OSLO SUMMIT ON PEACE THROUGH TRADE The world in recession - a call for a more ethically aware capitalism? Oslo City Hall, May 14, 2009

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1 THE THIRD ANNUAL OSLO SUMMIT ON PEACE THROUGH TRADE The world in recession - a call for a more ethically aware capitalism? Oslo City Hall, May 14, 2009 Partners in collaboration: City of Oslo W O R L D T R A D E C E N T E R O S L O In assosiation with:

2 PEACE THROUGH TRADE The third annual Oslo Summit on Peace through Trade The world in recession - a call for a more ethically aware capitalism? The relationship between business and peace is interdependent and self-reinforcing, but is often overlooked by both politicians and business people - ethical business practice is the important link in this relationship. The world s financial system has gone through its greatest crisis in at least half a century. This has been characterized as a crisis of capitalism, with fundamental questions increasingly being asked about the nature of the global economic system. Some are concerned that the economic crisis may even lead to a geopolitical one. This global crisis has once again put into focus moral and ethical values in business, inspiring calls for a more socially responsible capitalism. The annual Oslo Summit on Peace through Trade addresses the ethical and responsible aspects of business. We invite you to the Oslo Summit 2009, arranged in collaboration between the Business for Peace Foundation, the City of Oslo, The Oslo Chamber of Commerce, Oslo World Trade Center, and the Oslo Center for Peace and Human Rights, at the Oslo City Hall on Thursday May Per L. Saxegaard Business for Peace Foundation / World Trade Center Oslo Thor W Togstad Chairman, Oslo Chamber of Commerce Kjell Magne Bondevik President, The Oslo Center for Peace and Human Rights Foto: Sturlason Mr. Fabian Stang Mayor, City of Oslo The 2009 Oslo Summit on Peace through Trade Oslo City Hall May 14, 2009

3 The Natural Resource Charter seeks to provide guidelines and standards to inform and improve natural resource management The Natural Resource Charter is a set of principles for governments and societies on how to use the opportunities created by natural resources effectively. Some of the poorest countries in the world have large amounts of natural resources and these can provide a pathway out of poverty. Yet in the past, these opportunities have often been missed, and resource abundant countries have consequently remained poor. Natural resources have the potential to be transformative if they are properly harnessed for development. However, the value chain from the discovery of natural assets through to their conversion into a productive economy is long and complex. This is why the process has so often been unsuccessful. The Natural Resource Charter seeks to provide guidelines and standards to inform and improve natural resource management. It aims to ensure that the opportunities provided by new discoveries and commodity booms will never again be missed. Professor Paul Collier, Professor of Economics, Oxford University Economics Department Paul Collier, CBE, is a Professor of Economics, Director for the Centre for the Study of African Economies at The University of Oxford and Fellow of St Antony s College. He researches the causes and consequences of civil war; the effects of aid; and the problems of democracy in low-income and natural-resource-rich societies. Oslo Business for Peace Award The Just Man by the artist Bruce Naigles, symbolizes the bond of trust between two people joining in a handshake to confirm their commitment to each other. A human flexes and raises a mighty form. It is the Wheel of Life the primal symbol of continuity. Naigles Wheel of Life does not join in a circular end, it is bisected by the handshake that obligates. Through an ethical act, human beings contribute and become part of the cosmic order. The sculpture hints that ethical obligation is not a pre-given, but has to be carried forth by each and every human being again and again and again Description by Bjørn Li The Oslo Business for Peace Award Bruce Naigles (b.new York 1958): The Just Man The annual Oslo Summit on Peace through Trade will address the ethical and responsible aspects of business. This year s summit covers three sections: SECTION 1: The Launch of The Natural Resource Charter We are honored to be hosting the formal global launch of The Natural Resource Charter. This is a set of principles for stakeholders in societies on how to use the opportunities created by natural resources effectively. Yet in the past, these opportunities have often been missed, often by ethical and economical mismanagement. Many resource abundant countries have consequently remained poor. The Natural Resource Charter seeks to provide guidelines and standards to inform and improve natural resource management. It is an international convention in the making, but one that will be built by a participatory process guided by academic research. SECTION 2: Business ethics the link between Business and Peace The eastern and western view on Corporate Social Responsibility, the academic underpinning of the business case of business ethics and the relevant long term trends observed in society, are perspectives that serve as an approach to discussing the need for a more conscious brand of capitalism. SECTION 3: The Oslo Business for Peace Award Ceremony The inaugural ceremony of the annual Award. The nominees represent the international business persons who, through actions and commitments, have outstandingly promoted socially responsible and ethical business practices. The aim is to inspire business people as individuals to see the strength of the ethical business case, renewing the traditional vision of success through focusing on higher objectives. The world in recession - a call for a more ethically aware capitalism?

4 The 2009 Oslo Summit on Peace through Trade PROGRAM PROGRAM: REGISTRATION 0900 WELCOMING REMARKS Anette Wiig Bryn, Commissioner for Business Development and Sports INTRODUCTION TO THE OSLO SUMMIT By moderator Mr. Jan Egeland, Director of Norwegian Institute of International Affairs SECTION ONE: LAUNCH OF THE NATURAL RESOURCE CHARTER Aiming to assist governments and societies of resource-rich countries to harness their endowments of natural resources to maximum benefit for their citizens WELCOMING ADDRESS Minister of the Environment and International Development, Mr. Erik Solheim INTRODUCTION TO AND MOTIVATION FOR THE CHARTER Keynote: H.E. Festus Mogae, Former President of Botswana Natural Resources as the Springboard for National Transformation: the example of Botswana Keynote: Kandeh Yumkella, Director-General UNIDO - United Nations Industrial Development Organization Resource Extraction and Industrialization OFFICIAL LAUNCH OF THE NATURAL RESOURCE CHARTER Ceremonial launch of the Charter PRESENTATION OF THE PRECEPTS OF THE CHARTER Professor A. Michael Spence, Nobel Laureate Professor Anthony J. Venables, Director Oxford Centre for Resource-Rich Economies Karin Lissakers, Director of the Revenue Watch Institute PANEL DEBATE Moderated by Mr. Jan Egeland Professor Paul Collier, Professor of Economics, Oxford University Dr. Gobind Nankani, President of the Global Development Network Mr. Christoph Rühl, Chief Economist, British Petroleum Mr. Nuhu Ribadu, former Head, Economic and Financial Crimes Unit, Nigeria. Petter Nore, Director Oil for Development Norad LUNCH SECTION TWO: BUSINESS ETHICS - THE LINK BETWEEN BUSINESS AND PEACE Opening remarks by Mr. Thor W. Togstad, Chairman Oslo Chamber of Commerce. Keynote: Mr. Long Yongtu, Secretary General of Boao Forum for Asia. Former Chief Trade Negotiator of China and vice minister of trade. The eastern view Keynote: Kjell Magne Bondevik, Former Prime Minister of Norway. The western view BUSINESS, INTEGRITY AND PEACE - The business case of business ethics Keynote: Professor Timothy L. Fort, Exec. Director, Institute for Corporate Responsibility, Professor of Business Ethics, George Washington University MEGATRENDS 2010; THE FIVE TRENDS IN SHAPING THE WORLD The rise of conscious capitalism Keynote: Mrs. Patricia Aburdene, Author PANEL DEBATE Professor Timothy L. Fort, Mrs. Patricia Abundene, Mr. Long Yongtu, Kjell Magne Bondevik Moderated by Mr. Jan Egeland Refreshments and seating for The Oslo Award SECTION THREE: THE AWARD CEREMONY THE OSLO BUSINESS FOR PEACE AWARD Welcoming remarks by Mr. Fabian Stang, Mayor, City of Oslo BACKGROUND AND MOTIVATION FOR THE AWARD The Oslo Business for Peace Award criteria Mr. Børge Brende, Managing Director, World Economic Forum PRESENTATION OF THE AWARD NOMINATING COMMITTEE Nobel Laureates: Professor Muhammad Yunus Professor Wangari Muta Mathai Professor A. Michael Spence INTRODUCTION OF NOMINEES Zhengrong Shi (China) Jeffrey R. Immelt (US) Mo Ibrahim (Sudan) Mohammed Jameel (Saudi-Arabia) Josephine Okot (Uganda) Jiang Jianqing (China) Anders Dahlvig (Sweden) PRESENTATION OF THE OSLO AWARD 2009 WINNERS HONOUR WORLD WIDE RECESSION, FUNDAMENTAL CHALLENGES FACING BUSINESS AND SOCIETY - a new paradigm for collaborative solutions and corporate social responsibility?

5 The 2009 Oslo Summit on Peace through Trade SECTION ONE Mr. Jan Egeland, Director, Norwegian Institute of International Affairs. Mr. Jan Egeland was Special Advisor to the UN Secretary General Under Secretary General for Humanitarian Affairs and Emergency Relief Coordinator in the United Nations ( ). He was Secretary General of the Norwegian Red Cross ( ), Special Advisor to the UN, Secretary General for Colombia ( ), Senior Consultant to the Inter-American Development Bank ( ) and State Secretary in the Norwegian Ministry of Foreign Affairs ( ). Mr. Egeland has been prominent in several peace processes that includes the Oslo Agreement between Israel and the PLO (1993) and the Ceasefire Agreement for Guatemala signed in Oslo City Hall Mr. Erik Solheim, Minister of the Environment and International Development Erik Solheim is a former member of the Norwegian Parliament, the Storting, and also a former leader of the Socialist Left Party, SV. He holds two positions in the current Norwegian cabinet, and carries the title Minister of the Environment and International Development. Mr. Solheim holds Undergraduate degree in History and Sociology, University of Oslo Anette Wiig Bryn, Commissioner for Business Development and Sports Anette Wiig Bryn, Commissioner in the City of Oslo has been a member of the Oslo City Government since Representing the Progress Party, she is Commissioner for Business Development and Sports. Her main areas of responsibility are business development and innovation, tourism, sport facilities and financial contribution to sport activities and churches. H.E. former President Festus G. Mogae, Former President of Botswana The Botswana Democratic Party (BDP), retained power in the October 1999 general election, and Mogae was sworn in for a five-year term on 20 October 1999 On this occasion, he vowed to focus on the fight against poverty and unemployment. Mogae was awarded the Grand Cross of the Légion d honneur by French President Nicolas Sarkozy on 20 March 2008 for his exemplary leadership in making Botswana a model of democracy and good governance. SECTION TWO Professor Anthony J. Venables, ex-chief Economist, Department For International Development - the UK government Ministry for development issues Mr. Anthony Venables is Professor of Economics at Oxford University where he also directs the Oxford Centre for the Analysis of Resource Rich Economies. He is a Fellow of the Econometric Society and of the British Academy. Former positions include chief economist at the UK Department for International Development, professor at the London School of Economics, research manager of the trade research group in the World Bank, and advisor to the UK Treasury. Africa region between 2004 and Petroleum of Energy. Dr. Gobind Nankani, President Global Development Network Dr. Gobind Nankani, a Ghanaian native, was recently appointed President of the Global Development Network (GDN) in Dr. Nankani is a development economist and has a distinguished 30 year career at the World Bank, holding management positions in various regions and sectors across the Bank. Prior to joining GDN, Dr. Nankani served as the Vice President for the Petter Nore, Director Oil for Development Norad Petter Nore is currently Director of the Energy Department in Norad, which includes the Oil for Development-project. He has broad experience from the Norwegian and international petroleum sector, and previous positions include being President of Hydro Russia, Senior Energy Economist in the World Bank s Energy Division and Division Chief in the Norwegian Ministry of Mr. Long Yongtu, Secretary-General of Boao Forum for Asia since January 21, Mr. Long Yongtu did his post graduate study in economics at the London School of Economics and was awarded honorary degree of Doctor of Science (Economics) by London School of Economics and Political Science in In 1992, Mr. Long was appointed Director-general of Department of International Relations, MOFTEC, and Assistant Minister of the Ministry in April In February 1997, he was appointed Vice Minister for Department of International Relations and the Chief Representative for Trade Negotiations of MOFTEC. Mr. Long dedicated over 10 years in trade negotiation to bring China into the global trading system GATT as China Chief negotiator. (EFCC) in April, then in Brazil. Mr. Nuhu Ribadu, former Head, Economic and Financial Crimes Unit, Nigeria. Nuhu Ribadu graduated from the Nigerian Law School and was called to the bar in 1984, before joining the Nigeria Police, where he rose to become head of the Legal and Prosecution department, Police Headquarters, Abuja. His 18-year service in the Nigeria Police culminated in his appointment as pioneer Executive Chairman of the Economic and Financial Crimes Commission Dr. Kandeh Yumkella, Director- General UNIDO - United Nations Industrial Development Organization, Dr. Kandeh K. Yumkella of Sierra Leone was nominated as the candidate for Director-General of UNIDO by the 30th Session of the Industrial Development Board (IDB) on 21 June The 11th Session of UNIDO s General Conference approved the IDB nomination on 2 December Dr. Yumkella formally assumed the position of Director-General on 8 December. Mr. Christof Rühl, Chief Economist of BP plc, London. Christoph Rühl analyses global economic developments and their impact on energy markets, and provides strategic input into BP s activities. Mr. Rühl has a distinguished track record as an economist in academia as well as in economic development and policy advice. Prior to joining BP in May 2005, he served as the World Bank s Chief Economist in Russia ( ), and Karin Lissakers, Director of the Revenue Watch Institute Lissakers She has held senior posts in the U.S. government, academia and several think tanks. Lissakers was United States Executive Director on the Board of the International Monetary Fund from 1993 to 2001, representing the Fund s largest shareholder during a period of turmoil in international markets and a U.S.-led campaign to redesign the international financial architecture and reform the IMF, including opening its policies and practices to public scrutiny. SECTION THREE Professor Timothy L. Fort, Exec. Director, Institute for Corporate Responsibility, Professor of Business Ethics, George Washington University Timothy L. Fort is the Lindner-Gambal Professor of Business Ethics and Director of the Program on Peace Through Commerce at George Washington University s Business School. He is also an academic advisor for the Business Roundtable Institute for Corporate Ethics and an Adjunct Faculty at the George Washington University School of Law. Mrs. Patricia Aburdene, author Mrs. Patricia Aburdene is one of the world s leading social forecasters. For twenty-five years she has been tracking how change impacts business. Through her books, talks and workshops, Mrs. Aburdene has helped thousands of organizations and millions of people make the most of change and transformation. Co-author of the number one, New York Times bestseller Megatrends 2000, Mrs. Aburdenes newest book is Megatrends 2010: the Rise of Conscious Capitalism, a blueprint of the social, economic and spiritual trends transforming free enterprise. Secretary General. Kjell Magne Bondevik, President of the Oslo Centre for Peace and Human Rights. Mr. Bondevik is former Prime Minister of Norway from 1997 to 2000 and from 2001 to Mr. Bondevik has during his long and distinguished political career served as Minister of Foreign Affairs and Minister of Church and Education and been President of the Christian Democratic Party in Norway. After leaving office, he founded the Oslo Centre for Peace and Human Rights, where he serves as President. Mr. Børge Brende, Managing Director, World Economic Forum Børge Brende is a Norwegian politician (the Conservative Party Høyre). From 2001 to 2004 he was Minister of the Environment, and then Minister of Trade and Industry until In 2008, Brende joined the World Economic Forum as Managing Director, particularly in charge of relations with governments and civil society. In 2009, Børge Brende will be joining the Norwegian Red Cross as

6 Oslo Business for Peace Award NOMINATING COMMITTEE: Professor Muhammad Yunus, Winner of The Nobel Peace Prize 2006 Mohammad Yunus and the bank he founded, Grameen Bank, won the Nobel Peace Prize for for their efforts to create economic and social benefit from below. Grameen Bank was established in the belief that credit is a fundamental human right and with the objective to help poor people escape from poverty by providing loans on terms suitable to them. Replicas of the Grameen Bank model currently operate in more than 100 countries worldwide. Professor Wangari Muta Maathai, Winner of The Nobel Peace Prize 2004, Green Belt Movement Founder Dr. Wangari Maathai is the founder of the Green Belt Movement, a non-profit, grassroots non-governmental organization (NGO) based in Kenya. Dr. Wangari and the GBM was awarded the Nobel Peace Prize in 2004 for their contribution to sustainable development, democracy and peace. Professor A. Michael Spence, Winner of The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001 A. Michael Spence is a senior fellow at the Hoover Institution and Philip H. Knight Professor Emeritus of Management in the Graduate School of Business, Stanford University. He is chairman of an independent Commission on Growth and Development, created in 2006 and focused on growth and poverty reduction in developing countries. Endorsment by Mr. Kofi A. Annan, Winner of The Nobel Peace Prize 2001 It is important to inspire and encourage business persons to be conscious of the role they can play as individuals to foster stability and peace. This is an element that should be incorporated as a matter of course into Corporate Social Responsibility Initiatives. I think the idea behind the Oslo Award, and the potential impact it may have, is important and inspiring. I am happy to endorse the initiative and hope to see the vision come through. Yours sincerely Mr. Kofi A. Annan For full endorsement letter, please visit-: NOMINEES TO THE OSLO BUSINESS FOR PEACE AWARD: Anders Dahlvig (Sweden) Anders Dahlvig started working for IKEA in 1984, and assumed his current position as CEO in Under Anders Dahlvig s leadership, IKEA has placed sustainability at the heart of its product development and supply strategy. The IKEA Way of Purchasing Home Furnishing Products (the IWAY) is a code of conduct which defines what suppliers can expect from IKEA and what IKEA requires from its suppliers in terms of legal requirements, working conditions, the active prevention of child labor, environmental protection and forestry management. Mo Ibrahim (Sudan) Dr. Mohamed Mo Ibrahim is a Sudanese-born British mobile communications entrepreneur. He is currently on the board of the Mo Ibrahim Foundation, and is a member of the Africa Regional Advisory Board of London Business School. In 2006, the foundation launched the Prize for Achievement in African Leadership. The prize is awarded to African heads of state who deliver security, health, education and economic development to their constituents, and who democratically transfer power to their successor. With a $5 million initial payment, plus $200,000 a year for life, the prize is believed to be the world s largest, exceeding the $1.3m Nobel Peace Prize. Mohammed Jameel (Saudi-Arabia) Mohammed Jameel is President of Adbul Latif Jameel Co. Ltd. A great philanthropist as well as a respected businessman, Mr. Jameel has developed several community programs promoting job opportunities for thousands of young Saudi men and women each year. Jameel has been the driving force behind the Grameen Jameel Pan Arab Initiative, which aims to reduce poverty through micro credit. In addition, he opened the first Bab Riza (Gateway to Prosperity) Jameel Center in June 2007 in Jeddah for creating employment opportunities for women and offering financial support for start-ups and loans for vocational training in both the public and private sectors. Jeffrey R. Immelt (US) Jeff Immelt is the Chairman of the board and Chief Executive Officer of the U.S. based conglomerate General Electric since Under Mr. Immelt s leadership, GE implemented a new initiative, under the name of ecomagination to ramp up development of clean technologies and lighten the company s environmental footprint. GE committed itself in 2005 to double its research-and-development investments in eco-friendlier technologies from 2004 to 2010, more than 10 times the 2005 federal US R&D budget for solar and wind combined. In 2007, GE announced that it was expanding its ecomagination strategy, committing to reduce its global water use by 20 percent by Josephine Okot (Uganda) Josephine Okot is the Founder and Managing Director of Victoria Seeds Ltd a full line seed company in Uganda. She founded the company for the purpose of delivering quality seed to smallholder farmers producing over 90% of agricultural output in Uganda and other countries of the region. She was awarded the YARA Prize 2007 for a Green Revolution in Africa for her pioneering work with the agriculture input sector. Jiang Jianqing (China) Jiang Jianqing has served as Governor of the Shanghai Bank and the Pudong Subsidiary Bank before becoming the Head of the Investment and Commercial Bank of China (ICBC). Under the leadership of Mr. Jianqing, the ICBC became the first Chinese bank in the country s domestic banking to introduce and apply the notion of Green Credit, strictly constraining credit inputs for heavily polluting and/or high energy-consuming corporations. For the ICBC, the environmental protection compliance serves as the ultimate determinant to reject or accept any projects and business entities requesting loans. Zhengrong Shi (China) The Chinese-Austrialian solar scientist Dr. Zhengrong Shi is the founder, Chairman and Chief Executive Officer of Suntech Power, one of the leading solar energy companies and the largest solar module manufacturer in the world. When he decided to start his own company in 2001, he was acutely aware of the growing need for renewable energy and he wanted to be part of the solution. Now, only eight years later, he is considered to be one of the world s leaders in the development and commercialization of renewable energy technology. Dr. Shi guided Suntech into designing and providing low-cost solar generators to let even the disadvantaged be able to afford clean energy. His idea and vision is to bring environment-friendly power to the world.

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