BMW Foundation Herbert Quandt Annual Report BMW Foundation Herbert Quandt | Annual Report 2019 Contents 04 Making Our Mission a Reality 06 How We Work 07 Reflecting on 2019 08 Ten Years to Transform Our World 10 INSPIRE 12 Leadership Programs 13 Global Table Circle 16 Responsible Leaders Forums 20 CONNECT 22 The BMW Foundation Responsible Leaders Network 27 Close Contact 28 World Responsible Leaders Forum 31 Measuring Up 32 Questioning Traditional Beliefs 34 INVEST 36 Activating Sustainable Cities and Communities 39 Accelerating Responsible Leadership 40 Enabling Sustainable Finance and Impact Investing 44 Outlook 2020 46 Finances facebook.com/bmwfoundation twitter.com/bmwfoundation 50 Programs and Activities linkedin.com/company/bmw-foundation instagram.com/bmwfoundation 52 Boards and Team www.bmw-foundation.org www. twentythirty.com BMW Foundation Herbert Quandt | Annual Report 2019 Inspiring Responsible Leadership Making Our Mission a Our Mission The BMW Foundation Herbert Quandt promotes Responsible Reality Leadership and inspires leaders worldwide to work towards a peaceful, just, and sustainable future. Through our activities, we The year 2019 saw a proliferation of the many We believe our contribution to a better world lies aim to advance the Sustainable challenges that beset us in 2018. The erosion of in finding and listening to these leaders, bringing Development Goals of the democratic institutions and a rise in populism were them together for an exploration of their role and accompanied by further manifestations of climate potential impact, and connecting them to work United Nations 2030 Agenda. breakdown – among other deeply concerning across their social, geographical, and professional issues. At various points we might have felt as if boundaries. By supporting them financially and humanity was heading backwards. non-financially in their endeavors, we aim to help Responsible Leaders form a global community of But amid all of this, at the BMW Foundation Herbert purpose and achieve more than the sum of their Quandt, we believe there are reasons for optimism. parts. These are to be seen in the many courageous leaders all over the world, working hard in their Underpinning all our efforts is the value framework own contexts to build a better society. Using their provided by the UN Sustainable Development own skills, initiatives, and networks, these BMW Goals for 2030. These guide all the work we do, Foundation Herbert Quandt Responsible Leaders as we contribute all our creativity, energy, and are affecting countless others around them, and resources to building a more peaceful, just, and having material positive impact. sustainable future. BMW Foundation Herbert Quandt | Annual Report 2019 7 Responsible Leadership Reflecting on 2019 Responsible Leaders are individuals who, beyond their professional The past year has shown a rich vein of activity for and personal duties, work towards the BMW Foundation Herbert Quandt and our social and political change – across three focus areas of INSPIRE, CONNECT, and and within societies, communities, INVEST. The development of projects, leadership cultures, and countries – to influence programs, and partnerships broadened the impact for a better world. base of our network. They are driven by a strong vision The establishment of our office in a in new historic and values such as courage, respect, premises on Prater Island in Munich has provided a openness, integrity, honesty, new physical expression of the Foundation’s role in resilience, empathy, and humility. They the community. encourage and inspire others to take For INSPIRE, Global Tables explored the theme action towards a more peaceful, just, of “Building Resilient Societies” in San Diego and and sustainable future. Marseille, and the Berlin Global Forum brought this cycle to an end. Our BMW Foundation Responsible Leaders Forums in different countries also reflected on personal and leadership challenges in different sectors, among other programs. For CONNECT, the time served to reinforce our ambition of building a community with a shared Our work advances through purpose. We strengthened regional work by having our Network Organizers listen carefully to our three main areas: Responsible Leaders, and the pilot stage of our Impact Analysis kicked off, to ensure we better understand our impact and how to improve going forward. INSPIRE CONNECT INVEST For INVEST, the “Denkraum” project was launched, We invite selected leaders to We cultivate a global network Our goal is to move beyond establishing hubs for experts to consider “Good our leadership programs to of Responsible Leaders to finance to a new balance of Life and Sustainable Cities 2030.” Among other reflect on, consider, and change empower each other, exchange economics, society, and ecology projects, this was joined by the launch of the their perspectives, emphasizing ideas, pool resources, and through the creation of impactful RESPOND accelerator, with UnternehmerTUM, our responsibility to the collaborate towards a greater stakeholders networks. We seeking to foster a responsible economy by common good. positive impact. thus aim to contribute to a supporting innovative social-impact ventures. transformation of our economic and financial systems. To this end, The year ended with our 6th World Responsible we identify, activate, connect, and Leaders Forum in Mérida, Mexico. This unique support leaders and organizations experience brought together 310+ members of who are contributing to systemic our network to connect, reflect, and contribute to change. building our future. BMW Foundation Herbert Quandt | Annual Report 2019 9 Having strengthened our strategy, implementation, and Our Contribution to approach over the last years, we see our contribution as furthering this global joint effort. the UN 2030 Agenda “Our interest is to invite people to reflect together on what concrete contributions everyone can make in his or her personal and professional environment, and how we, as an organization, can connect them with a wider ecosystem. This active cooperation between leaders can contribute to building a network of networks aimed at making a substantive contribution to the implementation of the Sustainable Development Goals,” reflects Dr. Michael Schaefer, Chairman of the Board of the Foundation. “It´s an opportunity which helps us build up the need and pressure,” adds Markus Hipp, Member of the Board of the Foundation: “It’s going to be an interesting decade: which kinds of movements will we see? Are we going back or are we really moving towards to the new Agenda 2030, in the sense that we are able as a global community to spread out solutions through great leadership and new forms of power in the next ten years?” Ten Years to Transform Our World Responsible Leadership must be value-based. And the common framework we employ to ensure that everyone is pulling in the same direction is the UN 2030 Agenda. Adopted in 2015, the 17 Sustainable Development Goals lay out a roadmap to build a just and peaceful world by 2030. Now, with just 10 years to go, we must intensify efforts to bring governments, civil society, businesses, and individuals together. Visit the United Nation’s “We are at a critical time in history. Climate change is Sustainable having an impact. We have an economic system that up to Development now has rewarded profit and disregarded sustainability. We Goals website: have a real need to act.” This is the claim from Dr. Frank Niederländer, Member of the Board at the BMW Foundation, regarding what the UN is calling as the Decade of Action, and it involves accelerating sustainable solutions to all the world’s biggest challenges, from poverty and gender disparity to financial inequality and climate change. BMW Foundation Herbert Quandt | Annual Report 2019 11 Inspire We invite selected leaders from all sectors of society and Empowering leaders to world regions to our leadership change perspectives and programs to reflect on, consider, see new possibilities and change their perspectives, Over recent years the BMW Foundation Herbert emphasizing our responsibility to Quandt has listened and learned from our network, the common good. allies, and partners, to design and develop particular methodologies for our leadership programs. With constant improvements, these gatherings are held in unique places all over the world with the objective of exploring different aspects of Responsible Leadership and its implications in politics, in society, and through countries and cultures. The personal transformation of group members during the formats is ensured by a careful selection of participants, achieving a rich diversity. These attendees can then share their influence and power within their spheres and contexts, whether public, private, or third sector. Our programs put personal leadership experience and encounters center stage: it does so through an innovative format design and combination of methodologies, the diversity of the participants, and the selection of unique locations. After attending our Forums, Tables, and other formats, selected participants receive an invitation to become a member of the BMW Foundation Responsible Leaders Network. 13 Global Table New Coalitions for Resilient Societies Our third Global Table cycle continued and concluded in 2019 with its last two programs in the United States and France. We believe sustainable solutions towards the UN 2030 Agenda are only possible if people engage with other perspectives, those from entrepreneurs and scientists