Blog | How to integrate the Sustainable Development Goals in corporate reports?

● The Sustainable Development Goals consider the main environmental, social, and economic challenges worldwide.

● Global Compact and GRI developed a guide to adequately report on progress against the SDGs.

The 17 Sustainable Development Goals (SDGs) were agreed upon by the United Nations in September 2015 and managed to bring together priority issues at a global level in environmental, social, and economic matters on the same agenda. Since then, the interest of companies to contribute to the SDGs has been increasing.

Currently, companies from all sectors integrate the SDGs in their annual reports and sustainability reports to inform all stakeholders their contributions to the goals established for 2030. However, they do not always manage to do it appropriately due to various factors such as poor understanding of the SDGs or lack of tools to measure and communicate their contribution to these goals.

Although, until now, there is no defined methodology to report on the contribution that each company makes to the SDGs, the Global Compact, in alliance with GRI, developed a guide to integrate this topic in the preparation of corporate reports to adapt to the characteristics of each organization and complement the reporting methodologies to which they are aligned. This guide consists of three simple steps:

  • 1. Define the priority goals of the SDGs: Carry out an assessment of the risks and benefits of the company's operations and identify the most relevant SDGs for its business model and those goals to which it can actively contribute.
  • 2. Measure and analyze: Based on the results obtained in the previous step, objectives should be established concerning the SDGs, select the appropriate indicators to measure progress and analyze the company's performance in terms of sustainability.
  • 3. Inform, integrate and implement the change: In the final phase, the information gathered about the SDGs can be reflected in the corporate report, through the compliance of best practices for the preparation of reports, as well as the information requests of the different stakeholders.

In addition to these steps, it is recommended to have comprehensive tools for data collection and management that, in addition to supporting companies in the preparation of sustainability reports, also help them measure their progress in each cycle, to comply with international standards and frameworks, as well as provide relevant information to their stakeholders.

If you are interested in delving into this topic, you can consult the complete guide to integrating the SDGs in corporate reports at the following link:áctica.pdf