It has been five years since the United Nations General Assembly adopted the 2030 Agenda, which contains the 17 Sustainable Development Goals for a more developed and inclusive world, through 169 specific goals. Much progress has been made since 2015, but nevertheless, there is still a long way to go.
For the fulfillment of the 2030 Agenda of a global nature, the cooperation of international, national, regional and local governance systems is required, as well as that of companies and individuals, as citizens and as members of a global community. The cooperation discussed is included in chapter 17 of the SDGs since these will be achieved if global partnerships become strong.
Companies play a very important role, as they are one of the actors with the greatest contribution to the compliance with the SDGs, without their collaboration would not be possible.
Business activity cooperation should be seen as an opportunity for change and evolution towards a better world. Adopting and taking into account the SDGs by a company generates added value, since it is committed to improving business activity, improving processes, services, policies, products, competitiveness, reducing risks, etc.
Through reports such as the SDG Compass: The guide for business action on the SDGs, it is recommended that companies follow a process of action in five stages: 1. Understand the SDGs, 2. Analyze their possibilities and define priorities, 3. Set an action program, establish indicators and publicly announce the commitment acquired with the SDGs, 4. Integrate the program into the company and 5. Report and communicate the achievements. At the national level, 86% of companies are aware of and are committed to the 17 SDGs defined in the 2030 Agenda. Many companies have already started the path to a more developed and inclusive world, such as: Acciona (SDG 6,7,9,11,13), Iberdrola (ODS 7,13), Inditex (ODS 8), Repsol (ODS 17), Caixabank (ODS 1,8,12,17) or Endesa (ODS 4,7,8,13,9,11). Each of them sets its main focus on the SDGs that best fit with its business strategy and those that can most influence.
Global Compact is an international initiative that, among other aspects, aims to channel actions supporting the broader goals of the United Nations, including the Sustainable Development Goals (SDGs). The Global Compact apart from exercising a driving and guiding role for companies in the implementation of the 2030 Agenda, prepares annual reports to evaluate the progress of companies that are part of the implementation of the SDGs. This report has collected that the priority SDGs for companies are SDG 8 (Decent work and economic growth), 5 (Gender equality) and 3 (Health and well-being).