Post by account_disabled on Feb 20, 2024 4:19:35 GMT -5
The Sustainable Development Goals (SDGs) are a global roadmap adopted by the international community in 2015 as part of the 2030 Agenda. Together, they consist of 17 goals and 169 interconnected targets that represent a call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. However, halfway through the deadline to achieve them in 2030, we are very far from meeting these objectives. Investment is not flowing fast enough or at the scale needed to transform our climate, energy and food systems, eradicate poverty and put our economies on a more sustainable and inclusive path. The challenge is enormous and urgent, affecting both developed and emerging and developing economies. Private initiative is needed to achieve the SDGs, for millions of companies to get involved and, in doing so, secure their own future and that of the rest of society, according to Edie . Agenda for sustainability The SDGs cover a wide range of issues, from the eradication of poverty and hunger to gender equality, climate action, quality education and peace and justice. Each of these goals is designed to address the most pressing global challenges and move towards a more just, sustainable and equitable world. However, achieving them requires more than good will. In July last year, a group of academics reviewed the mathematics of achieving the SDGs. Their report, “The Investments Needed to Achieve the SDGs: An Overview,” puts the investments needed in clean energy and water resources at up to $1.9 trillion a year, while investments to curb the effects of climate change are at nearly 4 billion dollars a year.
The transformation of our energy and food systems, in particular, is enormously complex and depends on the farmers, entrepreneurs and companies that meet our needs as consumers. private initiative to achieve SDGs In this context, companies and investors can be powerful agents of change in achieving the SDGs. Today more than ever, a powerful commitment is required to accelerate actions to achieve the sustainable development goals. Governments can negotiate, legislate and regulate. They can offer subsidies to change behaviors. But ultimately the more equal and sustainable world we seek to achieve will depend on changes in behaviour, choices and decisions made by all members of society, including businesses and investors. Private initiative to achieve SDGs According Chile Mobile Number List to the International Monetary Fund, assets in global investment portfolios exceed $65 trillion. In contrast, many governments' finances are overwhelmed as a result of the COVID-19 pandemic and hyperinflation. This highlights the relevance of private investment in achieving the SDGs. A study carried out by the United Nations Global Compact, an initiative for corporate sustainability, in collaboration with the consulting firm Accenture, entitled "The United Nations Global Compact-Accenture SDG Stocktake: Through the eyes of the Private sector," provides valuable insights into the role of private initiative in achieving the SDGs. This study revealed that between 2015 and 2021, there was a significant increase in the number of times companies mentioned the SDGs in their financial reports, showing growing interest in these goals. However, after 2021, that attention decreased by 30%, suggesting a loss of interest.
Corporate efforts have not slowed: 81% of business leaders believe their company is doing enough to contribute to the SDGs. But looking more broadly, only 48% believe the private sector as a whole is doing enough. Move towards sustainable development Along the way, many corporate directors and managers have absorbed the growing body of evidence showing that companies with strong principles of social responsibility tend to prosper and survive longer. They understand that there is a promising future in providing solutions to solve energy and food crises. These factors explain why more than 18 thousand companies around the world, of all sizes, have joined the United Nations Global Compact to codify their contribution to achieving the SDGs. Business commitment to the SDGs One of the fundamental pillars of the private initiative to achieve the SDGs has been played by the United Nations Global Compact by encouraging companies to subscribe to the Ten Principles, which cover crucial areas such as human rights, labor practices, respect for environment and the fight against corruption. However, despite these commitments and efforts, progress towards achieving the SDGs has been characterized by slowness and, in some cases, setbacks. It is clear that an additional push is required, with an urgent call for companies around the world to take measurable, credible and ambitious action to achieve specific SDG goals. If you want to know the full set of the new web sustainability guidelines, you can do so here .For example, the company now openly publishes all salary bands so employees can see where they stand and the pay ranges for all new jobs posted. In parallel, it provides recruitment and workplace support for neurodivergent employees. After carrying out a progressive analysis of gender pay equity, it inaugurated a very aggressive program of promoting women to senior management positions, all of them long-term “people sustainability” strategies.
The transformation of our energy and food systems, in particular, is enormously complex and depends on the farmers, entrepreneurs and companies that meet our needs as consumers. private initiative to achieve SDGs In this context, companies and investors can be powerful agents of change in achieving the SDGs. Today more than ever, a powerful commitment is required to accelerate actions to achieve the sustainable development goals. Governments can negotiate, legislate and regulate. They can offer subsidies to change behaviors. But ultimately the more equal and sustainable world we seek to achieve will depend on changes in behaviour, choices and decisions made by all members of society, including businesses and investors. Private initiative to achieve SDGs According Chile Mobile Number List to the International Monetary Fund, assets in global investment portfolios exceed $65 trillion. In contrast, many governments' finances are overwhelmed as a result of the COVID-19 pandemic and hyperinflation. This highlights the relevance of private investment in achieving the SDGs. A study carried out by the United Nations Global Compact, an initiative for corporate sustainability, in collaboration with the consulting firm Accenture, entitled "The United Nations Global Compact-Accenture SDG Stocktake: Through the eyes of the Private sector," provides valuable insights into the role of private initiative in achieving the SDGs. This study revealed that between 2015 and 2021, there was a significant increase in the number of times companies mentioned the SDGs in their financial reports, showing growing interest in these goals. However, after 2021, that attention decreased by 30%, suggesting a loss of interest.
Corporate efforts have not slowed: 81% of business leaders believe their company is doing enough to contribute to the SDGs. But looking more broadly, only 48% believe the private sector as a whole is doing enough. Move towards sustainable development Along the way, many corporate directors and managers have absorbed the growing body of evidence showing that companies with strong principles of social responsibility tend to prosper and survive longer. They understand that there is a promising future in providing solutions to solve energy and food crises. These factors explain why more than 18 thousand companies around the world, of all sizes, have joined the United Nations Global Compact to codify their contribution to achieving the SDGs. Business commitment to the SDGs One of the fundamental pillars of the private initiative to achieve the SDGs has been played by the United Nations Global Compact by encouraging companies to subscribe to the Ten Principles, which cover crucial areas such as human rights, labor practices, respect for environment and the fight against corruption. However, despite these commitments and efforts, progress towards achieving the SDGs has been characterized by slowness and, in some cases, setbacks. It is clear that an additional push is required, with an urgent call for companies around the world to take measurable, credible and ambitious action to achieve specific SDG goals. If you want to know the full set of the new web sustainability guidelines, you can do so here .For example, the company now openly publishes all salary bands so employees can see where they stand and the pay ranges for all new jobs posted. In parallel, it provides recruitment and workplace support for neurodivergent employees. After carrying out a progressive analysis of gender pay equity, it inaugurated a very aggressive program of promoting women to senior management positions, all of them long-term “people sustainability” strategies.