Last week I was really pleased to attend the UN Global Compact Network UK annual summit #UNGCUKSummit24 , a forum for UK businesses to discuss practical ways to engage with and progress with the UN's Sustainable Development 2030 agenda.
Not only was this a brilliant opportunity to hear from the horses mouth (as it were) about the opportunities and challenges our OBAS clients are grappling with, it was also a great space to remind myself of those 17 goals that inspired me to write my masters dissertation, and indeed, to get in to the development sector and find my place at Oxfam.
One week on and I've now had some time to reflect on my key takeaways. And here they are...
🤑 1. *The importance of sustainability teams articulating the risks and opportunities of human rights agendas in terms of business value as well as compliance.*
In other words, identifying the business case that will make the board's eyes light up and, importantly, prioritise these actions over other things. Talking to colleagues, this seems to be a recurring theme but as a new kid on the block it gave me food for thought about how we communicate what we do and shape that service to meet our clients' needs. It was also good to hear about practical ways to do this for example by forming a working group of Finance / Procurement / HR / Sustainability, recognising the need for a joined up approach, from the business' perspective.
😵 2. "Analysis paralysis" - this was a phrase that was used a few times and is particularly pertinent in light of new legislation like the #CSDDD. There was a great session that looked at the reporting requirements from the perspective of SME suppliers, which highlighted that often big companies are asking for data that they don't know or don't have a plan for what to do with. Meanwhile (understandably) suppliers want to play to their strengths and highlight where they are supporting their customers to progress with certain SDGS and it's frustrating when the reporting limitations don't give them the chance to do this. I was particularly struck by one phrase regarding reporting "if you're doing it right, you should expect inconvenient answers." In other words, your data might show that you need to switch suppliers to hold true to your sustainability committments - that's an issue with the supplier, not the data itself!
🤗 3. *Overwhelmingly, mandatory human rights due diligence (mHRDD) is a welcome step forward.* For ESG teams, it provides them with a clear case for support in the board room. But the challenges of getting internal buy in across the organisation remain. When it comes to the social sustainability challenges of a business, people need to "know it, understand it and above all, feel it". The work continues for the, mostly small, teams dedicated to seeing their organisations push the bar on human rights.
4. I wish I'd had this lanyard when I was doing my dissertation. It would've made it a heck of a lot easier to remember all the SDGs 😂
Economic Development Strategist
5moI would like Dorian LPG to help us its extensive network to canvas int'l support for the deployment of this #CleanCooking project https://bit.ly/3XUZ4By that could help transition the remaining 2.3 billion people still using dirty fuels for cooking, to the use of LPG before the 2030 terminal date of the #SDGs #cleanenergy #energytransition #climateaction