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SDGS and market transformation
How can business transform markets to ensure that the new SDGs are met?
The question sterms from the understanding that each country is expected to show how they will meet the goals. It is a big challenge for countries to refine this to various groups, including business. Similar to the climate change issue, how do leaders prove that business as usual is enadequate through their sustainability plans
83 months ago
3 answers
people interested in evolving beyond business-as-usual will find much to like in mining the possibilies for adaptively evolving a new social structure for investment decision making that empowers civic engagement in prudent stewardship of paradigm shifting enterprises creating by design prosperous adaptations to life's constant changes
accountabity to prudent stewardship can be expansively evolving where accountability to market pricing mechanisms is necessarily narrowly reductionist
83 months ago
Given this question is on the IoT innovations Board, we should consider the potential of connectivity to reshape agriculture, water delivery, clean energy and many of the other markets encompassed by the SDGs. The power of IoT and the data it will generate is that we can potentially achieve a readical transformation in the efficiency of these markets. I usually caution that the SDGs are aimed at 2030 and we are only just beginning the journey. There are likely (almost certainly in my opinion) innovations that will emerge over the next decade plus that will accelerate this journey. Our thinking should not be confined to what is possible today. Businesses will play the key role in this journey for many of the SDGs as governments appear increasingly resource constrained, paralyzed politically or otherwise less able to act.
83 months ago
Yes, I appreciate it is early days, but....
The SDGs are primarily focused on governments, not business. I have yet to see any government apportion achievement of their national SDG and allocate achievement to business sectors or even apportion programmes to large businesses.
That said, business will help achieve the SDGs, and we are seeing a number of big companies aligning their programmes to coordinate with SDGs goals (17) and targets (169). Few of those companies are using the SDGs in a strategic sense. To me, this is a form of greenwashing.
I would like to see those companies that purport to set the SDGsas important, allocate 1% of their pension funds to organizations or initiatives that are actively working to ashieve the SDGs and scale up their activities. Read more at UN Global Sustaianbility Index Institute and its foundation. http://www.ungsii.org/
83 months ago
