Global SDG Awards Competition to Increase Private Sector Engagement

Africa, Americas, Asia-Pacific, Europe, Middle East, News, March 19 2018



INTERNATIONAL: The Global SDG Awards, the first international, private-sector focused sustainability competition based on the SDGs, were launched at the GLOBE Forum 2018 from March 14th-16th in Vancouver, Canada. The competition will be open to companies and social enterprises with sustainability programs and business models geared towards realizing the SDGs.

David A. Klar, Global SDG Awards Executive Director, noted that, according to a PricewaterhouseCoopers (PwC) report, 62% of companies now include the SDGs in their annual sustainability reports. Despite this, he said that less than 30% of them have set specific SDG targets, and even fewer measure the success of their corporate responsibility programs with SDG indicators. He explained that the Global SDG Awards were created to address this challenge, recalling that achieving the SDG targets will require estimated annual incremental investments of US$5-7 trillion.

The Global SDG Awards will take place annually beginning in 2018, and will run through 2030.

Finalists for 2018 will be announced on 1 November, and the winner will be announced in February 2019.

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Excerpt from IISD SDG Knowledge Hub

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