- Why the SDGs are important
- Key findings from the Sustainability Challenge Report 2019
- Which SDGs were most and least popular in 2019
- 4 concrete tips on how to implement the SDGs in order to most effectively reach your goals
Why are the SDGs so important?
Key findings from Sustainability Challenge Report
In the study, 72% of companies in 2019 considered in the report publicly mention the SDGs in their reports/publications. So, there’s a good level of business awareness about the framework.
In addition, 21% of companies mention the SDGs in the CEO or Chair statement, a 13% increase from the year before. This shows that the goals are moving to the top of the executive agenda thanks to regulation, pressure from investors, and future-focused strategy. However, only 14% mentioned specific SDG targets and very few reported on progress towards these targets. Only 8% provided quantitative measures of progress.
Countries that topped the list with the most companies committed to the SDGs are Colombia, Sweden, Denmark, The Netherlands, France, and the UK. This high level of commitment may be correlated to more government engagement in these countries.
Of the seven industry sectors considered, financial services (74%) led the pack while the health sector was the least likely to mention the SDGs.
Which Sdgs were the most and least popular in 2019?
- Decent Work and Economic Growth (SDG8)
- Climate Action (SDG13)
- Responsible Consumption and Production (SDG12)
- Zero Hunger (SDG2)
- Life Below Water (SDG14)
- No Poverty (SDG1)
Since 44% of the companies included from the study were from the Energy, utilities & mining and Industrial manufacturing & automotive industries, it's normal that SDG12 ranks highly while SDG2 may not, considering the former may align more closely with their business impact.