UNDP SDG Impact Standards for Enterprises latest in the series of decision-making standards to shift private sector business practices and investments towards sustainability and SDG achievement
Every day, more and more enterprises and investors are looking for straightforward ways to operate more sustainably and make a positive contribution to the Sustainable Development Goals (SDGs) – the world’s blueprint to achieve a better and more sustainable future for all. Indeed, enterprises and investors increasingly recognize that sustainable development is at the very heart of long-term value creation – for organizations and for society – and failing to achieve the SDGs is a constraint on economic potential and undermines system stability, future business prospects and future investment performance.
Embedding the SDGs into decision making can help enterprises and investors use a common language and shared purpose to open-up new business and investment opportunities and efficiency gains; future proof their businesses and investment portfolios; manage risk more effectively; enhance their reputation; attract and retain employees, consumers, B2B customers, and investors; strengthen their stakeholder relations; drive innovation; secure their social license to operate; keep pace with – and anticipate future – policy developments; and help stabilize societies and markets (see here for sources).
Read the full article at: sdginvestorplatform.undp.org
