In the historic interior of the Beethoven House in Bonn, the participants in the Values Forum – including Stephan Gemkow – discussed the topic “Business and society: returns without responsibility? How a focus on values can help companies create value – for everyone.”
After the welcoming address by the director of the Beethoven House and host of the event Malte Boecker, partner and branch manager of PwC Cologne Jens Pollmann and member of the Management Board of the Values Commission Daniela Bechtold-Schwabe, the moderator of the event Dr Philipp Busch, businessman and member of the Management Board of the Values Commission, introduced the topic.
A trailer by the Values Commission featuring the voices of personalities from the economic region was played, and then the panel discussion began. Dr Petra Bahr, head of the Politics and Consulting department of the Konrad-Adenauer-Stiftung e. V., Dr Wolfgang Fink, co-head at Goldman Sachs Germany, Prof. Norbert Winkeljohann, Chairman of the Management Board of PwC and our CEO Stephan Gemkow held a lively discussion on corporate responsibility and value focus.
“Companies need to generate adequate profits in order to secure their existence – and that of their jobs – in the long term. However, the pursuit and maximisation of profits alone is not a sustainable company purpose. Without being rooted in society – that is, without actively assuming social responsibility – long-term business success is virtually impossible,” commented the Chairman of the Management Board of the Values Commission Sven H. Korndörffer, summarising the discussion.