Mapping the SDGs to Your Business Priorities

Conduct a readiness assessment of organisations and country impact
In September 2015, the UN launched the Sustainable Development Goals (SDGs). Since then, organizations around the globe have started to adjust their societal strategies towards this new sustainable development agenda. But how big is the existing gap to your business and how to overcome this with a minimum time-to-value?

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Country-specific legislation and priorities are causing dis-synchronicity in the implementation of SDGs. To investigate the level of readiness of the various rich countries around the world, the Bertelsmann Stiftung conducted a first-of-its-kind research. The result, “The world’s first SDG Index” is a set of country profiles based upon a comprehensive framework for SDG monitoring as well as on a country performance assessment framework involving over 140 indicators for measuring sustainable governance. The top 30 country ranking illustrates the head start that Scandinavian countries are having with Sweden, Norway and Denmark taking the first three places.

For a number of goals, high-income countries differ greatly in their performance on the SDGs. This is particularly true with respect to goals 12 (sustainable consumption and production) and 13 (tackling climate change). While in countries such as Estonia and Slovakia, citizens generate below 310 kg of waste per capita every year, in Denmark, the US and Switzerland this number is more than twice as high. Likewise, the share of renewable energy (goal 7) is around or above 50% in the top three countries Iceland, Norway and Sweden, while in 17 OECD countries it is below 11% – including in the Netherlands (3.56%) and the UK (3.16%). 

For multinationals, these obvious country specific differences add complexity to the mix.  When mapping their materiality driven sustainability strategy with the 2030 SDGs, it therefore makes sense to consider three design criteria for simplification.

  • Terminology: morph the legal and accountancy reporting lingo on sustainability into language that can be straightforwardly linked to the business and the SDGs.
  • Easily scalable: include solutions for “emerging” markets with different cultures or in the early stages of their sustainability journey.
  • Clear measurement and reporting of progress: not only on internal KPI’s but also on external perception of the progress on your SDG targets.

Obviously incorporation in the existing processes of the SDGs with its 17 goals and 169 indicators represent a sizable challenge for companies. Not all businesses are equally up to the task. Recent global research revealed that less than half of all companies are looking to implement the SDGs in a mature way. The remainder are Ignorants (12%), Cynics (9%) and Fence-sitters (34%).

Ignorants  Don’t know 
Cynics  We have no intention to assess our impact on the SDGs 
Fence-sitters  We plan to assess our impact on the SDGs but have not thought through how 
Opportunists  We plan to assess our impact on some of the SDGs and indicators relevant to our business 
Full Monties  We plan to assess our impact on all the SDGs and indicators relevant to our business 
Fanatics  We plan to assess our impact on all 17 SDGs and indicators 

Figure 1. How businesses are planning to assess their impact on the SDGs. Source: PWC, Make it your business: Engaging with the Sustainable Development Goals (2015)

With little experience around, local associations such as De Groene Zaak in the Netherlands and The Shift in Belgium are playing an important role; working hard to engage their members on the SDGs and at the same time collecting and sharing best practices. To assist companies with their SDG challenges, Finch & Beak has developed a mapping process that can be conducted within 5 weeks and that comprises of the following steps.

  • Conduct a business analysis with an emphasis for materialities and must-win battles
  • Create an overview to summarize the existing sustainability activities                        
  • Map the SDGs during a Bridging-the-Gap Workshop                              
  • Composition of the readiness assessment report including action areas

 

Kick start your SDG roadmap

Is your company looking to map the SDGs with your sustainability program? If you conduct a 5 week readiness assessment you'll have the opportunity to include them in the 2016 Annual Report. Contact Josée van der Hoek at Josee@finchandbeak.com to find out how it would work for you.

For more information on the research of the Bertelsmann Stiftung, please download the full report on the upper left hand side of the screen. 

"Finch & Beak is a fantastic partner in the development of our executive development programme “Leading the Business of Sustainability”. In fact, its tag line was probably inspired by years of conversations with Jan!"

JEAN-FRANÇOIS-MANZON-315x310.jpg
Jean-François Manzoni

IMD | President and Nestlé Professor

About Josée van der Hoek

Experienced strategic issues management specialist with expertise in strategy development, food waste, and DJSI. | josee@finchandbeak.com

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