?? Day 2 experience at the Annual Meeting of New Champions 2023 by the World Economic Forum in Tianjin, China! ??

Day 2 was filled with inspiring discussions and remarkable insights that left all motivated and optimistic about the future of global innovation and collaboration. Here are a few highlights:

1?? Engaging Panel Discussions: The day started with thought-provoking panel discussions led by industry leaders and visionaries. From sustainable technology to food innovation to supercomputers to manufacturing to AI Revolution. We explored the transformative power of innovation in addressing pressing global challenges.

2?? Sustainable Reporting and best practices: As common as disclosing the revenue and profits, the companies can take a leadership role in sustainability reporting by disclosing their environmental, social, and governance impacts. Disclosing ESG impact data enables companies to align their operations with the broader goals of sustainability and responsible business practices. It can promote transparency, foster stakeholder trust, drive positive change, and contribute to a more sustainable and inclusive future.

3?? Could Climate change cause a financial crisis: As per the WEF research paper, most businesses are beginning to assess climate risk, and less than half are planning to adapt. We had a chance to interact with Chair Prof. of Finance and Associate Dean?Xiaoyan Zhang, PBC School of Finance, Tsinghua University, and Vise President and Deputy CEO,?Charlotte Pera?Bezoz Earth Fund. The potential risks and impacts of climate change can disrupt economies, financial markets, and businesses globally. By implementing proactive measures, integrating climate considerations into financial decision-making, and transitioning towards a low-carbon economy, we can strive to mitigate the potential financial crisis and build a more sustainable and resilient future for generations to come.

4?? AI Readiness Amid an AI Revolution: As New artificial intelligence technologies such as generative AI change the industry and regulatory landscape, governments are under pressure to revisit their initial National AI strategies. This can be achieved via Comprehensive AI Strategy, Collaborative ecosystem and public-private partnerships, Education and Awareness, and Data Accessibility and Sharing and ensures that national AI capabilities remain at the forefront of technological advancements.

5?? The Decarbonisation of Industry Cluster: Industry accounts for 30% of global greenhouse gas emissions, with the majority concentrated in multisectoral industrial zones worldwide. By collaborating closely, co-located companies and policymakers can leverage their respective expertise, resources, and influence to drive decarbonization in global industrial clusters. Overcoming challenges and realizing the immense decarbonization potential of these clusters requires a shared commitment, long-term vision, and collective action toward a sustainable and low-carbon future.

Attending the Annual Meeting of New Champions has been an extraordinary experience, igniting our enthusiasm and reinforcing our commitment to drive innovation and contribute to a sustainable future. Grateful to be part of this dynamic global community shaping the world we want to see.

Let's continue collaborating, innovating, and creating a brighter future together. ????

#AMNC23?#WEF?#Innovation?#Collaboration?#SustainableFuture?#Wricks?#wastetovalue?#Sustainabledevelopment