CSR and United Nation's Sustainable Development Goals: Reconnecting businesses with society

What are SDGs?

Why do SDGs matter for business?

Approach to be followed for CSR Alignment

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In this presentation

Sustainable

Developments Goals

are a set of 17 ambitious

goals with a total of 169

specific targets to be

achieved by 2030, set up

by United Nations

Development Program

(UNDP).

What are SDGs?

Why do SDG matter?

The business

benefits for

companies

SDGs and

Businesses

SDGs present an

opportunity for

companies to help

advance sustainable

development

By integrating sustainability

across the value chain, SDGs

help companies strengthen their

economic performance through

resource efficiency, and

switching to sustainable

alternatives

SDGs can help

connect business

strategies with global

priorities

Investing in SDGs

helps stabilize

societies and markets

through proper

governance.

SDGs can strengthen

stakeholder relations

and helps to keep in

pace with policy

developments

SDGs bring a synergy

between partners to

address the world’s

urgent societal

challenges

SDGs help companies

minimize negative impacts

and maximize positive

impacts on the people and

the planet

SDGs helps in the

identification of future

business opportunities.

They also deliver

innovative solutions and

transformative change

What are SDGs?

Understand the 17 SDG goals

and their actionable targets.

Understanding the business

case of SDGs

Understand the growth

opportunities and ability to

lower risk profiles with SDGs.

Baseline responsibilities of

companies

Regardless of size, sector and

location, companies need to

comply with all relevant

legislation.

Map value chain to identify

impact areas

Map SDGs against entire value

chain as the starting point for

assessing

impact and defining priorities.

Select indicators and collect

data

Identify one or more indicators

for each area of potential high

impact and use existing

business systems and

processes for data collection.

Define priorities

Identify priorities across the

SDGs.

Define scope of goals and

select KPIs

Define scope based on

priorities and choose

commonly used indicators as

the KPIs

wherever possible.

Define baseline and select

goal type

Define baseline for each goal

and choose between absolute

or relative goals.

Set level of ambition

Consult with all stakeholders

for guidance.

Announce commitment to

SDGs

Anchoring sustainability

goals within business

Lead given by CEO and top

management can enable

business integration of

sustainability goals.

Embed sustainability across

all functions

Cross –functional sustainability

teams are key to embedding

sustainability in business

strategy.

Engage in partnerships

Explore value-chain, sector

and multi-stakeholder

partnerships to address

sustainability issues.

Effective reporting and

communication

Use internationally-recognized

standards for sustainability

reporting such as GRI, CDP,

UNGP Reporting, CDSB

framework among others

(comprehensive list is

available at SDG Compass

website)

Communicating on SDG

performance

Discuss performance in the

context of the expectations set

by the SDGs, and also align

disclosures with the

language of the SDGs to

ensure a common dialogue

among stakeholders.

Understanding the

SDGsDefining priorities Setting goals

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Reporting &

CommunicationIntegrating

What should be the approach?

How do you align SDG with your strategy?

Sustainable Development Goals and Kuwait

Source: SDG Index- UN Sustainable Development Solutions Network

On trackSignificant challenges in achieving the goals

Acute challenges in achieving the goals

Information not available

Kuwait ranked 100 out of 149 countries in Sustainable Development Goal (SDG) index

Kuwait (Rank 100)

How are you performing?

Oman (Rank 74)

Saudi Arabia (Rank 85)

Qatar (Rank 49)

Source:http://www.sdgindex.org/

Preliminary results

Source: SDG Index- UN Sustainable Development Solutions Network

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Bedanga Bordoloi Kuwait Country ManagerClimate Change & Sustainability ServicesEmail: bedanga.bordoloi@kw.ey.com

Tel: :+965 99281932