SDG-Related Reporting
28 Pages Posted: 17 Apr 2021 Last revised: 18 May 2024
Date Written: May 18, 2024
Abstract
Delivery of the 17 Sustainable Development Goals (“SDGs”) in the 2030 Agenda for Sustainable Development should be important to businesses that realize that they will not be able to achieve sustainable success in a world of poverty, inequality, unrest and environmental stress. As such, companies should contribute to the SDGs by upholding recognized standards and principles on human rights, labor, the environment and anti-corruption and transparently reporting on their SDG-related priorities and efforts to investors and other stakeholders. At the level of a specific company, SDG reporting can serve as a valuable strategic tool for engaging stakeholders, supporting sustainable decision-making processes at all levels within a company, shaping business strategy, guiding innovation and driving better performance and value creation and opening up new sources of capital. There is no formal disclosure framework that has been specifically developed relating to business reporting on the SDGs; however, reference can and should be made to several useful and evolving guidance documents and related tools described in this paper.
Keywords: SDGs, reporting, sustainability
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