Sustainable Development Goals (SDGs); were adopted by the United Nations in 2015 as a universal call of action to end poverty, protect the planet, and ensure peace and prosperity for all. The 17 goals on climate change, economic inequality, innovation, sustainable consumption, peace and justice have already been adopted by all governments, and the private sector is next-in-line.
Companies, private sector organisations, civil society organisations and even stock exchanges are beginning to base their business strategies on the SDGs. As governments around the world begin to measure their own progress on the SDGs, nation leaders will seek ways to collaborate and partner with the private sector to help their countries achieve their stated goals. The benefits of collaboration with business leaders on the SDGs can have more favorable conditions, business-friendly policies and other competitive advantages for companies aligned with these global goals.
For firms considering SDG Analysis, benefits may include:
Recognizing tomorrow's opportunities
More and more innovations are emerging from changes in consumer behavior, as well as the increasing pressure from social enterprises to enter the market with innovative, sustainable solutions. This can lead to further improvement of business processes or products in terms of sustainability, as well as the development of new types of solutions.
New partnerships and synergies
Working with others on SDG is a powerful and unifying element for companies.
Positive reputation of the company
Communicating the company's relationship with SDG internally and externally convinces employees and external stakeholders, and enhances the company's reputation.
You can contact us for information about SDG Analysis.