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To achieve the ambitious and necessary goals set out in the 2030 Agenda for Sustainable Development, the UN Global Compact has launched a portfolio of Action Platforms to advance responsible business activities. Created in partnership with LEAD companies, local networks, UN partners and related organisations, the platforms intend to fill emerging gaps in meeting the Sustainable Development Goals (SDGs).
Breakthrough Innovation for the SDGs
In partnership with Volans, PA Consulting, The DO School and Singularity University, Breakthrough Innovation for the SDGs aims to connect companies with some of the world’s leading exponential thinkers and innovators to explore the potential of disruptive technologies (e.g. Artificial Intelligence, Big Data, the Internet of Things), and create the sustainable business models of the future. Through facilitated workshops, webinars and online briefs, participants will gain insights on the industrial applications of disruptive technology, identify business models and technologies most relevant to their companies, and receive support for integrating solutions powered by disruptive technologies into their sustainability initiatives.
Reporting on the SDGs
Reporting on the SDGs, in partnership with GRI (Global Reporting Initiative), will enable businesses to incorporate SDGs reporting into their existing processes, empowering them to act and make achieving the SDGs a reality. Platform participants will receive expert guidance and identify solutions and innovative ways to report on their SDG progress. Through self-assessment exercises, participants will determine the SDGs that are most material to their business and improve how they communicate on their contributions in those areas. Participants will also collaborate on the development of a validated list of business disclosures across the SDGs and contribute to a publication on leadership and best practices for business on SDGs reporting.
Pathways to Low-Carbon & Resilient Development
Building on a decade’s work of the Caring for Climate initiative, Pathways to Low Carbon & Resilient Development is aimed at driving business leadership to implement the Paris Climate Agreement and related SDGs at the country level. The platform will provide a multi-stakeholder space to catalyse the business contribution to national climate and SDGs plans in up to 5 countries, and offer analysis of the gaps, synergies and trade-offs between Nationally Determined Contributions (NDCs) and SDGs plans for business and policymakers alike.
Financial Innovation for the SDGs
In collaboration with the United Nations Environment Programme Finance Initiative (UNEP FI) and Principles for Responsible Investment (PRI), Financial Innovation for the SDGs will identify innovative financial instruments that have the potential to direct private finance towards critical sustainability solutions. The platform will develop guidance on impact investment strategies that support sustainable development, map current and emerging financial instruments and provide a laboratory for the development of new innovative instruments.
Health is Everyone’s Business
The platform Health is Everyone’s Business will enable businesses to minimise negative impacts and accelerate positive action to support sustainable living, health and well-being in the workforce, community and marketplace. The platform will demonstrate why health and wellbeing are imperative for sustainable business, develop the business case for action and showcase opportunities across supply and value chains. Participants will explore opportunities for collective impact through cross-sector partnerships and local implementation and collaborate on the development of a scorecard that a business in any sector can use to drive performance and report on progress.
Decent Work in Global Supply Chains
Decent Work in Global Supply Chains will provide a forum for open dialogue and a launching pad for action to help address some of the biggest and most urgent risks facing companies today. The platform will identify and highlight relevant standards, initiatives and good practices, and develop thought leadership on the role of business in promoting decent work in global supply chains by focusing on issues including enhancing social dialogue, ensuring fair wages and ending child labour, forced labour, modern slavery and human trafficking. By launching a business-led advocacy for workers’ rights and through the facilitation of partnership and collaboration at the local level, the platform aims to help build a human-rights based approach to the 2030 Agenda.
Business Action Platform for the Ocean
The UN Global Compact Business Action Platform for the Ocean focuses on growth, innovation and sustainability, exploring how to best protect the health of the ocean. It aims to mobilize the private sector to take tangible action, make investments and form partnerships to leverage the ocean as a resource to deliver the Global Goals.
Water Security through Stewardship
In partnership with the Pacific Institute, the platform brings the private sector, experts, civil society, Governments and the United Nations together to mobilize leaders in the global business community to adopt advanced water stewardship practices. The platform will work closely with leading companies to test, refine and scale innovative water stewardship practices. Through developing a universal framework and fostering local partnerships, collective action and policy engagements, platform participants will advance water management in support of SDG 6: Clean Water and Sanitation.
Peace, Justice and Strong Institutions
The Peace, Justice and Strong Institutions Action Platform aims to provide global business standards in understanding, implementing and reporting on business engagement in good-governance issues. The platform also seeks to provide a forum for businesses, civil society, investors, Governments and the UN to engage in meaningful dialogue that results in concrete action towards improving accountability, integrity and transparency within businesses and the countries in which they operate.