SDG 17

Partner for Success with #SDG17 – [GSC 17/17, Week 17]

The Global Sourcing Council
 Share Your Success Story to Drive Action for the SDGs
Contact us to showcase your sustainable practices
transforming business and the world!
The Global Challenge
The SDGs are estimated to cost US$3 trillion per year to achieve, and much of this will need to come from private resources. Long-term investments are needed in sustainable energy, infrastructure, transport, and information and communications technologies, among other sectors.
Your Business Opportunity
For businesses to succeed, they require access to energy, good governance and sustainable economic development, to name a few fundamentals. Companies can do much to build this foundation and create long-term value. UBS has said the SDGs create opportunities for “financially attractive investments.”
UN Secretary-General Ban Ki-moon recently echoed this idea, pointing to the need for infrastructure investments and calling the SDGs, along with the Paris Agreement on climate change, an “unprecedented opportunity” for the private. Speaking at the UN Global Compact Leaders Summit on 22 June, Ban added, “we are at a decisive moment in the shift to sustainable and inclusive markets.”
What’s next for GSC on the Global Goals?
GSC advocates for profit with purpose through sustainable supply chains. In 2015, GSC aligned its mission with the SDGs and the 2030 Agenda.
In the coming weeks, stay connected with GSC for news on: 

Half Billion Challenge

  • In the spirit of partnership to achieve the SDGs, GSC is launching a challenge to the global sourcing community to allocate US$500,000,000 to turn their supply chains into socially and environmentally responsible supply chains.
  • Target Date: September 25, 2017, the second anniversary of the 2030 Agenda’s signing
  • The funds are to be used  by pledging entities to build capacity in supply chains in the form of outreach, training, administrative support, organization support, to reach out to new suppliers and support existing suppliers aligned with SDGs and to report on the progress with transparency and accountability.
  • Why Partiicpate? Challenge participants will gain global visibility and recognition, provide inspiration to supply chain managers, and showcase their leadership in aligning their companies with the SDGs.
  • Contact Angeline Judex, GSC Executive Director to learn more

How Business are Demystifying the SDGs for Success

  • This forthcoming publication compiles tools, resources, case studies, and examples of business leadership on each of the 17 SDGs. It will serve as a roadmap for companies and investors wondering how their work is aligned with the SDGs, how they can contribute in a meaningful way, and how to measure their impacts. 
  • Contact: Lou Coppola at 646.430.8230 ext 14 OR louis.coppola@gscouncil.org

Call for Nominations for 3S Awards 2016

  • Participate in the 2016 3S (Sustainable and Socially Responsible Sourcing) Awards and Gala taking place in New York in November.
  • Contact Angeline Judex, GSC Executive Director to learn more.
Make a Difference with Action on Goal 17
SDG 17 calls to “Strengthen the means of implementation and revitalize the global partnership for sustainable development.” Its targets address five areas: Finance; Technology; Capacity-building; Trade; and Systemic issues, such as Policy and institutional coherence, and Data, monitoring and accountability.
Find a Partner

The UN Global Compact Business Partnership Hub is an interactive online “matchmaking” platform that connects businesses with potential partners and projects. Search for partnerships within each SDG. See UN-Business Action Hub
Resources on Investment Policies

The 2015 Investment Policy Framework for Sustainable Development, from the UN Conference on Trade and Development (UNCTAD), consists of an overarching set of Core Principles for Investment Policymaking that serve as design criteria for three sets of operational guidelines or action menus:

 

  • Guidelines for national investment policies,
  • Guidance for the design and use of international investment agreements (IIAs),
  • An action menu for the promotion of investment in sectors related to the sustainable development goals.
Learn from Leaders Taking Action on SDG 17

NASDAQ
Adena Friedman, president and COO of stock exchange operator NASDAQ, said capital markets can act as a “source and force” for sustainable growth, including through sustainability-related indexes, exchange-traded-funds (ETFs), green bonds and other financial instruments. In 2015 NASDAQ led an effort within the World Federation of Exchanges to agree on a set of environmental, social and governance metrics that companies should report to help investors gauge their long-term financial health. Learn more.

 

Calvert, TIAA-CREF, Pax World Management
Calvert and other Fund managers are lowering management fees on actively-managed ESG funds, in response to competition in the mutual fund industry. Bloomberg reports that more investors are seeking investments that align with their values, and increasing their scrutiny of fees on ESG funds, which can drag on performance. TIAA-CREF Social Choice Equity Fund has a particularly low expense ratio, and Pax World Management made recent announcements about dropping and lowering fees. ESG funds direct financial resources towards companies that are well managed, forward looking, and meet high standards of corporate responsibility, among other criteria. Learn more.
UBS
UBS’ chair Axel Weber said this week that the financial products are “becoming ready to make it happen.” UBS plans to launch a new index and a set of related products based on the Global Compact 100, a stock index representing the 13,000 members of the UN’s voluntary corporate sustainability initiative.
Saturna Capital
Saturna Sdn is a unit of the company that runs the biggest Shariah-compliant share fund in the U.S. The unit is looking into a green investment vehicle in Malaysia. Bloomberg reports that Malaysia introduced guidelines to promote environmentally and socially responsible investing in late 2014, and the country has a supportive environment for sustainable investments. Saturna’s announcement indicates that Islamic asset managers are beginning to tap demand for more environmentally conscious investing, says Bloomberg. Learn more.
MSCI
MSCI, whose ESG Research division is the world’s largest provider of ESG ratings, research and data for investment decision making, announced that it will measure the Environmental, Social and Governance (ESG) characteristics of portfolio holdings and rank or screen funds based on a diverse set of factors including sustainable impact, values alignment and ESG risks, including carbon footprint. MSCI has categorized the SDGs into five sections, as part of its new initiative to rate mutual funds for ESG. Means of Implementation and Global Partnership (Goal 17) is listed in a section on Governance. Learn more.
Amplify your Impact: Collaborate with NGOs and Other Companies

Principles for Responsible Investment (PRI)
The Principles for Responsible Investment is a global coalition of investors who believe that environmental, social and corporate governance (ESG) factors affect the long-term performance of investment portfolios. The investor group, led by F&C Asset Management and Hermes Equity Ownership Services, collectively manages more than $1.7 trillion in assets. Learn more.

Sustainable Stock Exchanges
The Sustainable Stock Exchanges (SSE) initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency – and ultimately performance – on ESG (environmental, social and corporate governance) issues and encourage sustainable investment. The SSE is organized by UNCTAD, the UN Global Compact, the UN Environment Program Finance Initiative (UNEP FI), and the PRI. NASDAQ is among the partner exchanges. Learn more.

GeSI
The Global e-Sustainability Initiative (GeSI) has made the SDGs its “central framework for action” and defined an implementation roadmap to support member organizations in meeting the Goals. Microsoft and Deutsche Telekom AG expressed their support for GeSI in order to apply digital technology to solving challenges including in education, healthcare, environmental sustainability, and urban planning. In collaboration with other companies, like Ericsson, GeSI provides information, resources and best practices for achieving integrated social and environmental sustainability through ICT. Learn more.
Join the Sustainable Sourcing Community:
Become a GSC Member to Drive Results
Download 17/17 Prospectus

As a GSC member, you will gain global exposure for your sustainability efforts and benefit from the ability to demonstrate leadership, educate and inspire more action in sourcing, supply chains and procurement.
As part of your GSC membership, you will also have the opportunity to communicate your SDG support of the 17 Weeks / 17 SDGs initiative and sponsor the 3S Awards.
   GSC 17/17 Media Partners   
GA Institute SIG 3BL Media 2Degrees Network
More of the Latest News on SDG 17
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