Business for Peace

The Business for Peace Foundation
FoundedApril 2007
FounderPer Leif Saxegaard
TypeNon-profit
NGO
Location
  • Oslo, Norway
ServicesBuilding awareness of the benefits of businessworthy conduct
FieldsGlobal search for Honourees, supporting related research, presentation of award, media relations
Key people
Marius Døcker, managing director
Websitewww.businessforpeace.org

Business for Peace Foundation (BfP) is a non-profit foundation based in Oslo, Norway. Formed in 2007 by Per Leif Saxegaard,[1][2] the Foundation defines its mission as being "to recognise, inspire, and accelerate businessworthy leadership."[3] It encourages ethical and responsible business practices that are value-driven with the goal of building trust, stability and peace worldwide.[4][5] As of 2019, Marius Døcker became the Foundation's Managing Director.[6]

Each year, the Foundation organizes the Oslo Business for Peace Summit, which concludes with the presentation of the Oslo Business for Peace Award. Since 2009, the award has been given to up to seven honourees, business leaders "whose actions and commitments are making an outstanding contribution to the promotion of ethical behavior and peace".[7] Honourees are selected by an independent committee made up of recipients who have won either the Nobel Peace Prize or the Nobel Memorial Prize in Economic Sciences. The Oslo Business for Peace award is sometimes referred to as the “Nobel Prize of Business”.[8]

  1. ^ Wilson, David Sloan (February 13, 2022). "Humanizing Corporations: A Nobel Prize for Enlightened Business Leaders (with Per Saxegaard – David Sloan Wilson Online Archive". davidsloanwilson.world. Retrieved 2024-11-01.
  2. ^ Thorpe, Devin (Nov 21, 2016). "Social Entrepreneur Creates 'Nobel Prize For Business' Focused On Social Responsibility". Forbes. Retrieved 2024-11-01.
  3. ^ "Mission & Vision". Business for Peace Foundation.
  4. ^ Special Report on Business Ethics: Business for Peace (PDF). Philadelphia, Pennsylvania: Knowledge@Wharton and AKO Foundation. May 2019.
  5. ^ Asghar, Rob (May 15, 2014). "Business As A Force For Peace: Six Remarkable Examples". Forbes. Retrieved 1 November 2024.
  6. ^ "Business for Peace Welcomes New Managing Director". Business for Peace Foundation. 2019-09-24. Retrieved 2024-11-03.
  7. ^ "Oslo Business for Peace Award (Oslo Award) encourages ethical business" (PDF). Norwegian American Weekly. Vol. 120, no. 16. April 24, 2009. p. 4. Retrieved 1 November 2024.
  8. ^ Pedro, Marian San (21 September 2020). "How this Mindanao coffee enterprise won the 'Nobel Prize of Business'". F&B Report Magazine. Retrieved 1 November 2024.