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Jun 21 - Jun 23, 2020

Finance for the Public Good: Meeting New Expectations in a Decade of Converging Risks

Session 654
This program is under review due to the COVID-19 crisis and may be subject to postponement    OVERVIEW Slowing growth, rising inequality and debt, low interest rates and monetary policy limits create a radically different operating environment for financial services, compounded by climate and demographic change and geopolitical tensions. These systemic risks will have a profound impact on, and be impacted by, the financial sector’s ability to deliver local and global expectations fairly and effectively.  The Salzburg Global Finance Forum tackles issues critical to financial markets and global economic growth and stability. Its 2020 program will convene the world’s leading bankers, policymakers and regulators to identify options and best practices for a sustainable financial architecture that ensures the sector operates for the global public good to finance sustainable development and innovation, and meet fast-changing needs of the public, shareholders and the economy.  The financial services sector needs to adjust to urgent imperatives of fairness, inclusion and sustainability while also recognizing its own new characteristics – accelerating dynamics of technology and interconnectedness, changing market structures, and competitive disruption, including the entrance of technology companies. The 2020s mark a pivotal decade to redefine the role of finance as a global public good, recognizing that these cumulative pressures will require policy reforms and radical institutional and technological innovations. The 10th annual program of the Salzburg Global Finance Forum will explore evolving and new dimensions of finance, from data and technology to climate change and sustainability, aging societies, declining growth, and protectionism. It will foster dialogue between industry, innovators and policymakers on redrawing public-private boundaries in policymaking and launching strategies to fulfill new societal imperatives for fair and resilient financial systems.  PARTICIPANT PROFILE Meeting as a community of peers, the Salzburg Global Finance Forum brings together senior leaders, rising specialists and disruptive innovators from:Financial services firms wrestling with technology-driven transformations, changing market structures, and a new competitive landscape marked by the growth of technology companies, as well as changing expectations about the role of financial services in society and the trust placed it in by consumers.  Regulators and policymakers trying to find the right balance between increased systemic safety and the imperatives of financing growth and innovation, all while facing a shift toward greater regionalization and protectionism. Consultancy and law firms serving as advisors to all parties in understanding the practical implications of different regulatory approaches in different jurisdictions, and who can benefit from interact with both practitioners and regulators to explore new strategies to finance growth and fairness in a radically changing world.KEY QUESTIONS Participants will address policy priorities, key obstacles, and practical implementation pathways, focusing on the following questions:What do the public and businesses expect from financial services now and what and on which conditions can financial services deliver?  Is the new competitive environment going to deliver the social goods in established and emerging economies?  Is the distribution of risks and rewards between different players balanced fairly? How can the industry become a vehicle for sustainable and inclusive growth?  What else is needed to strengthen the public good aspects of finance? What is the future role of standards and regulations?  Is there enough resilience in financial services in this evolving environment?  What kind of institutional innovations and reforms are needed?PROGRAM FORMAT The intensive two-day session included panel-led discussions, in-depth working groups, and an Oxford-style evening debate. This highly-interactive session takes place in a retreat-like setting of Schloss Leopoldskron, which facilitates trust, networking, and in-depth conversations. Small group discussions allow intense explorations of specific aspects of the general themes before returning to the plenary to refine conclusions.  PROGRAM GOALSFacilitate discussion about the evolving role of finance in society Discuss how the financial industry can deliver its role as a public good while balancing different needs and demands Explore specific areas of policy actions and frameworks for public-private sector collaborationAn executive summary report will be published within two weeks of the program.
Oct 11 - Oct 15, 2020

What Future for Democracy? Polarization, Culture and Resilience in America and the World

Session 678
Oct 08 - Oct 10, 2020

Governance for a New Decade: Is Culture the Key to Performance?

Session 655
Corporate culture is in the spotlight. Calls for companies to put purpose before profit and recent high-profile corporate failures have heightened attention to culture and the role boards play in stewarding it. Culture guides an organization’s decision-making, impacts its performance, and shapes its response to societal expectations. Given its central importance, do boards need to shift how they oversee culture? In 2020, the Salzburg Global Corporate Governance Forum will examine how directors can work effectively with management to guide corporate culture. Case studies from different sectors and geographic regions will explore what skills and foresight directors need to guide their companies in the coming decade and meet the evolving demands of markets, consumers, and societies at large. PROGRAM OVERVIEW Governance expectations are evolving, especially when it comes to overseeing culture. The 2020s have been framed as a decade of change in which companies will be expected to take a longer-term view and do their part in addressing issues such as climate change and inequality. Whether or not directors personally agree with these shifting expectations, they are under pressure to respond to them. Adding to this, recent corporate failures, and the scrutiny by the media, investors, stakeholders and regulators that has accompanied them, have only heightened the pressure on boards and management teams to re-evaluate their corporate culture to ensure that it delivers on their strategy and upholds their corporate values.   An organization’s culture is inextricably linked to its purpose and the successful execution of its strategic plan. Often described as “the way we do things around here,” culture guides decision-making by establishing and reinforcing expectations about what is valued and how things should be done. Culture is shaped through a mixture of management action, formal policies, and the repetition of stories and experiences that inform and constrain the decisions considered to be legitimate in day-to-day organizational life. The wrong culture can significantly undermine a business model or damage the reputation of a company.  Although previously thought to be primarily the purview of the CEO and management, as collective stewards of a company’s culture, the CEO, the board, senior managers, and human resources departments all have specific roles in establishing and reinforcing the values that underpin culture. Increasingly, boards are being asked to demonstrate how they are stewarding culture as part of their oversight responsibility.  For directors though, stewarding culture is no easy task. Even boards that are attentive to culture can find it difficult to know what really happens on the ground. For instance, the Board’s oversight of culture – including ensuring that management adheres to it – may require increased outreach beyond senior management employees. How can directors engage in effective oversight? How can they assess, track and monitor something so intangible? Where do their responsibilities begin and end? KEY QUESTIONS The 2020 program will explore the role of corporate governance in shaping culture and the role of culture in shaping governance in the coming decade. Critical questions will include:When and why does corporate culture matter? What is an organization’s culture and how does one recognize and measure it? Which tools, people, incentives, and corporate structures are needed to help companies develop and implement an appropriate culture for the corporation? What is the role of the board (and board committees) versus the role of management and corporate functions such as human resources, public relations, legal/compliance with respect to assessing and improving culture? What influence does the culture in the boardroom have on the culture of the company? What does it take to shift an organization’s culture? When and how is it appropriate to do so?  To what extent should a company’s culture reflect the culture of the societies in which it operates? Should broader societal and environmental concerns dictate the kinds of corporate culture that are acceptable? How should directors respond to external pressure to shift the values and the culture of their company? Do regional and sectoral differences in culture impact effective board oversight and corporate governance mechanisms? Should a company operating within multiple societies aim for one unifying corporate culture, or should it have different cultures depending on where the corporation does business and which markets it serves? PROGRAM FORMAT The Corporate Governance Forum uses a highly interactive discussion format in plenary and breakout sessions with no pre-assigned speakers, panels, or formal presentations. Reading materials and key questions are distributed in advance. Small group conversations and practical workshops encourage deep-dive exploration of specific aspects of the general themes. Strict observance of the Chatham House Rule allows for free exchange in conditions of trust and openness. PARTICIPANT PROFILE Participation in the Forum’s annual meeting in Salzburg is capped at 40 people to ensure an intimate setting and facilitate networking and conversation.  The Forum is primarily intended to benefit directors and principals of corporations organized and operating in various jurisdictions who want an off-the-record opportunity to explore and address some of the greatest challenges facing them as directors in the coming decade. The aim is to help them return to their boardrooms with new ideas which they can implement, and with new partnerships and insights, so that they can become thought leaders and change makers for the coming decades. Within the overall group, directors will be supplemented by additional voices representing other constituents, based on their relevance to the topic and ability to present constructive but divergent views. These will include senior managers; judges, regulators, and policymakers; lawyers; thought leaders and academics; investors; and representatives of key civil society interest groups.  Since its inauguration in 2015, the Forum has welcomed participants from 25 countries: Australia, Austria, Brazil, Canada, China, France, Germany, Greece, India, Israel, Italy, Japan, Korea, Mexico, The Netherlands, Norway, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, the UK, and the USA.
Jul 07 - Jul 11, 2020

Inclusive Futures: How Can Faith and Human Rights Communities Advance LGBT Equality?

Session 638
This program is under review due to the COVID-19 crisis and may be subject to postponement    OVERVIEW Worldwide, LGBT people are insisting on their inclusion in religious and cultural traditions; and religious congregations across all denominations have begun to interpret their own beliefs in more inclusive ways. Such positive changes are still nascent, and they must be supported and expanded to achieve LGBT equality globally.  In 2020, the Salzburg Global LGBT* Forum will begin a new initiative to address issues of religion, cultural history, and LGBT inclusion (and exclusion), convening LGBT human rights defenders and cultural and religious leaders across faiths, geographies, and generations. By bridging divides, the Forum aims to strengthen inclusive cooperation between religious and LGBT leaders, and their communities.  * LGBT: Lesbian, Gay, Bisexual and Transgender. We are using this term as it is currently widely used in human rights conversations on sexual orientation and gender identity in many parts of the world, but we would not wish it to be read as exclusive of other cultural concepts, contemporary or historical, to express sexuality and gender, intersex and gender non-conforming identities.    PROGRAM OVERVIEW In 2015, thirty leaders representing Baha’i, Buddhist, Christian, Hindu, Jewish, Muslim, and Sikh organizations issued a formal joint expression of support for ending poverty by 2030. In 2017, many of the world’s most prominent religious leaders made a joint statement encouraging people everywhere to make friends across religions and to counter the idea that people view each other’s religions with distrust or disdain ― and to potentially even reduce violence conducted in the name of religion. In March 2019, participants at an interfaith conference emphasized the role of religions in contributing to the implementation and achievement of the UN Sustainable Development Goals (SDGs).   All of these initiatives emphasize the potential positive impact of religion, and over centuries, faith-based organizations have proven adept at providing quality public services at scale, making valuable financial contributions toward social improvements, educating and advocating for positive change, and developing trust across otherwise conflicting groups (racial, ethnic, ideological, geographic, etc.). However, despite the “leave no one behind” ethic of the SDGs, and the core beliefs of tolerance and love at the heart of most of the world’s religions, many religious communities continue to exclude LGBT people from their ranks, ignore their role in religious and cultural traditions, and actively contribute to the suffering afflicting LGBT communities. A globally connected movement towards more intolerance, on the basis of religion and the “protection of the family” and with a strong anti-gender agenda, makes itself felt in Europe, Russia, parts of Latin America, Africa and Asia. In fact, LGBT people remain some of the world’s most vulnerable in matters of health, economic wellbeing, education, political and civic participation, and personal security and violence. This makes it all the more important that they are included in the benefits sought by these interfaith appeals and religious calls to action.  Thankfully, such historical exclusion is beginning to dissolve. Worldwide, LGBT people are insisting on their inclusion in religious and cultural traditions; and religious leaders and their congregations across all denominations have begun to interpret their own beliefs in ways that are more inclusive. In a 2018 Declaration of the National Consultation on Interfaith Engagement with Human Sexuality and Gender Diversity, the National Council of Churches in India (NCCI) emphasized “the innate ability of each faith community to understand, accept and celebrate gender, sexual and sexuality identities.”  The Church of Sweden, in collaboration with the Global Interfaith Network, has produced two books addressing human sexuality and human dignity from the perspective of a range of faith traditions. Such positive changes are still nascent, however, and they must be supported, promoted, and expanded to achieve the potential they represent for advancing equality globally. To this end, in July 2020, Salzburg Global Seminar will begin a new initiative of the Salzburg Global LGBT* Forum to address issues of religion, cultural history, and LGBT inclusion (and exclusion) in religious communities: “Faith Is…?”  THE “FAITH IS…?” PROJECT Starting with a four-day program in Salzburg in July 2020, the Salzburg Global LGBT* Forum will begin an exploration of the ways in which religious and cultural leaders, congregations, and LGBT people can together form inclusive and supportive communities of understanding.  The program will bring together LGBT human rights defenders and cultural and religious leaders across faiths, geographies, and generations to explore faith in LGBT communities, and LGBT in faith communities. By bridging these divides, the program will provide insights about the relationships between religious leaders and their communities and about how change happens in different contexts and faiths (including both in formal and informal religious structures, congregations, traditional belief systems and wider communities).  PARTICIPANT PROFILE The 2020 program of the Salzburg Global LGBT* Forum will bring together 30-40 participants from a global range of religious and cultural backgrounds and welcome participants from all sexual orientations, gender identities, and gender expressions. Acknowledging that individual participants will often play multiple personal and professional roles, the program will seek those with experience as:Activists, community leaders, and emerging young voices advancing LGBT equality; Religious leaders including clergy and laity, and leaders of faith-based organizations; Artists, journalists, filmmakers, social media experts, photographers, researchers, and writers.PROGRAM FORMAT Through a series of highly interactive program elements over the course of four days, participants will expand global connections for support and knowledge-sharing within and beyond the program, and support the next generation of LGBT leaders. All participants will take on responsibilities within the program, as moderators, working groups conveners or discussants in thematic conversations. Participants in the July meeting of the Salzburg Global LGBT* Forum will also contribute to the co-design of the forward strategy of the “Faith Is…?” Project.  This strategy will identify opportunities for the project to influence public debate and shift mindsets through the creation and dissemination of stories, publications, video testimonials, and social media campaigns.  The Forum will reflect upon ways that can influence specific audiences including community, cultural, and religious leaders; national, international, and local policymakers; media multipliers; foundations; and others. These efforts will build on the experience gained in the Salzburg Global LGBT* Forum’s “Family Is…?” Project , which explored the definition of family and the position of LGBT family members, including in their families of birth, their families of choice, and the families they raise. PROGRAM GOALS While the July 2020 program in Salzburg will set the stage for future activities of the “Faith Is…?” project, it will also achieve a number of outcomes in its own right. The meeting will:Initiate an online collection including materials depicting the role of LGBT people and gender diversity in religious practices, traditions, and communities as well as resources and initiatives that integrate religious core values in ways that promote LGBT tolerance; Capture for broader dissemination examples of 1) how religious belief and religious communities have proven instrumental in promoting the wellbeing and equality of LGBT people and in fostering general acceptance of LGBTI people in wider society; 2) how LGBT people have enriched the religious communities of which they are a part; and 3) how religious leaders and lay people have pressed for more tolerance in their religious communities;  Identify how religious leaders can create a common dialogue with each other and raise the baseline for tolerance within their faith / across faiths and identify potential but not yet active supporters within religious communities as well as strategies for motivating their action; and Further develop and support participants by connecting them to the ongoing work of the Salzburg Global LGBT* Forum and its members across 72 countries. This global network is curated through regular updates delivered via email newsletters, the Forum’s website, and a secure member-only online community where members continue collaborations begun in Salzburg and forge new alliances within the Forum’s broader network.KEY QUESTIONSHow can we increase the visibility and impact of tolerant and inclusive attitudes towards LGBT people within religious traditions? How can we combat the view that LGBT people and communities – despite much evidence in religious texts – are products of secular modernity? How can we advocate for more inclusive understandings of the role of LGBT people and communities in religious traditions? How can we best support and elevate the voices of religious leaders (including those from the ranks of both the ordained and laity) that promote inclusivity and equality for LGBT people and communities?  How can we combat the voices of faith congregations that promote condemnation, violence, and hate for LGBT people within their own communities?
May 18 - May 18, 2021

Harnessing the Power of AI for Human and Planetary Health

Session 647P
OVERVIEW Artificial intelligence (AI) offers significant opportunities to improve human and planetary health. Yet as applications of AI continue to grow in some fields, its uptake has been slower when it comes to addressing social challenges such as improving health and healthcare, enabling broader social inclusion, and making urban spaces both more livable for residents and sustainable for the planet. As the power and reach of AI increases how can society maximize the potential gains for people and environment?  Launching in 2020, the Japan-India Transformative Technology Network will connect and empower a critical mass of outstanding change-makers in two of Asia’s largest democracies – India and Japan – to develop ideas for new innovations and applications of AI to products, processes, policymaking, organizational practices, and financing across three interconnected fields: health systems; accessibility, mobility and inclusion; and living & livable cities.     KEY QUESTIONSIn healthcare, AI is being developed to help provide health advice and conduct diagnostics for those without access to healthcare; it is assisting doctors, nurses, and administrators to work more efficiently and allow greater numbers to receive quality care; and it is aiding predictions of the impact of both pandemic outbreaks and new cures and medicines. How can the potential of AI be harnessed to make healthcare more accessible, treatment more affordable, and diagnoses more accurate? As AI allows for ever-greater degrees of personalization, what are the AI solutions that can address individuals’ physical and cognitive challenges? How can AI open new means of communication and personalized learning methods to develop new skills for employment and support inclusion? As our cities grow and change, how should AI aid city planners and policymakers to make sense of growing collections of data, prioritize demands on resources, and even predict problems before they arise? How can AI contribute to transforming carbon-heavy systems (such as transport, housing, heating, etc.) to make cities more livable, and urban life more sustainable?PROGRAM FORMAT In 2020, the program will bring together 30 mid-career participants from India and Japan to catalyze and scale up joint collaborations inspired by AI across three thematic areas: health systems; accessibility, mobility and inclusion; and living & livable cities. Each cohort’s technology focus will be addressed by a bilateral pair of workshops held in Japan and India, and Network Fellows will be encouraged to participate in both. This continuity is intended to strengthen Fellows’ knowledge of the contexts in which other Fellows are working, deepen relationships between members of the Network, and encourage longer-term follow up on ideas born in the workshops. The program will be fully residential with an emphasis on participant-led content, peer-to-peer support, and expanding collaboration. Participants of the program will receive economy class travel to the program venue, accommodation (double occupancy room), and meals during the program. Magome, a post town in Japan’s Kiso valley, will host the first meeting of the 2020 program. Magome has been chosen as a location due to its semi-remote location, strong cultural heritage, and beautiful scenery, creating an experience akin to Salzburg Global Seminar’s home at Schloss Leopoldskron in Salzburg, Austria, and allowing us to welcome all participants in conditions of trust and openness. The program venue extends along the historically preserved post road, which was previously a major route connecting Tokyo with Kyoto during the Edo Period.  PARTICIPANT PROFILE Each cohort of the Japan-India Transformative Technology Network will: Be gender-balanced; Consist of mid-career professionals with the aspiration and potential to lead positive transformation in society; Include a diverse, cross-sectoral mix of perspectives from professions such as: Research and Development: academic and corporate researchers, private and government research financers, design specialists (products, places, policies); Implementation and Commercialization: technology specialists, public and private sector practitioners, business strategists, financial innovators, entrepreneurs, civil servants; Expansion and Scaling-up: national and municipal-level policymakers, community organizers and NGO leaders, journalists, thought-leaders, educators and innovators.
Nov 30 - Dec 04, 2020

The Way We Live: Nature, Health and Cities of the Future

Session 653
Oct 25 - Oct 27, 2020

Finding Common Ground on Cybersecurity, Law Enforcement, and Privacy

Session 648