World Economic Forum: What to Watch For

Squawk Pod


Today's episode. The World Economic Forum in Davos for forty plus years the world's leaders in business and politics had convened in the Swiss Alps for a whirlwind four days of meetings interviews panels and performances Andrew. Have you packed yet for Davos pact. That's actually this. After this project I caught up with Andrew just just before we both boarded a flight commercial to this year's World Economic Forum so Davos is the home of the World Economic Forum which has a long history. This is a group group that started in about nineteen seventy-one so almost fifty years of this global event for people who've never been there before. How would you describe it? What could you expect to see in terms of our our coverage this is the super bowl for business and policy leaders probably the greatest density of CEO's and government leaders in one place all traipsing through the snow together over the course of three or four days and a lot of the business leaders are engaging engaging conversations that are maybe a little bit different than what they're doing from a day to day basis we have a lot of discussions about about capitalism a lot of discussions about environmentalism mm-hmm about poverty around the world What kinds of conversations do you expect to hear? I think the single biggest topic you're going to hear about out this year is the idea of sustainability and. I know that is almost a cliche at this point. And it's a topic that's been addressed before Davos in really started To some degree at Davos however there is going to be a sea change in the way businesses operate and that real cost when when it comes to sustainability. You're looking at companies like Microsoft already that are charging their individual units for their carbon use. And I think you're gonNA see that in a very material way across the board so much of this is actually being led by Europe and some of the disclosure rules. And I think you're GonNa you start to see more and more disclosure around carbon emissions the cost of those emissions what companies are doing on. Es G. and it's just it's the the topic that is being talked about in the boardroom. Is it strange to talk about that. At a at a Swiss ski resort that people have to fly and in some cases take helicopters to get to. What's tell me about that? Disconnect people love to poke fun at Davos and think of it as you know speed dating and over Champagne. And everybody's flying there. I have never been fond of the argument that everybody should swim to Davos or otherwise. They're hypocrites if you really think about how. The dialogue and businesses changed around stakeholders and shareholders and purpose. And all of these things that have taken place place over the last twenty or thirty years they started Indaba. And so you know you can laugh if you want. But I I think that actually really the most meet some of the most meaningful decisions that are happening at the intersection of business and policy are happening there over the years. Joe Becky and Andrew have interviewed the likes of Bano J. P. Morgan Chase CEO Jamie Dimon His Royal Highness. Prince William the Secretary General Role of NATO and so many more but a consensus favorite for the squawk box behind the scenes team Andrews conversation with conservationist Jane Goodall at last year's event. Here's what Andrew told me about that interview a year later. Can we talk about what might have been my favorite interview that we did last year and that is with eighty five year old soon to be eighty six year old. Jane Goodall Maybe one of my most favorite interviews of my career. Oh that's awesome. I think definitely my most favorite image age. Somebody took a picture of me kissing. Jane's on head. Who took that picture Andrew? I think you did I did. Hey I think you did anyway. it's it's just it's an indelible image. I have long been a great admirer of Jane Goodall. Integrate I've had a great love affair with gorillas and monkeys and The environment and and being able to spend time with her and Talk to her about her own journey and how she sees the world today was really quite something. It was a very charming interaction. Action that you had with her I think that doesn't happen very often. When you're interviewing people especially the CEOS of the business leaders that we talked to in Davos you the other piece of it is? It's very rare and maybe I'm completely jaded but it's very rare. We're sort of starstruck and I was genuinely genuinely starstruck. Buy Jingle Jingle Bells raised about two hundred and fifty million dollars for her foundation for conservation work and environmental concerns and also also education about our planet and about The way we coexist with animals and I thought that message was actually really fascinating leading to bring to a meeting of the global elite. You know I think that what she does. She adds a sense sense of humanity empathy to a conversation among business leaders. That oftentimes missing that piece. Okay this is awesome. Thank you appreciate it.

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