An internal investigation at the World Economic Forum (WEF) has found its founder, Klaus Schwab, engaged in workplace misconduct, including inappropriate behavior toward female staff and unauthorized luxury spending.
Schwab is also accused of manipulating WEF research data to serve political interests, notably to undermine Brexit. The scandal has raised serious concerns about the organization's credibility and the legitimacy of its ESG (Environmental, Social, and Governance) framework. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board's handling of the probe.
The controversy has sparked a wider debate about elite influence, transparency, and governance at global institutions.
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