Bhaskar Chakravorti: Senior Associate Dean and Executive Director, The Institute for Business in the Global Context, The Fletcher School at Tufts University
Ravi Shankar Chaturvedi: Associate Director, The Institute for Business in the Global Context, The Fletcher School, Tufts University
Hui Wen Chan: Vice President, Corporate Sustainability, Citi
Richard Gilbert: Challenge Director, Business and the SDGs, Business Fights Poverty
Julie Wallace: Global Head, Community Engagement, Standard Chartered Bank
Matt Gitsham: Director, Ashridge Centre for Business and Sustainability at Hult International Business School
The SDGs provide a framework for a global society to coordinate on finding a path to improving the human and planetary condition. A key point of departure in the case of the SDGs is that this coordination is no longer the exclusive domain of the heads of state or international agencies or development organizations, as it has been in the past. The private sector in all its forms—big business, the garage entrepreneur, the young person on the street armed with a mobile phone, the investor—has a seat at the SDG table to join in the problem solving.
With 17 goals and 169 targets, the SDGs are far from being manager-friendly; approaching the goals as a whole runs the risk of reducing the SDG agenda to an exercise. In order to make these goals more actionable, perhaps it is better to first view them as a logical system; for example, with some goals as endgames, others as essential building blocks, and yet others as enablers. Each company’s management must create its own pathway through the SDGs – where do you propose they begin?
1. Should a business start with the SDGs and look for opportunity, or start with existing business and sustainability strategies and build from there?
2. At a practical level, what do the SDGs add to existing business sustainability strategies? What should companies be doing differently as a result of the SDGs?
3. What tools do businesses need to facilitate deeper engagement with the SDGs? How should business report its contributions to the SDGs to meet the expectations of government and civil society stakeholders?
This discussion is part of a Challenge on embedding the SDGs into business with the UK’s Department for International Development, Pearson, De Beers and Cemex. This online discussion will inform the development of a guide for business managers. It will also feed into the Fletcher School's Annual Inclusion Forum (Inclusive Inc) happening in Boston later on Wednesday.