1. Stakeholder capitalism: A shift towards prioritizing the interests of all stakeholders, not just shareholders, including employees, customers, communities, and the environment.
2. Diversity, equity, and inclusion: Increasing focus on fostering diverse and inclusive workforces, with a particular emphasis on gender and racial equality.
3. Sustainable and responsible investing: Growing demand for companies to integrate environmental, social, and governance (ESG) factors into their investment strategies and decision-making processes.
4. Ethical supply chains: Greater attention to ensuring responsible sourcing and supply chain practices, such as fair trade, labor rights, and environmental protection.
5. Climate action and resilience: Heightened awareness of the need to address climate change, including setting emissions reduction targets, adopting clean energy sources, and building resilience to climate-related risks.
6. Human rights and social impact: Increased emphasis on respecting human rights and considering social impact in business operations, supply chains, and products or services.
7. Transparency and accountability: Greater demands for transparency in corporate reporting and accountability for corporate actions, including executive compensation practices.
8. Technology and data ethics: Continued discussions around the responsible use of technology and data, including data privacy, cybersecurity, and algorithmic biases.
9. Purpose-driven organizations: The rise of purpose-driven companies that prioritize social or environmental missions alongside financial performance, aiming to create a positive impact on society.
10. Board diversity and governance: A call for more diverse boardrooms in terms of gender, ethnicity, and expertise, as well as improved governance practices to ensure effective oversight and decision-making.