With an estimated $12 trillion USD resulting from revenue and saving associated with achieving the SDGs by 2030, realizing the vision for sustainable development could also make for a great business case. The SDGs explicitly recognize reporting: SDG target 12.6 encourages companies to integrate sustainability disclosure in their reporting cycles.
Taking sustainability reporting seriously means a change of management – a break from business-as-usual. It allows us to tackle sustainability issues in a managerial manner, whereas SDGs prompt us to rethink what and how to establish an organization’s sustainability roadmap.
Possible answers for reporting on SDGs:
1. Yes, the SDGs are global and provide a guiding framework of 169 targets and 230 indicators, yet not every goal and target is relevant to your organization. Pick the one most relevant for you. GRI can help with that by infusing the SDGs into the materiality process upfront and then again on the back end when setting goals.
2. Follow an incremental step-by-step approach to sketching out your roadmap instead of aiming too high. Nobody expects you to jump start with a comprehensive GRI report that covers all SDGs. Like other traditional management practices, it is a process of continuous improvement.
3. Use the SDGs as a common language and engine for institutionalizing sustainability agendas, especially in the context of international operations and its workforce. GRI complements the managerial component.