An internal investigation at the World Economic Forum (WEF) has found its founder, Klaus Schwab, engaged in unauthorized spending, workplace misconduct, and inappropriate behavior toward female employees. Schwab and his wife reportedly billed over $1 million in questionable travel expenses and sent inappropriate emails to staff. The probe also alleges that Schwab manipulated WEF data to politically undermine Brexit, raising concerns about the organization's credibility and impartiality. Schwab has denied all allegations, but the scandal has sparked a crisis of trust in the WEF's leadership and its commitment to ethical governance. The controversy has significant implications for the WEF's reputation and the broader ESG investment community.
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