Business and policy representatives from around the world have shared their views on the changes needed to ensure companies can actively contribute to the UN Sustainable Development Goals (SDGs) – and how reporting and partnerships supports this process.
How to strengthen links between business reporting and SDG contributions
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Regularly monitoring progress and reporting on SDG impact
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Linking SDG-related goals to business KPIs (key performance indicators)
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Take account of SDG-related priorities within materiality assessments
Partnerships: business and government
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Develop a common understanding on which SDGs are the priority at national or regional level
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Ensure clear and robust impact measurement
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Consider use of tax or other financial incentives
Partnerships: business to business
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Implement new systems that provide easier ways to identify SDG partners
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Establish shared goals, with a strong business case on both sides
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Share training and education programmes
What’s needed for effective leadership
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The ability to articulate a clear purpose supported by long-term goals
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A commitment to integrating the SDGs into corporate strategy
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Taking an adaptable approach to deliver on sustainability priorities
Sustainable business models that support SDGs impact
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A shift to a longer-term focus, within companies and in the wider corporate landscape
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Embracing new finance models – such as green bonds or social impact bonds
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Alignment of new business models with a company’s core competencies
Full press release on GRI
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