Annual Report 2024 2025

Page 51 of 75 · WEF_Annual_Report_2024_2025.pdf

Global Industry Communities The Forum’s 22 Global Industry Communities aim to advance industry transformation through peer-to-peer exchanges and collaboration. CEOs and chief strategy officers (CSOs) engaged in the Forum’s communities throughout the reporting period, discussing and seeking to anticipate the opportunities and challenges for operating and business models created by cross-cutting topics such as geopolitics, generative AI and the energy transition. During the reporting period, the Forum convened these communities to discuss five key areas: 1) geopolitical volatility and the reconfiguration of global markets, 2) technology as a catalyst for business model evolution, 3) the imperative for workforce transformation, 4) decarbonization and sustainability as a business imperative, and 5) the evolving role of regulation in developing industries. In turn, the outcome of these discussions was used to inform the Forum’s centre-led initiatives and sparked new collaborations and partnerships. International Business Council The International Business Council (IBC) is a vanguard community comprising more than 120 CEOs from different industries and regions who engage in peer-to-peer exchanges and seek to drive collective action on shared challenges. During the reporting period, the community discussed the implications of geopolitical and geoeconomic shifts on the economy. They also explored the role played by AI in improving productivity and the future of their industries while acknowledging the need for developing new skills and talent. The need for innovative and technologically agnostic solutions to reduce global carbon emissions and a common and consistent methodology to disclose sustainability-related information remained a priority. The IBC continues to bring together CEOs for peer exchanges on relevant topics to help them navigate change, catalyse new ways of working and formulate pragmatic solutions that contribute to growth. Annual Report 2024-2025 Our Organization51
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