From ESG to SDGs: An Investor’s Perspective on Sustainability Reporting | Sustainable Brands

Steve Schueth, President and Chief Marketing Officer at First Affirmative Financial Network:

I’ve looked at sustainability reports that have been published by large global companies for, let’s say, the past six or seven months. What’s become apparent is that the SDGs [Sustainable Development Goals] are very much front and center for these large companies. Not that everybody is spending their entire report on this, sometimes it’s a couple paragraphs or a couple pages. In most cases, you’ve got a big public company saying, “These [few] SDGs really fit who we are — they’re accurate reflections of our mission, our purpose in the world and our core business, and we’re going to track our progress against these three or four or five SDGs.” Nobody’s trying to bite off all 17 of them, which is a good thing, but everybody’s trying to take a few. Now, from a company perspective, I think you take the ones that are the right fit and it’s a lot more comfortable. And frankly, it makes a lot more sense for the company to be reporting on its sustainability initiatives and progress around those SDGs than it is to report around Environment, Social and Governance factors.

Source: From ESG to SDGs: An Investor’s Perspective on Sustainability Reporting | Sustainable Brands

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