Fireside Chat, Conference Presentation
PRE record Marc Benioff 19 October 2020 V2
- A Japanese edition of the book Trailblazer will be released as a more compact version while maintaining the original's full context.
- The company will prioritize "trust" as its highest value across all relationships with employees, customers, partners, the industry, and local communities, noting that business continuity and employee retention depend on this factor.
- Salesforce plans to invest over $120 million in San Francisco public schools to build trust within the local community.
- The speaker predicts that businesses failing to address environmental challenges will face a scenario where there is more plastic in the ocean than fish by 2050.
- To sequester two gigatons of carbon, the speaker advocates for the necessity of planting one trillion trees globally.
- Over 5,000 companies have already pledged to adopt the "1-1-1" model, donating 1% equity, 1% profit, and 1% product.
- The speaker expects four major accounting firms to audit ESG data, mandating large companies to publish their environmental policies, net zero positions, and equality standards.
- Increased transparency in ESG reporting is anticipated to accelerate the shift from shareholder-centric to stakeholder-centric business models.
- Investors are expected to increasingly evaluate how portfolio managers incorporate ESG factors into their selection processes.
- The speaker foresees a permanent shift to a "new world" following the pandemic, expecting CEOs to redefine their companies' societal roles and lead with a focus on healing the environment and improving public education.
- The speaker predicts the emergence of next-generation leaders committed to creating a positive future for children and subsequent generations.