- Implementing a sustainability strategy has many advantages for a company, but the most important is to remain competitive in the long term.
- The Sustainability Initiative is based on three fundamental pillars: social, environmental and economic.
More details below.
What are the Sustainable Development Goals?
Sustainable Development Goals (SDGs) are about progress and achieving a company’s economic goals while paying attention to the environment and society. The Sustainable Development Strategy is characterized by its long-term nature. To systematize and encourage action by companies and countries, the United Nations (UN) introduced the Global Sustainable Development Initiative. The SDGs focus on five areas: people, planet, prosperity, peace and collaboration.
What are the Sustainable Development Goals?
nched in September 2015, the UN initiative includes the implementation of 17 goals and 169 actions. The plan is part of the 2030 Agenda, which sets out the key challenges of our time and indicates a strategic vision whatsapp number list for building a better world.
The seventeen Sustainable Development Goals are:
source: www.gov.pl
The Sustainable Development Goals created by the UN are long-term. Their implementation requires the commitment of national governments, international organizations, non-governmental organizations, the scientific and business sectors, as well as citizens.
Integrating Sustainable Development Goals into business strategy
Integrating the Sustainable Development Goals requires the implementation marketing strategy, or how to increase business opportunities of appropriate practices and standards in all aspects of company operations. Developing corporate social responsibility topics is not an easy task, so to increase your chances of taking effective action, it is worth exploring the idea in depth or hiring people with knowledge in the field. Experts can help you work on transforming your company towards sustainable energy management, community development, SDG compliance, social responsibility or ESG reports for which we have prepared a free download on our website.
Example of a Sustainable Development Goals implementation process:
- Evaluation and analysis
Identify key areas where the company can introduce changes to improve its gambler data venvironmental and social impact.
- Goal setting
Establish specific, measurable and realistic ESG objectives that the company wants to achieve.
Implement strategies and actions that lead to the achievement of the Sustainable Development Goals.
- Monitoring and reporting
Regularly measure progress and report results to ensure transparency and social responsibility, but also to provide the company with information on progress towards its objectives.
A key step in corporate sustainability is to analyse and assess a company’s capabilities. Acting in favour of responsible development without first preparing a business strategy can be counterproductive.
Main areas of action and advantages for companies
The main areas of action for companies in terms of sustainability can be divided into three main categories: environmental, social and economic objectives.
- In the case of environmental protection, the Sustainable Development Goals are:
Raise consumer awareness about climate change, resource efficiency, keeping emissions as low as possible, investing in solutions to improve efficiency, using renewable energy sources, recycling, using a closed-loop economy.
- To achieve Sustainability in the social sphere it is necessary:
create opportunities for the development of local communities and employees, ensure gender equality, promote sustainable consumption and production, offer quality work, ensure the safety and well-being of employees and promote diversity.
- The Economic Sustainability Initiative consists of investments aimed at:
create technological progress, make profits and grow the business ethically, relying on proven and responsible sources of financing.