Post by account_disabled on Feb 26, 2024 21:55:44 GMT -6
A survey of 1,000 British small and medium-sized businesses (SMEs) found that only two in ten are aware of the UN Sustainable Development Goals ( SDGs ). While in the world of large companies, at least half understand them, according to Edie .
Inequality, poverty, the food crisis are some of the challenges facing the planet. Addressing them requires solutions that involve the private sector and regardless of the industry, all corporations can contribute to collective goals, thus ensuring a sustainable future for people. But do they know it?
The SDGs represent a proposal to achieve Chinese American Phone Number List The impact of the SDGs: Are they really causing a change in business? three dimensions of sustainable development in a balanced manner: the economic, social and environmental spheres, which are divided into 17 goals, ranging from decent work to promoting gender equality.
impact of the SDGs
Therefore, they are the result of a process of searching for solutions to global challenges, where governments should involve all social agents. In this sense, to achieve the SDGs, it is essential that private organizations link them to their strategies and operations.
Impact of the SDGs on companies
According to research carried out by BSI – a corporation dedicated to business improvement services – of decision makers in more than 1,000 SMEs in the United Kingdom, only 18% said they are aware of the SDGs, despite the fact that the study was launched in 2015 and there are less than eight years left to complete them.
BSI also found that around half of decision-makers in large British corporations – meaning more than 250 employees – do not know what the SDGs are. Furthermore, awareness related to SDGs was found to be highest in the manufacturing sector, followed by medical, information technology and telecommunications.
At the other extreme are hospitality and leisure, education, media, communications and sales, since they reveal a low level of attention related to the SDGs.
Business leaders launch campaign to raise awareness about the SDGs
In 2019, a coalition of 17 global corporations, including Unilever, Nike and Google,—worth more than $500 billion in revenue—launched an awareness campaign to increase understanding of how these goals can be achieved.
Basically, each company would share the actions it has taken to champion a particular SDG, while also announcing its “to-do list” for the near future. Google, for example, implemented a $25 million impact challenge targeting women and girls to create pathways toward SDG 5: Gender Equality.
Furthermore, Unilever committed to ensuring that everyone who directly provides goods and services to it has a decent payment or income by 2030, in line with SDG 10: Living Wage.
In this sense, the BSI findings could indicate that corporations use different parameters to design and implement their environmental, social and business initiatives and measure the impact of the SDGs. However, 40% of those surveyed do not have established sustainability strategies with defined results.
impact of the SDGs
Lack of interest?
Murray Sayce, global director of sustainability solutions at BSI, says it is imperative that industries of all natures and sizes understand the importance of sustainability in their operating model if they are to survive. Since the study shows a large knowledge and implementation gap to carry out the impact of the SDGs.
Sayce thinks the problem is not that companies don't want to do the right thing for people and the planet, but rather a lack of understanding of how to set and meet credible goals.
Inequality, poverty, the food crisis are some of the challenges facing the planet. Addressing them requires solutions that involve the private sector and regardless of the industry, all corporations can contribute to collective goals, thus ensuring a sustainable future for people. But do they know it?
The SDGs represent a proposal to achieve Chinese American Phone Number List The impact of the SDGs: Are they really causing a change in business? three dimensions of sustainable development in a balanced manner: the economic, social and environmental spheres, which are divided into 17 goals, ranging from decent work to promoting gender equality.
impact of the SDGs
Therefore, they are the result of a process of searching for solutions to global challenges, where governments should involve all social agents. In this sense, to achieve the SDGs, it is essential that private organizations link them to their strategies and operations.
Impact of the SDGs on companies
According to research carried out by BSI – a corporation dedicated to business improvement services – of decision makers in more than 1,000 SMEs in the United Kingdom, only 18% said they are aware of the SDGs, despite the fact that the study was launched in 2015 and there are less than eight years left to complete them.
BSI also found that around half of decision-makers in large British corporations – meaning more than 250 employees – do not know what the SDGs are. Furthermore, awareness related to SDGs was found to be highest in the manufacturing sector, followed by medical, information technology and telecommunications.
At the other extreme are hospitality and leisure, education, media, communications and sales, since they reveal a low level of attention related to the SDGs.
Business leaders launch campaign to raise awareness about the SDGs
In 2019, a coalition of 17 global corporations, including Unilever, Nike and Google,—worth more than $500 billion in revenue—launched an awareness campaign to increase understanding of how these goals can be achieved.
Basically, each company would share the actions it has taken to champion a particular SDG, while also announcing its “to-do list” for the near future. Google, for example, implemented a $25 million impact challenge targeting women and girls to create pathways toward SDG 5: Gender Equality.
Furthermore, Unilever committed to ensuring that everyone who directly provides goods and services to it has a decent payment or income by 2030, in line with SDG 10: Living Wage.
In this sense, the BSI findings could indicate that corporations use different parameters to design and implement their environmental, social and business initiatives and measure the impact of the SDGs. However, 40% of those surveyed do not have established sustainability strategies with defined results.
impact of the SDGs
Lack of interest?
Murray Sayce, global director of sustainability solutions at BSI, says it is imperative that industries of all natures and sizes understand the importance of sustainability in their operating model if they are to survive. Since the study shows a large knowledge and implementation gap to carry out the impact of the SDGs.
Sayce thinks the problem is not that companies don't want to do the right thing for people and the planet, but rather a lack of understanding of how to set and meet credible goals.