Businesses are instrumental to achieving the UN Sustainable Development Goals

Businesses will be the single most important driver for the delivery of the United Nations’ Sustainable Development Goals (SDGs), say almost 49 per cent of CEOs in a recent report by Accenture Strategy and United Nations Global Compact.

UN Global Compact executive director Lise Kingo said: “The adoption of the SDGs gives companies a clear and universal roadmap to make global goals (relevant to) local business.”

The SDGs, also known as the Global Goals, were announced at the United Nations UN Sustainable Development Summit in New York in September 2015 and was agreed upon by 193 member states. It includes 17 goals with 169 targets to achieve sustainability by 2030.

It provides a framework for businesses to align their strategies with sustainable development byincreasing the focus on their social and environmental performance and impact while still generating economic rewards.

According to the report, 70 per cent of CEOs see the SDGs as a clear framework for businesses to structure sustainability efforts.

And even more (87 per cent) view the Global Goals as “an essential window of opportunity to rethink and reset approaches to sustainability” .

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