SDGs and Profit Margins: Working in Parallel for Positive Growth

The Global Sourcing Council pursues profit with purpose through sustainable and responsible sourcing. 

From the GSC Team: 

The UN introduced the 17 Sustainable Development Goals in 2015.  It has given ventures of all sizes specific areas to focus on to develop responsible business practices aimed at improving the quality of life and safeguarding the environment for the entire world.  They are considered, by some, to be lofty, unattainable and impractical. But to others, they serve as inspirational challenges to run their enterprises in ways that maximize their human, technological and environmental assets in parallel with building economically viable companies that deliver strong profit margins.

Guest Editorial

Dr. Wanda Lopuch

Today we are closing 2018 by crossing the 20% milestone on the journey to achieve the 2030 Agenda for Sustainable Development.  We are 3 years into this journey framed by the 17 Sustainable Development Goals (SDGs). The 2030 Agenda, signed by 195 countries, is considered to be a monumental achievement in global collaboration.  The Private […]

Sustainable Development Goals and Global Supply Chains: Why is this not considered a more convenient marriage?

It has been three years and counting since the birth of the Sustainable Development Goals (SDGs). Adopted by the 193 Member States of the United Nations (UN) in September, 2015 SDGs are “… a plan of action for people, planet and prosperity …….. focused in particular on the needs of the poorest and most vulnerable and with the participation of all countries, all stakeholders and all people.”

Reports & Studies

Four in ten of the world’s largest companies already reference the UN’s SDGs in their corporate reporting … however, there is not yet an established process, benchmark or standard for reporting on the SDGS…
The SDGs remain an unprecedented opportunity for businesses to consider how they can support and benefit from sustaining robust economic platforms, health and prosperous communities, and a sustainable environment in which to thrive conditions.

 

News & Articles

By Niamh Michail Originally published on 12.6.18 by https://www.foodnavigator.com/ Farmlogics’ ag-tech give suppliers more control of their supply chains, aligning commodity procurements with the United Nations’ Sustainability Development Goals (SDGs), it says.
By Alyssa Danigelis Originally published on 12.5.18 by https://www.environmentalleader.com French luxury fashion and beauty company Chanel is investing in Sulapac, a Finnish startup that makes sustainable packaging from a trademarked biodegradable material.
Originally published on 12.1.18 by https://sfmagazine.com “This means business organizations and their leaders are increasingly asked to be a force for good in society by aligning their corporate purpose to sustainable strategy and business models.”

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