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The SDG Compass Helps Companies Take Action on New UN Goals
September 26, 2015
The SDG Compass Helps Companies Take Action on New UN Goals
New York, September 26 2015 - Companies now have a new tool to help them navigate and contribute to a new set of global Sustainable Development Goals (SDGs) adopted by the United Nations on 25 September. Launched today at a UN-business event at UN Headquarters in New York, the SDG Compass –developed jointly by GRI, the UN Global Compact and the World Business Council for Sustainable Development (WBCSD) – guides companies in taking a strategic approach to the SDGs and enhancing their contribution to sustainable development through core business activities.
The SDGs, which will shape the global development agenda from now until 2030, explicitly call on business to use creativity and innovation to address sustainable development challenges, such as poverty, gender equality, clean water, clean energy and climate change. Many companies, however, are uncertain about what actions they can and should take in order to contribute to the goals. To meet this need, the SDG Compass is a guide that companies can use to align their strategies with the relevant SDGs, and measure and manage their impacts. It is supported by a live and constantly updated inventory of business indicators and tools.
Though all 193 Member States of the United Nations reached agreement on the SDGs, their success relies heavily on action and collaboration by all actors. The SDG Compass acknowledges this and incorporates feedback from companies, government agencies, academic institutions and civil society organizations, from around the world.
Read more at world business council for sustainable development.
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