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WEF announce founding members list for community of global growth cos

12 Nov '07
3 min read

The World Economic Forum has announced the Community of Global Growth Companies' official list of Founding Members and is seeking to include other businesses capable of redefining the global economy.

World Economic Forum Founder and Executive Chairman Klaus Schwab said, “This is a truly global community made up of companies destined to join the ranks of the multinationals in the next five to ten years. They are successful because they are able to challenge the status quo and drive their industry forward while nurturing the values of global corporate citizenship which the World Economic Forum is built upon.”

The Community of Global Growth Companies was launched at the Inaugural Annual Meeting of the New Champions in September this year in Dalian, People's Republic of China. For the summit, known as the “Summer Davos”, Schwab had set the goal of 100 Founding Global Growth Company Members.

Today, he welcomed the more than 140 Founding Members, underlining that the time is right for this new initiative. Forty percent of the Members are from Asia; 26% hail from Europe; 20% are based in the Americas; and 14% come from Africa and the Middle East.

The Forum's Head of Membership Development within the Centre for Global Growth Companies, Grant McKibbin observed, “These Founding Members form the core of this community, and have already exhibited enthusiasm and leadership in helping us determine the direction of this strategic initiative of the Forum.

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