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Business Action Critical to Secure a Sustainable FutureND

Tina Nybo Jensen, IISD, Tuesday 10th September, 2019

In a recent review of the 2030 Agenda for Sustainable Development and the Global Reporting Initiative (GRI), the United Nations High-level Political Forum found countries are not on track to meeting the Sustainable Development Goals (SDGs) set four years ago. An evaluation of the GRI found a fall in the number of countries providing information on private sector participation in implementing the agenda. While governments are primarily responsible for implementing SDGs, businesses can play a part too. Indeed, the importance of companies in realising the Goals is reflected in SDG target 12.6, which states that companies should be encouraged to adopt sustainable practices and integrate sustainability information into their reporting cycle. Sustainability reporting is becoming more important to large companies as community expectations change. And with progress towards meeting SDGs moving slowly, the impact of sustainability reporting could become even more significant.

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