Nobel Peace Laureate Muhammad Yunus attended the World Economic Forum (WEF) in Davos from 22-25 January 2014.At WEF, he participated along with Sir Richard Branson and Bill Gates on the Future of Capitalism. The discussion took place on 23 January and was moderated by former British PM Tony Blair.
In his remarks Professor Yunus said that there is a need to bring human identity back to the business, defining business should be something that “will not do harm to people, will not do harm to planet, will not exploit people, will have no corruption and no deception”. Sharing his own experience, Professor Yunus said he is creating a space in conventional between business and philanthropy – which he terms as social business. This is dedicated to solve problems, not to make personal money.