CSR and United Nation's Sustainable Development

Goals: Reconnecting businesses with society

What are SDGs?

Why do SDGs matter for business?

Approach to be followed

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In this presentation

Sustainable Developments Goals are a set of 17 ambitious goals with a total of 169 specific targets to be achieved by 2030, set up by United Nations Development Program (UNDP).

What are SDGs?

Why do SDG matter?

The business benefits for companies

SDGs and Businesses

SDGs present an opportunity for

companies to help advance sustainable

development

By integrating sustainability across the value chain, SDGs

help companies strengthen their economic performance through

resource efficiency, and switching to sustainable

alternatives

SDGs can help connect business

strategies with global priorities

Investing in SDGs helps stabilize

societies and markets through proper

governance.SDGs can strengthen stakeholder relations and helps to keep in

pace with policy developments

SDGs bring a synergy between partners to address the world’s

urgent societal challenges

SDGs help companies minimize negative impacts

and maximize positive impacts on the people and

the planet

SDGs helps in the identification of future

business opportunities. They also deliver

innovative solutions and transformative change

What are SDGs?

Understand the 17 SDG goals and their actionable targets.

Understanding the business case of SDGs

Understand the growth opportunities and ability to lower risk profiles with SDGs.

Baseline responsibilities of companies

Regardless of size, sector and location, companies need to comply with all relevant legislation.

Map value chain to identify impact areas

Map SDGs against entire value chain as the starting point for assessingimpact and defining priorities.

Select indicators and collect data

Identify one or more indicators for each area of potential high impact and use existing business systems and processes for data collection.

Define priorities

Identify priorities across the SDGs.

Define scope of goals and select KPIs

Define scope based on priorities and choose commonly used indicators as the KPIswherever possible.

Define baseline and select goal type

Define baseline for each goal and choose between absolute or relative goals.

Set level of ambition

Consult with all stakeholders for guidance.

Announce commitment to SDGs

Anchoring sustainability goals within business

Lead given by CEO and top management can enable business integration of sustainability goals.

Embed sustainability across all functions

Cross –functional sustainability teams are key to embedding sustainability in business strategy.

Engage in partnerships

Explore value-chain, sector and multi-stakeholder partnerships to address sustainability issues.

Effective reporting and communication

Use internationally-recognized standards for sustainability reporting such as GRI, CDP, UNGP Reporting, CDSB framework among others (comprehensive list is available at SDG Compass website)

Communicating on SDG performance

Discuss performance in the context of the expectations setby the SDGs, and also align disclosures with thelanguage of the SDGs to ensure a common dialogueamong stakeholders.

Understanding the SDGs

Defining priorities Setting goals

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Reporting & CommunicationIntegrating

What should be the approach?

How do you align SDG with your strategy?

Sustainable Development Goals- Kuwait

Source: SDG Index- UN Sustainable Development Solutions Network

On track Significant challenges in achieving the goals

Acute challenges in achieving the goals

Information not available

Kuwait ranked 100 out of 149 countries in Sustainable Development Goal (SDG) index

Kuwait (Rank 100)

How are you performing?

Oman (Rank 74)

Saudi Arabia (Rank 85)

Qatar (Rank 49)

Source:http://www.sdgindex.org/

Preliminary results

Source: SDG Index- UN Sustainable Development Solutions Network

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Bedanga Bordoloi Kuwait Country ManagerClimate Change & Sustainability ServicesEmail: bedanga.bordoloi@kw.ey.com Tel: :+965 99281932