World Economic Forum its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. Schwab developed the "stakeholder"
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