The document provides guidance for businesses on how to take action to support the UN Sustainable Development Goals (SDGs). It explains that the SDGs present opportunities for businesses to identify new markets through innovative solutions, enhance their sustainability efforts, strengthen stakeholder relations, and contribute to stable societies and markets. The five-step SDG Compass guide contained in the document is meant to help companies understand the SDGs, define priorities, set goals, integrate sustainability into their operations, and report on their progress. Respecting human rights and complying with all relevant laws and standards is seen as the baseline expectation for responsible business conduct.
[Salterbaxter Directions] Moving The Goal PostsMSL
Is your business goal-ready to move beyond 2020? Explore a new generation of emerging sustainability goals that are unlocking business returns and driving transformational change.
Traditional communication is giving way to innovative approaches and tools that are shaping a new kind of communication focused on people.
Corporate communication is transforming into a dialogue that promotes listening and learning due to the social changes accelerated by new technologies, stakeholders’ extensive experience of relations with companies, globalization and the opening of different markets.
Communication and reputation management are based currently on a positive promotion and need to be open to share its business experience, culture and projects. Now the aim is to create real connections and achieve explicit support by upholding causes that go beyond purely business and economic goals.
According to Interbrand, brand accounts for 38% of a company’s total value and it is important ton consider it as a key element that forms commitment and long-term attachment by stakeholders.
There are ten dimensions determine a brand’s strength and its position in the market and the society: relevance, authenticity, accessibility, differentiation, consistency, exposure, clarity, commitment, responsiveness and protection.
Companies need to understand that brands can transform and improve societies. But in order to achieve this level, organizations need to behave seriously, coherently and ethically to improve their reputational profile in the eyes of the society and their stakeholders.
To better understand how this affects communication, this document explains the case of Nestlé: Several years ago some brand attributes of the company started deteriorating because they were associated with some burning international problems, such as child labour and fair trade. This delivered a blow to the company’s reputation and urged the company to strengthen its leadership in the area, reinstating its positive and ethical association with nutrition.
Besides, the role of the Communications Director is acquiring increasingly strategic and holistic perspective which in practice means the following: more globalization and responsibility, more listening and transparency, more coordination and reputation, more development and adaptation.
Communication in its traditional form is no longer useful. Pure communication is not able to create a link with the stakeholders and influence the society. In order to achieve it, companies simply have to do what they say rather than talk about what they will do in future. Intangible assets, especially identity and reputation, allow companies to align the discourse and the project in a mutually beneficial dialogue. Values should not only be stated, but also practiced in everyday activities.
The adoption of the Sustainable Development Goals (SDGs) in 2015 has made a U-turn in how organizations and companies perceive a business model that has been used for almost three decades.
With a decade remaining to achieve the #SDGs, the UN Global Compact highlights the progress made by participating companies over the past twenty years.
GreenBiz 17 Tutorial Slides: "How Corporates are Aligning with the Sustainabl...GreenBiz Group
The Sustainable Development Goals define global priorities and aspirations for 2030. Where does your company strategy align with these global goals? Learn how the SDGs affect your business, and gain the tools and knowledge needed to maximize your company's contribution to the success of the SDGs.
GreenBiz 17 In-Depth Tutorials are intensive half-day sessions held prior to the start of the conference. These are designed to offer participants an opportunity to dive deeper into a topic of interest and develop tangible knowledge and skills. In addition, attendees will have a greater opportunity to network with their peers in these interactive sessions. Concurrent tutorials will be held the morning of Tuesday, February 14, and are available only to those who purchase an All Access Pass.
WBCSD - Business implications of the Sustainable Development Goals fveglio
The Sustainable Development Goals (SDGs) provide business with a powerful framework to translate global needs and ambitions into business solutions. They enable companies to better manage their risks and unlock opportunities. Radical transformation is required to deliver the Global Goals, allowing business to demonstrate leadership and apply its creativity to innovate for a more sustainable and inclusive future.
Business is not being asked to deliver the SDGs alone, but the goals will not be achieved without a significant contribution from the private sector. With our work programs we aim to provide meaningful avenues for our members to lead, transform and succeed on the journey to 2030.
[Salterbaxter Directions] Moving The Goal PostsMSL
Is your business goal-ready to move beyond 2020? Explore a new generation of emerging sustainability goals that are unlocking business returns and driving transformational change.
Traditional communication is giving way to innovative approaches and tools that are shaping a new kind of communication focused on people.
Corporate communication is transforming into a dialogue that promotes listening and learning due to the social changes accelerated by new technologies, stakeholders’ extensive experience of relations with companies, globalization and the opening of different markets.
Communication and reputation management are based currently on a positive promotion and need to be open to share its business experience, culture and projects. Now the aim is to create real connections and achieve explicit support by upholding causes that go beyond purely business and economic goals.
According to Interbrand, brand accounts for 38% of a company’s total value and it is important ton consider it as a key element that forms commitment and long-term attachment by stakeholders.
There are ten dimensions determine a brand’s strength and its position in the market and the society: relevance, authenticity, accessibility, differentiation, consistency, exposure, clarity, commitment, responsiveness and protection.
Companies need to understand that brands can transform and improve societies. But in order to achieve this level, organizations need to behave seriously, coherently and ethically to improve their reputational profile in the eyes of the society and their stakeholders.
To better understand how this affects communication, this document explains the case of Nestlé: Several years ago some brand attributes of the company started deteriorating because they were associated with some burning international problems, such as child labour and fair trade. This delivered a blow to the company’s reputation and urged the company to strengthen its leadership in the area, reinstating its positive and ethical association with nutrition.
Besides, the role of the Communications Director is acquiring increasingly strategic and holistic perspective which in practice means the following: more globalization and responsibility, more listening and transparency, more coordination and reputation, more development and adaptation.
Communication in its traditional form is no longer useful. Pure communication is not able to create a link with the stakeholders and influence the society. In order to achieve it, companies simply have to do what they say rather than talk about what they will do in future. Intangible assets, especially identity and reputation, allow companies to align the discourse and the project in a mutually beneficial dialogue. Values should not only be stated, but also practiced in everyday activities.
The adoption of the Sustainable Development Goals (SDGs) in 2015 has made a U-turn in how organizations and companies perceive a business model that has been used for almost three decades.
With a decade remaining to achieve the #SDGs, the UN Global Compact highlights the progress made by participating companies over the past twenty years.
GreenBiz 17 Tutorial Slides: "How Corporates are Aligning with the Sustainabl...GreenBiz Group
The Sustainable Development Goals define global priorities and aspirations for 2030. Where does your company strategy align with these global goals? Learn how the SDGs affect your business, and gain the tools and knowledge needed to maximize your company's contribution to the success of the SDGs.
GreenBiz 17 In-Depth Tutorials are intensive half-day sessions held prior to the start of the conference. These are designed to offer participants an opportunity to dive deeper into a topic of interest and develop tangible knowledge and skills. In addition, attendees will have a greater opportunity to network with their peers in these interactive sessions. Concurrent tutorials will be held the morning of Tuesday, February 14, and are available only to those who purchase an All Access Pass.
WBCSD - Business implications of the Sustainable Development Goals fveglio
The Sustainable Development Goals (SDGs) provide business with a powerful framework to translate global needs and ambitions into business solutions. They enable companies to better manage their risks and unlock opportunities. Radical transformation is required to deliver the Global Goals, allowing business to demonstrate leadership and apply its creativity to innovate for a more sustainable and inclusive future.
Business is not being asked to deliver the SDGs alone, but the goals will not be achieved without a significant contribution from the private sector. With our work programs we aim to provide meaningful avenues for our members to lead, transform and succeed on the journey to 2030.
Some Mistakes Regarding the Management of the SDGs | Albert Vilariño Alonso ...Albert Vilariño
Post published on Medium on 10/08/18.
https://medium.com/@albert.vilarino/some-mistakes-regarding-the-management-of-the-sdgs-and-sustainability-4b1da1e166b6
WBCSD presentation on business perspectives and impacts on the Millennium Dev...fveglio
Presentation by Matthew Lynch, Program Manager of the WBCSD’s Development Focus Area, examining the role of business in meeting the Millennium Development Goals (MDGs).
Contribuyendo con los Negocios Inclusivos a los Objetivos del Desarrollo Sost...Fundación CODESPA
Actualmente, y con la aprobación de los nuevos Objetivos de Desarrollo Sostenible, donde todos jugamos un papel importante, se requieren ideas innovadoras para poder construir un mundo más justo y menos desigual.
Desde CODESPA, creemos que algunas de estas ideas innovadoras pueden surgir a través de los negocios inclusivos, un puente perfecto que ayudará a satisfacer necesidades existentes entre las personas más vulnerables, involucrando a las empresas en la consecución de una sociedad más justa y equitativa.
WBCSD (The World Business Council for Sustainable Development) nos cuenta su experiencia de cómo los negocios inclusivos pueden acelerar el progreso y que alcancemos las metas de los ODS.
Aligning ESG with Corporate Strategy to Gain a Competitive Advantage - SG Ana...SG Analytics
From the sudden surge in the popularity of green finance to the pervasive impact of ESG factors on consumers and their purchasing decisions
Visit: https://us.sganalytics.com/blog/aligning-esg-with-corporate-strategy-to-gain-a-competitive-advantage/
This document aims to breaks through the typically governmental and policy feel of the SDGs to provide a more relevant business context. In doing so, it should help companies ask the right questions to understand what actions and initiatives can be taken to collaborate in achieving the goals.
It is very important to take a balanced view, i.e., consider where your company has both negative and positive impact. From there you can forge a strategy to tackle both areas. By taking this risks and opportunities approach, you will enable a more realistic analysis with which to secure the long-term future of your business.
For more information, contact us: hello@higher-order-strategy.org
Tools, techniques and strategies for understanding, measuring and communicating impact. 19th-20th June 2018, London. This two-day conference will highlight the latest methods being applied by business to measure the impact of their sustainability programs. We’ll discuss and debate the pros and cons of the different tools and techniques available, whilst assessing what has really worked for companies in practice.
Purpose Up - Doubling down in tough times by Barkley + JefferiesBarkley
Now is not the time to shrink back on sustainability and ESG criteria, it is time to double down with focus and clarity. These are the findings from our third annual report Purpose Up | Doubling Down in Tough Times, a joint research study with Jefferies.
ESG & Impact Investing: Navigating the EssentialsJedrick Theron
A report that will help readers navigate the world of ESG and Impact Investing. It will help readers with coming to an understanding of development finance institutions, the benefits of ESG in investing and company management and how best to implement ESG and impact investing into practice.
The 2019 edition of the Global Innovation Index (GII) focuses
on the theme Creating Healthy Lives—The Future of Medical
Innovation. In the years to come, medical innovations such
as artificial intelligence (AI), genomics, and mobile health
applications will transform the delivery of healthcare in both
developed and emerging nations.
The key questions addressed in this edition of the GII include:
• What is the potential impact of medical innovation on
society and economic growth, and what obstacles must
be overcome to reach that potential?
• How is the global landscape for research and development
(R&D) and medical innovation changing?
• What health challenges do future innovations need to address
and what types of breakthroughs are on the horizon?
• What are the main opportunities and obstacles to future
medical innovation and what role might new policies play?
Transforming the Swiss economy The impact of automation on employment and ind...Lausanne Montreux Congress
An excellent document !
The positive effects of automation on the Swiss labour market did not only dominate in the past, they are likely to do so in the future as well. Automation is having a differing impact on individual industries of the Swiss economy, however. Agriculture and forestry have the highest proportion of employees in jobs with a high likelihood of automation (76%), while the public administration, health and social services (17%), and information and communication sectors (19%) are the least likely to see jobs being automated. Increasing automation brings considerable advantages for companies. It enables production processes to be optimised, for example, or costs to be cut.
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Presentation by Matthew Lynch, Program Manager of the WBCSD’s Development Focus Area, examining the role of business in meeting the Millennium Development Goals (MDGs).
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Actualmente, y con la aprobación de los nuevos Objetivos de Desarrollo Sostenible, donde todos jugamos un papel importante, se requieren ideas innovadoras para poder construir un mundo más justo y menos desigual.
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WBCSD (The World Business Council for Sustainable Development) nos cuenta su experiencia de cómo los negocios inclusivos pueden acelerar el progreso y que alcancemos las metas de los ODS.
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From the sudden surge in the popularity of green finance to the pervasive impact of ESG factors on consumers and their purchasing decisions
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This document aims to breaks through the typically governmental and policy feel of the SDGs to provide a more relevant business context. In doing so, it should help companies ask the right questions to understand what actions and initiatives can be taken to collaborate in achieving the goals.
It is very important to take a balanced view, i.e., consider where your company has both negative and positive impact. From there you can forge a strategy to tackle both areas. By taking this risks and opportunities approach, you will enable a more realistic analysis with which to secure the long-term future of your business.
For more information, contact us: hello@higher-order-strategy.org
Tools, techniques and strategies for understanding, measuring and communicating impact. 19th-20th June 2018, London. This two-day conference will highlight the latest methods being applied by business to measure the impact of their sustainability programs. We’ll discuss and debate the pros and cons of the different tools and techniques available, whilst assessing what has really worked for companies in practice.
Purpose Up - Doubling down in tough times by Barkley + JefferiesBarkley
Now is not the time to shrink back on sustainability and ESG criteria, it is time to double down with focus and clarity. These are the findings from our third annual report Purpose Up | Doubling Down in Tough Times, a joint research study with Jefferies.
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The 2019 edition of the Global Innovation Index (GII) focuses
on the theme Creating Healthy Lives—The Future of Medical
Innovation. In the years to come, medical innovations such
as artificial intelligence (AI), genomics, and mobile health
applications will transform the delivery of healthcare in both
developed and emerging nations.
The key questions addressed in this edition of the GII include:
• What is the potential impact of medical innovation on
society and economic growth, and what obstacles must
be overcome to reach that potential?
• How is the global landscape for research and development
(R&D) and medical innovation changing?
• What health challenges do future innovations need to address
and what types of breakthroughs are on the horizon?
• What are the main opportunities and obstacles to future
medical innovation and what role might new policies play?
Transforming the Swiss economy The impact of automation on employment and ind...Lausanne Montreux Congress
An excellent document !
The positive effects of automation on the Swiss labour market did not only dominate in the past, they are likely to do so in the future as well. Automation is having a differing impact on individual industries of the Swiss economy, however. Agriculture and forestry have the highest proportion of employees in jobs with a high likelihood of automation (76%), while the public administration, health and social services (17%), and information and communication sectors (19%) are the least likely to see jobs being automated. Increasing automation brings considerable advantages for companies. It enables production processes to be optimised, for example, or costs to be cut.
This is the 7th World Happiness Report. The first was released in April 2012 in support of a UN High level meeting on “Wel lbeing and Happiness: Defining a New Economic Paradigm”. That report presented the available global data on national
happiness and reviewed related evidence from the emerging science of happiness, showing that the quality of people’s lives can be coherently, reliably, and validly assessed by a variety of subjective well-being measures, collectively referred to then
and in subsequent reports as “happiness.” Each report includes updated evaluations and a range of commissioned chapters on special topics digging deeper into the science of well-being, and
on happiness in specific countries and regions.
Often there is a central theme. This year we focus on happiness and community: how happiness has been changing over the past dozen years, and how information technology, governance and social norms influence communities. The world is a rapidly changing place.
THE STATE OF Event Sponsorship- Defining event sponsorship in 2019 and strategic research on the trends.
This report is for sponsorship decision-makers. In it, you’ll find the necessary information to create more effective sponsorship opportunities. The goal is for you to generate greater revenue for the event and improve the ROI for your sponsors. This mutually beneficial relationship should grow in the years to come.
Tourism and the Sharing Economy: Policy & Potential of Sustainable Peer-to-Pe...Lausanne Montreux Congress
This report focuses on one disruptive force in the tourism industry: the emergence of peer-to-peer (P2P) accommodation. P2P accommodation occurs when individuals off er, in exchange for money, a room or an entire house for short-term accommodation. The rapid growth of this new product is shaking up the hotel industry and creating a new way to travel and interact with a destination and its community. The objectives of this report are to investigate the opportunities and challenges that P2P provides in developed and emerging destinations and to off er a set of recommendations to better use this new business model for sustainable and inclusive tourism. The report also sketches a research agenda for the near future. This report is written for destination managers,
policymakers, and World Bank Group staff involved in the design and management of tourism operations. It is based on desk research, interviews with digital platform managers, and an in-depth study of the case of Jamaica.
Tourism for Development "20 reasons Sustainable tourism counts for developmentLausanne Montreux Congress
This report aims to raise awareness of sustainable tourism as a powerful and effective tool for development, leveraging the momentum generated by the United Nations designating 2017 as the International Year of “Sustainable Tourism for Development”.
The trends show more events of every size. Whether your meeting is for 20 or 2,000, this report aims to be your guide for getting maximum return on investment, attendee engagement and value creation. There’s a palpable buzz around the technology that feeds into enhancing delegate experience, data
capture and simpler logistics. Online booking tools for venues and group transport are set to boom in 2019, while almost half
of you are taking advantage of CWT Meetings & Events' expertise in strategic meetings management (SMM).
This is the eighth annual Global Meetings and Events Forecast of AMEX.
Just ten years ago, the meetings industry experienced a dramatic slowdown. What we see today is an environment where meetings are thriving, and incentives have not just come back, but continue to grow. More importantly, meetings are playing a central role in the revenue and brand equations for corporations and associations.
From a global perspective, we are seeing a trend toward localization, with customers operating global programs that have an increasing recognition of the reality that business happens locally. There seems to be a greater desire to add flexibility to global programs, recognizing country-specific needs and the dynamics necessary to drive program adoption.
This trend does not mean that organizations are moving away from the need for overarching program insight and management of spend; rather, this localization is tied to the desire to improve the adoption of global programs and further consolidate spend.
Another sign of the thriving environment is the sense of increased competition. The meetings and events industry and, more broadly, the hospitality industry have been part of significant investment and merger and acquisition activity over the past 24 months. The new investments and supplier consolidation have created a more competitive environment, as providers seek to expand their global share. This has also resulted in suppliers making investments to expand their global footprint. The shifting supplier landscape has included new investments in direct booking capabilities through the websites of major brands, expanding the potential reach to small meetings. Electronic sourcing continues to be a dynamic area of the Meetings & Events industry, with more innovation expected and new solutions being developed to facilitate the efficient management of the small meeting segment.
On 1 January 2016, the world officially began implementation
of the 2030 Agenda for Sustainable Development—the
transformative plan of action based on 17 Sustainable
Development Goals—to address urgent global challenges
over the next 15 years.
This agenda is a road map for people and the planet that will
build on the success of the Millennium Development Goals
and ensure sustainable social and economic progress worldwide.
It seeks not only to eradicate extreme poverty, but also
to integrate and balance the three dimensions of sustainable
development—economic, social and environmental—in a
comprehensive global vision.
What does 2015 hold for travel management? As the
latest survey* from Carlson Wagonlit Travel (CWT) shows,
travel and meetings and events professionals have their
fingers on the pulse of industry trends and intend to
prioritize action in every area of the managed travel
process. This report presents the top trends and priorities
revealed in the survey, organized around five steps of
the travel continuum.
Within our own business, we are seeing growth in meetings activity across regions and client organizations, driven by a
trend toward corporate consolidation of meetings spend and global expansion of managed meetings programs. However, from a broader perspective, we are seeing some hesitancy in our industry. While this sentiment has yet to have a meaningful impact, we do expect this shift may result in some slowdown in the growth we have witnessed over the last couple of years.
Our survey respondents have indicated overarching program spend will likely be similar to 2016, but overall activity,
including number of meetings or number of attendees per meeting, may see a decline. But surprises might pave the way for 2017; especially in the technology domain.
In this third annual ‘state of the industry’ report, we surveyed over 800 event professionals across conferences, exhibitions, festivals, gigs, classes, endurance races, and everything in between. The organisers who took part were professional event
organisers, charities, freelancers, small-to-medium businesses and larger enterprises.
A great paper on the use and potential of APPs in the domain of events for 2017. A 5 years market' analysis. Tech, user experience, market, App adoption, its role and impact on your events and the ROI
In the last two years since the publication of the previous
edition of the Travel & Tourism Competitiveness Report,
the framework conditions for the Travel and Tourism
(T&T) sector have changed significantly. The world has
been facing geopolitical tensions from the Middle East
and Ukraine to South-East Asia, growing terrorism
threats and fear of the spread of global pandemics.
Should they persist, these global challenges could have
significant further repercussions on the T&T industry, as they touch on the pre-condition for the sector
to grow and develop—the ability of people to travel
safely.
The World Economic Forum has, for the past nine
years, engaged key industry and thought leaders through
its Aviation & Travel Industry Partnership Programme,
along with its Global Agenda Council on the Future of
Travel & Tourism, to carry out an in-depth analysis of the
T&T competitiveness of economies around the world.
The resulting Travel & Tourism Competitiveness Report
provides a platform for multistakeholder dialogue with the objective of achieving a strong and sustainable
T&T industry capable of contributing effectively to
international economic development.
At the core of the Report is the sixth edition of the
Travel & Tourism Competitiveness Index (TTCI). The aim
of the TTCI, which covers a record 141 economies this
year, is to provide a comprehensive strategic tool for
measuring the “the set of factors and policies that enable
the sustainable development of the Travel & Tourism
sector, which in turn, contributes to the development
and competitiveness of a country.”
This is a handbook for businesses and other stakeholders that value social responsibility, economic growth and healthy business environments. These crucial issues in the present world cannot be solved by a company or government in isolation, and should be addressed as a pervasive concern that every participant in the global economy needs to tackle. It is with such a view that EBAC introduces the Responsible Business 2.0 model in this handbook, and aligns this framework with the goals in order to achieve a global, inclusive and sustainable development
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The End of Adventure? is the first of five Consumer Lifestyle Trends which together form the core of the Lifestyle
Trends & Tourism Report – a comprehensive research project that provides a future-facing summary of the most
important consumer changes impacting travel to Europe, particularly from the key markets of China, Brazil, the
USA and Canada.
Whilst the report is intended to form one cohesive body of work – including an opening chapter on contextual drivers –
each individual Trend Chapter offers its own data analysis, qualitative research, case studies of how changes are being
leveraged within the travel industry, and recommendations for how NTOs and destination marketers should respond.
Carrots Sticks Global trends in sustainability reporting regulation and polic...Lausanne Montreux Congress
Last year, 2015, was a milestone for sustainability with
crucial and unprecedented agreements by the international
community, including the Sustainable Development Goals
(SDGs)1 and the Paris Agreement on climate change action.
The year 2016 now calls for translating these achievements
into action to achieve the 2030 Agenda for Sustainable
Development.
SCIENCE, TECHNOLOGY AND INNOVATION FOR SUSTAINABLE DEVELOPMENT IN ASIA AND TH...Lausanne Montreux Congress
Investment in science, technology and innovation (STI) needs to be the backbone of productivity-led economic
recovery and sustainable development. Despite significant increases in productivity over the past few decades,
economic growth in developing economies of Asia and the Pacific has been primarily driven by factor
accumulation. However, the average rate of productivity growth slowed between the periods 2000-2007 and
2008-2014 by 65 per cent, which has contributed to the current economic slowdown, potentially undermining
efforts to effectively pursue the 2030 Agenda for Sustainable Development.
Characterization and the Kinetics of drying at the drying oven and with micro...Open Access Research Paper
The objective of this work is to contribute to valorization de Nephelium lappaceum by the characterization of kinetics of drying of seeds of Nephelium lappaceum. The seeds were dehydrated until a constant mass respectively in a drying oven and a microwawe oven. The temperatures and the powers of drying are respectively: 50, 60 and 70°C and 140, 280 and 420 W. The results show that the curves of drying of seeds of Nephelium lappaceum do not present a phase of constant kinetics. The coefficients of diffusion vary between 2.09.10-8 to 2.98. 10-8m-2/s in the interval of 50°C at 70°C and between 4.83×10-07 at 9.04×10-07 m-8/s for the powers going of 140 W with 420 W the relation between Arrhenius and a value of energy of activation of 16.49 kJ. mol-1 expressed the effect of the temperature on effective diffusivity.
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Venturesgreendigital
Willie Nelson is a name that resonates within the world of music and entertainment. Known for his unique voice, and masterful guitar skills. and an extraordinary career spanning several decades. Nelson has become a legend in the country music scene. But, his influence extends far beyond the realm of music. with ventures in acting, writing, activism, and business. This comprehensive article delves into Willie Nelson net worth. exploring the various facets of his career that have contributed to his large fortune.
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Introduction
Willie Nelson net worth is a testament to his enduring influence and success in many fields. Born on April 29, 1933, in Abbott, Texas. Nelson's journey from a humble beginning to becoming one of the most iconic figures in American music is nothing short of inspirational. His net worth, which estimated to be around $25 million as of 2024. reflects a career that is as diverse as it is prolific.
Early Life and Musical Beginnings
Humble Origins
Willie Hugh Nelson was born during the Great Depression. a time of significant economic hardship in the United States. Raised by his grandparents. Nelson found solace and inspiration in music from an early age. His grandmother taught him to play the guitar. setting the stage for what would become an illustrious career.
First Steps in Music
Nelson's initial foray into the music industry was fraught with challenges. He moved to Nashville, Tennessee, to pursue his dreams, but success did not come . Working as a songwriter, Nelson penned hits for other artists. which helped him gain a foothold in the competitive music scene. His songwriting skills contributed to his early earnings. laying the foundation for his net worth.
Rise to Stardom
Breakthrough Albums
The 1970s marked a turning point in Willie Nelson's career. His albums "Shotgun Willie" (1973), "Red Headed Stranger" (1975). and "Stardust" (1978) received critical acclaim and commercial success. These albums not only solidified his position in the country music genre. but also introduced his music to a broader audience. The success of these albums played a crucial role in boosting Willie Nelson net worth.
Iconic Songs
Willie Nelson net worth is also attributed to his extensive catalog of hit songs. Tracks like "Blue Eyes Crying in the Rain," "On the Road Again," and "Always on My Mind" have become timeless classics. These songs have not only earned Nelson large royalties but have also ensured his continued relevance in the music industry.
Acting and Film Career
Hollywood Ventures
In addition to his music career, Willie Nelson has also made a mark in Hollywood. His distinctive personality and on-screen presence have landed him roles in several films and television shows. Notable appearances include roles in "The Electric Horseman" (1979), "Honeysuckle Rose" (1980), and "Barbarosa" (1982). These acting gigs have added a significant amount to Willie Nelson net worth.
Television Appearances
Nelson's char
WRI’s brand new “Food Service Playbook for Promoting Sustainable Food Choices” gives food service operators the very latest strategies for creating dining environments that empower consumers to choose sustainable, plant-rich dishes. This research builds off our first guide for food service, now with industry experience and insights from nearly 350 academic trials.
Artificial Reefs by Kuddle Life Foundation - May 2024punit537210
Situated in Pondicherry, India, Kuddle Life Foundation is a charitable, non-profit and non-governmental organization (NGO) dedicated to improving the living standards of coastal communities and simultaneously placing a strong emphasis on the protection of marine ecosystems.
One of the key areas we work in is Artificial Reefs. This presentation captures our journey so far and our learnings. We hope you get as excited about marine conservation and artificial reefs as we are.
Please visit our website: https://kuddlelife.org
Our Instagram channel:
@kuddlelifefoundation
Our Linkedin Page:
https://www.linkedin.com/company/kuddlelifefoundation/
and write to us if you have any questions:
info@kuddlelife.org
UNDERSTANDING WHAT GREEN WASHING IS!.pdfJulietMogola
Many companies today use green washing to lure the public into thinking they are conserving the environment but in real sense they are doing more harm. There have been such several cases from very big companies here in Kenya and also globally. This ranges from various sectors from manufacturing and goes to consumer products. Educating people on greenwashing will enable people to make better choices based on their analysis and not on what they see on marketing sites.
Natural farming @ Dr. Siddhartha S. Jena.pptxsidjena70
A brief about organic farming/ Natural farming/ Zero budget natural farming/ Subash Palekar Natural farming which keeps us and environment safe and healthy. Next gen Agricultural practices of chemical free farming.
Sustainability development: Guide for Business actions
1. The guide for business
action on the SDGs
TM
Developed by:
2. Our planet faces massive economic,
social and environmental challenges.
To combat these, the Sustainable
Development Goals (SDGs) define global
priorities and aspirations for 2030. They
represent an unprecedented opportunity
to eliminate extreme poverty and put the
world on a sustainable path.
Governments worldwide have already
agreed to these goals. Now it is time for
business to take action.
The SDG Compass explains how the SDGs
affect your business – offering you the
tools and knowledge to put sustainability
at the heart of your strategy.
The Sustainable Development Goals (SDGs)
3. Page
Step 01
Understanding
the SDGs
Step 02
Defining
priorities
Step 03
Setting
goals
Step 04
Integrating
Step 05
Reporting and
communicating
6
What are the SDGs? 7
Understanding the business case 8
The baseline responsibilities for business 10
Why do the SDGs matter for business? 4
What is the SDG Compass? 5
11
Map the value chain to identify impact areas 12
Select indicators and collect data 14
Define priorities 15
16
Define scope of goals and select KPIs 17
Define baseline and select goal type 18
Set level of ambition 18
Announce commitment to SDGs 20
25
Effective reporting and communication 27
Communicating on SDG performance 28
21
Anchoring sustainability goals
within the business 22
Embed sustainability across all functions 23
Engage in partnerships 24
Executive
summary
3SDG Compass www.sdgcompass.org
What’s inside?
4. Why do the SDGs matter for business?
4 SDG Compasswww.sdgcompass.org
Executive summary
The Sustainable Development Goals (SDGs)
define global sustainable development priorities
and aspirations for 2030 and seek to mobilize
global efforts around a common set of goals
and targets. The SDGs call for worldwide
action among governments, business and civil
society to end poverty and create a life of dignity
and opportunity for all, within the boundaries
of the planet.
Unlike their predecessor, the Millennium Development
Goals, the SDGs explicitly call on all businesses to
apply their creativity and innovation to solve sustainable
development challenges. The SDGs have been agreed
by all governments, yet their success relies heavily on
action and collaboration by all actors.
The SDGs present an opportunity for business-led
solutions and technologies to be developed and
implemented to address the world’s biggest sustainable
development challenges.
As the SDGs form the global agenda for the
development of our societies, they will allow leading
companies to demonstrate how their business helps to
advance sustainable development, both by minimizing
negative impacts and maximizing positive impacts on
people and the planet.
Covering a wide spectrum of sustainable development
topics relevant to companies – such as poverty,
health, education, climate change and environmental
degradation – the SDGs can help to connect business
strategies with global priorities. Companies can use
the SDGs as an overarching framework to shape, steer,
communicate and report their strategies, goals and
activities, allowing them to capitalize on a range of
benefits such as:
Identifying future business opportunities
The SDGs aim to redirect global public and private
investment flows towards the challenges they
represent. In doing so they define growing markets
for companies that can deliver innovative solutions
and transformative change.
Enhancing the value of corporate sustainability
Whilst the business case for corporate sustainability
is already well established, the SDGs may for example
strengthen the economic incentives for companies to
use resources more efficiently, or to switch to more
sustainable alternatives, as externalities become
increasingly internalized.
Strengthening stakeholder relations and
keeping the pace with policy developments
The SDGs reflect stakeholder expectations as well as
future policy direction at the international, national and
regional levels. Companies that align their priorities with
the SDGs can strengthen engagement of customers,
employees and other stakeholders, and those that don’t
will be exposed to growing legal and reputational risks.
Stabilizing societies and markets
Business cannot succeed in societies that fail.
Investing in the achievement of the SDGs supports
pillars of business success, including the existence of
rules-based markets, transparent financial systems,
and non-corrupt and well-governed institutions.
Using a common language and shared purpose
The SDGs define a common framework of action and
language that will help companies communicate more
consistently and effectively with stakeholders about
their impact and performance. The goals will help bring
together synergistic partners to address the world’s
most urgent societal challenges.
Business is a vital partner
in achieving the Sustainable
Development Goals. Companies
can contribute through their core
activities, and we ask companies
everywhere to assess their
impact, set ambitious goals and
communicate transparently
about the results.
Ban Ki-moon,
United Nations
Secretary-General
5. 5SDG Compass www.sdgcompass.org
The objective of the SDG Compass is to guide
companies on how they can align their strategies
as well as measure and manage their contribution
to the SDGs.
The guide presents five steps that assist companies
in maximizing their contribution to the SDGs.
Companies can apply the five steps to set or align
their course, depending on where they are on the
journey of ensuring that sustainability is an outcome
of core business strategy.
The five steps of the SDG Compass rest on the
recognition of the responsibility of all companies to
comply with all relevant legislation, respect international
minimum standards and address as a priority all
negative human rights impacts.
The SDG Compass is developed with a focus on large
multinational enterprises. Small and medium enterprises
and other organizations are also encouraged to use it
as a source of inspiration and adapt as necessary. It is
also designed for use at entity level, but may be applied
at product, site, divisional or regional level as required.
The SDG Compass guide is organized into sections
that address each of the five steps of the guide:
01 Understanding the SDGs
As a first step, companies are assisted in familiarizing
themselves with the SDGs.
02 Defining priorities
To seize the most important business opportunities
presented by the SDGs and reduce risks, companies
are encouraged to define their priorities based
on an assessment of their positive and negative,
current and potential impact on the SDGs across
their value chains.
03 Setting goals
Goal setting is critical to business success and helps
foster shared priorities and better performance
across the organization. By aligning company goals
with the SDGs, the leadership can demonstrate its
commitment to sustainable development.
04 Integrating
Integrating sustainability into the core business
and governance, and embedding sustainable
development targets across all functions within the
company, is key to achieving set goals. To pursue
shared objectives or address systemic challenges,
companies increasingly engage in partnerships
across the value chain, within their sector or with
governments and civil society organizations.
05 Reporting and communicating
The SDGs enable companies to report information
on sustainable development performance using
common indicators and a shared set of priorities.
The SDG Compass encourages companies to build
the SDGs into their communication and reporting
with stakeholders.
What is the SDG Compass?
6. Step 01
Understanding
the SDGs
6 SDG Compasswww.sdgcompass.org
The SDGs call on companies
everywhere to advance sustainable
development through the investments
they make, the solutions they
develop, and the business practices
they adopt. In doing so, the goals
encourage companies to reduce their
negative impacts while enhancing
their positive contribution to the
sustainable development agenda.
The degree and speed with which
companies around the world develop
more sustainable and inclusive
business models will play a large
role in the success of achieving
the SDGs. In turn, all companies
are impacted by the challenges
that the SDGs address.
In this step we will explore what
the SDGs are, how they came about,
how companies can use them to
their benefit, and how they build on
existing business responsibilities by
covering the following areas:
What are the SDGs? 7
Understanding
the business case 8
The baseline responsibilities
for business 10
As a first step, it’s important to familiarize
yourself with the SDGs and understand
the opportunities and responsibilities they
represent to your business.
7. Each goal offers several
specific and actionable
targets. To find out more visit:
www.sdgcompass.org
Designed for global action: Between 2000 and
2015, the Millennium Development Goals (MDGs)
provided an important development framework
and achieved success in a number of areas such
as reducing poverty and improving health and
education in developing countries.
The SDGs succeed the MDGs, expanding the
challenges that must be addressed to eliminate
poverty and embracing a wide range of inter-connected
topics across the economic, social and environmental
dimensions of sustainable development.
The SDGs were born out of what is arguably the most
inclusive process in the history of the United Nations,
reflecting substantive input from all sectors of society
and all parts of the world. Through the UN Global
Compact alone, more than 1,500 companies provided
input and guidance.
The goals are universally applicable in developing and
developed countries alike. Governments are expected
to translate them into national action plans, policies and
initiatives, reflecting the different realities and capacities
their countries possess.
While they primarily target governments, the SDGs
are designed to rally a wide range of organizations,
and shape priorities and aspirations for sustainable
development efforts around a common framework.
Most importantly, the SDGs recognize the key role
that business can and must play in achieving them.
Goal 1 End poverty in all its forms everywhere
Goal 2 End hunger, achieve food security and
improved nutrition and promote sustainable
agriculture
Goal 3 Ensure healthy lives and promote well-being
for all at all ages
Goal 4 Ensure inclusive and equitable quality
education and promote lifelong learning
opportunities for all
Goal 5 Achieve gender equality and empower
all women and girls
Goal 6 Ensure availability and sustainable
management of water and sanitation for all
Goal 7 Ensure access to affordable, reliable,
sustainable and modern energy for all
Goal 8 Promote sustained, inclusive and sustainable
economic growth, full and productive
employment and decent work for all
Goal 9 Build resilient infrastructure, promote
inclusive and sustainable industrialization
and foster innovation
Goal 10 Reduce inequality within and among countries
Goal 11 Make cities and human settlements
inclusive, safe, resilient and sustainable
Goal 12 Ensure sustainable consumption
and production patterns
Goal 13 Take urgent action to combat
climate change and its impacts
Goal 14 Conserve and sustainably use the
oceans, seas and marine resources
for sustainable development
Goal 15 Protect, restore and promote sustainable
use of terrestrial ecosystems, sustainably
manage forests, combat desertification,
and halt and reverse land degradation and
halt biodiversity loss
Goal 16 Promote peaceful and inclusive societies for
sustainable development, provide access to
justice for all and build effective, accountable
and inclusive institutions at all levels
Goal 17 Strengthen the means of implementation
and revitalize the global partnership for
sustainable development
7SDG Compass www.sdgcompass.org
What are the SDGs?
8. Step 01
Understanding
the SDGs
By developing and delivering solutions for the
achievement of the SDGs, companies will discover
new growth opportunities and lower their
risk profiles. Companies can use the SDGs
as an overarching framework to shape, steer,
communicate and report their strategies, goals
and activities, allowing them to capitalize on a
range of benefits. These include:
Identifying future business opportunities
Global sustainable development challenges already
represent market opportunities for those companies
able to develop and deliver innovative and effective
solutions, including:
–– Innovative technologies to increase energy
efficiency, renewable energy, energy storage,
‘green buildings’ and sustainable transportation;
–– The substitution of traditionally manufactured and
processed products by ICT and other technology
solutions that reduce emissions and waste;
–– Meeting the needs of the large and mostly
untapped market for products and services –
including in healthcare, education, energy, finance
and ICT – that can improve the lives of the four
billion people who currently live in poverty.
The SDGs aim to redirect global public and private
investment flows towards the challenges they
represent. This will further grow markets and
ease access to capital for companies that can
offer relevant technologies and solutions through
sustainable and inclusive business models.
Enhancing the value of
corporate sustainability
The business case for corporate sustainability
is well established. By integrating sustainability
considerations across the value chain, companies
can protect and create value for themselves by, for
example, increasing sales, developing new market
segments, strengthening the brand, improving
operational efficiency, stimulating product innovation
and reducing employee turnover.
Global efforts by governments and others to deliver
the SDGs will further strengthen financial value
drivers of corporate sustainability, including:
–– The introduction of taxes, fines and other pricing
mechanisms to make current externalities
become internalized to the business. This will
further strengthen economic incentives for
companies to use resources more efficiently
or to switch to more sustainable alternatives.
–– Younger generations in particular value
responsible and inclusive business practices,
and sustainability performance is emerging
as an important factor in the ‘war for talent’.
Employee morale, engagement and productivity
may further strengthen within companies that
take action to advance the SDGs.
–– Around the world, consumers are increasingly
basing their purchasing decisions on their
perception of a company’s sustainability
performance, and the SDGs may further
strengthen this trend.
Understanding the business case
8 SDG Compasswww.sdgcompass.org
9. Strengthening stakeholder relations and
keeping pace with policy developments
The SDGs reflect stakeholder expectations as
well as future policy direction at the international,
national and regional levels. Companies that align
their priorities with the SDGs can better engage with
customers, employees and other stakeholders, with
those that don’t being exposed to growing legal and
reputational risks.
Companies that help advance the SDGs will be
likely to:
–– Improve trust among stakeholders;
–– Strengthen their license to operate;
–– Reduce legal, reputational and other
business risks;
–– Build resilience to costs or requirements imposed
by future legislation.
Stabilizing societies and markets
Business cannot succeed in societies that fail.
Investing in the achievement of the SDGs supports
pillars of business success.
Successful implementation of the SDGs will help to:
–– Lift billions of people out of poverty, thereby
growing consumer markets around the world;
–– Strengthen education, thereby fostering more
skilled and engaged employees;
–– Make progress on gender equality and
women empowerment, thereby creating a
‘virtual emerging market’ equivalent in size
and purchasing power to that of China’s and
India’s populations;
–– Ensure that the global economy operates safely
within the capacity of the planet to supply
essential resources such as water, fertile soil,
metals and minerals, thereby sustaining the
natural resources that companies depend on
for production;
–– Foster accountable and well-governed institutions
as well as open and rule-based trading and
financial systems, thereby reducing the costs
and risks of doing business.
Using a common language
and shared purpose
The SDGs define a common framework of
action and language that will help companies
communicate more consistently and effectively with
stakeholders about their impact and performance.
Because they provide a unified sense of priorities
and purpose across all dimensions of sustainable
development, the SDGs may also assist in the
creation of more effective partnerships with
governments, civil society organizations and
other companies.
Transforming our world:
The 2030 agenda for
sustainable development
Article 67 agreed to by all 193 UN Member States:
‘Private business activity, investment and
innovation are major drivers of productivity,
inclusive economic growth and job creation.
We acknowledge the diversity of the private
sector, ranging from micro enterprises
to cooperatives to multinationals. We call
on all businesses to apply their creativity
and innovation to solving sustainable
development challenges.’
9SDG Compass www.sdgcompass.org
10. Step 01
Understanding
the SDGs
The SDG Compass rests on the recognition of
the responsibility of all companies – regardless
of their size, sector or where they operate –
to comply with all relevant legislation,
uphold internationally recognized minimum
standards and to respect universal rights.
As embedded in the human rights Principles of the
UN Global Compact and reaffirmed and elaborated
by the UN Guiding Principles on Business and Human
Rights, respecting human rights is distinct from a
company’s effort to support or promote human rights.
It is a baseline expectation of all companies that they
avoid infringing on human rights, and that they address
any harms with which they are involved either through
their own activities or as a result of their business
relationships. This responsibility cannot be offset
by any effort to promote human rights or advance
sustainable development.
According to the UN Guiding Principles, it should
always be a priority for a company to address all
adverse human rights impacts associated with its
operations and value chain. Where companies need to
prioritize the order in which they address these issues,
the UN Guiding Principles make clear that they should
do so based first and foremost on the severity of the
potential adverse impacts – in other words, how grave
these impacts would be, how widespread, and how
hard to remedy.
Priority should be given to adverse human rights
impacts or risk, regardless of the potential cost
or benefit to the business. Nevertheless, there
is increasing evidence that risks to human rights
frequently converge with risks to business and that
this convergence is particularly strong where the
most severe human rights impacts are concerned.
Existing normative
frameworks, principles
and guidelines
Over the last several decades, ongoing dialogue
among businesses, governments, civil society
and thought leaders has shaped international
frameworks, principles and guidelines for responsible
and ethical business conduct.
The list of principles that apply universally to all
companies include:
–– ILO Tripartite Declaration of Principles
Concerning Multinational Enterprises
and Social Policy
–– UN Global Compact Principles
–– UN Guiding Principles on Business
and Human Rights
These principles direct companies to respect
universal rights and uphold certain minimum
standards. For example, the UN Global Compact’s
Ten Principles covering human rights and labor,
environment and anti-corruption define the
minimum expectation of any company engaging on
sustainable development. Similarly, the UN Guiding
Principles on Business and Human Rights reaffirm
and elaborate on the responsibility of all companies
to respect human rights.
In addition, there are a number of guidelines that
companies are advised to take into consideration
as the basis for their contribution to the SDGs.
These include the ISO 26000 Guidance on
Social Responsibility and more regional
guidelines such as the OECD Guidelines for
Multinational Enterprises.
An inventory of existing principles, standards and
guidelines as well as other business tools can be
found on www.sdgcompass.org
The baseline responsibilities for business
10 SDG Compasswww.sdgcompass.org
11. 11SDG Compass www.sdgcompass.org
Step 02
Defining
priorities
Not all 17 SDGs will be equally
relevant for your company.
The extent to which your company
can contribute to each, and the
risks and opportunities they
individually represent, will depend
on many factors.
Taking a strategic approach to the
SDGs, your first task should be to
conduct an assessment on the
current, potential, positive and
negative impacts that your business
activities have on the SDGs
throughout the value chain.
This will help you identify where
positive impacts can be scaled up
and where negative impacts can
be reduced or avoided.
This step outlines how your
company can define priorities by
focusing on three broad actions:
Map the value chain
to identify impact areas 12
Select indicators
and collect data 14
Define priorities 15
To benefit from the opportunities and
challenges presented by the SDGs,
defining where your company’s priorities
are will help you to focus your efforts.
12. Step 02
Defining
priorities
The greatest social and environmental
impact that your company has on the SDGs
may be beyond the scope of the assets it
owns or controls, with the greatest business
opportunities being potentially further
upstream or downstream in the value chain.
It is therefore recommended that your company
considers the entire value chain – from the supply
base and inbound logistics, across production and
operations, to the distribution, use and end-of-life
of products – as the starting point for assessing
impact and defining priorities.
Companies are encouraged to start this impact
assessment by doing a high-level mapping of their
value chain to identify areas with high likelihood of either
negative or positive impacts on the issues that the
SDGs represent. Due consideration should be given to
both current impacts and the likelihood of future ones.
See below for an example in action
This mapping does not entail a detailed assessment of
each SDG at each stage of the value chain, but rather a
high-level scan of where impacts can be expected to be
greatest. This means examining each segment of the
value chain falling within the scope of the assessment
to identify areas where:
–– Your company’s core competencies, technologies
and product portfolio currently or potentially
contribute positively to the implementation of
one or more of the SDGs;
–– Your company’s activities directly or indirectly across
the entire value chain may have current or potential
negative impacts on one or more of the SDGs.
Map the value chain to identify impact areas
In action: Mapping the SDGs against the value chain
Increasing positive impact
Minimizing negative impact
Raw materials Suppliers
Inbound
logistics
Company
operations
Distribution
Product
use
Product
end life
Company identifies as a priority to reduce its
negative impact on SDG 6 in its supply chain
by working with suppliers to reduce its water
consumption in water stressed regions.
Company identifies as a priority to decrease
its negative impact on SDG 11 in its inbound
and outbound logistics by improving road
safety for its drivers.
Company identifies as a priority to reduce
its negative impact on SDG 12 at its
products end of life by improving the
reusability and recyclability of its products.
Company identifies as a priority to increase
its positive impact on SDG 8 in its operations
by providing a living wage to all employees at
all sites globally.
Company identifies as a priority to increase
its positive impact on SDG 13 for use of
its products by developing and delivering
products that allow customers to reduce
their energy use and related GHG emissions.
SDG 6
Clean water
and
sanitation
SDG 8
Decent work
and economic
growth
SDG 13
Climate
action
SDG 11
Sustainable
cities and
communities
SDG 12
Responsible
consumption
and
production
Value chain
12 SDG Compasswww.sdgcompass.org
13. The three actions suggested in this step are designed
for impact assessment at entity level, but may be
applied at product, site or regional level as required.
Whatever choice is made, it is important to be transparent
about the boundaries that have been selected and
clear about whether and why certain geographies
or businesses are excluded.
During the mapping process, it is recommended to take
context into account, such as the proximity of operations
and other segments of the value chain to geographical
areas that have a low performance related to the SDGs.
For example, if your company has labor-intensive
operations or supply chains in regions with low wages
and poor enforcement of labor rights and standards,
this will likely define an area of potential high impact.
Similarly, current or potential operations in countries
where there are human needs that the company’s
products can help to address – such as medical needs
or access to sustainable energy – may also indicate an
area of potential high impact.
In some cases, industry sector data is available to help
identify high impact areas and additional tools can also
help this process (see ‘Tools for mapping high impact
areas across the value chain’).
The mapping process includes engaging with external
stakeholders to identify views and concerns which
relate to the company’s current or potential impact
across the SDGs. Stakeholder engagement should
be inclusive with due concern for the perspectives
of marginalized and vulnerable groups.
Stakeholders will not always provide a complete
understanding of all potential high impact areas,
particularly with regard to the potential positive impacts
the company may have. Therefore, the mapping of high
impact areas also involves an internal assessment of
existing and potential linkages between the company’s
activities and the themes covered by the SDGs.
Engaging stakeholders
Inclusive internal and external stakeholder
engagement is key to the three-action process.
Paying close attention to their issues, interests,
concerns, and expectations will help identify and
build a full understanding of your company’s impact
on the SDGs. Stakeholders can also provide
relevant information and inspiration for exploring
business opportunities related to the SDGs.
It is recommended that your company prioritizes
stakeholders who may be adversely impacted by
its decisions and activities. Prioritize the remaining
stakeholders by the effect the company has on
them and the potential influence that they have
over the company.
It is vital to make a special effort to understand
the interests and concerns of stakeholders who
are unable to articulate their views (such as future
generations or ecosystems) and to give due
consideration to disadvantaged or marginalized
groups and other vulnerable stakeholders such
as women, children, indigenous peoples and
migrant workers.
Tools for mapping high
impact areas across the
value chain
A number of tools and methodologies are available
to help companies map high impact areas. Many
companies use Life Cycle Assessment (LCA)
methodologies and environmentally-extended
input‑output (EEIO) models.
Some tools can be applied to specific SDGs.
Examples include the GHG Protocol Scope 3
Evaluator, the Social Hotspots Database,
the Human Rights and Business Country
Guide, the WBCSD Global Water Tool and the
Poverty Footprint Tool.
These and other tools for impact assessment can
be found at: www.sdgcompass.org
13SDG Compass www.sdgcompass.org
14. Example:
RD, manufacturing,
marketing spend
($ spent).
Example:
Tablets sold (# sold and
demographic information
regarding consumers
buying the tablets).
Example:
Reduced incidence
of water-borne diseases
(% reduction vs.
pre-sales).
Example:
Water purification
tablet sales (qualitative
description of marketing
and distribution efforts).
Example:
Purified water
consumed (% of total
water consumed).
Mapping high impact areas will help your
company understand where to concentrate its
efforts. For each of the areas of potential high
impact, identify one or more indicators that most
adequately express the relationship between
your company’s activities and their impact on
sustainable development, so that performance
can be tracked over time.
To this end, the SDG Compass website
www.sdgcompass.org contains an inventory of
business indicators mapped against the 17 SDGs and
To understand how your company impacts the SDGs,
it is important to realize how business activities translate
into economic, environmental and social impacts.
A five-step process, often referred to as a Logic
model, traces the path from inputs through activities,
outputs, outcomes and impacts. It is often helpful to
develop such a model together with stakeholders,
including those affected. The Logic model can be
used to understand which data should be collected.
For example, if your company cannot collect data on
outcomes and impacts, it may be able to collect data
on outputs instead.
See below for an example in action
In order to select the appropriate indicators for the
impact assessment, your company should first choose
a combination of indicators that offer a balanced and
adequate reflection of the company’s performance
and impacts in a given area. This includes considering
different types of indicators, expressing inputs,
activities, outputs, outcomes and impacts and ensuring
a balance between lagging indicators (those that
measure outcomes and impacts) and leading indicators
(those that predict the outcomes and impacts).
The next action is to identify and collect data for each
of the selected business indicators. It is not always
possible to collect data directly, because of impacts
occurring further up or down the value chain and
also the complexity of the value chain. The cost and
complexity of measuring must be proportional to the
value that measuring helps to create.
Using existing business systems and processes for
data collection, for example extracting the required
data from purchasing or sales systems, will be more
efficient than developing new processes. If the required
data is not available through existing systems, other
general methods of collecting and aggregating data
include implementing reporting systems (for company
operations and/or suppliers), performing field visits,
questionnaires, focus groups, interviews and so on.
For each data collection action, it is suggested that
your company identifies the risks of misreporting
and puts in place controls to ensure data quality and
integrity. Internal and external verification will help
increase the reliability of the data.
Select indicators and collect data
In action: The logic model
An example will help demonstrate how a Logic
model works. A company that is investing in
the development of water purification tablets has
the potential to reduce incidence of water-borne
diseases, which contributes to SDG Goal 3,
target 3.3: “by 2030 end the epidemics of AIDS,
tuberculosis, malaria and neglected tropical diseases
and combat hepatitis, water-borne diseases and
other communicable diseases.”
This company could understand its contribution to
SDG target 3.3 by going through the following steps:
Clearly the further down the Logic model,
the more difficult it is to collect accurate data.
Many organizations therefore choose to measure
inputs, activities and outputs, and use those as
proxies to estimate outcomes and impacts.
More guidance can be found in WBCSD’s Measuring
socio-economic impact guide for business.
Inputs:
What resources go in
that could positively
or negatively affect
the SDG?
Outputs:
What is generated
through those activities?
Impacts:
What are the
changes as a result
of those outputs?
Activities:
What activities
are undertaken?
Outcomes:
What changes in
the target population
occurred?
14 SDG Compasswww.sdgcompass.org
Step 02
Defining
priorities
their targets. The inventory contains existing business
indicators from widely-recognized sources/standards
such as GRI and CDP, and from other relevant sources.
Your company can select the most relevant indicator(s)
for each potential high impact area or use them as an
inspiration to define its own indicators.
15. Your company should now have an
understanding of its current and potential,
negative and positive impacts on sustainable
development. The next action is to define your
priorities across the SDGs. The following non-
exhaustive criteria can help this process:
––
–– Assess the opportunity for your company to grow
or gain advantage from its current or potential
positive impacts across the SDGs. This may include
opportunities to innovate, develop new products and
solutions or target new market segments.
When working through the three actions of step 02,
it is important to note that assessing impacts and
determining priorities are not scientific processes
but require subjective judgments. For this reason,
transparent documentation of this process is
encouraged. It is recommended that the three actions
are repeated periodically, for example annually, to keep
track of how impacts and priorities constantly evolve.
If your company already has a system in place to
assess impacts and identify priorities, it would benefit
from using the SDGs as the overarching framework
and integrating the three-action process into the
assessment process. Finally, the priorities defined in
this step are on top of the priorities defined by baseline
responsibilities, as explained in step 01.
An example of
indicator selection
Consider a global manufacturing company that
uses water in its production process. The company
has many factories, some of which are located in
relatively arid and high poverty regions. When the
company looks at its dependency and impact on
water, it will first want to assess which of its factories
(or key suppliers) are located in water stressed
regions. This can be achieved by using a water risk
mapping tool such as WBCSD’s Global Water
Tool, WRI’s Aquaduct or the WWF-DEG Water
Risk Filter.
In this case, an appropriate indicator would be “Total
and percentage of withdrawals in water-stressed
or water-scarce areas”. However, the quantity
of water used by the company is not the only
important measure of its impact on communities
and ecosystems. A water quality indicator is also
key as it addresses the company’s impact on the
quantity of water available for all. To determine a
water quality indicator, the company could use
global guidance (for example by the WHO) or
benchmarks set by industry. In order to capture
both national and international standards for water
quality, the company could select the “Percent of
facilities adhering to relevant water quality standards”
indicator. It may also select other indicators that help
assess its impact on the human right to water – for
example, indicators concerned with the availability,
accessibility or affordability of water.
Together, these indicators will provide the company
with a more complete picture of the dependence
and impacts of its factories on local water resources.
The SDG Compass online inventory of indicators
provides information on commonly used indicators
related to water and sanitation, including from the
CEO Water Mandate’s Corporate Water Disclosure
Guidelines, which address the complexity and
social nature of water resources.
Natural and Social
Capital Protocols
The Natural Capital Protocol (NCP) and Social
Capital Protocol (SCP), under development
at the time of publication, move the impact
assessment from stakeholder dialogue level to a
hard measurement. On behalf of the Natural Capital
Coalition (NCC), the WBCSD and a broad field of
experts are leading the development of the NCP.
The call for collaboration to develop the SCP is led
by WBCSD with a range of partners.
The NCP and SCP both aim to be standardized
frameworks for businesses to measure and
value their impacts on natural and social capital
respectively, and once published they can be
used for more detailed guidance on the elements
described in this step.
Define priorities
15SDG Compass www.sdgcompass.org
Consider the magnitude, severity, and likelihood
of current and potential negative impacts, the
importance of such impacts to key stakeholders
and the opportunity to strengthen competitiveness.
Additional considerations include the likelihood that
new regulation, standardization, market shortages
(of materials or labour), supply chain disruptions,
stakeholder pressure or changing market dynamics
over time may translate these negative impacts into
costs or risks for the company.
16. Step 03
Setting
goals
16 SDG Compasswww.sdgcompass.org
Setting specific, measurable and
time-bound sustainability goals
helps foster shared priorities and
drive performance across the
organization, and is becoming
increasingly widespread.
By aligning with the SDGs,
companies can set more meaningful
goals and communicate more
effectively about its commitment
to sustainable development.
This step on goal setting consists
of four actions:
Define scope of goals
and select KPIs 17
Define baseline and
select goal type 18
Set level of ambition 18
Announce commitment
to SDGs 20
Goal setting builds directly on the outcomes
from the impact assessment and prioritization
covered in step 02, and is essential to driving
good performance.
17. Define scope of goals and select KPIs
It is recommended that the scope of your
company’s sustainability goals is guided by the
strategic priorities identified in step 02. This will
ensure that your company’s goals will include
opportunities to make positive contributions
to the SDGs as well as to reduce current and
potential negative impacts. Similarly, this will
ensure the goals not only cover your company’s
own operations but also create opportunities to
make improvements across the entire value chain.
For years, many companies have set environmental
goals related to issues such as carbon emissions as
well as the use of water and other natural resources.
However, goal setting related to the social dimensions
of sustainable development such as poverty eradication
and anti-corruption is less common, partly because
such issues can be more challenging in terms of
monitoring and measuring success. Regardless
of these methodological challenges, the advice
to companies is to set goals that cover all their
defined priorities across the economic, social and
environmental aspects of sustainable development.
Selecting key performance indicators (KPIs) is an
essential stage in setting goals that can be used as
the basis for driving, monitoring, and communicating
progress. Some companies set broad or ambiguous
goals that do not in themselves enable progress to be
measured, such as an aspiration to become ‘carbon
neutral’ without a clear definition of the goal’s scope
or end date. In these cases, the recommendation is
to select several KPIs that each form the basis for a
specific, measurable and time-bound target.
The ideal starting point for selecting KPIs is the range
of indicators used to assess impacts, as explained in
step 02 ‘Select business indicators and collect
data’. For each priority, your company can narrow
the selection down to a few key indicators that best
express its impact on the sustainable development
topic in question.
Whenever possible, your company is advised to select
KPIs that directly address the impact or outcome of
its activities. For some goals this may be difficult or
even impossible, due for example to a lack of relevant
and available data. In such cases, select KPIs that can
be considered ‘proxies for impact’ – for example, by
addressing the resources, such as capital, that your
company will invest or the specific activities, such as
training, that it intends to undertake.
A further recommendation is that your company
should choose a commonly used indicator as the KPI
wherever possible. This will make it easier to aggregate
and compare data across companies. As explained in
step 02, the website: www.sdgcompass.org shows
the online inventory of commonly used business
indicators for each SDG target.
In addition to the KPIs that are adopted company-wide
and communicated externally, your company may find
it helpful to identify additional indicators to help specific
parts of the business monitor progress towards targets.
17SDG Compass www.sdgcompass.org
18. It is important to define the baseline for each
goal. This process is closely related to the impact
assessment process summarized in step 02.
The baseline can be tied to:
–– A particular point in time: For example, there might
be a goal to increase the number of women on the
Board of Directors by 40% at the end of 2020 relative
to the baseline defined at the end of 2013;
–– A particular period of time: For example, your
company could set a goal to decrease average water
usage in the three-year period from 2018–2020 by
50% compared to the average water usage across
2006–2008, thereby eliminating the impacts that
short-term variability may have.
How your company defines the baseline can
significantly impact the likelihood of reaching the goal.
It is therefore recommended to be transparent about
how and why a particular baseline has been chosen.
In order to monitor progress accurately, it is essential to
take into account changes that impact the consistency
and relevance of the reported information, such as
mergers, acquisitions and divestments. Following
such events, the baseline should be recalculated.
Your company should also decide on which type
of goal to set. In general, goals fall into one of two
categories:
–– Absolute goals, which take only the KPI into account:
for example, reduce the number of health and safety
related incidents by 30% by 2020 from 2015;
–– Relative (also called intensity) goals, which compare
the KPI to a unit of output: for example, reduce
Scope 1 greenhouse gas emissions per unit of
company sales by 25% by 2018 from 2014.
Absolute goals best express the expected impact on
society, but do not take company growth (or decline) into
account. Relative targets on the other hand measure
more accurately your company’s performance per unit
of output, but the impact the goal will have is unsure.
Neither type of goal provides a complete picture, so the
recommendation is to tell the story of what impact your
company aims to achieve.
It is recommended to carefully consider your
company’s level of ambition regarding goals
and consultation with internal and external
stakeholders for guidance. Ambitious goals
are likely to drive greater impacts and better
performance than more modest goals.
By setting the bar significantly above the
performance that is projected relative to the
baseline, and by defining goals that no one yet
knows exactly how to achieve, your company
will spur innovation and incentivize creativity.
The decisions made regarding ambition will also have
reputational implications, and industry leaders create
pressures on their peers to keep up. For example, if one
company commits to a living wage for all employees,
others in the same sector will have to follow suit or be
left behind.
Traditionally, companies set their ambitions by analyzing
current and historical performance, projecting trends
and scenarios, and benchmarking with industry
peers. However, the combined impact of such goals
is not enough to fully address the global social and
environmental challenges that the world faces.
In recognition of this, leading companies have recently
started to take a more ‘outside-in’ approach to goal
setting. This approach is gaining traction with respect
to climate change, as companies commit to set ‘science-
based’ targets, and is emerging in other areas as well.
The SDGs represent an unprecedented political
consensus on what level of progress is desired at the
global level – and this is an opportunity for companies
to apply a similar approach across a wide range of
sustainable development challenges. This means
setting the level of ambition for your company based
on the aspirations of the SDGs and defining what is
‘reasonable share’ for your company, based on your
industry, geographical location and size. Despite
inherent methodological challenges, various ‘outside-in’
approaches to goal setting aligned with the SDGs may
well help define corporate sustainability leadership in the
years ahead.
Deciding the level of your company’s ambition is
fundamentally linked to establishing the timeframe for
the goals. There is a strong argument for making the
time horizon long enough to set goals that represent
a major turning point for the industry to create a future
significantly different from the reality of today. Making the
timeline sufficiently long will enable better communication
– a goal of ‘Sourcing 100 percent of the company’s
energy use from renewable sources by 2030’ is for
example likely to be more inspirational and impactful than
a goal of ‘75 percent renewables by 2025’. The offset is
that the longer the horizon, the lower the accountability
to deliver. So if your company sets long term goals, for
example aligned with the 15 year timeframe of the SDGs,
it is necessary to also define short/medium term goals
or milestones.
Define baseline and
select goal type
18 SDG Compasswww.sdgcompass.org
Set level of ambition
Step 03
Setting
goals
19. In action: Adopting a goal setting approach
Inside out approach Outside in approach
The growing number of initiatives that promote and
support an ‘outside-in’ approach to business goal
setting include:
–– The Science Based Targets initiative by CDP,
the World Resources Institute (WRI), WWF and
the UN Global Compact, which is developing tools
and methodologies for companies to set targets
that align with the prevailing scientific consensus
that global temperatures should not rise above
two degrees Celsius.
–– The Future-Fit Benchmarks developed by Natural
Step which identify a set of ‘absolute’ goals that
are based on social and natural science and that
all companies must ultimately strive to reach,
irrespective of the products and services
they offer.
–– WBCSD’s Action2020 which sets the agenda for
business to take action on sustainable development
to 2020 and beyond. Action2020 defines societal
targets, ‘Societal Must-Haves’ and around nine
Priority Areas, based on a scientific review led by
the Stockholm Resilience Centre.
In addition, there is inspiration to be found in online
databases for business goals and targets, including:
–– The United Nations website which contains
public commitments to goals and targets
announced by companies.
–– PivotGoals by Winston Eco-Strategies which
allows users to browse goals and targets set by
Global 500 companies.
Goal setting initiatives
COMBINED IMPACT OF
CURRENT BUSINESS GOALS
Business goals:
– Set internally
– Based on historical data,
current trends and future projections
on the company’s performance
– Benchmarked against performance
and goals of industry peers
Performance gap
There’s a gap between
current business
performance and
required performance
in addressing
global needs
Today’s internally focused approach to goal setting is not enough
to address global needs.
Global and
societal needs
Business goals:
– Set based on external
societal or global need
– Based on science
and external data
– Benchmarked against the
needs of society that your
business can address
By looking at what is needed externally from a global perspective
and setting goals accordingly, businesses will bridge the gap
between current performance and required performance.
The SDGs represent an unprecedented political consensus on
what level of progress is desired at the global level
SDGs
SDGs SDGs
SDGs
19SDG Compass www.sdgcompass.org
20. Making all or some of your company’s goals
public can be an effective communication tool
because they express in simple and practical
terms the company’s aspirations on sustainable
development. Doing so may inspire and engage
employees and business partners and can
provide a good basis for constructive dialogue
with external stakeholders.
The benefits of publicly announcing goals and
targets should be weighed against the potential risk
of criticism if the company does not meet its targets
in time. To manage this risk, your company would
benefit from communicating regularly and transparently
about the efforts made, progress achieved, and the
challenges faced.
Companies can announce goals aligned with
the SDGs on the United Nations website, using
www.business.un.org. This includes a transparency
requirement in the form of a commitment to
communicate annually – using existing channels
of sustainability or integrated reporting – about the
progress made towards achieving your goals.
Announce commitment to SDGs
20 SDG Compasswww.sdgcompass.org
Step 03
Setting
goals
21. As an outcome of goal setting, you will
have identified specific KPIs and set goals
for each of your company’s strategic
priorities. Integrating sustainability into
the core business and embedding targets
across functions is fundamental towards
addressing these goals.
Integrating sustainability has the
potential to transform all aspects
of your company’s core business,
including its product and service
offering, customer segments, supply
chain management, choice and use
of raw materials, transport and
distribution networks and product
end-of-life.
To pursue shared objectives or
address systematic changes,
companies are increasingly working
with partners to enhance their impact
and reach.
In this step we identify how you
can integrate the SDGs through
the following actions:
Anchoring sustainability goals
within the business 22
Embed sustainability across
all functions23
Engage in partnerships 24
21SDG Compass www.sdgcompass.org
Step 04
Integrating
22. Active leadership by the CEO and senior
managers is key to the success of any type of
significant organizational change. For business
integration of sustainability goals – where the
business value may not always be fully understood
by every part of the organization – the lead given
by those at the top is especially important.
There is also strong, and growing, recognition of
the important role that Boards of Directors play in the
integration of sustainability into long-term strategy.
Boards can play an important role by, for example,
integrating sustainability goals into the criteria for
recruitment and remuneration of executive management.
To make sure that sustainability goals are solidly
anchored within the organizations, two principles
are especially important:
–– Create a shared understanding of how progress
towards sustainability goals creates value for the
company, in particular by clearly communicating the
business case and how it can complement progress
towards other business goals;
–– Integrate sustainability goals into performance reviews
and remuneration schemes across the organization,
with additional incentives reflecting the specific
role that a function or individual has in achieving
relevant goals.
To be most effective, your company’s sustainability
goals should be an integral part of its full set of financial,
strategic and operational goals, alongside goals for
areas such as sales and productivity. Ultimately, the
sustainability ambitions will also be reflected in the vision,
mission and/or purpose statements of the company,
thereby fundamentally and prominently tying the
company’s future success to sustainable development.
Industry-specific examples
In order to showcase industry-specific leadership
examples and help identify concrete opportunities
for companies to advance the SDGs, while creating
value for shareholders, the UN Global Compact and
KPMG led the development of an SDG Industry
Matrix for seven industries.
22 SDG Compasswww.sdgcompass.org
Step 04
Integrating
Anchoring sustainability goals within the business
23. Although dedicated sustainability teams and
professionals can play an important role in
achieving the company’s sustainability goals,
the support and ownership of corporate
functions such as RD, Business Development,
Supply Management, Operations and
Human Resources are the key to embedding
sustainability in business strategy, culture
and operations.
Depending on the nature of the company and its
sustainability goals, some functions will be more
important than others. For example, goals related
to suppliers have a better chance of success if
they are owned by the department responsible for
supply chain management. In all cases, individual
accountability for progress on individual goals and
targets will help drive success.
Many different practices are involved in driving
organizational change and supporting business
integration, from awareness raising and training to
utilizing knowledge and inspiration accessed through
relationships with external experts and stakeholders.
To support the development and implementation of
the company’s strategy as it relates to sustainable
development, many companies have established
cross-functional sustainability councils, boards or task
forces. In some instances governance structures may
also include a sustainability committee at Board level.
This allows time for strategic discussions dedicated to
sustainability priorities, which can be especially valuable
in the early stages of business integration.
In action: Embedding sustainability goals in the organization
Corporate Management Agenda 2016
RD
Identify alternative materials for all identified harmful
chemicals in products by year ending 2016.
KPI: Contribute to SDG 12
Supply Chain management
Identify and phase out where possible all harmful chemicals
in purchased products and components by year ending 2016.
individual targets individual targets
Function management Agenda Function Management Agenda
RD engineer
Identify alternative
materials for all identified
harmful chemicals in
products and components
under responsibility by
year ending 2016.
Component
purchaser
Ensure all supply
accounts comply with
purchasing policy on
harmful chemicals by
year ending 2016.
Phasing out all harmful* chemicals in products by 2020
Ensuring that all harmful chemicals are identified and phased out
where possible, and alternatives identified by year ending 2016
* Harmful chemicals as identified with input from internal and external experts, which go beyond those that are prohibited by law
Actions delegated
Actions delegated
23SDG Compass www.sdgcompass.org
Embed sustainability across all functions
24. In a 2014 survey, 90% of a sample of 38,000
executives, managers, and thought leaders
surveyed, agreed that effectively addressing
sustainability issues cannot be carried out
in isolation.
This appreciation of the value of collaboration is also
explicitly built into the design of the SDGs, with SDG 17
outlining various targets for cross-sector partnerships.
In general, a company can explore at least three types
of partnerships:
–– Value chain partnerships, within which companies
in the value chain combine complementary skills,
technologies, and resources and bring new solutions
to market;
–– Sector initiatives that bring several industry
leaders together in efforts to raise standards
and practices across the entire industry and
overcome shared challenges;
–– Multi-stakeholder partnerships, where governments,
private sector and civil society organizations join
forces to tackle complex challenges.
The SDGs can help bring together partners around
a shared set of goals and priorities. Building effective
sustainable development partnerships requires a
high degree of commitment from those concerned.
Partners should aim to set shared goals, leverage their
respective core competences, depoliticize projects,
develop clear governance structures, create a single
monitoring framework, focus on impacts, forecast
future resource needs, and create a process for
knowledge management. For new partnerships, it is
recommended to start small but to design for scale.
24 SDG Compasswww.sdgcompass.org
Step 04
Integrating
Engage in partnerships
25. 25SDG Compass www.sdgcompass.org
Step 05
Reporting and
communicating
Over the last decade, the practice of
corporate sustainability disclosure has
increased dramatically in line with stakeholder
demand for information. It’s important to
report and communicate on your progress
against the SDGs continuously in order
to understand and meet the needs of
your stakeholders.
Many governments, market
regulators and stock exchanges
have initiated reporting policies and
regulation in recent years. At least
180 national policies and initiatives
on sustainability reporting exist
worldwide, and approximately two
thirds of these are mandatory.
Today, most of the world’s largest
companies disclose their
sustainability performance and
impacts. Of the world’s 250 largest
corporations, 93% report on their
sustainability performance, see
The KPMG Survey of Corporate
Responsibility Reporting 2013.
The SDGs make this level of reporting
a clear expectation. SDG target 12.6
calls on governments everywhere to
‘encourage companies, especially
large and trans-national companies,
to adopt sustainable practices and to
integrate sustainability information
into their reporting cycle’.
This step outlines the actions
needed in terms of reporting
and communicating:
Effective reporting
and communication 27
Communicating on
SDG performance 28
26. Developing systems to integrate the management
of sustainable development issues into everyday
business decision-making is a must in
the transition towards more meaningful and
effective reporting.
Significantly more than simply a piece of communication
to key stakeholders, effective reporting creates trust
and supports value creation – and it can be a powerful
tool to stimulate internal changes and decision-
making through integrated performance management.
Not surprisingly, the Reporting Matters project by
WBCSD in partnership with Radley Yeldar shows
that sustainability information is becoming increasingly
important for sound investment decision-making.
The quality of disclosure varies greatly between
reporters, but research shows an overall improvement.
The development of standards and regulation is central
to this move towards better disclosure practice as is an
understanding of the role that non-financial data and
information plays in continuous success.
In addition to formal reports, companies are
increasingly using a variety of channels to communicate
sustainability strategy and performance. Large
companies as well as SMEs will benefit from publicly
reporting and communicating their contribution towards
the SDGs. Corporate websites, social media channels,
events, product and service labeling, market and
advertising are a few of the many effective ways to
communicate to stakeholders on sustainability.
While in its origins, sustainability reporting was
viewed as a way to build trust and improve reputation,
it has now evolved into a strategic tool that is also
used to support sustainable decision-making
processes, stimulate organizational development,
drive better performance, engage stakeholders
and attract investment.
A data revolution
By the spring of 2016, the UN will identify a number
of global, universal indicators to measure and monitor
progress against the SDGs.
As the UN, governments, and research institutions
gather and analyze information related to
the indicators, it will bring about a data
revolution for sustainable development, (see
www.undatarevolution.org). This means providing
high-quality data on the right things at the right
time to enable better decision-making.
The data revolution for sustainable development
will benefit from changes to the way that the private
sector produces data on its sustainable development
performance. It will require data that is more
accessible, comparable, available in real-time and
based on widely recognized standards. By offering
an inventory of existing business indicators mapped
against the SDGs, the SDG Compass website
(www.sdgcompass.org) enables companies to
start or accelerate this journey.
The private sector will play a key role in achieving
this revolution, not only as a producer of data but
also as a source of funding and creativity that will
facilitate the development of new technologies and
innovative solutions to effectively gather, analyze
and share data.
26 SDG Compasswww.sdgcompass.org
Step 05
Reporting and
communicating
27. In action: Mapping SDG reporting priorities through materiality
The influence
on stakeholder
assessments
and decisions.
The significance of
economic, environmental
and social impacts.
Example:
Water consumption
in the supply chain
(as identified by mapping
the company value chain
against SDG 6)
It is important for companies to use
internationally-recognized standards for
sustainability reporting such as the
comprehensive standards offered by GRI and/or
issue level reporting mechanisms like CDP and
others. Examples of other issue level reporting
mechanisms include the UNGP Reporting
Framework and the CDSB Framework. The SDG
Compass website (www.sdgcompass.org)
and frameworks.
Companies can decide to use existing reporting
formats and communications, or to prepare a more
concise stand-alone report or communication.
As sustainability reporting has evolved over the last
20 years, a number of key principles have emerged.
GRI has for example defined ten principles for
sustainability reporting: stakeholder inclusiveness,
sustainability context, materiality, completeness,
balance, comparability, accuracy, timeliness, clarity
and reliability. These are helping companies prepare
high-quality information on the issues that matter, and
are useful for both sustainability reporting as well as
communications overall. A number of these principles
become even more important and actionable with
the arrival of the SDGs. An example is the principle
of ‘sustainability context’ which directs companies
to present information on performance in the wider
context of sustainability and with reference to broader
sustainable development conditions and goals.
The SDGs provide a framework for companies
to understand their sustainability context.
In the drive towards more effective reporting,
companies are advised to focus reports and
communications on material issues. Material issues
in sustainability reporting are defined as those issues
that reflect the company’s significant economic,
environmental and social impacts (as identified in
step 02), whether positive or negative, as well as those
issues that substantively influence the assessments and
decisions of stakeholders, as defined by the GRI G4
Sustainability Reporting Guidelines, 2013.
Your company’s list of material issues are likely to
include the strategic priorities identified as an outcome
of step 02. Your company should report on both
the positive and negative aspects of its performance
against these priorities. This will ensure that the
report covers how the company meets its baseline
responsibilities related to the SDGs; how it addresses
(potentially) adverse impacts on the SDGs; and how
it utilizes its core competencies, technologies and
solutions to further contribute to the achievement of
the SDGs.
In addition, an effective report will consider issues
of high significance to stakeholders. This means
responding to the reasonable interests, concerns, and
expectations raised by stakeholders (as explained in
step 02) with regard to the company’s actions and
responses to the SDGs, even if the SDG in question has
not been identified as a priority by the company.
A matrix is an effective way to visualize the materiality
assessment in the report, where the priority areas,
such as those identified in step 02 are placed with
respect to the ‘significance of the company’s economic,
environmental and social impacts’ and the ‘influence on
stakeholder assessments and decisions’. A priority area
does not have to be highly significant in both viewpoints
to be deemed a priority for reporting.
Companies can make use of competent and
independent external assurance as a way to enhance
the credibility and quality of their reports.
See below for an example in action
27SDG Compass www.sdgcompass.org
Effective reporting and communication
includes a selection of other standards
28. The SDGs provide a common language for
reporting. Their common framework for
sustainable development may also be helpful
in shaping how to prioritize the reporting
narrative and the type of performance
disclosures a company makes across
a variety of communications on its
sustainable development performance.
Many companies already report and communicate on
topics covered in the SDGs, such as climate change,
sustainable water management or employment and
decent work. Aligning your company’s reporting and
communication with the SDGs means both discussing
performance in the context of the expectations set
by the SDGs, and also aligning disclosures with the
language of the SDGs to ensure a common dialogue
among stakeholders.
For each SDG identified as relevant, companies
can disclose:
–– Why the SDG has been identified as relevant and how
(for example, describe the process for defining SDG
priorities and any stakeholder engagement used);
–– The significant impacts, whether positive or negative,
related to the relevant SDG;
–– Their goals for the relevant SDG and progress made
in achieving them;
–– Their strategies and practices to manage impacts
related to the SDGs and achieve goals through
integration across the business (for example, a
description of policies, systems and processes
such as due diligence).
The KPIs and other indicators that your company
has defined in the process of assessing impacts
and setting goals – as described in step 02 and
step 03 – are important starting points for selecting
the relevant indicators for reporting. For reporting
and communication purposes, those indicators can
be supplemented with additional indicators. Both
sets can be selected, using the inventory of existing
business indicators mapped against the SDGs on
www.sdgcompass.org
Furthermore, to enable reporting about impacts on
disadvantaged, marginalized or vulnerable groups, it is
important to use indicators that allow for disaggregation
by socio-economic criteria such as by sex, age, race,
ethnicity, disability, and other relevant characteristics.
Those companies that choose to produce a stand-
alone SDG report can structure and organize the
information in the report around the relevant SDGs,
clearly directing readers to where they can find the
information on the SDGs that matter most to them.
Companies that integrate information on the SDGs into
existing types of reports or communications can use
visual solutions such as icons for each of the relevant
SDGs to highlight the relevant SDG information. In
addition, they can also highlight the relevant SDGs in
the table of contents. For example, companies using a
standard such as GRI to report their contribution to the
SDGs can add a column to their GRI Content Index,
mapping the relevant GRI disclosures against their list
of relevant SDGs.
The SDGs integrate economic, social and
environmental aspects and work together to achieve
sustainable development in all its dimensions.
As such, companies will benefit from acknowledging
and articulating the links between these elements
in their reports and communications. For example,
many issues such as gender equality, health or
sustainable consumption and production cut across
several SDGs. Your company may find it helpful to
explain how the progress made in one area has
contributed to progress elsewhere.
28 SDG Compasswww.sdgcompass.org
Communicating on SDG performance
Step 05
Reporting and
communicating
29. 29SDG Compass www.sdgcompass.org
About us
Developed by GRI, the UN Global Compact and
the World Business Council for Sustainable
Development (WBCSD), the SDG Compass
incorporates feedback received through
three consultation periods from companies,
government agencies, academic institutions
and civil society organizations worldwide.
About GRI
GRI is an international independent organization
that has pioneered corporate sustainability reporting
since 1997. GRI’s mission is to empower decision-
makers everywhere, through its sustainability reporting
standards and multi-stakeholder network, to take
action towards a more sustainable economy and world.
www.globalreporting.org
About UN Global Compact
The UN Global Compact is a call to companies to align
strategies and operations with universal principles on
human rights, labor, environment and anti-corruption,
and take actions that advance UN goals. It is the
world’s largest corporate sustainability initiative, with
over 8,000 companies participating in 160 countries.
www.unglobalcompact.org
About WBCSD
The World Business Council for Sustainable
Development (WBCSD) is committed to galvanising
the global business community to create a sustainable
future for business, society and the environment.
The WBCSD provides a forum for its 200 member
companies to scale up business solutions that change
the status quo.
www.wbcsd.org
TM
Disclaimer
This publication is released by GRI, UN Global Compact and the WBCSD. This publication has been prepared for general guidance on matters of
interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining
specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information
contained in this publication, and, to the extent permitted by law, GRI, UN Global Compact and the WBCSD, its members (if applicable),
employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting,
or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
GRI, UN Global Compact and the WBCSD
would like to thank the many individuals,
companies and organizations that contributed
to this publication with inspiration in the
recommendations and feedback they
provided during the consultation periods.
A special thanks to Radley Yeldar
for editing and design.
The SDG Compass is the result of a collective effort
involving many colleagues from GRI, the UN Global
Compact and the WBCSD, including:
GRI
Lead: Pietro Bertazzi (Bertazzi@GlobalReporting.org),
Bastian Buck, Diana Danciu, Laura Espinach,
Teresa Fogelberg, Anne Kullman, Punjanit Leagnavar,
and Rashmi van de Loenhorst
UN Global Compact
Lead: Ole Lund Hansen (hansen4@un.org),
Swati Chaudhary, and Emmeline Skelton
WBCSD
Lead: Mark Didden (Didden@wbcsd.org),
Anaïs Blasco, Emily Grady, Rodney Irwin,
Carina Larsfalten, and Amanda Williams
The partners also greatly appreciate the support
provided by PwC, IO Sustainability, the Swedish
International Development Cooperation Agency
(Sida), and the Swiss State Secretariat for Economic
Affairs (SECO).
Acknowledgments
30. On our website you can find
resources that will help your
company align your strategy
with the SDGs.
Where can I find out more?
The website includes:
This SDG Compass guide (executive summary
as a separate download), explaining the five
steps to implementation in more detail.
A live inventory of existing business indicators
from relevant and widely-recognized sources,
mapped against the 17 SDGs and their targets.
A live inventory of business tools mapped
against the SDGs.
A two-page overview for each SDG, covering
the role of business, and illustrative examples
of business solutions, indicators and tools.
www.sdgcompass.org