World Economic Forum series of research reports and engages its members in sector-specific initiatives. There have been many other international conferences nicknamed with "Davos". However, the World Economic Forum objected the use of "Davos" in such contexts for any event not organised by them. This particular statement was issued on 22 October 2018, a day before the opening of 2018 Future Investment Initiative (nicknamed "Davos in the desert") organised by the Public Investment Fund of Saudi Arabia. The WEF was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed
Social and Environmental Responsibility World Forum in Lille to bring together actors and experts in social and environmental responsibility of all nationalities, especially during the international meetings scheduled in October each year. Developed on economic leaders’ initiative, the "Réseau Alliances" federates and helps businesses anxious to improve their performance while being more respectful of people and the environment. Social and Environmental Responsibility World Forum The Social and Environmental Responsibility World Forum is an initiative organized by the Réseau Alliances in 1993 in partnership with private and public organizations, to encourage social and economic responsibility among businesses. The initiative was planned for four years (2007–2010), with the