Environmental, social, and governance (ESG) investing witnessed a breakthrough year in 2020 with the most fund inflows on record.
Importantly, for companies that are judged according to ESG metrics, one way to track their progress is through their alignment to the UN Sustainable Development Goals (SDGs).
Established in 2012, the UN SDGs are a blueprint for creating a more sustainable future by 2030 that have been adopted by 193 countries worldwide.
Investors and stakeholders pay closer attention to sustainability concerns, and they want to know how companies stack up in terms of alignment to the UN SDGs.
There are only 9 years left to align with the 17 UN Sustainable Development Goals (SDGs). Based on businesses’ current progress, this is NOT a lot of time.
MSCI assessed 8,550 companies worldwide to track how they’re working towards their SDGs. Overall, over half of the corporates investigated are NOT on the right path to attain the targets.
So, how do you stack up? Are you ready to fulfil your sustainability commitments? 2030 is closing in. Planet and people can’t wait any longer.
If you feel you’re lagging behind, let’s change gear. The Purpose Factory can help you to pole position in the race to zero.
Read the full article on: https://www.visualcapitalist.com/sustainable-development-goals/