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Business for Peace
Business for Peace Foundation (BfP) is a non-profit foundation based in Oslo, Norway. Formed in 2007 by Per Leif Saxegaard, the Foundation defines its mission as being "to recognise, inspire, and accelerate businessworthy leadership." It encourages ethical and responsible business practices that are value-driven with the goal of building trust, stability and peace worldwide. As of 2019, Marius Døcker became the Foundation's Managing Director.
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". 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”.
The Business for Peace Foundation was founded in Oslo, Norway in 2007 by economist Per Leif Saxegaard. 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.
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 and the Sustainable Development Goals (SDGs).
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".
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.” 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.
Saxegaard has said that he finds inspiration in this quote from Adam Smith:
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.
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Business for Peace
Business for Peace Foundation (BfP) is a non-profit foundation based in Oslo, Norway. Formed in 2007 by Per Leif Saxegaard, the Foundation defines its mission as being "to recognise, inspire, and accelerate businessworthy leadership." It encourages ethical and responsible business practices that are value-driven with the goal of building trust, stability and peace worldwide. As of 2019, Marius Døcker became the Foundation's Managing Director.
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". 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”.
The Business for Peace Foundation was founded in Oslo, Norway in 2007 by economist Per Leif Saxegaard. 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.
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 and the Sustainable Development Goals (SDGs).
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".
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.” 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.
Saxegaard has said that he finds inspiration in this quote from Adam Smith:
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.