There is no single measure for SDG success for businesses but working towards making some level of ESG disclosure, carbon disclosure and tax transparent more common place is our aim in a broad way - as we have already with EU non-financial reporting, and public Country by Country tax reporting in certain sectors. So company reporting should try to align with SDGs and their financing.
Also in other SDG areas it would be best to align as much as possible with national SDG implementation plans in order to use similar measures as what governments are using in their statistical follow-up, or measures that somehow translate to governmental measures (e.g. lists of marginalised groups identified, themes for SDG measuring that are high-priority themes for government or global review). Also stakeholders are likely to monitor SDG success, e.g. health advocates, civil society, women’s organisations – and engaging with their priorities is a good idea of alignment. As civil society, we will measure SDG success based on government commitments made, e.g. correlating the expected need for more tax revenue mobilisation against targets to meet universal health that governments in Africa have agreed (Abuja targets on health financing being 15% of annual budget), or advocating a more equitable and effective tax collection under SDG 17.1.
Zahid Torres-Rahman said:
Thanks for the great discussion. Let's move on to our final question:
Q3: How can business best measure and communicate its contribution to the SDGs in the smallholder supply chain context?