Annual Report 2024 2025

Page 73 of 75 · WEF_Annual_Report_2024_2025.pdf

8 Governance Pillar People PillarDuring the 2024-25 reporting period, the World Economic Forum advanced its Governance Pillar through both internal enhancements and external collaborations. Internally, the Forum strengthened its commitment to compliance and risk management by refining internal processes and enhancing third-party due diligence protocols. Staff training programmes were expanded to bolster capabilities in navigating complex regulatory landscapes. Externally, the Chief Legal Officers (CLO) community, comprising senior legal executives from leading global companies, actively engaged in discussions on regulatory coherence, risk mitigation and policy development. In 2024, the CLO community collaborated with the AI Governance Alliance to address challenges associated with generative AI, focusing on risk mitigation, self-regulation and the development of enterprise-wide AI governance strategies. The Partnering Against Corruption Initiative (PACI) expanded its efforts by launching the Gatekeepers Advancing Integrity and Transparency (GAIT) workstream. This initiative introduced sector-specific frameworks to combat illicit financial flows, starting with the real estate industry. By providing tailored knowledge and resources, GAIT aims to empower professionals to implement standards and develop risk-based approaches to integrity challenges. These initiatives underscore the Forum’s dedication to facilitating transparent, accountable and sustainable business practices globally. The Forum’s global team continued to expand in 2024-25, reaching a total of 1,089 employees as of 30 June, a growth of 10% compared to the previous year. Reflecting its international scope, the Forum now includes staff of 100 nationalities, up from 97 in the prior reporting cycle. Women currently represent 49.3% of the Forum’s middle management and 32.6% of its senior leadership roles. Maintaining a safe and respectful workplace remained a priority. To remain competitive and responsive to market trends, the Forum increased investment in staff development, raising the learning budget by 74% year-on-year to reach CHF 2.84 million. These funds enabled more employees to access a broader selection of training programmes. Externally, the Forum continued to champion inclusive growth and workforce advancement through its platform, including its ongoing initiatives on gender equity, skills development, employment and the future of work, highlighted earlier in this report.Stakeholder Metrics Annual Report 2024-2025 Stakeholder Metrics73
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