The traditional form of capitalism focused on “shareholder primacy” is under pressure all over the world. We are on the eve of the rise of stakeholder capitalism, witnessed by a number of companies whose destinies have been determined by the approval, or disapproval, of its stakeholders going beyond the formal regulatory permitting process – the concept called “social license to operate”.
This panel will explore business strategies for the engagement of stakeholders - governments, communities and civil society - that build trust in companies and projects and create value beyond profit.