One year after the adoption of the 2030 Agenda for Sustainable Development, many companies have begun to align or map the content of their sustainability reports with the Sustainable Development Goals (SDGs). Best practices for reporting on the SDGs, however, have yet to be established and the full spectrum of SDGs still needs to be effectively integrated into any major reporting standards and frameworks.
Now, the UN Global Compact—the largest corporate social responsibility initiative and a main entry point for business to advance UN goals—and GRI—which offers the most widely used corporate sustainability reporting standards—are partnering to work closely with a group of leading companies and key stakeholders with a view to enable and promote communication on the SDGs as an integrated part of existing reports and frameworks.
The objective is to leverage the SDGs and the Ten Principles of the UN Global Compact to further mainstream sustainability and integrated reporting among the global business community, with a special emphasis on making it more accessible to small and medium-sized enterprises (SMEs) and ensure the relevance of SDG reporting for the investment community.
While the United Nations is developing a process for assessing the achievement of the SDGs, this platform will support fulfilling the commitment made by the UN Global Compact to help measure the private sector contribution. It will also provide recommendations for the integration of the SDGs in the GRI Standards and the re-design of UN Global Compact’s Communication on Progress (COP) and for a methodology to extract and aggregate data on SDG implementation from a large quantity of individual corporate reports.
- A validated mapping of business disclosures across the SDGs, building on existing efforts (i.e. the SDG Compass), with a view to develop a comprehensive reporting framework for business on the SDGs that is also of value to investors and SMEs.
- A publication that illustrates interesting examples of how companies are already reporting on the SDGs.
- A set of recommendations for how to build the SDGs into the UN Global Compact Communication on Progress (COP) framework and GRI Standards, and how to further align and integrate the different standards, requirements and interfaces.
- Input to the analysis and assessments of the business contribution to the SDGs undertaken by the UN Global Compact.
Benefits of Engaging
- Learn from other leading companies and organizations about emerging best practices in reporting and communication on the SDGs
- Understand emerging investor practices on integrating the SDGs into analysis and decision-making and possible implications for corporate reporting
- Profile your company’s SDG strategy and approach to SDG reporting as part of UN Global Compact and GRI leadership communications
- Help shape the future of corporate sustainability reporting as promoted and required by UN Global Compact, GRI and Principles for Responsible Investment (PRI)
Activities and Events
- Quarterly webinars to consult and brief the multi-stakeholder group
- At least three in-person meetings each year. In 2017, the in-person meetings are expected to be as follows:
- April: Making Global Goals Local Business – India, Working Session on the SDG Leadership through Reporting Platform
- September: UN Global Compact Leaders Summit 2017, New York
- Other meetings may be convened in conjunction with relevant GRI or UN Global Compact events.
January 2017 – December 2018