Research Shows Corporate Action on SDGs Already Stalling Out Just Two Years Into 2030 Agenda
Despite mounting evidence for the business case for integrating the Sustainable Development Goals (SDGs) into brand strategy, a new report released by Corporate Citizenship shares some alarming trends in how corporate action on the SDGs is evolving.
In the two years since the launch of the Sustainable Development Goals, the number of companies reporting against the SDGs is on the rise, but research indicates that there is a clear gap emerging between thinking and action, with tangible plans and active involvement in collaborations on the SDGs stalling over the last 12 months.
Illustrating this downward trend is a 7 percent increase in the number of organizations saying that they are “aware of the SDGs, but have no plans to do anything about them” between 2016 (13 percent) and 2017 (20 percent). This number is close to the 25 percent recorded before the Global Goals were launched in 2015. What’s more, the proportion of companies saying that they are “actively involved in a collaboration related to the SDGs” has also fallen from 40 percent in 2016 to 33 percent in 2017.
Photo courtesy of Isriya Paireepairit.