The UN Sustainable Development Goals
More and more companies and brands are talking about sustainability and have incorporated specific policies to develop their business in a sustainable way. The field of sustainability is very broad and in order to assess whether a company is sustainable or the degree of sustainability of the same (if it is possible to speak of degrees) they include each one of them and the commonly accepted metrics to measure the impact that has a business.
The < / span> Sustainable Development Goals (SDGs) constitute a universal call to action to end poverty, protect the planet and improve the lives and prospects of people around the world. In 2015, the member states of the United Nations approved 17 Goals as part of the 2030 Agenda for Sustainable Development.
The importance of the SDGs is based on the need not to compromise the future of future generations due to the misuse of resources as well such as the need to design a more just and inclusive world. This Agenda is very important because it involves both public and private organizations and also calls for individual action.
It is therefore not surprising that so many companies and brands have also set to work to contribute to the achievement of the SDGs. Development strategies Sustainable financing requires financing and that is why banks and the institutional financing market have developed green, social and / or sustainable financing.
The incorporation of sustainability in companies is a great challenge for many industries, especially those located in the most polluting sectors. For this reason, the regulation of activities subject to sustainable financing and the transition economy are under development.
Precisely as it is an issue in development, many businesses take advantage of the marketing pull of sustainability without actually having incorporated the values or the appropriate policies to have a neutral or positive impact on the development of its activities. The impact metrics depend on the business, some of the most used are related to the use of resources, such as reducing CO2 emissions (or saving CO2 emissions), efficiency in energy or water use , recycling and / or waste management projects, etc.
We hope that businesses are increasingly transparent regarding sustainability and that consumers gradually incorporate these factors into their decision-making. The transformation process involves all parties and the end consumer must become aware of the products they buy and the way they consume them.
PS: Do you want to know more about the transition economy or sustainable financing? Is there any other topic of interest that you want us to discuss? Leave us a comment.