The Sustainable Development Goals (SDGs), adopted by 193 countries in September 2015, outlines a framework for a better global future by 2030. The SDG framework provides a roadmap for businesses to take action on some of the most pressing issues confronting our world in the pursuit of a more prosperous, inclusive and peaceful world.
The Global SDG Awards were created to act as a catalyst for positive change. By turning sustainability into a competitive race to the top, the awards hope to increase the rate of SDG adoption, foster the inclusion of new reporting metrics based on SDG indicators and create a platform to recognize outstanding corporate efforts.
Early estimates suggest that achieving the SDG targets will require annual incremental investments of between $5 to $7 trillion USD. While the scale of this challenge is immense, private sector leaders are already embracing the SDGs. According to KPMG, approximately 2,500+ companies now include the SDGs in their annual sustainability reports. Another study estimates that the SDGs represent a $12 trillion market opportunity that could create 380 million jobs.