SDG explained
The Sustainable Development Goals (SDGs) are adopted by the United Nations in 2015 as part of the 2030 Agenda for Sustainable Development. The 17 goals, together with the attributed 169 targets, form an action plan for people, the planet, and prosperity.
The 17 SDGs are interlinked, they recognize that action in one area will affect outcomes in others and that development must balance social, economic, and environmental sustainability. The creativity, know-how, technology, and financial resources from all of society are necessary to achieve the SDGs in every context.
The SDGs offer an opportunity for the businesses to shape, direct and communicate their SDG-related targets and activities. Through SDG alignment companies can:
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generate revenue, innovate and access new early-day markets for products and services in the field of sustainable development
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improve supply-chain resilience by factoring in supply-chain sustanability
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become more attractive to investors and talent
Organizations should assess and define priorities, turn priorities into actionable goals, align with the applicable SDGs, define KPIs to measure progress, maintain social responsibility programs and incorporate non-financial monitoring and reporting into their operations.
More information can be found on the United Nations website: https://sdgs.un.org/goals
