The Sustainable Development Goals (SDGs) platform: advancing businesses action towards the SDGs

There is a major gap between available financial resources and the funding that is needed to eliminate poverty and protect the planet by 2030. With constrained public and aid budgets, there is growing pressure on the private sector to play a more relevant role towards sustainable development. This can only be achieved if private companies and investors promote decent job creation, better opportunities for women, and environmental resilience and protection.

The Sustainable Development Goals (SDGs) provide an opportunity for businesses to rethink approaches to sustainable value creation. However, companies lack a roadmap to integrate the goals into their planning to make meaningful impacts. This project will help build the first publicly-available online management platform for companies to create and implement tangible action plans to manage, measure, and improve their performance on the SDGs. At least 10,000 businesses are expected to deliver on the global development agenda, making significant contributions to global goals such as gender equality, climate action, decent work, and poverty reduction.

The platform will generate rich data to develop evidence of the role of business and the SDGs. This data will be made available through an open-access database. The project includes a call for proposals to engage researchers from the Global South to use the database and to build a foundational body of evidence.

This initiative will be implemented jointly by Sistema B, a group of Latin American businesses working towards economic and environmental sustainability through their business practices; B Lab, a US-based non-profit that certifies organizations trying to reach this goal; and the United Nations Global Compact, which encourages businesses worldwide to adopt sustainable and socially responsible policies and to report on their implementation. It will be supported by the UK Department for International Development, the Skoll Foundation, and IDRC.

Project ID

108896

Project status

Active

Duration

36 months

IDRC Officer

Carolina Robino

Total funding

CA$ 1,003,800

Program

Employment and Growth, Climate Change

Project Leader

Maria Emilia Correa

Institution

Fundación Impulsora de un Nuevo Sector en la Economía Sistema B

Institution Country

Chile