sdg.iisd: Businesses Aim to Harmonize Indicators, Reporting Methodology for SDG Progress

 

 

21 September 2017: UN Global Compact, the Global Reporting Initiative (GRI) and PricewaterhouseCooper (PwC) have launched a report that introduces an innovative mechanism intended to simplify reporting by businesses on their contributions to the Sustainable Development Goals (SDGs). The groups launched the report during the UN Global Compact Leaders Summit 2017 in New York, US.

 

 

The report titled, ‘Business Reporting on the SDGs: An Analysis of the Goals and Targets,’ takes the first step towards a harmonized set of indicators and methodology and common standard for corporate reporting on SDG progress. Currently, no single methodology exists for measuring and reporting business progress and impacts on the SDGs, and most firms use older reporting standards that predate the SDGs. The methodology will enable companies to report on the SDGs in a “comparable and effective” manner.

 

 

The report explains that three-quarters of UN Global Compact businesses are contributing to the SDGs in 2017; thus, transparent and effective reporting is critical. The Business and Sustainable Development Commission estimates that delivering on the SDGs could generate up to US$12 trillion in revenues and savings because of new opportunities and efficiency gains. The mechanism, set of indicators and relevant data aggregation across companies are expected to enable: the comparison of company information; better communication to governments regarding their progress; and sustainability reporting at a national level.

 

The report highlights ten future focus areas where further business engagement is necessary.

 

Read more...

 

 

Go back

CBFP News

WWF: Rainforest deforestation more than doubled under cover of coronavirus -DW

Tropical rainforests shrank by 6,500 square kilometers in March — an area seven times the size of Berlin. Criminal groups are taking advantage of the pandemic and the unemployed are getting desperate, the WWF said.

Read more …

Nouabalé-Ndoki National Park Monthly update April 2020

"At a time when many countries are beginning their gradual deconfinement and when there is a glimmer of hope on the horizon of returning to normal life, I wanted to share with you some good news that also fills us with hope for the future of the Nouabalé-Ndoki National Park."

Read more …

Resources and follow-up from the virtual FAO-EcoAgriculture Partners Roundtable

Last April 30th FAO and EcoAgriculture Partners organized a virtual Roundtable on Territorial Perspectives for Development, in which over 170 people participated.

Read more …

ATIBT -CBFP: Private Sector mobilized around the CBFP Facilitator of the Federal Republic of Germany

ATIBT co-facilitated the mobilization of the private sector of the timber sector to participate in the first meeting of the private sector college of Congo Basin Forest Partnership with the new facilitator Dr Christian Ruck and his team German Facilitation.

Read more …

Development and institutionalization of a PAFC certification system for the Congo basin: opening of the second public consultation on Sustainable Forest Management Certification Standard, 23 May 2020 - 22 June 2020

This second public consultation will be open for a period of 30 days from tomorrow Saturday the 23rd of May 2020 and will be closed on Monday the 22nd of June 2020. The public consultation is open to all stakeholders of forest management in the Congo Basin interested in participating to the PAFC Congo Basin certification standards development process.

Read more …

Forest defenders on the COVID-19 frontline stand ready to assist the global EU response – Fern

These efforts go hand in hand with ensuring continued responsible management of natural resources and preventing unsustainably and illegally sourced forest commodities. In the Democratic Republic of Congo, forest-monitoring organisations Observatoire de la Gouvernance Forestière (OGF) and Réseau des observateurs indépendants des ressources naturelles (RENOI) are set to carry out COVID awareness-raising in at-risk forest areas, and will also assess COVID’s impact on forest management and governance commitments under the Central African Forest Initiative (CAFI). Across the Congo Basin, fears that a proper lack of oversight may put forests and forest peoples in danger are looming despite emerging initiatives.

Read more …

22 May 2020 International Day for Biological Diversity

The theme of the 2020 International Day for Biological Diversity is “Our Solutions are in Nature”. It shows that "Biodiversity remains the answer to a number of sustainable development challenges that we all face. From nature-based solutions to climate, to food and water security, and sustainable livelihoods, biodiversity remains the basis for a sustainable future."

Read more …

CBFP News Archive

2024

There are no news items for this period.