Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.Donate
At the spring meeting of The Conference Board Global CSR & Philanthropy Council, the group closely considered its next steps with regard to the UN’s Sustainable Development Goals (SDGs). Members had provocative discussions stimulated by various guest speakers from organizations such as the United Nations Foundation, US-ASEAN Business Council, The Conference Board, and Palladium. My blog, “Better Businesses Mean a Better World: An Approach through the SDG Framework,” provides further information. Here is one of the insights from the meeting: “A paradigm shift in how companies approach their work, taking into consideration the SDGs, can prove to be both profitable as well and creating social value.”
During webcasts earlier in the month, representatives from The Conference Board and Mission Measurement went over the process for submitting data and information to the Impact Genome Project®, the reporting tool that will form the basis of a new annual benchmarking report on social impact measurement, conducted by The Conference Board in collaboration with Mission Measurement. Among other things, the report will assess companies’ overall impact on the SDGs. See “A Fireside Chat on Impact and Mission Measurement” below for more information regarding the new annual Corporate Social Impact Benchmark Report.
Be sure to read this new report from The Conference Board: China and the UN SDGs - National targets, Progress Assessment, and How MNCs Can Align Business Strategies for China. Xi Jinping’s speech at the recent 19th Party Congress has emphasized the important role sustainable development imperatives—both from an environmental as well as from a social governance viewpoint—are going to play in Chinese policy making going forward. But for most businesses in China, directly addressing the SDGs is unchartered territory. This report helps companies understand and prioritize the SDGs in the context of China’s ongoing and new sustainable development policy priorities.
Last week, the Corporate Social Responsibility Council met in Chicago to discuss reporting and communications. The SDGs, as well as other metrics and indicators, were discussed throughout the meeting. While only three years in on this 15-year journey, it is evident that good corporate citizenship is already playing an important role toward achieving the Global Goals.