The Global Sourcing Council announces its 17/17 SDGs initiative to provide a communication platform and to highlight the importance of implementing the United Nation’s SDGs into a business strategy.
NEW YORK, NY (December 14, 2015) – The Global Sourcing Council (GSC) has launched the 17 Weeks/17 SDGs program in support of the Sustainable Development Goals (SDGs) adopted by 193 world leaders at the UN Sustainable Development Summit in September 2015.
GSC’s 17/17 initiative (download Prospectus) provides a platform for businesses to highlight activities around the SDGs in their sourcing and supply chains, with a focus on one SDG per week, for 17 consecutive weeks. This communication effort will educate and inspire real action in sourcing and supply chains around these important global goals. We invite leading sustainable organizations (and those that aspire to be sustainability leaders) to partner with GSC in making this vision a reality.
A key message of 17/17 is that businesses stand to gain from the Sustainable Development Goals. In the long run, businesses cannot succeed unless the world succeeds. More immediately, the SDGs provide a framework for innovation, new markets and new products, and aim to channel both public and private investment toward shared global priorities.
The “business case” for the SDGs includes: unlocking trapped value in emerging and frontier markets; gaining competitive advantage by declaring commitment to the Goals; inspiring employees, clients and communities with the broader vision of the Goals; and strengthening brand equity by taking leadership in sustainable development.
Louis D. Coppola, GSC Board Member and Co-Founder of The Governance & Accountability Institute, said, “The Global Goals are one of the most important considerations for companies developing their long-term sustainability program’s strategies, including for defining material issues, setting goals, engaging with investors and other stakeholders, and making critical resource allocation decisions over the next 15 plus years.”
Coppola added, “Determining which of the SDGs are material to your organization’s sustainability strategy is a critical step for companies that are established leaders in sustainability, or would like to establish themselves as leaders. It’s important to put your stake in the ground early and align your program with the SDGs, in order to succeed in the quickly changing global business environment. Making commitments with one or more material SDGs in your sourcing and supply chains is one of the most impactful ways you can help the world reach these goals by 2030.”
Major companies have already announced commitments on one or more SDGs, such as Philips on health (SDG #3), energy (SDG #7) and sustainable consumption and production (SDG #12), Dell on decent jobs (SDG #8), and DuPont on ending poverty (SDG #1) and hunger (SDG #2).
“The UN has created Goals that are broad and inspirational in nature. The trajectory for business in the 2030 Agenda is to embrace one or more SDGs into business strategies, translate them into operational targets and execute them in a transparent manner,” said Dr. Wanda R. Lopuch, the Chairman of the GSC Council. She added, ”Such a trajectory will result in discovering new markets, developing new products, expediting innovation and securing competitive advantage, all of which tend to result in profitable growth while delivering desired social and environmental outcomes.”
All companies are invited to utilize the GSC 17/17 SDG platform to communicate their experiences, commitments, goals, best practices and stories by sponsoring one or more SDGs that align with their business strategy. Please contact Louis Coppola or Wanda Lopuch to find out more about how you can help GSC educate and inspire action in sourcing and supply chains around the 17 Sustainable Development Goals (SDGs).
The GSC recently became a signatory of the United Nations Global Compact (UNGC), and hosted the GSC 3S Awards for sustainable and social responsible sourcing for 2015 at UN Headquarters in New York City.
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About Global Sourcing Council
The Global Sourcing Council (GSC) is a voluntary, public-private initiative, registered with the USA IRS as a non-profit 501(c)(3) organization. GSC is focused on sustainable, socially responsible sourcing practices. By bringing together businesses, industry organizations, academics and trade representatives of different countries, the GSC provides an open forum for discussion of social, economic and political effects of global sourcing arrangements.
About Sustainable Development Goals
The SDGs – part of the UN’s 2030 Agenda for Sustainable Development – build on the previous eight Millennium Development Goals (MDGs) ending in December 2015. They represent an unprecedented opportunity to bring the countries, business entities and citizens of the world together to embark on new paths to improve the lives of people everywhere. They will also reshape the practice of development globally, including the role of the private sector.