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Article

24 Jan 2005

Author:
Agence France Presse

World leaders still failing on major global challenges: report

In a report released just two days before the [World Economic] Forum's annual meeting...the Global Governance Initiative...underlined the response to the tsunami disaster as an example of how the corporate world could also "contribute towards global goals"...But the report also warned that "bad or corrupt" business practices contributed to conflict, poverty, human rights abuse and environmental decline. Blair is due to launch a task force with major companies in Davos to help tackle climate change. [companies involved include BP, Deutsche Bank, Swiss Re, British Airways, Alcan, Ford]