While the Covid-19 shutdown is gradually being lifted, there will be no going back to normal everyday life for some time to come. The Coronavirus will continue to shape economic and social life well into the next year. Uncertainty about how the pandemic will develop going forward – with the inherent danger of new outbreaks – and the new social distancing etiquette characterise a new Covid-19 reality.
Being a good corporate citizen is no longer an option but a requirement for large corporations. The intentions behind the flood of corporate charitable responses to the Covid-19 pandemic have invariably been good, but donors aren't always given due credit for their kindness.
In these extraordinary times, the corporate world is being shaken by issues such as AI and ESG, along with a fervent debate over corporate purpose in society. If that was not enough, politics in many of the G20 economies has become unpredictable and consequently, so has the path of the global economy, at least in the medium-term.