The Third Annual SDG Business Forum July 17, 2018

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The third annual SDG Business Forum will be held at the United Nations Headquarters on July 17, 2018 during the ministerial segment of the High-Level Political Forum on Sustainable Development (HLPF). The SDG Business Forum is hosted by the International Chamber of Commerce, the UN Department of Economic and Social Affairs (UN-DESA), and the UN Global Compact. Leaders from business, government, UN agencies, key international organizations, and civil society groups will attend the Forum to explore and foster business engagement in implementation of the Sustainable Development Goals (SDGs) and the 2030 Agenda.

The UN 2030 Agenda is a platform for the private sector to demonstrate the central role of business in sustainable development from the standpoints of investment, innovation and implementation. The HLPF will be convened under the Economic and Social Council as the central UN forum to review the 2030 Agenda and the Sustainable Development Goals. This year’s theme for the HLPF is “Transformation towards sustainable and resilient societies.” The meetings will focus on six of the 17 SDGs; including Goal 6 – Ensure Water & Sanitation, Goal 7 – Ensure Energy for All, Goal 11 – Make Cities Sustainable, Goal 12 – Ensure Sustainable Consumption & Production, Goal 15 – Protect Ecosystems, and Goal 17 – Strengthen Means of Implementation. The SDG Business Forum will showcase and report on how businesses of all sectors and nationalities are engaged in supporting those six SDGs.

The SDG Business Forum is a unique multi-stakeholder platform for business action and partnerships to achieve the SDGs by fostering public-private dialogues, catalyzing new partnerships and alliances, and exploring innovative business solutions to accelerate sustainable development. From SMEs to multi-national companies, businesses are realizing the necessity of incorporating the SDGs into their business plans and practices and the Business Forum provides the opportunity to review and strengthen their engagement in the SDGS.

The SDG Business Forum will be held from 9:15 a.m. – 5:00 p.m. on July 17, 2018 at the United Nations Headquarters in New York City.

Register for the SDG Business Forum here.

Read more about the HLPF here.

Report on Advancing Public-Private Partnerships to Achieve the Global Nutrition Goals

Official Report from USCIB Nutrition Event Now Published

 
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Wilton Park USA, in partnership with the USCIB Foundation and the Global Alliance for Improved Nutrition (GAIN), has published a report as follow up to last October’s successful joint dialogue on “No More Missed Opportunities: Advancing Public-Private Partnerships to Achieve the Global Nutrition Goals.” The report summarizes the details of the meeting as well as the “Principles of Engagement,” which were developed during the meeting to provide a useful framework through which to approach future public-private partnership and a valuable reference point for developing effective solutions.

The report concludes that “effective partnerships and better nutrition outcomes can be facilitated through policy and legislative frameworks more conducive to collaboration. This could include better application of the clout of financiers, shareholders, and consumers on the business side and constituencies, NGOs, and civil servants on the government side.”

“Every country is now struggling with some aspect of malnutrition, and a growing number are experiencing both undernutrition and obesity,” said USCIB Vice President for Product Policy and Innovation Mike Michener, who leads USCIB’s policy work on nutrition, food and health. “The roundtable sought to support the accelerated achievement of internationally agreed global nutrition goals, and broader commitment to the UN Sustainable Development Goals (SDGs), by convening a high-level group of leaders from government, business and other key stakeholders.”

This meeting aimed to tackle the problem of poor diet as the number one risk factor for early death, contributing to 20 percent of global deaths, with the burden falling disproportionately on children under five and women of reproductive age, a situation nutrition experts have described as a “missed opportunity” (Lancet, 2013). Each year, malnutrition is a factor in almost half of the six million deaths of children under five, and 159 million children are stunted, with impacts on their physical and cognitive abilities that last a lifetime. More than 500 million women are anemic, with an increased risk of maternal death and delivering premature and low-birth-weight babies. At the same time, 600 million adults are obese, and 420 million have diabetes, with rates rising steeply.

Read the full report here.

A Business Case for the SDGs

Using Data to Encourage Support for the Sustainable Development Goals

 
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As 2030 approaches, many companies are creating innovative ways to track progress towards the Sustainable Development Goals (SDGs), while others are encouraging the transformation of the SDGs from a corporate social responsibility sector to an integral business process which can impact savings and returns.

Bechtel Corporation has gone a step further by developing a textual analytics framework to use data and metrics that can advance the business case for the SDGs. This framework would help a company transform their SDG practices from their corporate social responsibility and public relations departments into an instrumental aspect of their business practices.

Bechtel’s Global Head of Sustainability Tam Nguyen and his colleague Michael Yamoah, manager of sustainability insights and analytics, have recently written an article in EnvironmentGuru in which they present a case study highlighting the framework process using textual analytics to match business indicators with voluntary national review indicators to highlight different areas for potential project opportunities and risks related to the SDGs. The article goes into detail about the case study by discussing the challenge and approach and noted four key steps to developing the business case for the SDGs.

The new article follows an earlier blog post on June 20, 2017 about Bechtel’s approach to using metrics to advance the SDGs. The blog post focused on how using metrics to study the relationship between the SDGs and corporations would encourage innovation in business to effectively merge the SDGs into business practices.

During last year’s UN General Assembly (UNGA), USCIB organized a  Business Experts Roundtable on Data Analytics for SDGs. At the event, Bechtel presented this framework to encourage companies to shift from SDG reporting to developing a business strategy that consolidates SDGs into the entire business process. 

Bechtel’s innovative framework can help other companies achieve the SDGs and help to push the 2030 agenda forward for all people. The framework can allow businesses to help their bottom line by impacting their savings or returns through further innovation with the SDGs. Encouraging companies to adopt the SDGs into their business practices is not just good for all, but also good business.

Read more on the case study in the original article here.