the sustainable development goals: the new business compass

Environment and Urban DevelopmentThe American Chamber of Commerce of the Philippines

Mr. James DonovanJanuary 19, 2017

United Nations Conference on Environment

and DevelopmentRIO DE JANEIRO, BRAZIL

3-14 JUNE 1992Kyoto Protocol16 FEBRUARY 2005

MDG6-8 SEPTEMBER 2000

Paris Agreement12 DECEMBER 2015

► RIO Declaration on Environment and Development

► Agreement on Climate Convention

UNITED NATIONSMillennium Development Goals

Source http://www.unmillenniumproject.org/goals/

Average overall income increased by approximately 21%

Number of people in extreme poverty declined by an estimated 130 million

Child mortality rates fell from 103 deaths per 1,000 live births a year to 88

Life expectancyrose from 63 yearsto nearly 65 years

Additional 8% of the developing world’s people received access to water

Additional 15% of the developing world’s people acquired access to improved sanitation services

Difficulty or lack of measurements for some goals

Uneven progress towards the achievement of the Goals

Huge disparities across and within countries

Poverty is greatest for rural areas within countries

Urban poverty is also extensive, growing, and underreported by traditional indicators

Source http://www.unmillenniumproject.org/goals/

adec-innovations.com

PEOPLE

PLANET

PARTNERSHIP

PEACE

PROSPERITY

$2.5 Trillion Annual Investment Gapto Achieve the SDGs

Source: World Investment Report 2014 – United Nations Conference on Trade and Development (UNCTAD)

$2.5TRILLION

Sustainable innovation is a powerful engine for growth.

- Nike Sustainable Business Report

Governments can promote the circumstances for inclusive economic growth but private sector led investment is the only sustainable engine of inclusive economic growth.

– Right Honorable Desmond Swayne TD MP Minister of State at the Department for International Development UK

PARTNERSHIP PARTNERSHIP

FRAMEWORK for PPPs

Competitive Planning

Pricing & Risk Transfer

Accounting & Reporting

Legal, Regulatory & Monitoring

However, PPPs that require social or human capital investment need more attention.

PPPs are better suited for economic infrastructures.

LINES are blurry.

Source: “How Businesses Can Contribute to the SDGs” Corporate Citizenship

1 in 4 are aware

of what SDGs are, but have no

concrete plans

4 in 10 are exploring the significance and implications of

SDGs, but have not taken any actions to

address them

1 in 5 are involved in

partnerships, but the longevity of

engagement has not been

determined

What we found out

Companies lack targeted precise actions, resources, and had limited long-term collaboration with the government and civil society.

What the Private Sector Can Do Next?

adec-innovations.com

Strategy

Innovation Collaboration

Engage the MISSING MIDDLE

Conduct of a materiality assessment that engages and involves stakeholders in the process of identifying the issues related to SDGs

Traversing the gap from the private to global and vice-versa, thus responding to a changing business and societal landscape

GlobalPrivate

Working with the private, public sector,and civil society, resulting in a new modelof systematic change.

Initiating a blueprint that integrates policy solutions, technology, and innovation to address the targeted SDGs.

Advancing the circular economy involving infrastructures,establishment of smart citiesand improving the life on landand below water.

Treating SDGs as a roadmap which would set the company’s direction towards sustainability

SDGs as the new business compass

Adjusting the current actions to meetthe commitment

Setting quick-wins and long-term goals

Developing innovative services andproducts, tagged as breakthroughinnovations

www.globalceoalliance.org

Through open access to information by providing an enabling environment for knowledge and technology exchange

integratereporting requirements

acceleratepositive impact

engagewith stakeholders

new ways of accessing sustainability products and services; reinvent ways to enable people communicate directly to what or whom they need

whether implementation best practice, use of technology

evaluating the ways on how resources/ process can be used more efficiently.

members are active participants for learning; relevant field of experts are involved in sustainability systems thinking.

SUSTAINABLE DEVELOPMENT GOALS

The New Business Compass

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