G&A Institute Supports The Global Sourcing Council’s “17 Weeks / 17 SDGs Initiative”

NEW YORK, NY (January 26, 2016) – Governance & Accountability Institute announces its support of the Global Sourcing Council’s “17 Weeks / 17 SDGs Initiative,” developed by GSC in support of the Sustainable Development Goals (SDGs) that were adopted by all 193 countries at the United Nations Sustainable Development Summit in September 2015.

G&A Institute, in the spirit of SDG 17 on “Partnerships For The Goals,” will help to communicate GSC’s message of GAlogo_solid_verticaleducation and inspiration through its distribution channels, clients, and partnerships.

“The SDGs provide a framework for assisting our corporate clients in aligning with global policy goals and gaining competitive advantages, including increased innovation, entry to new markets, social and actual license to operate, development of new solutions, and favorable global public policies including tax incentives and preferable government and private procurement positioning, and to attract investment from the exponentially growing Sustainable and Impact investing movement.” said Louis D. Coppola, GSC Board Member and Co-Founder of The Governance & Accountability Institute.

GSC’s 17 Weeks / 17 SDGs Initiative will work to educate and inspire the global community about the business case for aligning sourcing and supply chains with the 17 important global goals.   This Initiative provides supporters a global platform over the course of 17 weeks to demonstrate their leadership activities around the SDGs in their sourcing and supply chains.

“We are pleased to welcome G&A’s support of Goal 17 on Partnership For The Goals, and we invite all companies to join our initiative in the spirit of Goal 17,” said Dr. Wanda R. Lopuch, the Chairman of the GSC Council. “This will help companies to demonstrate their experiences, commitments, goals, best practices and stories by becoming an annual member of GSC and sponsoring one or more SDGs that align with their business strategy.”

The “business case” for the SDGs also includes: unlocking trapped value in emerging and frontier markets; inspiring employees, clients and communities with the broader vision of the Goals; and strengthening brand equity by taking leadership in sustainable development.

G&A Institute Chairman & Senior Strategist Hank Boerner noted: “The SDGs are a critical concept for corporate boards of directors and senior executives to consider in their corporate governance processes. This includes defining, measuring and managing material ESG risk issues, setting important ESG goals for the company, engaging with investors and other stakeholders, and making critical resource allocation decisions over the next 15-plus years.”

G&A’s database on sustainability reporting shows that a growing number of large-cap companies have already announced commitments on one or more of the SDGs. G&A’s database is enhanced in part through the activities of its pro-bono Global Reporting Initiative (GRI) data partner in the United States, United Kingdom, and The Republic of Ireland.

Through our discussions with clients and partner organizations G&A has developed tools and methodologies to help leading sustainable businesses maximize early strategic alignments with these important sustainability goals for 2030.

For more information on joining The GSC 17 Weeks / 17 SDGs Initiative: http://gscouncil.org/main/wp-content/uploads/2015/12/GSCouncil-Flyer_12-10FINAL.pdf

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About Governance & Accountability Institute, Inc.

Founded in 2006, Governance & Accountability Institute is a sustainability consulting firm headquartered in New York City, assisting corporations in executing winning strategies that maximize return on investment at every step of their sustainability journey. The G&A team helps corporate and investment community clients recognize, understand and address sustainability issues to address stakeholder and shareholder concerns.

G&A Institute is the exclusive Data Partner for the Global Reporting Initiative (GRI) in the USA, UK and Republic of Ireland. A G&A team of six or more perform this pro bono work on behalf of GRI. In 2014, they analyzed more than 1,200 sustainability reports in this role and databased more than 100 important data points related to each report.

G&A’s sustainability-focused services and resources include: counseling & strategies for the corporate sustainability journey; sustainability reporting assistance; thorough materiality assessments; stakeholder engagement; benchmarking; enhancing investor relations; sustainability communications; manager coaching, team building and training; issues monitoring & customized research; advice on third party awards and recognitions. Visit G&A at www.ga-institute.com

About Global Sourcing Council

The Global Sourcing Council (GSC) is a voluntary, public-private initiative, registered with the USA IRS as a non-profit 501(c)(3) organization. GSC is focused on sustainable, socially responsible sourcing practices. By bringing together businesses, industry organizations, academics and trade representatives of different countries, the GSC provides an open forum for discussion of social, economic and political effects of global sourcing arrangements.

About Sustainable Development Goals

The SDGs – part of the UN’s 2030 Agenda for Sustainable Development – build on the previous eight Millennium Development Goals (MDGs) which ended after 15 years in December 2015. The new goals represent an unprecedented opportunity to bring the countries, business entities and citizens of the world together to embark on new paths to improve the lives of people everywhere. They will also reshape the practice of development globally, including the role of the private sector. Many companies and institutions are aligning their operations with numerous SDGs and establishing 2030 goals and interim objectives.

For more information, contact Louis Coppola at +1.646.430.8230 ext 14, or email louis.coppola@gscouncil.org, or Wanda Lopuch at +1.631.398.3366, or email wanda.lopuch@gscouncil.org

Four Drivers of Corporate Action on Sustainability

At a special UN event on January 13th, Lise Kingo, head of the UN Global Compact (UNGC), called on businesses to engage in the SDGs “in the right way,” by committing to operate responsibly.

Corporate action on sustainability has a strong business case. UNGC has outlined four key drivers:
  1. Consumer Preferences: A growing trend of “ethical consumerism” pushes companies to demonstrate contributions to global goals.
  2. Employee Demands/Motivations: Employees and workers are calling for better working conditions and wages. Those working for sustainability leaders feel a “pride of association.”
  3. Requirements from Business Partners: More companies are scrutinizing their supply chains to ensure adherence to principles of sustainability, reducing the risk of poor performance, social harm, and environmental harm by business partners.
  4. Management Education: Business school curricula incorporating the Principles for Responsible Management Education (PRME) – an initiative of the United Nations and business schools – are creating a new generation of managers concerned about sustainability.

Sponsoring your choice of SDGs for GSC’s 17/17 Initiative is a great chance to highlight your company’s sustainability commitments, and drive others to do the same. Become a Sponsor by Jan 31st and receive 17% off. Contact Louis Coppola (louis.coppola@gscouncil.org) to find out more.

We proudly welcome SIG as a partner in the GSC 17 / 17 SDGs Initiative!

SIG logo transparentcropped
SIG is a membership organization that provides thought leadership and networking opportunities to executives in sourcing, procurement and outsourcing from Fortune 500 and Global 1000 companies. It has served these professionals and opened dialogues with their counterparts in finance, HR, marketing and other business functions throughout its 25-year history. SIG is widely acknowledged as a leader in providing “next” practices, innovation and non-commercial networking opportunities through: live events, virtual events, online training through SIG University, online Resource Center and digital content through recently acquired Outsource magazine.

SDGs 3 and 4 are about ensuring health and education for all.
How is your strategy aligned?
How the private sector and others can help implement Goal 3: support implementation of WHO Framework Convention on Tobacco Control; research and develop vaccines and medicines for the communicable and non-communicable diseases that primarily affect developing countries, provide access to affordable essential medicines and vaccines, in accordance with the Doha Declaration on the TRIPS Agreement and Public Health, and provide access to medicines for all; increase health financing and the recruitment, development, training and retention of the health workforce in developing countries; and strengthen countries’ early warning, risk reduction and management of national and global health risks.
SDG 3 in ActionPhilips Goal 3 image216x111
Philips’ SDGs Commitment:
Philips strives to make the world healthier and more sustainable through innovation, and aspires to be a leading private sector player on Goal 3, including on Access to care, Green healthcare, and Supporting Communities. Learn more.
How the private sector and others can help implement Goal 4: build/upgrade education facilities that are child, disability and gender sensitive and provide safe, non-violent, inclusive and effective; expand higher education scholarships available for least developed countries, small island developing States and African countries; and increase supply of qualified teachers.
SDG 4 in Action
AMBA – 2015 3S Award Winner:
AMBA, an Ashoka Fellow driven Social Enterprise, economically empowers adults with Moderate to Severe Intellectual disability using Information Technology, Peer Training and Peer Supervision.
Learn more.
Make Your Mark as a Sustainability Leader – Join the GSC 17 / 17 SDGs Initiative!

GSC has launched a special program to showcase companies’ contributions to the SDGs. For 17 consecutive weeks, we will highlight one SDG per week, also lending the spotlight to those who have made it their business to take action on each goal.

Contact Louis Coppola (louis.coppola@gscouncil.org) to sponsor one or more SDGs by January 31st for 17% off sponsorship rate.

The Business Case is Building Itself – Get Ahead of the Curve

 The Business Case is Building Itself – Get Ahead of the Curve
Capital and Talent is Flowing to Companies Focused on SDGs 
A growing body of research shows that companies that measure and manage their sustainability issues are outperforming their peers in the market, attracting / retaining better talent, engaging their customers, decreasing risk and increasing opportunities to grow and enter new markets.  In addition, members of the Millennial Generation are quickly rising up the employment ranks becoming managers, and taking control of their families’ wealth and investment choices — and they are driving demand for sustainable integration and investment opportunities.

 

For the next 15 years, the SDGs will be the primary lens by which this growing pool of capital and talent will examine the companies that they invest in.  Leading sustainable organizations that position themselves to help meet the objectives of th new global goals will increasingly be favored in the market by this growing pool of important players.  ESG criteria and sustainability data are becoming larger factors in where capital flows, where the best talent chooses to work, how companies reputations are shaped, and how investments are valued in the capital markets.

 

Stake a Claim as a Sustainability Leader!

Teleperformance logo

Teleperformance joins the GSC 17 / 17 SDGs Initiative in support of SDG #3 and #4! Join
GSC 17 / 17 SDGs Initiative and sponsor one or more SDGs to showcase your leadership. (click here for prospectus,
or contact Louis Coppola (louis.coppola@gscouncil.org) to find out more.

 

SDGs #1 and #2 are about ending poverty and hunger by 2030.
How is your strategy aligned?

The seven targets for SDG 1 address: making sure nobody lives on less than $1.25/day; setting up social floors; ensuring equal access to economic resources, basic services, land and property ownership, natural resources, and technology and financial services; building climate and disaster resilience; providing developing countries with the means to implement policies and programs to end poverty; and accelerating investment in poverty eradication actions.

SDG 1 in Action – 2015 GSC 3S Awards Nominee: Vihara Foundation

This video shows the commissioning of a creative fundraising platform Rock against Poverty to help raise global awareness and funds to pay for real scientific and business enterprise development intervention to counter extreme poverty in rural India (The Vihar Project).

The eight targets for SDG 2 address: ending hunger and ensuring access to safe, nutritious food; ending malnutrition for vulnerable groups, and tackling stunting and wasting for children under five; increasing agricultural productivity and ensuring access to land and other inputs; ensuring sustainable food production systems, and making agriculture more resilient and adaptive to climate and disasters; protecting genetic diversity and sharing its benefits; increasing investment in rural infrastructure, agricultural research and technological development for agriculture; addressing trade distortions; and limiting price volatility.
SDG 2 in Action – DupontDuPont has focused its efforts on developing innovations that will produce more food, enhance nutritional value, improve agriculture sustainability, boost food safety, extend food freshness and reduce waste.

Innovating to feed the world. DuPont committed $10B to R&D, and the introduction of 4,000 new products by the end of 2020. Moving forward with these goals, DuPont has invested more than $1.2 billion in research and development, and has already introduced more than 600 new products – all in 2014. Learn more at Dupont Feeds the World.

Make Your Mark as a Sustainability Leader
Join the GSC 17 / 17 SDGs Initiative!

Join GSC in responding to the new generation of responsible investors, who are “already beginning to alter the corporate landscape,” according to the UN Global Compact.

Tens of trillions of US dollars in assets are represented in the investors mobilized by the Principles for Responsible Investment and Carbon Disclosure Project. “These long-term oriented investors are requesting more and more information on how investee companies are managing environmental, social and governance issues,” UNGC reports. Strong ESG-managing companies stand to benefit the most from this new development era.

Contact Louis Coppola (louis.coppola@gscouncil.org) today to sponsor one or more SDGs by January 31st for 17% off sponsorship rate.

The 6th “P” for Profit is Why Businesses Should Align with the SDGs

 

Dear Global Sourcing Council community member,

I am pleased to bring you our first greetings in 2016 on behalf of the Board of Directors of the Global Sourcing Council.

P is for Profit

We are moving into a new era in business, in which socially and environmentally responsible sourcing is not just a “nice-to-have” gambit in your marketing portfolio. Consumers are voting with their wallets for responsible products, and employees are offering their talents to entities committed to ethical, sustainable business.

Beyond this, the mainstream financial industry and investment communities are increasingly examining Environmental-Social-Governance (ESG) risks and opportunities of the companies in which they invest. They increasingly incorporate ESG criteria and sustainability data in decisions on where capital flows, and how companies are valued in the capital markets. As millennials become investors, they are driving intense demand for sustainable investment products, and the capital markets are responding with innovative offerings from data providers, analyst research, indexes, impact investing, ETFs, mutual funds, sustainable retirement fund options, and more.

A key opportunity for the private sector in 2016 is found in the 2030 Agenda for Sustainable Development, adopted at the UN by heads of state and government in September 2015, and its Sustainable Development Goals (SDGs). These 17 global goals will stimulate action over the next 15 years, and stand to reshape the practice of development globally. Business entities have much to gain economically by pursuing new markets and new business models through this brand-new agenda, which took effect on January 1, 2016.

GSC will be launching a special program to showcase companies’ contributions to the SDGs. For 17 consecutive weeks, we will highlight one SDG per week, also lending the spotlight to those who have made it their business to take action on each goal.

Tell us your SDG story, demonstrate your leadership, inspire action around the goals and share your best practices by sponsoring one or more SDGs. Contact us to be part of the 17 Weeks / 17 SDGs Initiative! 

Why should businesses align with the SDGs?

First, businesses cannot succeed unless the world succeeds. As Unilever says, there is no business case for enduring poverty.

The Harvard Business Review (HBR) recently ran an article identifying three other, even more immediate reasons to care about the SDGs:

  1. New Markets: The SDGs represent a significant new opportunity for companies for whom emerging and frontier markets are a source of long-term growth, as “trapped value” in these markets is overcome through progress on the SDGs. According to estimates from McKinsey, consumer spending in these markets could be worth $30 trillion by 2025, a significant step up from the 2010 value of $12 trillion. 
  2. Competitive pressure: Many companies have publicly pledged to help with the SDGs. Early-acting companies could get a jumpstart in their industries by organizing partnerships and even positioning themselves as leaders in sustainable development, using the Goals as a branding anchor. Being slow to take action could lead to being left out of these relationships and become a source of competitive disadvantage from a brand equity perspective. 
  3. The World Needs You: The Goals cannot be realized without business participation. The price tag for accomplishing the SDGs is estimated to be up to $3 trillion a year for 15 years. For most governments, financing the Goals’ achievement will be a stretch; governments have already reneged in the past on commitments for similar targets. This time around, many governments and UN leaders have stressed the importance of private sector support to meet the world’s Goals.CPwofE_WcAAruvi200x200

In addition to the five “Ps” identified by the world’s governments as shared priorities, there is a sixth P – profit, as Bhaskar Chakravorti notes. The SDGs can be utilized as a framework for innovation and investment, and we invite all businesses to join us in showcasing how your work is aligned with one or more of these brand-new global goals.

The 2030 Agenda took effect as the clock struck midnight in every country around the world on January 1, 2016. On the occasion, the UN General Assembly’s president said that private companies – along with civil society and young people – will “be with us every step of the way over the next 15 years,” and that many companies are showing that “the change we need is not only possible but already happening.”

Is your company part of that change? How is your supply chain already working to make the global goals for sustainable development a reality?

Share your SDGs story!

Contact Lou Coppola to be part of the GSC 17 Weeks / 17 SDGs Initiative!

Best wishes for a fulfilling 2016 and success in building sustainable and responsible global business.

Sincerely,

Wanda R. Lopuch, Ph.D.
Chair of the Board
Global Sourcing Council
wanda.lopuch@gscouncil.org