Founded | April 2007 |
---|---|
Founder | Per Leif Saxegaard |
Type | Non-profit NGO |
Location |
|
Services | Building awareness of the benefits of businessworthy conduct |
Fields | Global search for Honourees, supporting related research, presentation of award, media relations |
Key people | Marius Døcker, managing director |
Website | www.businessforpeace.org |
Business for Peace Foundation (BfP) is a non-profit foundation based in Oslo, Norway. Formed in 2007 by Per Leif Saxegaard, [1] [2] the Foundation defines its mission as being "to recognise, inspire, and accelerate businessworthy leadership." [3] It encourages ethical and responsible business practices that are value-driven with the goal of building trust, stability and peace worldwide. [4] [5] As of 2019, Marius Døcker became the Foundation's Managing Director. [6]
Each year, the Foundation organizes the Oslo Business for Peace Summit, which concludes with the presentation of the Oslo Business for Peace Award. Since 2009, the award has been given to up to seven honourees, business leaders "whose actions and commitments are making an outstanding contribution to the promotion of ethical behavior and peace". [7] Honourees are selected by an independent committee made up of recipients who have won either the Nobel Peace Prize or the Nobel Memorial Prize in Economic Sciences. The Oslo Business for Peace award is sometimes referred to as the “Nobel Prize of Business”. [8]
The Business for Peace Foundation was founded in Oslo, Norway in 2007 by economist Per Leif Saxegaard. [1] [2] The Foundation organizes the yearly Oslo Business for Peace Summit. In 2009, the Oslo Business for Peace Summit first presented the Oslo Business for Peace Award. [7]
In 2013, the Business for Peace Foundation partnered with the United Nations' Business for Peace (B4P) initiative, sponsored by United Nations Secretary-General Ban Ki-Moon. The UN initiative has supported international efforts such as the UN Global Compact Ten Principles for achieving peace [9] and the Sustainable Development Goals (SDGs). [10]
Former secretary-general of the United Nations Kofi A. Annan has stated that "It is important to inspire and encourage businesspersons to be conscious of the role they can play as individuals to foster stability and peace. I think the idea behind the Oslo Business for Peace Award, and the potential impact it may have, is inspiring". [11]
The Business for Peace Foundation encourages the private sector to follow responsible business practices. The Business for Peace Foundation promotes the concept of being "business-worthy", “ethically creating economic value that also creates value for society.” [8] [4] Such an approach seeks to raise business practices from short-term win-lose dynamics to fulfilling longer-term win-win business aims and building trust between the stakeholders and communities involved. [12]
Saxegaard has said that he finds inspiration in this quote from Adam Smith: [13]
Markets could not flourish without a strong underlying moral culture, animated by empathy and fellow-feeling, by our ability to understand our common bond as human beings, and to recognize the needs of others. [14]
Business-worthy leaders are expected to serve as models to society who will inspire other decision makers to direct their business activities in accordance with business-worthy principles. [4] [15] Business for Peace honourees have been studied to better understand their ethical leadership qualities and their potential role as drivers of change in peacemaking, peacekeeping, and peacebuilding. They tend to follow ethical business practices such as (1) emphasizing shareholder returns for the promotion of jobs, economic development, and reductions in poverty (2) following the rule of law, avoiding corruption, recognizing contract and property rights, and engaging in dispute resolution; and (3) building community both externally as socially responsible corporate citizens, and internally through employee engagement, employee rights, and gender equity. [16]
Starting in May 2007, the Oslo Business for Peace Summit has been held annually in the Oslo City Hall. [17]
A selection of speakers who have contributed to the Summits: Kjell Magne Bondevik, Alexandra, Countess of Frederiksborg, Roberto Servitje (Grupo Bimbo), Guy F. Tozzoli (World Trade Center), Vijay Kalantri (All India Association of Industries), Jan Egeland, Bob Geldof, Nabil Shaath, Anders Källström, Khater Massaad, Jinghai Zheng, John Lervik, Margaret Beckett, Erik Solheim, Festus G. Mogae, Kandeh Yumkella, Jeremy Rifkin, Anthony J. Venables, Gobind Nankani, Petter Nore, Long Yongtu, Timothy L. Fort, [21] Patricia Aburdene, [22] Juan Carlos Echeverry, Børge Brende, Henrik Syse and Erna Solberg.
The statue "the Just Man" has been created by the artist Bruce Naigles. It is presented to the Business for Peace Honourees during the formal award ceremony at Oslo City Hall. [23] [24] [25]
The Business for Peace Foundation works together with nominating partners to identify candidates who embody the values described by the criteria for the Oslo Business for Peace Award. Beginning in 2009, the Foundation has formally collaborated with the International Chamber of Commerce. Other partnerships include Principles for Responsible Investment, the United Nations Development Programme and the United Nations Global Compact. [15] [26]
Following closure of the nomination period, the honourees are chosen by an independent committee selected from people who have received either the Nobel Peace Prize or the Nobel Memorial Prize in Economic Sciences. Members of the award committee have included businesswoman Ouided Bouchamaoui (2016–), peace activist Leymah Gbowee (2014–), professor Finn Kydland (2014–), professor Eric S. Maskin (2017–), human rights advocate and lawyer Shirin Ebadi (2014 – 2018), economist Michael Spence (2009 – 2017), professor Muhammad Yunus (2009 – 2013) and professor Wangari Maathai (2009 – 2011). [27] [28] [29]
The Award Committee of the Business for Peace Foundation selects honourees who have demonstrated that it is possible for a business to enter into partnership with society, while remaining profitable and capable of longer-term growth. The Award Committee evaluates nominees according to three criteria. To be considered business-worthy, and a candidate for the award, a nominee must be: [15]
The Nobel Prizes are five separate prizes awarded to those who, during the preceding year, have conferred the greatest benefit to humankind, as established by the 1895 will of Swedish chemist, engineer, and industrialist Alfred Nobel, in the year before he died. Prizes were first awarded in 1901 by the Nobel Foundation. Nobel's will indicated that the awards should be granted in the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace. A sixth prize for Economic Sciences, endowed by Sweden's central bank, Sveriges Riksbank, and first presented in 1969, is also frequently included, as it is also administered by the Nobel Foundation. The Nobel Prizes are widely regarded as the most prestigious awards available in their respective fields.
The International Peace Bureau, founded in 1891, is one of the world's oldest international peace federations. The organisation was awarded the Nobel Peace Prize in 1910 for acting "as a link between the peace societies of the various countries". In 1913, Henri La Fontaine was also awarded the Prize "[For his work as] head of the International Peace Bureau". As of 2012, eleven other Nobel Peace Prize laureates have been members of the IPB.
The International Children's Peace Prize is awarded annually to a child who has made a significant contribution to advocating children's rights and improving the situation of vulnerable children such as orphans, child labourers and children with HIV/AIDS.
The Human Rights Foundation (HRF) is a non-profit organization that focuses on promoting and protecting human rights globally, with an emphasis on closed societies. HRF organizes the Oslo Freedom Forum. The Human Rights Foundation was founded in 2005 by Thor Halvorssen Mendoza, a Venezuelan film producer and human rights advocate. The current chairman is Russian opposition activist Yulia Navalnaya, and Javier El-Hage is the current chief legal officer. The foundation's head office is in the Empire State Building in New York City.
Anders Dahlvig, born 1957 in Sweden, is the former president of the Swedish furniture store chain, IKEA. Dahlvig started working for IKEA in 1984 and has held various positions since, including store manager, country manager of United Kingdom and Vice President, Europe. He held the position of CEO between 1999 and 2009 and has received various recognitions for IKEA Group's work to promote diversity. Dahlvig is chairman of group parent company Inter-IKEA (2016). He is a member of European Retail Round Table.
The 2009 Nobel Peace Prize was awarded to United States President Barack Obama for his "extraordinary efforts to strengthen international diplomacy and cooperation between peoples". The Norwegian Nobel Committee announced the award on October 9, 2009, citing Obama's promotion of nuclear nonproliferation and a "new climate" in international relations fostered by Obama, especially in reaching out to the Muslim world.
The Nobel Peace Prize is one of the five Nobel Prizes established by the will of Swedish industrialist, inventor, and armaments manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiology or Medicine, and Literature. Since March 1901, it has been awarded annually to people who have "done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses." The Oxford Dictionary of Contemporary History describes it as "the most prestigious prize in the world."
The 2010 Nobel Peace Prize was awarded to imprisoned Chinese human rights activist Liu Xiaobo (1955–2017) "for his long and non-violent struggle for fundamental human rights in China". The laureate, once an eminent scholar, was reportedly little-known inside the People's Republic of China (PRC) at the time of the award due to official censorship; he partook in the Tiananmen Square protests of 1989 and was a co-author of the Charter 08 manifesto, for which he was sentenced to 11 years in prison on 25 December 2009. Liu, who was backed by former Czech president Václav Havel and anti-apartheid activist and cleric Desmond Tutu, also a Nobel Peace Prize winner, received the award among a record field of more than 200 nominees.
The 2007 Nobel Peace Prize was shared, in two equal parts, between the Intergovernmental Panel on Climate Change (IPCC) and United States former vice president, Al Gore "for their efforts to build up and disseminate greater knowledge about man-made climate change, and to lay the foundations for the measures that are needed to counteract such change".
The 2013 Nobel Peace Prize was awarded to the Organisation for the Prohibition of Chemical Weapons for their "extensive work to eliminate chemical weapons". The award citation indicated the organization was awarded the prize, because they "have defined the use of chemical weapons as taboo under international law. Recent events in Syria, where chemical weapons have again been put to use, have underlined the need to enhance the efforts to do away with such weapons." The committee criticized Russia and the United States for not meeting the extended deadline for destruction of its chemical weapons, and noted that certain countries "are still not members". The OPCW was the 22nd organization to be awarded the prize.
Hamdi Ulukaya is a Turkish billionaire businessman, activist, philanthropist of Kurdish ethnicity and based in the United States. Ulukaya is the owner, founder, chairman, and chief executive officer of Chobani, the #1-selling strained yogurt brand in the US. He established production facilities first in upstate New York, and since then has expanded. According to Forbes, his net worth as of October 2022 is US$2.1 billion. On 26 April 2016, Ulukaya announced to his employees that he would be giving them 10% of the shares in Chobani.
Wided Bouchamaoui, also transcribed Ouided Bouchamaoui, is a Tunisian businesswoman who since 2011 has been leader of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA). As leader of the organization she took from 2013 part in Tunisian National Dialogue Quartet which led the latter organization to receive the 2015 Nobel Peace Prize. The French news magazine Jeune Afrique has identified her as one of the Top 25 Business Women in Africa. In 2014 she won the Oslo Business for Peace Award for her work in UTICA.
Selima Ahmed is a Bangladeshi businessperson and politician. She is the vice chairperson of Nitol-Niloy Group and the founder and president of the Bangladesh Women Chamber of Commerce and Industry. She was elected as member of Jatiya Sangsad from Comilla-2 constituency in 2018. She also served as board member of state-owned Janata Bank Limited and is a former board member of Sonali Bank Limited.
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John E. Katsos is a Greek-American Professor of Management, Entrepreneurship, and Strategy at the American University of Sharjah in the United Arab Emirates. He also holds positions as a research affiliate at Queen's University Belfast in the United Kingdom and as editor-in-chief of Society and Business Review (Emerald). He conducts research on how businesses can act sustainably and promote social value through crisis and conflict. Katsos, along with Timothy L. Fort, Jason Miklian, and Per Saxegaard were nominated for the 2024 Nobel Peace Prize for their work promoting business engagement in peace.
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