{"id":8999,"date":"2023-09-22T00:00:00","date_gmt":"2023-09-21T16:00:00","guid":{"rendered":"https:\/\/rgei-2.hellopomelo.space\/uncategorized\/21st-forbes-global-ceo-conference-2023-sea-change\/"},"modified":"2024-06-05T11:14:58","modified_gmt":"2024-06-05T03:14:58","slug":"21st-forbes-global-ceo-conference-2023-sea-change","status":"publish","type":"post","link":"https:\/\/rgei-2.hellopomelo.space\/id\/corporate\/21st-forbes-global-ceo-conference-2023-sea-change\/","title":{"rendered":"21st Forbes Global CEO Conference 2023: Sea Change"},"content":{"rendered":"

The 21st<\/sup> Forbes Global CEO Conference was held from 11-12 September in Singapore, and gathered some 450 prominent business leaders from around the world. The international panel of leading CEOs, thought leaders, entrepreneurs and investors discussed their ideas on navigating the new normal of the geopolitical and trade landscape.<\/p>\n

The event was also attended by Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, Republic of Singapore, as well as Sri Mulyani Indrawati, Minister of Finance, Republic of Indonesia.<\/p>\n

RGE<\/a>\u2019s Managing Director, Anderson Tanoto<\/a>, took part in a panel discussion titled \u201cResetting Priorities\u201d, alongside Mark Dalio, Cofounder and Co-CEO of OceanX; Harald Link, Chairman, B.Grimm; and Vincent Tan, Founder and Advisor, Berjaya Corporation Group of Companies.<\/p>\n

Anderson shared his insights on the green transition and the benefits it can bring to businesses, as well as the roles that businesses can play in furthering philanthropic causes.<\/p>\n

How businesses can embrace ESG<\/u><\/strong><\/p>\n

One of the key topics discussed during the panel discussion was how and why industries could and should move towards greener practices. Mr Tanoto cited the positive impact that electrification can have on energy emissions, highlighting the construction of Pacific Energy<\/a>\u2019s Woodfibre LNG<\/a> facility in Canada as a prime example. Utilising electric-drive for compressors in the facility, \u201cwe were able to reduce the emissions to 11% of a regular LNG plant,\u201d he said. He also shared details about Bracell<\/a>\u2019s Sao Paulo cellulose pulp works being designed to run carbon neutral principles.<\/p>\n

\u201cWe plan to reduce our emissions by 40% by 2030 across the board,\u201d he added, noting RGE\u2019s firm commitment to decarbonisation across all its businesses. As one of the world\u2019s leading resource-based manufacturing groups, RGE has been at the forefront of building and implementing sustainable practices throughout its supply chain.<\/p>\n

Mr Tanoto also noted the paradigm shift that he foresees businesses experiencing with respect to attitudes towards sustainability. He shared his thoughts that many businesses stand to benefit from the growing opportunity that a demand for sustainability will bring. \u201cYou can make good money out of going green,\u201d he said.<\/p>\n

When asked by a member of the audience for advice on running a business sustainably, he reiterated the point. \u201cAs entrepreneurs, if there\u2019s demand for a sustainable product, we should pursue it \u2013 I think there\u2019s a huge opportunity there,\u201d he said.<\/p>\n

\"\"<\/a><\/p>\n

Balancing philanthropy, ESG and business<\/u><\/strong><\/p>\n

Mr Tanoto shared his thoughts on the importance of preserving biodiversity, and the significance of reducing emissions sustainably. \u201cIf you deforest natural forests and plant agriculture, that\u2019s not sustainable. How you go about reducing emissions is very, very important,\u201d he said. He also shared the importance of raising public awareness for ESG concerns, and the value in objectifying carbon emissions. \u201cWhat is out of sight is out of mind,\u201d he said.<\/p>\n

As the panel discussion delved deeper into how businesses can better participate in philanthropic and ESG causes, Mr Tanoto shared his approach with the Tanoto Foundation<\/a>, and its widespread efforts in promoting access to quality education and early childhood developmental support. \u201cWe\u2019ve taken the approach to split our family foundation and our businesses as two independent organisations.\u201d He cited that in order to effect true change, philanthropic efforts must be focused, and highly directed.<\/p>\n

\u201cThe thinner you spread yourself, the less the impact is,\u201d he said.<\/p>\n

Mr Tanoto further underlined the need for focus and direction in philanthropy, speaking in depth about the Tanoto Foundation\u2019s efforts in increasing access to quality education in Indonesia. \u201cThey\u2019re going to school and not learning. The quality of education is where the biggest challenge is.\u201d<\/p>\n

Anderson urged business leaders to place greater scrutiny on the true impact of their philanthropic efforts. \u201cHow can we ensure that we invest not only in giving, but also measuring the impact of what we give,\u201d he said.<\/p>\n

Mr Tanoto also highlighted the importance of collaboration in bringing about change, citing the Tanoto Foundation\u2019s numerous partnerships with organisations such as the World Bank and the Gates Foundation. Addressing a key challenge that philanthropic organisations face, Mr Tanoto noted the ineffectiveness of \u201cA charitable dollar only has one life. We can create larger impact not by ourselves, but together,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 21st Forbes Global CEO Conference was held from 11-12 September in Singapore, and gathered some 450 prominent business leaders from around the world. The international panel of leading CEOs,…<\/p>\n","protected":false},"author":4,"featured_media":9002,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,41,108,24,7,241],"tags":[],"class_list":{"0":"post-8999","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corporate","8":"category-empowering-lives","9":"category-rge","10":"category-rge-updates-and-latest-news-from-the-group","11":"category-sustainable-operations","12":"category-tanoto-foundation"},"acf":[],"yoast_head":"\n21st Forbes Global CEO Conference 2023: Sea Change - RGE (Royal Golden Eagle) Group<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"21st Forbes Global CEO Conference 2023: Sea Change - RGE (Royal Golden Eagle) Group\" \/>\n<meta property=\"og:description\" content=\"The 21st Forbes Global CEO Conference was held from 11-12 September in Singapore, and gathered some 450 prominent business leaders from around the world. 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