Social Value and the Role of Business Community-March 27-Boao Forum for Asia

Session18

Social Value and the Role of Business Community

Location: Hesheng Ballroom, Level 1, Dongyu Island Hotel
Time: 15:45 - 17:00
Description:

-Can the ultimate purpose of companies be social value?

-Whereas, in the past, the purpose of companies was to maximize economic value, these days, companies are called upon to take their social responsibility more seriously. The capital market gives premium to companies with high scores in ESG (environment, society, and governance). Especially, investors are paying increasing attention to ESG factors as a means of ensuring long-term, continuing financial achievements. In short, social value creation is no longer an option but a demand of the age.

-The pursuit of economic development can create problems that can cause immense social cost and undermine companies’ growth potential. Therefore, companies should see that their continuing business operation requires as its basis the happiness of members of society and a healthy ecosystem where companies grow together with social participants, and make various efforts to implement this understanding.

-What kinds of efforts should major companies make to resolve pain points of our society?

-What are the ways to go beyond passive sense of social responsibility to a proactive creation of social value?

Speakers

Pictures

Session of Social Value and the Role of Business Community [scene1]
Session of Social Value and the Role of Business Community [scene2]
XUE Lan（Dean of Schwarzman Scholars, Tsinghua University）hosts Social Value and the Role of Business Community Session
Hans-Paul BUERKNER（Chairman, Boston Consulting Group）speaks at Social Value and the Role of Business Community session
CHEY Taewon（Chairman, SK Group）speaks at Social Value and the Role of Business Community session
XIAO Yaqing（Chairman, The State-owned Assets Supervision and
JUNG Hyun Chun（Senior Vice President, SK Group）speaks at Social Value and the Role of Business Community session
Justin Yifu LIN（Dean of Institute of New Structural Economics, Peking University ）speaks at Social Value and the Role of Business Community session
Andrew WILLIAMSON（Vice President,Public Affairs and Communication, Huawei）speaks at Social Value and the Role of Business Community session
YU Honghui（CEO, China Energy Conservation and Environmental Protection Group）speaks at Social Value and the Role of Business Community session
Daniel ZHANG（CEO& Group VP, Broad Group Broad Core Building）speaks at Social Value and the Role of Business Community session
ZOU Ling（Chairman, Tianjin TEDA Energy Group Co.,Ltd.）speaks at Social Value and the Role of Business Community session

Videos