Towards the Tipping Point: Global Goals Guide for Business
The United Nations member states adopted the Sustainable Development Goals (SDGs), also known as the Global Goals, as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. Businesses have a vital role to play in contributing to the achievement of Global Goals. The businesses profiled in Towards the Tipping Point: Global Goals Guide for Business are great examples of how leading organisations act on the 2030 Agenda. The report was sponsored by Deloitte and supported by Arm.
The report provides practical examples and recommendations for businesses beginning to engage with Global Goals. Business in the Community (BITC) hopes the report will inspire and guide businesses looking to deepen their commitment to sustainable development, and contribution to Global Goals.
Organisations that embed sustainable development effectively into their business model can future-proof themselves and enhance their long-term commercial performance. The Global Goals offer a globally agreed set of aspirations. Across UK businesses, particularly among the BITC network, organisations are already gaining value from engaging with the Global Goals. These businesses tend to utilise Global Goals in two broad ways.
Firstly, they use the Global Goals as a communications framework. Businesses need to articulate how they intend to create a positive societal impact. The Goals offer a set of shared aspirations that can be a tool for businesses to signal their commitment in a globally recognised way. The Global Goals can help businesses structure their measurement and non-financial reporting.
Secondly, businesses can use Global Goals as a strategic pathfinder. The Global Goals highlight a comprehensive set of risks and opportunities against which businesses can future-proof and use to inform strategic choices. Businesses developing solutions to meet particular goals can create business growth by providing solutions to others. Further, as a common language and set of shared aspirations, the Global Goals can create new and strengthen existing partnerships within and across sectors.