A report published this week by DNV GL and the UN Global Compact (UNGC) has found that 75% of companies who join the UNGC initiative are taking action towards advancing the UN Sustainable Development Goals (SDGs) – but, almost two years in, companies are still struggling to understand how best to report on their progress towards the SDGs. With best practice still emerging, and expectations rising, how do corporates use reporting to demonstrate that they are contributing to the SDGs?
This question is of particular interest to members of The Consumer Goods Forum (CGF). Through CGF initiatives, members are working on 10 of the SDGs, including those related to taking action on climate change (Goal 13), taking care of the earth (Goal 15), improving nutrition (Goal 2), the well-being of consumers (Goal 3) and providing decent work for all (Goal 8). And, of course, Goal 17 - developing mechanisms and partnerships to reach the goals – is at the heart of everything the CGF does.