The 50th edition of the 2020 World Economic Forum (WEF) annual meeting was held in Davos-Klosters,in Switzerland from January 21-24, 2020. The theme for the year 2020 was “Stakeholders for a Cohesive and Sustainable World”. During the summit two survey reports were released. The survey report in detail are as follows:World losing trust in climate science;Indians tops trust chart:
The new public opinion poll was published in the WEF. It called for climate education and urgent upskilling. As per the opinion poll, it was found that the global public started losing trust level in climate sciences. In Contrast, Indians were the most trusting people in this regard. 86% of Indians trusted scientists on climate science.
The chart was topped by Indians and Bangladeshis. Russia and Ukraine were laggards at both counts.
Public opinion poll:
i.Toppers in trust: India was followed by Bangladesh (78%), Pakistan (70%), China (69%) and Turkey (69%) in the 2nd, 3rd, 4th and 5th rank respectively.
ii.Poll preparation: The poll was prepared in collaboration with SAP and Qualtrics. The survey was conducted to more than 10,500 people from 30 countries that accounted for around 76% of global population. The findings were finally presented in 2 parts.
iii.Region wise trust analysis:
- North America: 1/5th of North Americans expressed ‘little’(12%) or ‘no’(6%) trust in climate science.
- South Asia: The South Asian adults expressed ‘little’ trust at 4% and ‘no’ trust at 2%.
iv.Global warming cause: More than 2/3rd of the people in the survey agreed the cause of global warming was due to human activities.
v.A specific platform was launched to focus on upskilling and reskilling. This platform will enhance many opportunities to 1 billion people and will provide decent jobs in the next 10 years.
Trust poll rank:
1st edition of Positive Impact Rating 2020 launched:
The 1st edition of Positive Impact Rating 2020 was launched at the WEF. As per the rating, 2 Indian business schools, Indian Institute of Management (IIM) Bangalore in Karnataka and XLRI (formerly Xavier Labor Relations Institute) – Xavier School of Management, in Jamshedpur, Jharkhand have been included in the top 30 list.
Positive Impact Rating(PIR) 2020:
i.Positive Impact rating 2020: In the ratings, IIM Bangalore was placed in ‘transforming schools’ category (level 4) and XLRI was placed in ‘Progressing schools’ category (level 3) for the rating.
ii.Rating purpose: The business schools have been rated to measure how much they contribute to solve societal challenges by providing relevant research results etc.
iii.Business school ratings: A total of 51 business schools participated in the rating. No school made it to level 5 category which has the highest priority. The schools were rated based on 5 levels and are also grouped under the 5 categories. 21 schools were grouped in level 3 while 9 schools were grouped in level 4.
The 5 levels are as follows:
- Level 1- Beginning.
- Level 2- Emerging.
- Level 3- Progressing.
- Level 4- Transforming.
- Level 5- Pioneering.
iv.Top business schools: Some of the top management institutes include institutes in the likes of London Business School (UK), Esade Business School (Spain), Eada Business School Barcelona (Spain) and Edhec Business School (France).
v.Positive Impact Rating: The rating was initiated in 2017 to support change in business school sector. The activities are supported by WWF(World Wide Fund) Switzerland (Environment), Global Compact Switzerland (Business) etc. Click here to know more.
Currency- Swiss franc.
Capital- Bern (De Facto).