING FROM SOUTH OF THE SAHARA IS A RESULT
OF CHANGES IN CLIMATE.”
WE’RE TRYING TO IDENTIFY THE RULES THAT HAVE LED TO SHORT-TERMISM, SO THAT WE CAN REWRITE THOSE RULES TO TRY CREATE AN ECONOMY WITH A FOCUS ON THE LONG-TERM.”
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PLENARY IN PICTURES LISA JACKSON
A highlight of the two-day Exchange was welcoming Lisa Jackson, vice president of environmental, policy and social initiatives for Apple. Having worked as a regulator, Ms Jackson provided a unique perspective on the opportunities for businesses to act now rather than wait on policy.
In conversation with Xyntéo’s chief scientist Dr Gabrielle Walker, Ms Jackson revealed how her childhood passions for math and science led to her studying chemical engineering in college and set her on the path towards environmental engineering and protecting the natural environment.
As well as sharing insights into Apple’s forward-leaning environmental, policy and social initiatives, Ms Jackson drew on her policy background as Administrator of the US Environmental Protection Agency, a position that she held from 2009 to 2013, to demonstrate how business and policymakers can work together to leverage new opportunities and reinforce the message that you don’t have to choose between a clean and healthy environment and a thriving economy.
01,03: Lisa Jackson, vice president of environmental, policy and social
initiatives, Apple, in conversation with Xyntéo’s chief scientist
Dr Gabrielle Walker
02: Rick Haythornthwaite, non-executive chairman, Centrica, and non-executive
chairman, MasterCard
I ALWAYS SAID: ‘YOU DO NOT HAVE TO CHOOSE BETWEEN A CLEAN AND HEALTHY ENVIRONMENT AND A THRIVING ECONOMY’. IF WE REALLY WANT TO SEE SUSTAINABLE CHANGE AND WE WANT TO SEE SUSTAINABILITY IN EVERY SENSE OF THE WORD, IT HAS TO BE ECONOMICALLY SUSTAINABLE.”
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04: André Grabow, key account manager, DNV GL Maritime
I STRONGLY BELIEVE THAT BUSINESS HAS A ROLE TO PLAY IN THIS TRANSITION,
ALTHOUGH IT’S NOT ALWAYS THE ONE THAT WE’RE OFTEN
ASKED TO PLAY. WHAT BUSINESS CAN DO IS JUST
DO IT. WE CAN DO IT FASTER. WE CAN DEMONSTRATE – AS
I THINK APPLE HAS DONE IN NUMEROUS WAYS – THAT
YOU CAN DO IT AND STILL MAKE MONEY AND STILL BE
FOCUSED ON YOUR CORE BUSINESS. I NEED TO BE
ABLE TO SHOW PEOPLE ALL THE THINGS WE DO AND
FOLLOW IT UP WITH: ‘ AND OH, BY THE WAY,
THEY’RE ALL GOOD FOR THE BOTTOM LINE’.”
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PLENARY IN PICTURES PANEL: THE ROAD THROUGH PARIS
With the Global Projects Exchange being held just two weeks ahead of COP 21 in Paris, bringing together 25,000 delegates from 190 countries and drawing 50,000 attendees, much of our dialogue was focused around this important meeting.
Professor Merit E Janow, dean of the School of International and Public Affairs (SIPA) at Columbia University, moderated a panel discussion between: Mari Elka Pangestu, former Minister of Trade for Indonesia; David Sandalow, inaugural fellow at the Center on Global Energy Policy at Columbia University; and Bjørn Otto Sverdrup, senior vice president of corporate sustainability at Statoil.
Professor Pangestu drew on lessons from Indonesia’s recent fires, to speak about the very real need to tackle these issues. She also discussed the challenges of coordinating policy at the national and local level.
Professor Sandalow then painted a positive picture of the USA’s engagement in COP21 and President Barack Obama’s clear intent to participate in meaningful change, despite the challenges presented by the US Congress, remaining optimistic that the USA would play an increasingly positive role. Finally, Mr Sverdrup articulated the need for oil and gas companies to reinvent themselves, and the role they hoped to play in the energy transition; a journey which Statoil has already begun.
01: Mari Elka Pangestu, former Minister of Trade for Indonesia
02: Truman Semans, CEO, Element Capital
I THINK ONE OF THE ISSUES OF IMPLEMENTATION IS THAT THE DOMESTIC POPULATION MUST BE PUSHING THE POLITICIANS TO WANT TO CHANGE. OTHERWISE AS WE KNOW, IT’S DIFFICULT.”Mari Pangestu
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03: David Sandalow,
inaugural fellow at the Center
on Global Energy Policy
at Columbia University
04: Bjørn Otto Sverdrup, senior
vice president of corporate
sustainability, Statoil
$100 BILLION A YEAR CLIMATE FINANCE IS NEVER GOING TO COME FROM
DONOR AID. MOST OF THE MONEY IS GOING TO COME FROM THE PRIVATE
SECTOR, AND THAT MEANS INVESTMENT READINESS IN DEVELOPING COUNTRIES
AS WELL AS THE WILLINGNESS TO INVEST BY DEVELOPED COUNTRIES.”
David Sandalow
WE ARE THINKING VERY DEEPLY ABOUT WHAT THE PATHWAY FOR STATOIL GOING FORWARD SHOULD BE. IF YOU HAVE ANY ADVICE OR INPUT THAT YOU’D LIKE TO SHARE WITH US, JUST SHARE IT. WE’RE CURIOUS ABOUT THE FUTURE. AND IN ORDER TO BE SUCCESSFUL, I’M PRETTY CONVINCED THAT WE WILL NEED ADVICE AND INPUT AND ENCOURAGEMENT FROM MANY OF YOU.”Bjørn Otto Sverdrup
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SESSION 01 THE ENERGY TRANSITION INSIGHTS INTO BREAKOUT WORKSHOPS
The global energy system is undergoing the greatest upheaval in generations. The impacts of climate change are being felt more frequently and severely, exacerbated by surging energy use in emerging markets, with 1.3 billion people still lacking access to modern energy services.
Science and technology are unlocking new energy sources, from unconventional oil and gas resources to renewable and other clean energy technologies. And changes are afoot on the demand side as well, with new customer-centric and digitally-enabled services disrupting traditional business models. The altered dynamics between energy producers and empowered consumers are transforming the energy ecosystem and impacting geopolitics.
During this breakout session, participants asked: how can business, policymakers and stakeholders at community, national and international levels collaborate to define and accelerate a low-carbon energy transition?
Three collaborations were profiled:
✚ The digital future of energy
The impact of digital technology on the energy space is at the heart of a cross-sector project involving Xyntéo, EDP, ČEZ and Statkraft, which has seen the partners collaborate with future-orientated entrepreneurs and innovators from a range of industries including Amazon, Telenor, BT and IBM. The partners’ ambition is to identify new, digitally-enabled service or business model opportunities, and explore strategies for their rapid scaling, that can simultaneously yield growth and meet future societal needs.
✚ LNG marine fuel coalition
Liquefied natural gas (LNG) is today’s cleanest hydrocarbon marine fuel. LNG-fuelled vessels generate almost no sulphur dioxide, much reduced nitrogen oxides and as much as 20 per cent less greenhouse gas than vessels powered by heavy fuel oil. However, first movers struggle with cost and uncertainty. To unlock the potential of LNG as a marine fuel, Xyntéo and Shell are working together to develop a multi-sector collaboration made up of high impact stakeholders from across the shipping value chain. Together, we can enable the global shipping industry to continue to play a powerful role in fuelling our future growth, without compromising the environment we depend on.
✚ The village of the future (a Leadership Vanguard initiative)
A third of the world’s population today have no access to dependable energy, with the vast majority living in the rural, developing world. Myanmar is a particular case in point: only about one third of people are connected to the electricity grid and only ten per cent are connected to a mobile or internet network. Using a bottom-up approach, this project aims to empower village communities in Myanmar by establishing dependable access to energy and internet, advancing ‘future-fit’ skills and capacities of residents, and testing and creating new income-generating activities.
The Global Projects Exchange is committed to translating ideas into action and collaborating on innovative solutions. At this Exchange, we reported on and advanced concrete projects within three arenas we believe are key to new approaches to growth and sit at the intersection of business and policy.
We then split into three breakout workshops to debate big questions and enrich projects in these three arenas.
Session 1: The energy transition
Session 2: Long-term investing
Session 3: Future-fit talent and skills
Four of the profiled projects were initiated through Xynteo’s cross-sector Leadership Vanguard programme.
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01: Saya Snow Kitasei, head of energy and Global Projects Exchange programme director, Xyntéo
02: Workshop participants
03: Tom Intrator, Claes G Bergland, Jeremy Bentham and Julie Fallon
04: Nicolaus Bunnermann, managing director, Atlantic Lloyd
IT IS POSSIBLE TO JOIN EFFORTS IN ORDER TO DO GOOD, AND DO WELL FOR ANYONE. WE CAN TACKLE CLIMATE CHANGE, AND AT THE SAME TIME GET THE ECONOMIC GROWTH WE ARE LOOKING FOR. WE NEED TO DO IT RIGHT NOW.”
✚ Outcomes
Jeremy Bentham kicked off our session by observing that the energy transition is already underway, or as William Gibson famously said, “The future is here – it’s just not evenly distributed”. The group agreed that managing this transition will require sector-by-sector reform, looking not just at new technologies but at new business models, new financing mechanisms and new partnerships.
Each of the projects showcased received expressions of interest from new partners as well as valuable feedback and input on their next steps.
The LNG Marine Fuel Coalition team explored ways to incorporate non-fuel solutions such as vessel efficiency and hybrid propulsion systems into their scope. Participants also discussed how the coalition might influence large non-private fleet owners such as the US Navy. The coalition aims to meet in early February to formalise their next steps.
The Digital Future of Energy team will develop concrete recommendations on how to develop the critical components in the transition of incumbents towards innovative organisations that can thrive in the digital consumer-centric future: people/skills, culture, governance and IT capabilities.
The Leadership Vanguard’s ‘Village of the future’ initiative, as well as the broader Myanmar coalition, will be launched in early March 2016 at the Leadership Vanguard Exchange. In New York, the team discussed ways to build a stronger business case for household entrepreneurs, and to seek synergies with the Digital Future of Energy project.
Finally, the group generated several new project ideas that we will be developing in the new year. Among these is a business-investor coalition around carbon capture and utilisation, an area with the potential to play a key role in meeting a net-zero economy.
For more information on these projects or to get involved, please contact [email protected].
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SESSION 02 LONG-TERM INVESTING INSIGHTS INTO BREAKOUT WORKSHOPS
Access to capital is a critical lever for economic growth. Socially-responsible investing, development aid and corporate social responsibility initiatives are evaluating investments not only by purpose but also by profit. But these mechanisms alone are not sufficient.
By emphasising short-term returns, our markets and institutions are leaving behind large areas – from cleantech to entrepreneurs in the developing world – that will be essential for realising a future in which man and nature are in balance, and the benefits of growth are enjoyed by the many, not just the few. In this session, the group considered the new instruments, systems and collaborative models that can channel finance towards longer-term investments, and how policy can support this shift.
✚ Investing for shared value
A number of oil and gas real-estate assets on long-term contracts are coming up for renegotiation around the world. At the same time, resource-owning nations are seizing the opportunity to capture much greater value from new deals (both in earnings and localised development). As classic commercial approaches to foreign operations are becoming insufficient, what kinds of policies, regulations, and projects can channel
investment towards long-term growth (shared value) in emerging economies while helping to secure a company’s long-term license to operate? How can a group of companies across sectors work to set out new local regulations, best practices, or direct investment models that can be replicated in other countries and/or scaled?
✚ Finance for smart meter deployment
The City of Tshwane (South Africa’s administrative capital city) is responsible for electricity supply to a population of around 500,000 customers. Tshwane had endemic problems with late payments, long-term debtors and electricity theft. The City turned to its panel of service providers to create an off-balance sheet, self-funding smart metering implementation programme. Peu Capital, an investment holding company, submitted a successful proposal under which it would own and operate the new smart system in Tshwane in return for a service fee. How and where can we support the scaling and replication of this model with EY and project partners?
✚ Amplifying the impact of corporate venture capital
By mobilising corporate venture units (CVC), companies are increasingly looking to get ahead of the technology disruption curve so they can diversify from and build
optionality into their core business. CVCs that are able to leverage their parent’s balance sheet not only through investing in the underlying fund, but also by procuring the proven technologies the funds invest in, can radically accelerate the development of these businesses and markets. So, as CVCs are inherently influencing the funding ecosystem, can they and traditional investors collaborate to accelerate technology development and deployment? How would such a collaboration work and can a network be created to improve origination?
✚ Future-fit 500: redefining how we measure value (a Leadership Vanguard initiative)
Corporate rankings today are focused on the principles of an outdated growth model. We need rankings to tell us which companies will shape the future. This project aims to build a holistic, future-appropriate valuation framework to help companies, investors and other stakeholders make better decisions. This new ranking and reporting – the ‘Future-fit 500’ – will draw on existing measures of natural and financial capital, but add a new capital, ‘future capital’, based on positive externalities.
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01: Emma Howard Boyd, chair, ShareAction deputy chair, Environment Agency
02: De la Ray Venter, executive vice president joint ventures, Shell
03: Professor Patrick Bolton, Columbia Business School, Columbia University
04: Xyntéo’s Dr Gabrielle Walker, John B Fullerton, founder and president, Capital Institute, and Georg Kell, vice chairman, Arabesque Partners, and founding executive director, UN Global Compact
05: Harald J Melwisch, vice president, brand building dach, marketing, Unilever
IT IS POSSIBLE TO JOIN EFFORTS IN ORDER TO DO GOOD, AND DO WELL FOR ANYONE. WE CAN TACKLE CLIMATE CHANGE, AND AT THE SAME TIME GET THE ECONOMIC GROWTH WE ARE LOOKING FOR. WE NEED TO DO IT RIGHT NOW.”
✚ Outcomes
‘Investing in shared value’ discussions centred on the question of how companies working in emerging markets can win at both the corporate and community levels. A number of partners came forward with their own experiences of channelling investments in emerging economies in such a way as to help secure their company’s long-term licence to operate. The primary lesson learned was around the need to integrate fast feedback mechanisms, in order to identify emergent problems quickly, and make necessary adjustments rapidly. It was also suggested that partnership with trusted organisations such as the OECD could help ensure a mutually-beneficial relationship between country and corporate.
Participants were similarly ready with support for the ‘smart meter deployment’ team, who were looking for opportunities to scale and replicate the model they have piloted in South Africa. A range of potential investors (from OPEC to private equity) were identified; and it was suggested that some additional work might be done to redefine the benefit to customer of making the smart meter transition, in order to incentivise rather than regulate the shift.
The group enjoyed a focused discussion on the role of corporate venture capital (CVC) in investing in start-ups with potential solutions for overcoming systemic challenges such as climate change. The primary takeaway was that providing start-ups with access to sharing platforms and global networks that allow them to pilot and roll out new technologies could improve deal flow for CVCs.
Finally, it was agreed that in order to shift our economic growth model away from short-term thinking and investment, it is imperative that companies are measured, not against best practice, but against required practice. It was suggested that players such as Bloomberg and Google would be critical for Future-fit 500 to leapfrog other – less useful – indices. In addition, the team was advised to establish their fund in the first year or the index, in order to demonstrate serious intent.
For more information on these projects or to get involved, please contact [email protected].
03 04
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SESSION 03 FUTURE-FIT TALENT AND SKILLS INSIGHTS INTO BREAKOUT WORKSHOPS
Accelerating technological development, globalisation and shortening investment cycles are widening the gap between future growth and a meaningful inclusion of our global workforce. This structural disconnect is a leading cause of inequality and instability, undermining the foundations upon which we lead.
Creating inclusive, resilient growth will depend on a deep ‘future-fit’ pool of talent and skills. Individuals, organisations and economies will need a step change in agility, entrepreneurship, curiosity and collaboration to engage and thrive in this increasingly complex, interconnected world. Leaders will be increasingly demanded not only to demonstrate these attributes themselves but also to build communities and organisations that can foster and harness them in many people, in part by identifying and empowering ‘catalysts’ who can kick-start new growth in their immediate communities.
How are businesses, policymakers, and civil society working together in different geographies to provide the next generation with the skills and capacities that will be needed? How can better collaboration among these sectors close the skills gap? We showcased a suite of projects from the Leadership Vanguard to our work on empowering women in India, which served as models to take forward.
✚ Lifescores (a Leadership Vanguard initiative)
A fundamental flaw in our growth model is that we as individuals often value the wrong things. We need to drive a psychological shift from wanting to be rich to wanting to be relevant. This project is creating a digital platform that uses the psychological principles of gamification to measure and reward all purchasing and usage decisions, calculating them into points, Lifescores, to help consumers make better choices for themselves, their communities and the planet – and, in the process, become more relevant.
✚ Skilling women for employment in the stainless steel sector
As part of one of the six pilots being launched in the project Xyntéo is delivering in India with the IKEA Foundation, UNDP and India Development Foundation, this three-year programme aims to positively impact the lives of a million women by providing them with skills training, education, employment and entrepreneurial opportunities. Jindal Stainless Limited is is taking the lead in managing a skills programme in stainless steel fabrication applications in the Delhi National Capital Region (NCR) for four to six months, with a target of 1,800 women trained over three years. By providing vulnerable
women with the necessary skills and knowledge, and linking them with markets and employers, we hope to help them become economically self-sufficient and consequently help improve the quality of India’s growth.
✚ Water4Life (a Leadership Vanguard initiative)
Water is fundamental to all life. But one-third of the world’s population lives in water-stressed areas, and nearly a billion people live without access to safe drinking water.
This project aims to initiate and lead a systems-sized collaboration that leverages the reach and capabilities of the private sector. The first point of intervention will aim to connect and scale-up locally appropriate solutions to water scarcity and pollution in a select region along the Ganges River in India.
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01
01: Per Heggenes, Remi Eriksen and Xyntéo’s Ashish Bhatt
02: Per Heggenes, CEO, IKEA Foundation
03: Neil Kavanagh, chief science and technology manager, Woodside Energy
04: From left, Xyntéo’s Mita Broca, Valerie Keller, global leader, EY Beacon Institute, and executive director, strategy, advisory, EY, and Brigadier Rajiv Williams
05: Brigadier Rajiv Williams, corporate head, corporate social responsibility, Jindal Stainless left, with James Shapiro, resident director, North America, Tata Sons
IT IS POSSIBLE TO JOIN EFFORTS IN ORDER TO DO GOOD, AND DO WELL FOR ANYONE. WE CAN TACKLE CLIMATE CHANGE, AND AT THE SAME TIME GET THE ECONOMIC GROWTH WE ARE LOOKING FOR. WE NEED TO DO IT RIGHT NOW.”
✚ Outcomes
Participants agreed on a set of six design principles that could act as a framework for the development of projects designed to develop talent and skills that are fit for the future. In particular, the principle stating the need for such projects to be responsive to the context in which they are operating, was deemed to be of the utmost importance, to create an environment that fosters trust, as well as a sense of urgency.
The repositioning of education and skill-building was discussed at length, including a greater degree of emphasis on life-long learning. Similarly, there was strong agreement around the need for skill-building programmes to match the right supply of talent with an identifiable business need.
There was strong interest in replicating the India Skills model in Turkey, a collaboration which will be explored as the project in India progresses. Similarly, SABMiller showed a commitment to supporting the Leadership Vanguard’s Water4Life project in India, in line with their focus on water.
Finally, it was agreed that by combining the best of the Leadership Vanguard and India Skills, a partnership-wide project on talent and skills could be successfully developed and implemented. This will be further explored by the partnership.
For more information on these projects or to get involved, please contact [email protected].
03 04
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SNAPSHOTS FROM NEW YORK DINNER AT THE UNITED NATIONS
01: Dr Prashant Kumar Soni, head of department, safety, DNV GL Oil & Gas
02: Xyntéo’s Nyla Khan and Per Heggenes, CEO, IKEA Foundation
03: Xyntéo’s Saya Snow Kitasei
04: Toril Nag, executive vice president, telecom, Lyse, and
Alex Milward, partner, EY
30
01
02 03
04
05: Pedro Neves Ferreira, head of strategy, planning and corporate risk management, EDP – Energias de Portugal
06: Lin Marie Holvik, rektor (headmaster), Nordahl Greig Videregåande Skole, left, with Heidi van Genderen, director of external affairs, Office of Congressional Intergovernmental and External Affairs, US Department of Energy
05 06
WHO’S WHO AN OUTSTANDING GROUP OF LEADERS AND CHANGE-MAKERS JOINED US IN NEW YORK
MAURICE ADRIAENSEN HEAD OF DEPARTMENT AND GLOBAL SERVICE LINE LEADER, DNV GL
SCOTT ANDERSON DIRECTOR, GLOBAL POWER AND UTILITIES, EY
ANTONIO BALDASSARRE ENGINEERING EXECUTIVE MANAGER, GE OIL & GAS
VINCE BARABBA CHAIRMAN, MARKET INSIGHT CORPORATION
CHRISTINE BARNASENIOR COMMUNICATIONS ASSOCIATE,NASDAQ INC
YASEMIN BEDIR COUNTRY MANAGER, TURKEY, MASTERCARD
JEREMY BENTHAM VICE PRESIDENT, GLOBAL BUSINESS ENVIRONMENT, ROYAL DUTCH SHELL PLC
BARRUCH BEN-ZEKRY DIRECTOR, SUSTAINABLE PRODUCTS AND MATERIALS, VF CORPORATION
CLAES G BERGLUND DIRECTOR, PUBLIC AFFAIRS AND SUSTAINABILITY, STENA AB
LIBBY BERNICKSENIOR VICE PRESIDENT, TRUCOST PLC
ASHISH BHATT MANAGING DIRECTOR, XYNTÉO
DR OSVALD BJELLAND CHAIRMAN AND CEO, XYNTÉO
PROFESSOR PATRICK BOLTON COLUMBIA BUSINESS SCHOOL, COLUMBIA UNIVERSITY
PROFESSOR JASON BORDOFF FOUNDING DIRECTOR, CENTER ON GLOBAL ENERGY POLICY, COLUMBIA UNIVERSITY
HARRY BREKELMANS PROJECTS AND TECHNOLOGY DIRECTOR, AND MEMBER OF THE EXECUTIVE COMMITTEE, ROYAL DUTCH SHELL PLC
NICOLAUS BUNNEMANN MANAGING DIRECTOR, ATLANTIC LLOYD
PRESIDENT FELIPE CALDERÓN CHAIRMAN, GLOBAL COMMISSION ON THE ECONOMY AND CLIMATE CHANGE
REID CAPALINOSENIOR ENERGY ANALYST, CARBON TRACKER
ELLE CARBERRY MANAGING DIRECTOR, CLIMATE CHANGE AND AIR QUALITY PROGRAM, THE PAULSON INSTITUTE
ROBERT CARVALHO VICE PRESIDENT, ENGINEERING, NESTLE PURINA PETCARE COMPANY
PRAMIT PAL CHAUDHURI FOREIGN EDITOR, HINDUSTAN TIMES
LIMING CHEN CHAIRMAN, IBM GREATER CHINA GROUP
DIEGO COMINA DIGITAL SOLUTIONS PRODUCT DEVELOPMENT LEADER, GE OIL & GAS
JO CONFINO HUFFINGTON POST
ANN CORMACK DIRECTOR – INTERNATIONAL, ROLLS-ROYCE
TONE K DAHLE CHIEF EDITOR, STATKRAFT
NICOLA DE BLASIO SENIOR RESEARCH SCHOLAR, SIPA CENTER ON GLOBAL ENERGY POLICY, COLUMBIA SIPA
SOPHIE DEJONCKHEERE MANAGER, ENERGY AND ENVIRONMENT, COLUMBIA SIPA
SEAN DUSSELIERPROJECT MANAGER, NASDAQ INC
BENTE E ENGESLAND SENIOR VICE PRESIDENT, CORPORATE COMMUNICATION, STATKRAFT
REMI ERIKSEN GROUP PRESIDENT AND CEO, DNV GL
JULIE FALLON SENIOR VICE PRESIDENT, ENGINEERING, WOODSIDE ENERGY
PEDRO NEVES FERREIRA HEAD OF STRATEGY PLANNING AND CORPORATE RISK MANAGEMENT, EDP – ENERGIAS DE PORTUGAL
JENS FESTERVOLL VICE PRESIDENT, CORPORATE STRATEGY, STATOIL
EDWINA FITZMAURICE PRINCIPAL, EY
FREDDY FRIBERG AREA MANAGER, FINLAND, RUSSIA AND THE BALTICS, DNV GL MARITIME
EVAN FUERYVICE PRESIDENT, POLITICAL AND PUBLIC AFFAIRS, STATOIL
JOHN B FULLERTONFOUNDER AND PRESIDENT, CAPITAL INSTITUTE
PROFESSOR ROSS GARNAUTPROFESSORIAL RESEARCH FELLOW IN ECONOMICS, FACULTY OF BUSINESS AND ECONOMICS, UNIVERSITY OF MELBOURNE
KATHERINE GARRETT-COX CBE CHIEF EXECUTIVE, ALLIANCE TRUST PLC
HEIDI VAN GENDEREN DIRECTOR OF EXTERNAL AFFAIRS, OFFICE OF CONGRESSIONAL INTERGOVERNMENTAL AND EXTERNAL AFFAIRS, US DEPARTMENT OF ENERGY
JENNIFER GOOTMANDIRECTOR, SOCIAL CONSCIOUSNESS AND INNOVATION, WEST ELM
ANDRÉ GRABOW KEY ACCOUNT MANAGER, DNV GL MARITIME
SHAUN GREGORY SENIOR VICE PRESIDENT, STRATEGY, SCIENCE AND TECHNOLOGY, WOODSIDE
JONATHAN BOYD GRIMESGROUP HEAD OF LEADERSHIP DEVELOPMENT, DNV GL GROUP
DR COLIN G HARRISON IBM DISTINGUISHED ENGINEER EMERITUS, IBM
RICK HAYTHORNTHWAITE NON-EXECUTIVE CHAIRMAN, CENTRICA, AND NON-EXECUTIVE CHAIRMAN, MASTERCARD
AKANKSHA HAZARI CEO AND FOUNDER, M.PAANI
PER HEGGENES CEO, IKEA FOUNDATION
JEREMY HEIMANSCO-FOUNDER AND CEO, PURPOSE
JEREMY HILLMANDIRECTOR, CORPORATE COMMUNICATIONS, WORLD BANK
DR YASMINE HILTON CHAIRMAN, SHELL, INDIA MARKETS
BJØRN HOLSEN HEAD ADVISOR, CORPORATE STRATEGY, STATKRAFT
LIN MARIE HOLVIK REKTOR (HEADMASTER), NORDAHL GRIEG VIDEREGÅENDE SKOLE
MELODY HONG DIRECTOR, PROFESSIONAL SERVICES, SINGAPORE ECONOMIC DEVELOPMENT BOARD EMMA HOWARD BOYD CHAIR, SHAREACTION DEPUTY CHAIR, ENVIRONMENT AGENCY
TOM INTRATOR PRESIDENT AND CEO, CARGILL INTERNATIONAL
PROFESSOR SHEENA IYENGAR PROFESSOR OF BUSINESS, MANAGEMENT DIVISION, COLUMBIA BUSINESS SCHOOL
Speaker
Leadership Board
32
LISA P JACKSON VICE PRESIDENT, ENVIRONMENT, POLICY AND SOCIAL INITIATIVES, APPLE INC
MERIT E JANOW DEAN, SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS, COLUMBIA UNIVERSITY
CRAIG JENNINGS SENIOR DEVELOPMENT ENGINEER, WOODSIDE ENERGY
HANS-OLE JOCHUMSEN PRESIDENT, NASDAQ OMX
ALISHA JOHNSON APPLE INC
OVE JØLBO EXECUTIVE VICE PRESIDENT, CHIEF OF STAFF, LYSE AS
PROFESSOR JACOB KARNI WEIZMANN INSTITUTE
NEIL KAVANAGH CHIEF SCIENCE AND TECHNOLOGY MANAGER, WOODSIDE ENERGY
ALISON KAY GLOBAL VICE CHAIR, INDUSTRY, EY
GEORG KELL VICE CHAIRMAN, ARABESQUE PARTNERS, AND FOUNDING EXECUTIVE DIRECTOR, UN GLOBAL COMPACT
VALERIE KELLERGLOBAL LEADER, EY BEACON INSTITUTE, AND EXECUTIVE DIRECTOR, STRATEGY, ADVISORY, EY
TOK KIAN SENG PRINCIPAL ENGINEER, SUBSEA, STRUCTURES AND PIPELINES, DNV GL OIL & GAS SAYA SNOW KITASEI HEAD OF ENERGY AND GLOBAL PROJECTS EXCHANGE PROGRAMME DIRECTOR, XYNTÉO
JULES KORTENHORST CEO, ROCKY MOUNTAIN INSTITUTE
BART KUPPENS VICE PRESIDENT, MARKETING, BENELUX UNILEVER
JACK LESLIE CHAIRMAN, WEBER SHANDWICK
SVEIN JAKOB LIKNES VICE PRESIDENT, ALVHEIM ASSET – OPERATIONS, DET NORSKE OLJESELSKAP
WALT MACNEE VICE CHAIRMAN, MASTERCARD
DR SERGEJ MAHNOVSKI DIRECTOR, UTILITY OF THE FUTURE, CON EDISON
SAMUEL MARKS MANAGING DIRECTOR, GREENEARTH ENERGY
DOMINIC MARTIN VICE PRESIDENT, COMMUNICATION, STATOIL
CRISTINA MARTINS GLOBAL MANAGER, FOOD AND BEVERAGE, DNV GL BUSINESS ASSURANCE
PROFESSOR TATSUO MASUDA VISITING PROFESSOR, NAGOYA UNIVERSITY OF COMMERCE AND BUSINESS
JESSE MATTHEW MCCORMICK ASSOCIATE DIRECTOR, CENTER ON GLOBAL ENERGY POLICY, COLUMBIA UNIVERSITY
HARALD J MELWISCH VICE PRESIDENT, BRAND BUILDING DACH, MARKETING, UNILEVER
PETR MIKOVEC MANAGING DIRECTOR AND CHAIRMAN OF THE BOARD, INVEN CAPITAL, ČEZ
ALEX MILWARD PARTNER, EY
GLEN MORENO CHAIRMAN, PEARSON GROUP
SASCHA MÜLLER VICE PRESIDENT, BUSINESS DEVELOPMENT, DNV GL MARITIME
TORIL NAG EXECUTIVE VICE PRESIDENT, TELECOM, LYSE
TARA NATHAN EXECUTIVE DIRECTOR, INTERNATIONAL DEVELOPMENT, MASTERCARD
EIMUND NYGAARD GROUP CEO, LYSE
SIGURD NÆSS-SCHMIDT PARTNER AND DIRECTOR OF ECONOMICS, COPENHAGEN ECONOMICS/THE DANISH COUNCIL FOR RESEARCH AND INNOVATION POLICY
MARI PANGESTU FORMER MINISTER OF TRADE FOR INDONESIA
PEDRO PINA GLOBAL CLIENT PARTNER, GCAS GOOGLE
LILA PRESTON PARTNER, GENERATION INVESTMENT MANAGEMENT LLP
LOIS QUAMCHIEF OPERATING OFFICER, THE NATURE CONSERVANCY
JAYADEVA RANADE PRESIDENT, CENTRE FOR CHINA ANALYSIS AND STRATEGY, AND MEMBER OF THE NATIONAL SECURITY ADVISORY BOARD GOVERNMENT OF INDIA
VINITA RANADE CONSULTANT, WORLD BANK
SAMUEL REDMOND HEAD OF BUSINESS DEVELOPMENT AND STRATEGY, GREENEARTH ENERGY
MARTIN RICH CO-FOUNDER AND CHAIR, FUTURE-FIT FOUNDATION
JUSTUS ROELE DIRECTOR, CHRISTOFFERSON ROBB & COMPANY (UK) LLP
BLAKE ROSENTHALGROUP EXECUTIVE, GLOBAL HEAD OF DEBIT AND NETWORK SOLUTIONS, MASTERCARD
PROFESSOR JEFFREY SACHS DIRECTOR, EARTH INSTITUTE, COLUMBIA UNIVERSITY
DAVID SANDALOW INAUGURAL FELLOW, CENTRE ON GLOBAL ENERGY POLICY, COLUMBIA UNIVERSITY
TOM SCHMITT MEMBER OF THE BOARD, CONTRACT LOGISTICS/SCM SCHENKER AG
ERIC F SCHNEIDER GROUP HEAD AND REGION LEAD, ASIA-PACIFIC REGION, MASTERCARD
PETER SCHWARTZ SENIOR VICE PRESIDENT, GLOBAL GOVERNMENT RELATIONS AND STRATEGIC PLANNING, SALESFORCE.COM
TRUMAN SEMANS CEO, ELEMENT CAPITAL
JIGAR SHAH PRESIDENT AND CO-FOUNDER, GENERATE CAPITAL
JAMES SHAPIRO RESIDENT DIRECTOR, NORTH AMERICA, TATA SONS
MEENAKSHI SHARMAVICE PRESIDENT, SUSTAINABILITY AND CORPORATE COMMUNICATION, SABMILLER INDIA
ROMITA SHETTY MANAGING DIRECTOR, DA CAPITAL
EMANUELA SILENZI PRODUCT MANAGER FOR MODULARISATION AND EXTENDED SCOPE, GE OIL & GAS
ANTÓNIO SIMÕES CEO, UK HSBC BANK PLC
CHRISTOPHER SLIM VICE PRESIDENT OF BRAND BUILDING, NORDIC, UNILEVER
PHILIP SMITH EXECUTIVE VICE PRESIDENT, DELIVERY AND GROWTH, XYNTÉO
DR PRASHANT KUMAR SONI HEAD OF DEPARTMENT, SAFETY, DNV GL OIL & GAS
JOSEPH STIGLITZ ECONOMIST AND PROFESSOR, COLUMBIA UNIVERSITY
BJØRN OTTO SVERDRUP SENIOR VICE PRESIDENT, SUSTAINABILITY, STATOIL
RAPHAEL TEHRANIAN IMPACT INVESTOR, STRATEGIST AND DIRECTOR, FULLER SMITH LLC
MANISH TEWARI ADVOCATE SUPREME COURT OF INDIA, NEW DELHI, AND FORMER UNION MINISTER FOR INFORMATION AND BROADCASTING GOVERNMENT OF INDIA
PROFESSOR ROBERT THURMAN PROFESSOR OF INDO-TIBETAN BUDDHIST STUDIES, COLUMBIA UNIVERSITY
PROFESSOR JOHN THWAITES CHAIRMAN, MONASH SUSTAINABILITY INSTITUTE AND CLIMATEWORKS AUSTRALIA, MONASH UNIVERSITY
DE LA RAY VENTER EXECUTIVE VICE PRESIDENT JOINT VENTURES, SHELL
ALEXANDER VERBEEK DIRECTOR, INSTITUTE FOR PLANETARY SECURITY
ERIC VERHOOGEN ASSOCIATE PROFESSOR, ECONOMICS AND INTERNATIONAL AFFAIRS, COLUMBIA UNIVERSITY
KAREN VITANTONIO SENIOR DIRECTOR, LEADERSHIP EXPERIENCE, SAP AG
DR GABRIELLE WALKER CHIEF SCIENTIST, XYNTÉO
FRIEDRICH WERNLI HEAD OF ARCHITECTURE AND CONSTRUCTION, NESTLÉ RICK WHEATLEY HEAD OF LEADERSHIP AND INNOVATION, XYNTÉO
HANNEKE WILLENBORG GLOBAL BRAND VICE PRESIDENT, SURF, SKIP AND WATER, UNILEVER
BRIGADIER RAJIV WILLIAMS CORPORATE HEAD, CORPORATE SOCIAL RESPONSIBILITY, JINDAL STAINLESS
GARETH WRIGHT BUSINESS ADVISER TO SENIOR VICE PRESIDENT, BROWSE BUSINESS UNIT, WOODSIDE ENERGY
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