The Global Reporting Initiative (GRI) and UN Global Compact launched a resource for businesses to measure and disclose their impacts on the SDGs. The publication provides 14 sets of examples on how businesses around the world, in a variety of sectors, have measured and disclosed SDGs impacts. The examples also include companies’ efforts to align the SDGs with business strategy.
Titled ‘Examples of Corporate SDG Reporting Practices,’ and launched on 20 February 2020, the compilation highlights key themes that are globally relevant for businesses, such as:
- How to disclose SDGs impacts in the value chain;
- Engaging stakeholders in prioritizing SDGs;
- Understanding interconnections between the SDGs and corporate objectives and KPIs.
The companies represented in the resources are located in Brazil, Denmark, France, Italy, Kenya, Mexico, the Philippines, Singapore, Spain, Switzerland, Thailand, UK and US. They represent sectors including chemicals, construction, consumer goods, cosmetics, food and drink, energy, real estate and telecommunications.
The examples are an addition to the ‘Business Reporting on the SDGs’ action platform, which is a joint initiative of GRI and the UN Global Compact.
According to Peter Paul van de Wijs, GRI, “increasing the participation of business is a principle driver in achieving the progress” needed to reach the SDGs. He added that this new resource is the latest development as part of GRI’s efforts “for increasing corporate input and ambition to support the SDGs.”