At the B20 Summit on May
2-3, 2017 the Business20 (B20) presents its recommendations to German
Chancellor Angela Merkel, who is presiding over the G20 in 2017. Over the past
seven months, more than 700 representatives from companies and business
associations from all G20 countries and sectors have developed recommendations,
which strive to make the global economy more sustainable and future-oriented.
The themes of this year’s G20 presidency are: Building Resilience, Improving
Sustainability, and Assuming Responsibility. These are essential pillars for
growth that is not only dynamic, but also inclusive and sustainable. The B20
supports these ambitions.
“If the G20 did not exist today, we would need to create it. Through trade,
investment, financial integration, data flows, and migration, our economies are
growing more and more interdependent. This interdependence is a driver of
economic growth and prosperity“, B20 Chair Juergen Heraeus emphasized. However,
it also means that crises can spread more easily, from country to country and
region to region, and that existing opportunities can only be fully leveraged
through joint efforts. “In our interconnected world, international cooperation
is key – to realize the benefits but also to tackle the challenges”, Heraeus
The global business community is convinced that globalization offers tremendous
opportunities. However, common rules, strong institutions, and international
cooperation are necessary to shape the outcomes of globalization and ensure
that everyone has the chance to benefit from it. “The G20 must meet the
objective of not only fostering growth, but growth that is sustainable and inclusive.
Everyone should be able to benefit from globalization,” Heraeus stated.
Business is ready to carry its share of responsibility, through job creation,
education and vocational training, responsible business conduct, and
The B20 is convinced that a future-oriented, sustainable, and competitive world
economy can only be guaranteed if businesses keep finding innovative solutions
to curtail climate change, foster the energy transition, and decrease resource
intensity. The G20 can achieve this by implementing the Paris Agreement,
accelerating the market readiness and deployment of low-carbon technologies,
and by establishing a Resource Efficiency Platform.
G20 members should also promote open, dynamic and inclusive labor markets by
removing structural and legal barriers, promoting diverse forms of work and
female employment, and by bringing labor migration policies in line with labor
market needs. “Rather than echoing the populist discourse that makes
globalization the scapegoat for all kinds of problems – from economic downturn
to security risks – we need to focus on offering real solutions to real
problems”, Heraeus called on the G20.
"The B20 is the most authoritative setting for facing the challenges of
the future, also for aerospace. "B20 Member and Protom Founder Fabio
De Felice stated. "The world economy is becoming increasingly
uncertain. In this environment it is more important than ever that we work
towards an environment which fosters innovation, economic growth, and job
Protom is a Global Player for the designing and the development of innovative
solutions both for SME’s and multinational corporations of aerospace. The
company is leader in global consulting and system integration, specialized in
KIBS (Knowledge Intensive Business Services) development. Through Research
and Innovation, the main pillars of its approach, Protom constantly aims at
delivering high-quality top-end services, and thus it is able to continuously
attract new partners to pursue business objectives. Protom’s strengths include
the ability of its departments to cooperate in order to deliver advanced
services in accordance with the tailor-made approach of the company, which
allows a customized and optimal execution of each project.