ESG Explained
United Nations Sustainable Development Goals (SDGs) as Business Opportunities?
08 February 2024 | By pie strategy ltd.
United Nations Sustainable Development Goals (SDGs) as Business Opportunities?
08 February 2024 | By pie strategy ltd.
ESG Explained
The United Nations Sustainable Development Goals (SDGs) are a collective of 17 global goals, unanimously adopted by all Member States of the United Nations in 2015.
These global goals represent a universal call to action to end poverty, combat climate change and work collectively to overcome the major challenges impeding the world’s sustainable development by 2030.
Far from being limited to the realm of national policy, the SDGs are intrinsically linked to the business sector. They reveal business and investment opportunities by highlighting future development directions and societal needs.
Far from being limited to the realm of national policy, the SDGs are intrinsically linked to the business sector. They reveal business and investment opportunities by highlighting future development directions and societal needs.
The 17 SDGs break down into 169 measurable targets
with the UN releasing annual progress reports outlining the world’s advances and setbacks towards these global goals.
Key Member States, including China, track and disclose their progress on the SDGs at the national level. In a 2020 report, China published a comprehensive analysis comparing and ranking the SDG performances of 90 Chinese cities. These data provide valuable insights for businesses to take reference from when formulating strategies pertinent to markets, products and investments.
As we approach the 2030 deadline with just four years remaining, business models and technologies aimed at bridging the gaps in the SDGs become increasingly attractive business opportunities.
For instance, with progress on Goal 13 on Climate Action falling short, there is a concerted effort from the international community, national governments and investors to accelerate funding to drive the realisation of this crucial goal.
For instance, with progress on Goal 13 on Climate Action falling short, there is a concerted effort from the international community, national governments and investors to accelerate funding to drive the realisation of this crucial goal.
About ESG Explained
ESG Explained is a short article series by PIE Strategy, supported by PIE Matters, our charitable foundation, as part of its mission to promote sustainability awareness and learning. The series distils complex ESG and sustainability topics into clear, accessible reads for anyone seeking to better understand the ideas and choices shaping a more sustainable future.
ESG Explained is a short article series by PIE Strategy, supported by PIE Matters, our charitable foundation, as part of its mission to promote sustainability awareness and learning. The series distils complex ESG and sustainability topics into clear, accessible reads for anyone seeking to better understand the ideas and choices shaping a more sustainable future.
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