Leading businesses are taking steps to support the recently adopted Sustainable Development Goals
The UN Global Compact has applauded businesses that have committed to the 17 new Sustainable Development Goals (SDGs), for approaching them the same way they would business goals.
“We are encouraged that companies are setting targets that through their businesses positively affect SDGs,” says Ole Lund Hansen, chief of leadership programmes for the UN Global Compact. “For most companies, setting goals is widespread, and there is still a small but growing group that is applying the same process to sustainability goals. This helps everyone understand what the priorities are, and they can tie them to performance. We see that as extremely important; taking a professional approach to sustainable development.”
The SDGs were adopted on 25 September at a UN General Assembly plenary session. More than 300 CEOs, heads of state, UN and civil society leaders attended the session to discuss businesses’ role in implementing the SDGs, which apply to the period 2016-2030. The SDGs replace the Millennium Development Goals (MDGs), which were in place from 2000 to 2015. The aim of the SDGs, according to the UN Global Compact, is to “eradicate poverty and combine elements of economic, social and environmental action, including climate change”.