Blog | Interception between UNSDG and ESG toward a more sustainable future

The United Nations Sustainable Development Goals (UNSDGs) and Environmental, Social, and Governance (ESG) factors are closely related concepts that can achieve sustainability in various areas of human activity. The UNSDGs are 17 global goals adopted by the United Nations General Assembly in 2015 to be achieved by 2030. They are intended to serve as a blueprint for countries and organizations to work towards a sustainable future. The ESG factors, on the other hand, are a set of criteria used to evaluate a company's impact on the environment, society, and governance.

The interrelation between UNSDGs and ESG factors is crucial for achieving sustainability. The UNSDGs provide a framework for setting goals and targets for sustainable development, while the ESG factors provide a tool for measuring progress toward those goals. In other words, ESG factors are the indicators that can be used to monitor progress toward achieving the UNSDGs.

ESG factors are critical in assessing a company's sustainability performance. They can evaluate a company's environmental, society, and governance impact. Companies that prioritize sustainability are more likely to meet the UNSDGs. For example, a company that uses renewable energy sources to power its operations will contribute to achieving UNSDG 7 (Affordable and Clean Energy).

Furthermore, companies prioritizing ESG factors are more likely to attract investors interested in sustainable investments. Many investors now use ESG factors to evaluate companies' sustainability performance and determine whether to invest in them. By prioritizing ESG factors, companies can tap into this growing investor interest in sustainability, leading to improved financial performance and increased access to capital.

In conclusion, the interrelation between the UNSDGs and ESG factors is critical for achieving sustainability. Companies prioritizing ESG factors are more likely to contribute to achieving the UNSDGs, attracting sustainable investors, and achieving long-term financial performance. Therefore, companies must adopt sustainable practices and prioritize ESG factors to contribute to a more sustainable future.