4 motivating factors why companies would consider investing in sustainable development

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    [title] => 4 motivating factors why companies would consider investing in sustainable development
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The Sustainable Development Goals (SDGs) have been decided and agreed upon. These goals are ambitious and require each country to do everything possible to achieve these goals. It will cost a lot of money for countries to achieve these goals.

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The Sustainable Development Goals (SDGs) have been decided and agreed upon. These goals are ambitious and require each country to do everything possible to achieve these goals.

 

It will cost a lot of money for countries to achieve these goals: “$2 trillion-3 trillion a year for 15 years, or 4 percent of world GDP — there is a real need for innovative alternatives to close the gaps.”

 

Foreign aid does provide countries with much-needed money, but they cannot rely on foreign aid alone to achieve these goals. The private sector has the ability to help close some of these gaps, too. “The private sector contributes 60 percent of global GDP and 90 percent of the jobs, and may be better positioned to accomplish many of the goals because of better reach and resources.”

 

1. "Mitigating business risk from potential disruption of operations, supplies or reputational damage.

2. Adhering to industry norms of transparency, traceability, environmental responsibility and other accepted standards.

3. Winning share in current markets and establishing a beachhead with future customers.

4. Building goodwill with key stakeholders.”

 

Companies need to think about how to, and then invest in, sustainable development. It may be sourcing local goods to produce your items, or using homegrown ingredients rather then importing. All these methods promote local development. “ Innovating in sustainable development is an investment in a public good, whereby the wider society, even competitors, can stand to benefit.”

 

Due to the magnitude of these goals, without public and business participation and buy-in to innovative development, we may not attain these goals. “ Fortunately, it is in the interests of many highly innovative and resourceful companies to step up and participate.”

 

View the original article here. 

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Click to view why companies should consider investing in sustainable development. 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The Sustainable Development Goals (SDGs) have been decided and agreed upon. These goals are ambitious and require each country to do everything possible to achieve these goals. It will cost a lot of money for countries to achieve these goals.

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The Sustainable Development Goals (SDGs) have been decided and agreed upon. These goals are ambitious and require each country to do everything possible to achieve these goals.

 

It will cost a lot of money for countries to achieve these goals: “$2 trillion-3 trillion a year for 15 years, or 4 percent of world GDP — there is a real need for innovative alternatives to close the gaps.”

 

Foreign aid does provide countries with much-needed money, but they cannot rely on foreign aid alone to achieve these goals. The private sector has the ability to help close some of these gaps, too. “The private sector contributes 60 percent of global GDP and 90 percent of the jobs, and may be better positioned to accomplish many of the goals because of better reach and resources.”

 

1. "Mitigating business risk from potential disruption of operations, supplies or reputational damage.

2. Adhering to industry norms of transparency, traceability, environmental responsibility and other accepted standards.

3. Winning share in current markets and establishing a beachhead with future customers.

4. Building goodwill with key stakeholders.”

 

Companies need to think about how to, and then invest in, sustainable development. It may be sourcing local goods to produce your items, or using homegrown ingredients rather then importing. All these methods promote local development. “ Innovating in sustainable development is an investment in a public good, whereby the wider society, even competitors, can stand to benefit.”

 

Due to the magnitude of these goals, without public and business participation and buy-in to innovative development, we may not attain these goals. “ Fortunately, it is in the interests of many highly innovative and resourceful companies to step up and participate.”

 

View the original article here. 

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The Sustainable Development Goals (SDGs) have been decided and agreed upon. These goals are ambitious and require each country to do everything possible to achieve these goals.

 

It will cost a lot of money for countries to achieve these goals: “$2 trillion-3 trillion a year for 15 years, or 4 percent of world GDP — there is a real need for innovative alternatives to close the gaps.”

 

Foreign aid does provide countries with much-needed money, but they cannot rely on foreign aid alone to achieve these goals. The private sector has the ability to help close some of these gaps, too. “The private sector contributes 60 percent of global GDP and 90 percent of the jobs, and may be better positioned to accomplish many of the goals because of better reach and resources.”

 

1. "Mitigating business risk from potential disruption of operations, supplies or reputational damage.

2. Adhering to industry norms of transparency, traceability, environmental responsibility and other accepted standards.

3. Winning share in current markets and establishing a beachhead with future customers.

4. Building goodwill with key stakeholders.”

 

Companies need to think about how to, and then invest in, sustainable development. It may be sourcing local goods to produce your items, or using homegrown ingredients rather then importing. All these methods promote local development. “ Innovating in sustainable development is an investment in a public good, whereby the wider society, even competitors, can stand to benefit.”

 

Due to the magnitude of these goals, without public and business participation and buy-in to innovative development, we may not attain these goals. “ Fortunately, it is in the interests of many highly innovative and resourceful companies to step up and participate.”

 

View the original article here. 

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