Welcome to the 53rd St. Gallen Symposium! Our Opening Ceremony heralds the official beginning of this year's cross-generational dialogue, where we embark on a journey under the theme "Confronting Scarcity." Through first inputs, we aim to engage our attendees, fostering unity and anticipation for the enriching experiences that lie ahead. This momentous occasion serves as a platform to express heartfelt gratitude, extend warm welcomes to all participants, and ignite the flame of enthusiasm that will illuminate our collective path forward. Join us as we embark on this journey together.

Our growth-based economic model has for long relied on an abundant availability of resources. In recent years and going forward, long-term developments signal a deeper shift to an era defined by resurging scarcities. From disruptions in global trade to demographic shifts, and from water shortage to depleting natural resources, we are grappling with a multitude of pressing issues. So, which scarcities are the most urgent? How do different entities experience and respond to these challenges? Will this multifaceted scarcity endure, and how can we offer sustainable solutions? This introductory panel explores this year’s theme and sets the stage for discussions over the upcoming two days.

In today's dynamic global landscape, marked by global scarcities and geopolitical risks, leading businesses effectively has never been more challenging. One might instantly recognise the critical role of responsible leadership in identifying, assessing, and navigating these complex challenges in our interconnected world. However, the question arises: what strategies should organisations implement to proactively adapt and respond to our era's challenges, thus ensuring sustainable success? What are the key steps leaders must take to transform these insights into actionable strategies?

An increasingly large segment of the global population travels the world as tourists - adding to local economic development of the communities they visit, but also putting immense stress on their natural environments and resources. In this session, you will dive deep into the future of tourism and travel, with a view to their economical, social and ecological impact. Learn about the forces shaping the tourism landscape in the Kingdom of Saudi Arabia, Croatia, and beyond, and debate meaningful ways to realign travel with the needs of planetary ecosystems.

Engage with a selected group of topic experts on a specific use case of our annual theme. Co-hosted with leading academic institutions, selected roundtables feed into White Papers, which summarise and distill actionable recommendations in the follow-up to SGS. (By invitation only)

Engage in 4-5 cross-generational, off-the-record conversations on a main guiding question. These intimate dialogue formats match a senior business or policy executive with a group of 8-10 Leaders of Tomorrow to inspire decision-making with the views and concerns of the next generation. (By invitation only)

Dive into an eye-opening conversation in this unique interactive format, hosted together with ZEIT ONLINE: Here, controversy meets conversation through five bold questions, challenging you to rethink your stance. An advanced algorithm pairs you for debates with those on the other side of the spectrum, making it a fertile ground for open and honest dialogue in an era of deep divides. This isn't just be a discussion; it's an opportunity to bridge gaps and foster a culture of respectful, civil discourse. Join us and reconnect across generational and political divides.

Recharge your batteries with a delightful Swiss cuisine lunch! Take a moment to replenish your energy and prepare for more vibrant cross-generational dialogue. Connect with people from around the world and across generations, making new connections and sharing enriching experiences over a delicious meal.

Engage in 4-5 cross-generational, off-the-record conversations on a main guiding question. These intimate dialogue formats match a senior business or policy executive with a group of 8-10 Leaders of Tomorrow to inspire decision-making with the views and concerns of the next generation. (By invitation only)

Demographic shifts and societal ageing are challenges shared across Europe and Asia, with massive implications for the industrial sector in particular. Future-proofing skills, winning talent and harnessing technologies will be key to the future international competitiveness of nations and individual businesses alike. How can we turn demographic change from a challenge into an opportunity? What might Europe learn from emerging approaches in Singapore, and vice versa? Engage in dynamic discussions about strategies to cultivate vibrant industrial sectors and uphold leadership roles in international trade amidst demographic shifts.

Experience the 2024 Global Essay Competition Award Ceremony, where the top three essays on innovative ways of "Confronting Scarcity" will be showcased. In a fast-paced format, finalists will present their ideas and be challenged by a quickfire Q&A. Stay tuned as we unveil and celebrate these three winners!

Join this session to unravel the complexities of biodiversity and its indispensable significance in sustaining human life on earth. From the depths of the ocean to terrestrial ecosystems, this discussion explores the intricate web of diverse life forms. Delve into the repercussions of escalating species extinction rates and explore effective strategies to mitigate its adverse effects. What can and has to be done by individuals, businesses, and policy makers to ensure a healthy ecosystem in the future? Join us (outside, if the weather is nice) as we further understand biodiversity's important role and chart a course towards preserving life's rich tapestry for generations to come.

Effectively scaling up innovative ventures will be key for sustainable prosperity in Europe. Yet, European innovators face a scarcity of long-term oriented risk capital compared to ecosystems in China and the United States. What steps must Europe take to retain, nurture and scale its most innovative enterprises, thereby (re)securing its position as a powerhouse of innovation and economic prosperity? To what extent can state-led innovation funds and (stronger) incentives for private investment help bridge Europe's finance gap in innovation?

Not all scarcities are detrimental; in fact, some are revered and sought after. Luxury goods often derive their allure from scarcity, whether it's due to impeccable craftsmanship or deliberate cultivation. Join us as we delve into the world of luxury, exploring the intricate relationship between scarcity and desirability. Learn about the business models employed in the luxury market and how scarcity enhances the prestige of expert craftsmen and artisans. Explore the nuances of scarcity manipulation and the potential drawbacks associated with such practices. Discover how scarcity shapes perceptions of value and exclusivity in the realm of luxury goods.

In a world full of trendy buzzwords, the question stands out: Is diversity merely a trendy catchphrase, or does it hold the power to spark real change within organisations and beyond, shaping public life and societal structures? Join us for a compelling session as we dissect the complexities of diversity, equity, and inclusion (DEI) in today's context. We'll probe beyond the superficial and confront uncomfortable truths about the state of DEI efforts. How can organisations and broader society transcend short-term fixes and embrace DEI as a catalyst for genuine transformation, fostering environments where every voice is heard and valued?

Join Minister Tan See Leng for a session on Singapore's energy transition policies, containing insights on how governments, businesses, and individuals can contribute towards a cleaner, resilient future. You will have the opportunity to hear about how Singapore views the energy transition process as an opportunity for economic transformation, while ensuring it remains viable for businesses and its people. Minister will share about Singapore’s efforts to encourage innovation in decarbonisation, explore low-carbon alternatives, and strengthen integration through cross-border electricity projects, all in the aim of capturing opportunities for growth as we transit towards a low-carbon future.

The Russian invasion of Ukraine and the recent onset of war between Israel and Hamas have ushered in a new era for Europe’s security policy. While for decades, investments in military capabilities had been decreasing, the question of how to reorientate and strengthen the continent’s strategic role have moved front and center. What is the cost of peace and security, and are Europeans willing to pay for it? How to confront the multiple dilemmas and paradoxes of securing peace in a world in turmoil? Join us as a diverse group of experts across the security, diplomatic and humanitarian realms grapple with these and other challenging questions.

Water scarcity is a pressing global issue affecting communities worldwide. With 2.3 billion people living in water-stressed countries, the urgency to address this issue cannot be overstated, and an integrated and inclusive approach must be taken to manage this finite resource. Join us as we explore the complexities of water scarcity and discuss strategies for building resilience in the face of this challenge. From inadequate infrastructure to the impacts of climate change, learn how the public and private sector can play a crucial role in making water usage more efficient and accessible.

This session offers an insightful exploration into American politics and the dynamics surrounding the 2024 election cycle. Participants will examine the reality of polarization in contemporary American society, distinguishing between genuine societal divisions and political rhetoric. Additionally, the session will address the significance of the 2024 election in shaping the trajectory of American democracy. Through engaging discussions and analysis, attendees will gain a deeper understanding of the complexities within the US political system and develop a more nuanced perspective on forthcoming developments.

The pivot to renewable energy underscores the vital need for critical minerals like lithium and cobalt, against a backdrop of environmental and supply chain challenges. Recent exploratory projects in the realm of "deep sea mining" have underscored the tightrope walk of sourcing these essentials sustainably whilst advancing green technologies. We’ll dissect the impacts of mining - including its impacts in the deep sea - innovations in recycling, and the global efforts towards a balanced approach, aiming for solutions that honour both our ecological commitments and energy futures.

Join us for an enchanting evening of timeless music, uniting generations and celebrating the beauty of a complimentary buffet-style vegetarian dinner and refreshments as we create everlasting memories guided by three music eras (jazz, rock, disco) that echo through the ages, reminding us of the enduring power of harmony and connection.

In the face of multifaceted scarcity challenges and Europe's decreased influence in the geopolitical environment, it is imperative that the continent's strategic priorities focus on collaborative solutions for resilience and maintaining a robust global presence. By examining the role of policy frameworks and fostering collaboration within Europe, the discussion seeks to uncover pathways towards a more sustainable future, exploring how the continent can effectively leverage its collective resources to navigate these challenges. As Europe grapples with these pressing issues, the key question remains: Can collaboration thrive amidst diverging priorities?

In response to the escalating climate challenges confronting our planet, technological innovation will be a substantial - albeit not the only - pathway to sustainable solutions. This session critically explores the potential of two key technologies – heat pumps and carbon offsetting – as components of national paths to net-zero. Where do we currently stand? What are opportunities as well as constraints in their scale-up? In light of the controversies around recent legislative initiatives, we will also explore the role of public awareness and strategic communication to move forward collectively.

Join us for an enlightening journey into the development of the Circular Economy. Explore how companies are embracing circular economy business models to minimise waste and pollution while fostering sustainable growth and innovation. Uncover strategies for overcoming obstacles and maximising the benefits of circularity. Learn how circular business models create value and are increasingly vital for businesses to adopt to safeguard precious resources and de-materialise their value chains.

This session explores the multifaceted responsibilities of companies and consumers in promoting sustainable food production and consumption. The panel delves into the complexities of our current food system, while considering obstacles and opportunities for building a more sustainable future. How can we build a future of food that nourishes a growing global population, while contributing to the flourishing of the coming generations? Join us as we envision a future where collaboration across sectors supports purpose-driven business and conscious consumers in integrating sustainable practices into everyday food consumption, contributing to a safe operating space within planetary boundaries.

Kriege in der Ukraine und in Nahost, wachsender Protektionismus, eine potentielle Rückkehr Donald Trumps – die Weltwirtschft ist momentan so herausgefordert wie lange nicht. Doch wie navigiere ich meine Organisation durch eine Welt voller geopolitischer Risiken? An dieser Stelle wird die strategische Szenarioplanung zu einem wertvollen Instrument. Hierdurch können Risiken besser antizipiert werden, Chancen erkannt und Organisationen proaktiv auf die Herausforderungen und Möglichkeiten der Zukunft vorbereitet werden. Gemeinsam tauchen wir tiefer in Strategien und Überlegungen ein, wie sich Organisationen resilient(er) gegen Krisen und Risiken aufstellen können. (By invitation only)

Engage in 4-5 cross-generational, off-the-record conversations on a main guiding question. These intimate dialogue formats match a senior business or policy executive with a group of 8-10 Leaders of Tomorrow to inspire decision-making with the views and concerns of the next generation. (By invitation only)

As environmental resources dwindle, the imperative for companies to contribute positively and innovate grows. The "Voices of the Leaders of Tomorrow" Report, a collaboration between the Nuremberg Institute for Market Decisions and the St. Gallen Symposium, surveyed 650 emerging leaders and 250 executives on ways to reorient business in an era of intensifying scarcities. This session aims to harness diverse generational insights, identify differences and common ground to foster solutions. This interactive session not only seeks to understand varying viewpoints but also to collaboratively outline actionable paths forward for truly sustainable business practices.

Businesses are pivotal in tackling challenges like climate change and social inequities. Publicly listed companies are increasingly under investor and regulatory pressure to disclose their ESG impacts. Yet, about 90% of firms are private, including many family businesses. How can we ensure that private companies, and family businesses in particular, contribute to environmental and social transformations? How transparent do they need to be in the process? This session explores enabling strategies for such businesses and discusses reliable models for measuring and reporting their progress, aiming to include the vast majority in the drive towards a sustainable future.

Hosted by the Club of Rome, this workshop session addresses the urgent need for a shift from extractive practices to a regenerative economy. In dialogue with two leading experts, participants will explore how meaningful youth engagement and intergenerational leadership can help transform organisations and policy institutions. Join us to discover pathways toward prosperity that serve both people and the planet, by involving the perspectives and experience of diverse generations.

In this engaging workshop led by the BCG Henderson Institute, we explore the power of science fiction for envisioning the future of human work. By examining science fiction films that imagine the future of work and of corporations, participants are encouraged to explore dystopian and utopian visions. On this basis, they develop creative strategies for tackling future challenges, that we can start to action in the present. Through discussions and interactive exploration, attendees will learn to use science fiction as a tool for imagining and planning for desirable futures and also hone their imaginative thinking capabilities.

The NextGen Value Creation Barometer is a collaboration between the St. Gallen Symposium and the Foundation for Value Creation. Measuring outcomes in areas such as sustainability, education and health, it assesses the extent to which countries' economic models create - rather than deplete - long-term value for future generations. What are lessons to be learned from this year's top-ranked country Denmark? Why do the United States fall behind? Explore these and other questions in this session that bridges research and practice.

In this sessions, panelists and participants will shake up the status quo, discussing accessible mental health services and fighting against stigma. Together, they'll dissect how mental health intersects with societal norms, technology, and policy frameworks, unveiling strategies to bolster resilience and well-being across the globe. Join us in sparking dialogue, challenging norms, and carving a path towards a future where mental health takes center stage in the pursuit of holistic well-being.

Recharge your batteries with a delightful Swiss cuisine lunch! Take a moment to replenish your energy and prepare for more vibrant cross-generational dialogue. Connect with people from around the world and across generations, making new connections and sharing enriching experiences over a delicious meal.

Engage in 4-5 cross-generational, off-the-record conversations on a main guiding question. These intimate dialogue formats match a senior business or policy executive with a group of 8-10 Leaders of Tomorrow to inspire decision-making with the views and concerns of the next generation. (By invitation only)

The 53rd St. Gallen Symposium will host an official launch event of Reporters without Borders’ 2024 World Press Freedom Index. which evaluates the environment for journalism in 180 countries and territories. Published on World Press Freedom Day, the Index is the world’s most comprehensive assessment of press freedom worldwide.

Rapid developments in artificial intelligence (AI) are having profound impacts on business, society, and policy. As AI revolutionises our access to information, including through new productivity, content generation, and business intelligence solutions, it simultaneously poses pressing ethical and regulatory challenges. This debate will explore AI's transformative potential and various applications across sectors, the importance of public perceptions of the technology, and critically examine its implications on equity, including through a feminist perspective. We will discuss the balancing act between harnessing AI's capabilities for progress and addressing the nuanced concerns it raises.

Businesses are facing massive challenges to future-proof their business models, particularly in light of the sustainable and digital transformations. Securing enough capital to finance investments in is key to master these intersecting change processes. In light of a shifting regulatory framework, pressure to show progress on ESG and high interest rates, this is a formidable challenge. What role does the financial sector play in enabling the future-oriented transformation of companies? What concrete approaches are there to support the economy in its transformation effort and how are the associated risks seen by banks, pension funds and asset managers?

As businesses face both acute short-term issues and critical long-term challenges, their leaders need to balance the impacts of decisions across multiple timescales. Achieving this may be complicated by the significant rise in CEOs' average age over the past two decades. Balancing experience and curiosity can help businesses tackle challenges and improve their competitive edge by fostering renewal. This session explores the potential and practicalities of embracing intergenerational leadership for age diversity in corporate leadership. We'll discuss practical strategies for businesses to leverage experienced and emerging leaders, fostering forward-thinking, inclusive governance.

Democracy as a competition of ideas hinges on citizens’ free access to information to form opinions. A vibrant media and information environment is therefore fundamental for liberal, open societies. In the 21st century, the democratization of the public sphere and vast availability of information has had many benefits, but has also driven fragmentation and disinformation. How can liberal societies strike a balance between freedom of information and its truthfulness? What should legacy media evolve their mandate and offering in the current environment?

In this special dialogue, Russian democracy advocate Yulia Navalnaya will reflect on the scarcity of an intangible, precious good which is increasingly being threatened across diverse geographies: political freedom and democracy. Building on the legacy of her late husband, Russian opposition leader Alexei Navalny, she will provide insights on the role of the opposition in today's Russia and what perspectives there may be for democratisation.

The Closing Ceremony of the 53rd St. Gallen Symposium marks a poignant conclusion to our collective journey. Reflecting on "Confronting Scarcity" and our rich dialogue, we honour shared experiences, fostering unity and appreciation. We express gratitude, extend farewells, and celebrate insights. As we depart, let's remember to leave with the next generation in mind, carrying forward cross-generational collaboration.

Experience a culinary exploration of contrasts at our themed dinner event, as we delve into the extremes of our planet's climate zones. Indulge in a diverse array of dishes reflecting the resilience and adaptation of Earth's ecosystems. Join us for an evening of gastronomic discovery, reflecting on the delicate balance of our global climate.