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Sustainability

Highlights from the World Economic Forum Annual Meeting

Davos, January 2024

Business, meet tech.

In January 2024, leaders from business, government and civil society convened at the 54th Annual Meeting of the World Economic Forum (WEF 2024) in Davos, Switzerland, in search of solutions to critical global challenges. The event theme, Rebuilding Trust, focused on restoring trust in our future, trust within societies, and trust among nations, in a world that has gone through profound and disruptive transformations. As a WEF strategic partner and global industry leader, we took part in those critical conversations.

We also welcomed guests to the Capgemini Pavilion, where we hosted panel discussions and showcased demos around the following theme:

We believe tomorrow belongs to those who can bring technology and business together. 

When digital meets physical, when Gen AI meets creativity, and when sustainability meets scalability, you can truly unlock the value of tech for your business.

Quick summaries from our three days at Davos

Our Day 1 at WEF 2024 focused on Gen AI and AWS, biosolutions, gov tech, and of course Peugeot.

Day 2 brought more great learnings on sustainability, digital healthcare, industry net zero, and future of work.

Day 3 was another day of inspiration, with a focus on the future of batteries and shaping the new frontiers of work.

Investment priorities for 2024

Business leaders are increasingly optimistic about their organizations’ performance and are driving investment in key areas. This is the main finding of the Capgemini Research Institute’s latest report, published to coincide with the WEF 2024.

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The impact of technology on the labor market

Some of the most high-profile conversations were shared by live stream from the WEF congress center, including a public session with Capgemini CEO Aiman Ezzat: “What to expect from the labor markets?“.

The session was a real eye-opener. Technology, sustainability and geoeconomics continue to reshape the jobs landscape in 2024, while deeply divergent patterns for talent availability emerge in developed and developing markets. Speakers asked: What is the outlook for the year ahead, and what should be the priorities of governments and employers?

“Increased adoption of new technologies and broadening digital access are also major trends for organizational transformation. They will help address youth unemployment as well as enable underserved communities to access the workforce. Education and reskilling will be the key enablers for accelerating this evolution.” 

Aiman Ezzat, Chief Executive Officer, Capgemini – LinkedIn post live from Davos Jan 18, 2024

Industry net zero

Roshan Gya, Capgemini Invent CEO, took part in an affiliate session on industry net zero with a focus on Scope 3 opportunities.

To achieve net zero by 2050, industries face an inescapable challenge: addressing value chain emission – defined as Scope 3, and accounting for more than 70% of global GHG emissions – at a much faster pace. To take a step forward, following the momentum of last year’s discussion, the WEF’s Industry Net Zero Accelerator Initiative has focused on Scope 3 challenges and opportunities.

This session follows one year of academic research, consultations with a community of 30+ industry executives, and a benchmark of 100+ companies. The initiative has unveiled 3 major opportunity areas in the path towards net zero: making profound changes in products and business models, grasping the potential of new technologies, and re-thinking value chain collaboration. Read more about it here.

Explore our other sessions

Capgemini CEO Aiman Ezzat spoke with Peter Herweck, CEO of Schneider Electric, about the incredible untapped potential of digital technologies, to be an accelerator of the sustainability transition for organizations.

Capgemini’s Franck Greverie hosted a session with AWS’ Matt Garman to delve deeper into how generative AI can help boost workplace productivity in 2024 and beyond. 

Cyril Garcia from Capgemini discussed the future of batteries with Maroš Šefčovič, Executive Vice-President for the #EUGreenDeal at the European Commission, and industry leaders Diego Pavia, CEO of EIT InnoEnergy, and Benoit Lemaignan, CEO of Verkor.

Capgemini Invent’s Claudia Crummenerl and Johann Zillmann talked about how to address the twin challenges of diverging global labor markets and skills shortages.

Siamak Kia Montazam and Geoff McCleary from Capgemini led an engaging session on a future where data-driven healthcare transforms outcomes and patient well-being.

Rebecca Donaldson and Cassandra Padbury from Cambridge Consultants highlighted the potential of biosolutions to tackle many of humanity’s greatest challenges.

Dig deeper into our themes

Cyril Garcia summarizes some of his thoughts on the key trends we need to build on going forward.

Benoit Lemaignan, CEO of Verkor, shares some groundbreaking developments in the battery value chain.

Diego Pavia, CEO of EIT InnoEnergy, on how the recycling of batteries is a key differentiator, and a path to the circular economy.

Capgemini’s Ashvin Parmar explains how we’re transforming experiences across sports, finance, and more, with predictive AI.

The growing influence of AI brings with it deeper concerns that could make or break the technology. So can we trust it?

Sustainability is becoming a priority investment area, increasingly viewed as an opportunity to create value.

Pierre-Denis Autric talks us through how Peugeot and Capgemini are transforming motor sports with the power of data & AI.

Watch Olivier Picard to learn how to unlock the value of NextGen healthcare.

Imagine a supply chain where every move is not just tracked but optimized in real time. Read Mariam Belasfar on LinkedIn to find out more.

Find out more

Biology as consumer technology

The integration of biology with fast-evolving digital technologies is giving rise to products that are more efficient, sustainable and tailored to the individual. 

How can we better prepare for a future where products are not just made but are grown, adapted and evolved with the consumer?

Bio-based path to net zero

Biologically-enabled solutions represent an important but underutilized tool in the journey to net zero. To facilitate the transition to a more sustainable global economy, bio-based alternatives must enter into the commercial mainstream at a faster rate.

What core challenges must be addressed to deliver upon the ultimate potential of a bio-based economy?

The role of the office is still TBC

The contemporary workplace seemingly carries contradictions – remote work as well as an impetus to return to the office, and experiments with the four-day week as well as 24/7 connectivity.

What is the data telling us about the relationship between flexibility and productivity and how can leaders get the balance right?