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Enabling and tracking private sector contribution to the Sustainable Development Goals (SDGs) Aditi Haldar Director GRI Regional Hub South Asia

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Page 1: Enabling and tracking private sector contribution to the ...bombaychamber.com/admin/uploaded/Reference Material... · • Enhancing the value of corporate sustainability • Strengthening

Enabling and tracking private sector

contribution to the Sustainable

Development Goals (SDGs)

Aditi HaldarDirector GRI Regional Hub South Asia

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The Sustainable Development goals -

new, global goals for the world to 2030

• The SDGs succeeds the MDGs and

sets the global priorities to 2030

• Unlike the MDGs, the SDGs

specifically call for business led

solutions and actions

• The SDGs apply for developed and

developing countries alike

What’s new with the SDGs?

SDGs

2015 - 2030

MDGs

2000 - 2015

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MDGs vs SDGs

Source: http://www.theguardian.com/global-development/ng-interactive/2015/jan/19/sustainable-development-goals-changing-world-17-steps-interactive Access March 29th, 2016.

The SDGs build on the foundation laid by the MDGs, seek

to complete the unfinished business of the MDGs, and

respond to new challenges.

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• The SDGs builds on input from all

sectors of society and all parts of

the world

• 17 goals and 169 targets set the

global priorities for 2015 – 2030

• The SDGs aspire to end poverty

and to create economic, social

and environmental global

sustainability

The Sustainable Development Goals

New, global goals for the world

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The Sustainable Development Goals

• 17 goals for the world

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• Unlike the MDGs, the SDGs have

a new model for achieving

sustainable development

• There is recognition that they

cannot be achieved unless there is

ownership and shared responsibility

between all actors in society

The Sustainable Development Goals

A shared responsibility

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• Primary responsibility with

governments,

• Civil society: agenda of right seekers,

from poverty to power

• Business:

–Increase positive contribution

–Decrease negative contribution

• Measuring and Reporting extremely

important

The Sustainable Development Goals

Whose Sustainable Development Goals?

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Achieving the SDGs

“Business is a vital partner in

achieving the Sustainable

Development Goals. Companies

can contribute through their core

activities, and we ask companies

everywhere to assess their impact,

set ambitious goals and

communicate transparently about

the results.”

A call for action to businesses

Ban Ki-moon, United

Nations Secretary-General

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• The SDGs call for business-led

innovations to solve sustainable

development challenges

• Social, economic and environmental

business practices helps create

stable societies and markets

• Partnerships between governments,

businesses and civil society is

crucial to succeed with the SDGs

The Sustainable Development GoalsThe crucial role of the private sector

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• Identifying future business

opportunities

• Enhancing the value of

corporate sustainability

• Strengthening stakeholder relations

and keeping pace with policy

requirements

• Stabilizing societies and markets

• Using a common language and shared

purposes

The business case for the SDGs

building a resilient business

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MAPTING – App by Earth Charter and SGI

• www.mapting.org

• A new app to track and map activities that

contribute to actualizing the Sustainable

Development Goals (SDGs) set out in the 2030

Agenda for Sustainable Development launched at the

UN in September of last year.

• Called “Mapting” (“mapping” and “acting”), the app

was developed jointly by the Soka Gakkai

International (SGI) and Earth Charter International

(ECI) as a way of engaging and educating youth in the

challenge of making the 17 SDGs a reality by the

target date of 2030.

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Who we are

About GRI

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• We help businesses, governments

and other organizations

understand and communicate the

impact of business on critical

sustainability issues

• These issues span climate change,

human rights, anti-corruption and

many others

• We are an international

independent organization

Our Work

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Our History

1997

2000

G12002

G2

2006

G3

2013

G42014

Stakeholder

Council

1st Global

Conference

Regional

Hub

Brazil

Regional Hub

India2011

Regional Hub

USA

4th Global

Conference

Regional Hub

South AfricaRegional Hub

Colombia

Regional Hub

Australia2nd Global

Conference

G4 Exam

GSSB

2015

Regional Hub

China

2003

GRI Board

of

Directors

Organizational

Stakeholder

Program

2007

20082009

2010

3rd Global

Conference

G3.1

Rep 2025

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Our Vision

A future where

sustainability is

integral to every

organization’s

decision-making

process

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To empower decision

makers everywhere

through our

sustainability standards

and multi-stakeholder

network, to take action

towards a more

sustainable economy

and world

Our Mission

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• Our work is already embedded

in different types of decision

making across the world:

– businesses use the sustainability

reporting process to understand,

manage and communicate their

impacts

– governments use this reported

information to build smarter policy

• Across our organization we

focus on four strategic areas to

help empower sustainable

decision making

Empowering Sustainable DecisionsSupporting business and governments

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• This approach ensures the

participation and expertise of

diverse stakeholders in the

development of GRI Standards

• Organizations can have

confidence in the robustness

of stakeholder participation

when considering a wide range

of sustainability issues

Robust Multi-Stakeholder ApproachDiverse, global and inclusive

GRI

Business

Civil Society

Acade-mia

Capital Markets

Govts.

Labor

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• GRI Standards enhance the global

comparability and quality of

sustainability information, resulting

in greater transparency on

economic, environmental and

social impacts

• Globally accepted standards

create a common language for

organizations and stakeholders by

which impacts of organizations can

be communicated and evaluated

GRI Sustainability Reporting StandardsEnhancing comparability & quality

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Reporters in over 90 countries

Over 28,000 Reports in our Database

Number of reports per

country since 1999

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“The Global Reporting Initiative

(GRI) remains the most popular

voluntary reporting guideline

Worldwide”

• 60 % of the companies that report use

or reference GRI Guidelines

• 74% of the G250 that report use or

reference GRI Guidelines

Sustainability Reporting & GRI

Reference: KPMG International Survey of Corporate Responsibility Reporting 2015

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38 countries refer to GRI in government

policy and capital market regulation

References in capital market regulation

References in governmental policies

References in both capital market regulation and governmental policies

EU

Maldives

Hong Kong

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GRI’s contribution to the SDGs

Enabling and tracking private sector contribution to the

Sustainable Development Goals (SDGs)

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Building trust through transparency

The sustainability reporting

process enables:

• Transparency

• Better decision-making

• Trust

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GRI and the SDGs

GRI works around four pillars

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Sustainable Development GoalsGRI’s role in enabling business & government action

• SDG Compass: helping companies

understand, align and report

contribution to the SDGs

• Target 12.6 Live Tracker: Database

presenting policy developments and

sustainability reporting data by

country

• Active policy dialogue: working

directly with UN agencies, statistical

agencies and governments on business

and the SDGs

• UNDP Business Call to Action +

GRI Measuring Impact report: A

first look report on how companies

can measure their impact and

contribution to the SDGs

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Transforming our world – the 2030 agendaThe role of the private sector and reporting

• Collaboration with UN and other partners

to advocate for strong private sector role

for the fulfillment of the SDGs

• Target 12.6 – increased coverage of

Sustainability reporting worldwide : “Encourage companies, especially large and

transnational companies, to adopt

sustainable practices and to integrate

sustainability information into their reporting cycle”

• Sustainability reporting as a tool for

Finance for Development

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• GRI enables businesses to

identify and communicate their

contribution to the SDGs

• GRI engage more businesses to

report as a response to the

SDGs

• GRI supports reporting aligned

with the SDGs

Business engagement around the SDGs

Reporting as a tool

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G4 and the SDGsIndicators for all 17 Goals

• All Goals have at least one matching

GRI indicator

• 50% of targets (86/169) have at least

one matching GRI Indicator

• 50% of linkages are with the G4 Sector

Disclosures (e.g., affordable energy,

access to financial services, healthy

food)

• There exist issue level gaps (e.g.,

sustainable agriculture, access to

medicines, deforestation, technology,

chemicals, food waste)

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GRI helps monitor SDG progress

Review and Alignment

• GRI aims to enhance follow-up and

review mechanism for the SDGs

(HLPF) through the Inter-Agency and

Expert Group on SDG indicators,

• GRI as a data source for target 12.6

• GRI supports the alignment of

business indicators with national

and global development indicators in

collaboration with national statistical

offices and the UNSD and

linkages to implementation -

Measure What Matters

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• Development of the

global indicator

framework of the SDGs

(Collaboration with the

Inter-Agency Expert

Group on SDG

indicators)

• The 12.6-tracker -

sustainability

reporting coverage

GRI as data provider for global, regional and

national level

NationalReview

Regional

Review

Global review SDGs

Region A

Country A

Country B

Region B

Country C

Them

atic re

view

Follow-up and review

GRI helps monitor SDG progress

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GRI helps monitor SDG progress

• A database on sustainability

reporting (policies and number of

reports) covering each

region of the world :

http://database.globalreporting.org

/SDG-12-6

• GRI helps monitor the

SDG 12, target 12.6

• Developed by GRI and Tata

Consultancy Services

The Target 12.6 Live Tracker

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GRI helps monitor SDG progressAlignment and Linkages

• beyond reports

Alignment of business indicators with national

indicators

• GRI as a bridge between

businesses and governments

contribution to the SDGs

• Aligning corporate, national and

global indicators (Collaboration

with UNSD and national

statistical offices)

• Linking SDGs with implementation and

corporate reporting - Measure

what Matters

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Global solutions to local problems

• GRI and Accounting for Sustainability

(A4S), Green Economy Coalition (GEC),

International Institute for Environment

and Development (IIED), Stockholm

Environment Institute (SEI)

• http://measurewhatmatters.info/

Linking SDGs with national implementation and

Corporate Reporting

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• Five practical steps:

1. Understanding the SDGs

2. Defining priorities

3. Setting Goals

4. Integrating

5. Reporting and Communicating

• Download the full guide on

sdgcompass.org

The SDG CompassFive steps

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SDG Compass

Step 1

1. Understanding the SDGs

3 actions

• What are the

SDGs?

• Understanding the

business case

• The baseline

responsibilities for

business

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SDG Compass

Step 2

2. Defining priorities

3 actions

• Map the value

chain to identify

impact areas

• Select indicators

and collect data

• Define priorities

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SDG Compass

Step 3

4 actions

• Define scope of goals

and select KPIs

• Define baseline and

select goal type

• Set level of ambition

• Announce

commitment to SDGs

3. Setting goals

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SDG Compass

Step 4

3 actions

• Anchoring

sustainability goals

within the business

• Embed sustainability

across all functions

• Engage in partnerships

4. Integrating

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SDG Compass

Step 5

2 actions

• Effective reporting and

communication

reflecting your

materiality analysis

(from Step 2)

• Communicating on

SDG performance

5. Reporting and communicating

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The SDG Compass

• www.sdgcompass.org

• Inventory of business indicators

mapped against the SDGs and

the targets

• Inventory of Business Tools for

impact assessment mapped

against the SDGs and

targets

Online guide and tools

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The SDG Compass• Inventory of business indicators

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Engage with GRIDevelop your reporting practice and strategy

1. SDG Agenda 2030 in India

2. SDGs Training

3. SDGs Mapping Service

To find out more

www.globalreporting.org/SDGs

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Looking forwardGRI’s future involvement with the SDGs

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Looking forward

GRI's continous work

• Facilitate private sector contribution to sustainable

development

• Engage with and encourage companies to report

aligned with the SDGs

• Increase the uptake of sustainability reporting world-

wide

• Continue supporting the development of an

monitoring and review mechanism

• Follow our SDGs work on :

https://globalreporting.org/sdgs

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SDGs Leadership Through Reporting

Joint ambition UNGC – GRI

UNGC and GRI, the worlds two leading corporate

sustainability initiatives, share the joint ambition to develop

SDGs reporting for companies to assess and report their

contribution to the SDGs.

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SDGs Leadership Through Reporting

Why

• More relevant - Relevant business disclosures

• Easier to understand - Guidance for Business Practitioners

• More simple to execute - Alignment GRI standards & COP

• Accessible to all users - Aggregation of data

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SDGs Leadership Through Reporting

How

• Inclusive process with a multi stakeholder group: including

e.g. Business, Governments, Investors, Civil Society, Labor

• Kick off event March 2017: in the Hague Ministry Foreign

Affairs (tbc)

• First results High Level Political Forum, July 2017: Global List

of prioritized & validated business disclosures

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Thank you

www.globalreporting.org

GRI

Barbara Strozzilaan 336

1083 HN Amsterdam

The Netherlands

Amsterdam | New York | Beijing | Sydney | New Delhi | Johannesburg | Bogotá | São Paulo

[email protected]