Klaus Schwab: "Some people would even say a revolution. But we should not forget that the ESG metrics, so measuring ESG responsibility, is only part of a total integrated system. It starts with defining your strategies where you have to take into account the present and maybe even future expectations of your stakeholders."

"It's a strategy formulation, it's the responsibility of the board, it is of course execution, not only inside the company itself but throughout the whole supply network and at the end you have the measurement system as the ESG metrics."

"So we should not look at the ESG metrics just as some kind of a formal, let's say, additional reporting system. I think to do the ESG performance in the right way, you have to look at it as an ecosystem which integrates the company as a whole."

EDWARD DOWD