SDGSTOCKTAKE​THROUGHTHEEYESOFTHEPRIVATESECTORUnlessweactnow,the2030Agendawillbecomeanepitaphforaworldthatmighthavebeen.”AntónioGuterresUnitedNationsSecretary-GeneralUnitedNationsGlobalCompactPrivateSectorSDGStocktake3CONTENTSAnappraisalofprivatesectorcontributionstotheSustainableDevelopmentGoals(SDGs)inthefirsthalf(2015-2022),andaclearpathforwardforthesecondhalf(2023-2030).InpartnershipwiththeInternationalOrganizationofEmployers,InternationalChamberofCommerce,andWorldBusinessCouncilforSustainableDevelopment.SDGBusinessReport:OverviewofthePrivateSector’sContributionstotheSDGs(2015-2022)​13Overview14IndividualAnalysisofall17SDGs29ChartingthePathto2030:BlueprintforPrivateSectorActionontheSDGs(2023-2030)99Overview100PathwaysforChange101PolicymakerAsks143Appendix147References172Acknowledgments1844UnitedNationsGlobalCompactPrivateSectorSDGStocktake5FOREWORD:UNITEDNATIONSGLOBALCOMPACTSandaOjiamboAtthehalfwaypointto2030,theworldisnotontracktoachievetheSustainableDevelopmentGoals(SDGs)agreedin2015.Weareatacriticalmoment,andtheAssistantSecretaryworldmustchangecoursetoputsustainabledevelopmentbackontrack.​General,ExecutiveDirectorandCEOTheUnitedNationsGlobalCompact-AccentureGlobalPrivateSectorStocktakereportfindsthatwhiletheprivatesectorremainsconfidentintheSDGsasavisionforUnitedNationsthefuture,itislosingconfidenceinourabilitytoachievetheSDGsintheremainingtime.​GlobalCompactDespitestrong,positivecontributionstoeconomicgrowthandjobcreationbytheprivatesector,theseimpactsarecounteredbypowerfuldetrimentstoclimate,nature,waterandwaste-exacerbatingnetnegativeimpactsonglobalhealth,povertyandhunger.​RescuingandacceleratingprogressontheSDGswillrequireustosimultaneouslyexpandthebenefitsofcapitalismtomorepeople,transformitsbasistobemoresustainableandscaleupnewincentivesystemsthatshiftourfocustothelong-termbalancingofrisk,returnandSDGimpact.​TheUNSecretary-Generalhasmadeastrongcallforaccelerated,accountableandcrediblebusinessactioninlinewiththeSDGs.Inthisreport,wepropose10pathwaysforbusinessestotakeactiononthe17SDGs,recognizingtheimportanceoftheprivatesectorfocusingitsactionswhereitcanhaveanoutsizedimpact.​Thisshiftforourfutureisonlypossibleifallstakeholdersfromtheprivate,publicandnon-profitsectorsworktogethermorecloselywithaclearplaninmind.Businessleadersarecallingonstakeholdersfromthepublicsectorandthroughoutsupplychainstostepupambitionandenablechangethroughpolicyandpartnerships.​Incompilingthisreport,wearegratefultomanycolleaguesattheUNGlobalCompact,especiallySueAllchurch,SeanCruseandBoYang.WealsorecognizetheleadershipofourAccenturecollaborators,inparticularMichaelHughes,EmiliaHull,EvinHipple,NoahSpectorandDanielShropshall,fortheirinsightsandcontributions.​Furthermore,thisreportisatestamenttoourpartnershipwiththeInternationalOrganizationofEmployers,InternationalChamberofCommerce,WorldBusinessCouncilforSustainableDevelopmentandUNDepartmentofEconomicandSocialAffairs.Thestrengthofourglobalpartnershipwillbeacriticaldeterminantoffuturesuccess.​Finally,onbehalfoftheUNGlobalCompact,wewouldliketoexpressourprofoundgratitudetothebusinessleadersandotherstakeholderswhoparticipatedinformingthefindingsofthisreport.​Wearemovingevercloserto2030,andthestakesarehigh.Itistimefortheprivatesectortotakebold,ambitiousactionstomoveusforwardfaster.​6UnitedNationsGlobalCompactPrivateSectorSDGStocktake7FOREWORD:ACCENTUREStephanieJamisonTheprivatesectorisacriticalstakeholderinachievingtheSDGs–and,atthehalf-waypointtodeliveringthem,businessleaderswanttorisetotheoccasion.SustainabilityServicesLeadBusinessescontributetoall17SDGsandtheiractionswillbekeytomeeting–ormissing-thegoalsby2030.However,mostprivatesectorcontributionstodayAnastasiaMarceauarenotproperlymeasured,andasresultthebusinesscommunitystrugglestounderstand,report,andmanagetheirimpactontheSDGs.GlobalLeadInclusiveBusinessButthisischanging.Justfiveyearsago,usingmultiplelargedatasetstoanswerthekeyquestionoftheprivatesector’simpactontheSDGswouldhavebeenimpossible.Today,withadvancesintechnologyanddataanalytics,weareabletoexplorenewwaysofmeasuringtheSDGimpactofthousandsofindividualcompaniesinconsistentways,andexplorethisrelationshipwithESGreporting.Thisunlocksexcitingpossibilities.Thisreportisagoodexampleofwhatcanbeachieved,onhowthesenewtoolscanbeusedtogetabetterunderstandingaboutthestrongestcontributionsandalsonegativeimpactscompaniesaredriving.Itisalsoatooltoarticulateplanslikethe10keypathwaysdevelopedinthereporttoacceleratetheambitiousactionneededoftheprivatesector.WewouldliketothankthethreedataprovidersESGBook,Impaakt,andUtilfortheireffortsinpioneeringimpactmeasurement,providingaccesstotheirdata,andsupportingouranalysis.We'rethrilledtohavecontinuedourlong-standingpartnershipwiththeUNGlobalCompact,andthanktheirteamsforcollaboratingsowell.Inaworldwherepartnershipsarekeytocreatingoutsizedimpact,weareexcitedtocontinuetobeabletoworkcloselywiththeUNGlobalCompacttohelpacceleratechangeintheprivatesector.Thisanalysisisatasteofwhatdigitalinnovationisnowmakingpossible–theintegrationofrisk,return,andSDGimpact.AtAccenture,ourpurposeistodeliveronthepromiseoftechnologyandhumaningenuity.Iftheworldcanrealizethispromise,itispossibletoattainthesustainablefuturetheSDGsrepresent.8UnitedNationsGlobalCompactPrivateSectorSDGStocktake9EXECUTIVESUMMARYBasedonacombinationofinnovativedatasources,AcceleratingprogressontheSDGswillrequiretheprivatesectorthisreportmeasurestheglobalprivatesector'simpacttosimultaneouslyexpandthebenefitsofmarketstomorepeople,ontheSDGsforthefirsttime.Strongpositivecontributionstransformeconomiestobemoresustainableandscaleupnewtoeconomicgrowthandjobcreationarecounteredbyincentivemodelsthatshiftourfocustothelong-termbalancingpowerfuldetrimentstoclimate,nature,water,andwasteofrisk,returnandSDGimpact.–exacerbatingnetnegativeimpactsonglobalhealth,poverty,andhunger.Tochartthepathto2030,werecommend10keypathwaysforward:​Atthemidpointbetween2015and2030,85%ofallAnalyzingSDGimpactdatauncoversthatthe1.Recommittothebasics​SDGindicatorsareofftrackandnoneoftheSDGsprivatesector’sgreatestcontributiontothe2.Providealivingwage​areontrackforachievementby2030,accordingtoSDGshasbeenthroughcreatingemployment3.Promotegenderequality​the2023SustainableDevelopmentReport.​opportunitiesandadvancingeconomicgrowth.4.Innovateresponsibly​However,thisgrowthhascomeatacost,namely5.Accelerateclimateaction​TheUnitedNationsGlobalCompact-Accenturetotheenvironment.Negativeenvironmental6.ImprovewaterresiliencePrivateSectorSDGStocktakereportexaminesthefactorsarealsofurtherdrivingsocialdisruption7.Protectandrestorenature​impactoftheprivatesectorontheSDGsthusfar,inpoverty,hunger,healthcare,andglobalpeace.8.Investincircularity​andhowtheycanaccelerateactionmovingforward.9.Committosustainablecorporatefinance​ThefirstpartofthereportprovidesadetailedlookThisreportfindsthatbusinessleaders'attentionon10.Strengthensustainabilityleadership​intotheprivatesector’scontributionacrossall17theSDGshasfalleninrecentyears.Furthermore,SDGs.BycombiningnewmeasuresofSDGimpactconfidenceintheviabilityofachievingtheSDGsDisclaimers:(1)werecognizemanyactionscanbetakentoadvancetheSDGs.WefocusanalysiswithESGreporting,earningscalltranscriptiswaning.Whilenearlyall(94%)businessleadersoncross-industryactionsonly.(2)thisreportisbiasedtowardsbusinessesbasedintheanalysis,economicimpactassessments,andabelieveinthevisionoftheSDGs,onlyhalf(49%)ofGlobalNorthbasedonsurveyrespondentsanddataavailability.Ouranalysisisintendedsurveyofover2,800businessleaders,thisreportthembelievethattheworldwillachievetheSDGstoberelevanttobusinessesofallsizesacrossallcountries,andwerecognizethattheproducesacomprehensivelookintohowtheprivateby2030.GlobalSouthisespeciallyvitaltoachievingtheSDGs.sectorhascontributedtotheSDGssofar.Theprivatesectorneedstostepup.WhiletheUnitedNationsGlobalCompactPrivateSectorSDGStocktake11Thesecondhalfofthereportoutlinesablueprintformajority(81%)ofbusinessleadersbelievetheiractionlookingaheadto2030.BuildingontheUnitedbusinessesaredoingenoughtocontributetotheNationsGlobalCompactForwardFasterpriorities,SDGs,fewer(62%)feelthattheirindustryisdoingthereportpresentsapracticalframeworkforbusinessenough,andonlyhalf(48%)statethattheprivateleaderstocreateanoutsizedimpact.Thereportsectorisdoingenough.Furthermore,almosthalfconcludesbyexploringbusinessattitudestoa(44%)ofbusinessleaderslooktogovernmentscollectionofimportantpublicpolicyinterventionsasthekeystakeholdertheywouldliketoengagethatcouldaccelerateSDGaction.morewhenitcomestoSDGaction.10SDGBUSINESSREPORT:OVERVIEWOFTHEPRIVATESECTOR’SCONTRIBUTIONSTOTHESDGS(2015-2022)UnitedNationsGlobalCompactPrivateSectorSDGStocktake13ATTHEMIDPOINTTO2030,BUSINESSPLAYSAKEYROLEINPROGRESSINGTHESDGSTHESDGsAREINPERILTheprivatesectorisacriticalcontributortoSDGBusinessesalsorecognizetheirroleandresponsibilityAtthecurrentrateofchange,85%ofSDGtargetsSDGfinancinggapto$11–15trillionperyear,progress.ThisreportisdedicatedtoassessingthewhenitcomestotheSDGs.WhendetermininghowareofftrackandnoneoftheSDGsareontracktoorfourtimesgreaterthancurrentspendinglevelsprivatesector’scontributionsthusfar,andhowtheycanbestcontributepositivelyintheremainingachieveby2030,accordingtothe2023SustainableaccordingtothelatestestimatesbytheForceforactioncanbeacceleratedmovingforward.​time,theylooktodoubledownontheirkeystrengths.DevelopmentReport.1​GoodInitiative.2​Inaglobalsurveyofover2,800businessleaders,EverybusinesscontributesbothpositivelyandrespondentsstatedthattheirgreatestcontributionsGlobalshockssuchastheCOVID-19pandemic,Assessingtheprivatesector’scontributionnegativelytotheSDGs.WhilenoteverybusinesstotheSDGscanbethrough:(1)poweringinnovationthewarinUkraine,highlevelsofinflation,andtoachievingtheSDGssince2015requiresaplayseachroleoutlinedbelow,theprivatesectorin(25%),(2)creatingdecentjobs(21%),(3)improvingextremeweathereventshavedramaticallyslowedcomprehensiveresearchapproach.First,itistotality–acrossindustries,countries,andbusinessenvironmentalstewardship(13%),and(4)influencingorreversedprogressontheSDGs.Millionsofimportanttodefinetherolethattheprivatesizes–contributestotheSDGsviatheseroles.​globalsupplychains(12%).peoplehavebeenpushedintoextremepovertyandsectorplaysinachievingtheSDGstounderstandhunger,experienceddisruptionstoeducationandhowbusinessescontributetotheSDGs.Second,KEYROLESBUSINESSPLAYINCONTRIBUTINGTOTHESDGSlostaccesstoroutinehealthservices.​andoncerolesaredefined,itiscriticaltoidentifytheareaswherebusinesseshavefocusedandtheROLEILLUSTRATIVESTATISTICSThesesetbacks,alongwithhistoricunderspendingbarriersthattheyfaceincreatingapositiveimpactInnovatorandcondensedtimescaleshavenowwidenedtheonindividualSDGs.$16trillionwillbeaddedtoglobalGDPby2030duetoartificialEmployerintelligence(AI)adoption390%+ofalljobsinLMICsarecreatedintheprivatesector415%85%ofthe169EngineofGrowthOver60%of$106trillionglobalGDPisdrivenbyprivateEnvironmentalStewardsectoractivity5StatusofSDGtargetsareshowingInvestor169SDGeitherlimitedornoprogressProducerofGoods&Services40%ofGHGemissions6comefromlistedcompaniesandTargetsorareversalinprogress70%ofwater7isusedbyfarms(2023)AchievedorOnTrackUnder1%ofliquidassetsareinsustainableinvestments:85%weneeda50Xincreaseby20308LimitedorNoProgressOver80%ofproductioninLMICsisprivatesectordriven9ReversalinProgressPolicyInfluencer$4billionisspentonlobbyingannuallyinUSAalone;upfromSkill-Builder$3.2billionin201510SupplyChainInfluencerTax-Payer70%+ofbusinessesgloballystartedspendingmoreonskillingsincethepandemic1180-90%+ofenvironmentalimpactsarenotindirectoperationsbutinsupplychains12$10trillionispaideveryyearinpayroll-,valueadded-,property-andcorporatetaxes1314SurveyQuestion:Betweennowand2030,howcanyourcompanymakeitsgreatestcontributiontotheSDGs?Rank1-3.Percentagesreflectthenumberofresponsesthatselectedeachas#1UnitedNationsGlobalCompactPrivateSectorSDGStocktake15LEADINGORGANIZATIONSTHEPRIVATESECTORBELIEVESINTHESIGNALTHEYAREALREADYVISIONOFTHESDGs,BUTCONFIDENCETAKINGACTIONINACHIEVINGTHEMISWANINGBusinessleadersbelieveintheworldviewimaginedbytheSDGs.Yetdespitegrowingfocusandincrementalprogress,businessleadersarenotconfidentintheglobalpopulation’sabilitytofollowthroughandachievetheSDGsby2030.95%understandhowtheirbusiness91%haveapubliccommitmenttowardBUSINESSBELIEVESINTHEVISIONOFTHESDGsBUTCONFIDENCEISLOW​impactstheSDGsoneormoreoftheSDGs94%96%→49%ofbusinessleadersofbusinessleadersbelieveofbusinessleadersbelievebelievethattheSDGsthattheprivatesectortheworldwillachievetherepresentaunifyingplaysacrucialroleinSDGsby2030​globalvision​achievingtheSDGs​79%haveidentifiedabusinesscase78%havechangedtheirproductorBUSINESSLEADERSLOOKTOPEERSTOSTEPUPforadvancingatleastoneSDGserviceofferingstoalignwithatleastoneSDGDespitehighconfidenceintheirowncontributionstotheSDGs,businessleadersarelessconfidentBUSINESSLEADERS'CONFIDENCEINPOSITIVEintheirpeers'contributions.ThiscouldpotentiallyCONTRIBUTIONACROSSTHEPRIVATESECTORshowcasea'shifttheblame'mentality.48%62%81%Furthermore,optimisminactionssharplycontrastwithreality,where85%ofthe169SDGtargetsareThePrivateSectorMyIndustryMyCompanyofftrack.Leaderscouldthereforebeshowinganoptimismbias.Overall,whileindividualactionsareneededtoachievetheSDGs,thereneedstobegreatercollaborationandengagementacrosstheecosystem.SurveyQuestion:HowmuchdoyouagreeordisagreewiththefollowingstatementsontheSDGs?SurveyQuestion:Howmuchdoyouagreeordisagreewiththefollowing16statementsontheSDGs?(___isdoingenoughtocontributetotheSDGs)UnitedNationsGlobalCompactPrivateSectorSDGStocktake17SDGSAREONTHERISE,BUTSTILLNOTAPRIORITYFORLEADERS,BUSINESSESFACECYCLICALANDSTRUCTURALBARRIERSANDFURTHERTHREATENEDBYRECENTCRISESTHATIMPACTTHEIRABILITYTOCONTRIBUTETOTHESDGs​INVESTORATTENTIONONTHESDGsMENTIONSOF‘SDG’ONEARNINGSCALLS,SurveyQuestion:HowmuchofanimpactdoeseachofthefollowingROSEBETWEEN2015AND2021,BUT2015-2022haveonyourcompany’sabilitytocontributetotheSDGs?HASSINCESHIFTEDDUETOCOVID-19ANDTHEWARINUKRAINESource:CBInsightsCYCLICALBARRIERSIncreasingfocusontheSDGsinbusiness277leadersdiscussionswithinvestorsisreflectedinearningscalltranscripts.189175Between2015and2021,thenumberofmentionsoftheSDGsincreasedsevenfold.​155Inflation89%78%Yetfocushasfallenbymorethanonethird,34325644Interest79%TheriseofconcurrentasacombinationofglobalchallengesRates71%crisesisaffectingtheincludingthepandemic,thewarinUkraine20152016201720182019202020212022economyworldwide.andrisinginflationhavedistractedbusinessTotalSDGMentionsonEarningsCallsCompetingAsinflationandinterestleaders'scarceattentionfromtheSDGsPrioritiesratesrise,leadersfaceatpreciselythetimewhengreaterfocusiscompetingprioritiesthaturgentlyneeded.GeopoliticalaredrawingattentionInstabilitiesawayfromtheSDGs.PRIORITIZATIONOFTHESDGsMENTIONSOFTECHNOLOGIES&SDGSDURINGISNOTONPARWITHEMERGINGEARNINGSCALLS,2015-2022TECHNOLOGIESSource:CBInsightsDespitegrowingfocusontheSDGs,theyarestillnotapriorityformanybusiness4000STRUCTURALBARRIERS​leaders.Whencomparedtothelatestslateofemergingtechnologies,theSDGs3500Inabilityto87%registersignificantlylessinterestininfluence85%earningscalls.​300082%However,thereareunderlyingsupplychain80%structuralproblemsthatareMorespecifically,digitaltransformation2500preventingcompaniesfromhasreceivedalmost18timesmoreLongpaybackprioritizingtheSDGs.Namelyattentionandblockchainhasreceived2000periodsalackof(1)incentives,asnearlyfourtimesmoreattentionthanpaybackperiodsarelongtheSDGsininvestorconversations.Ifthe1500LackofandsupportivepoliciesareprivatesectoristomakeanycontributionSDGimpactinsufficient,and(2)abilitytototheSDGs,businessleadersmust1000measurementusedatatodrivekeydecisionsmeaningfullyprioritizetheSDGsinandinfluencesupplychainsstrategicconversations.500&dataintotakingaction.​0Lackofpolicyincentives20152016201720182019202020212022DigitalTransformationBlockchainSDGArtificialIntelligenceMetaverseSource:UNGCPrivateSectorStocktakeSurvey(n=2,859)​18UnitedNationsGlobalCompactPrivateSectorSDGStocktake19userid:246491,docid:145690,date:2023-11-14,sgpjbg.comBUSINESSESSTRUGGLEWITHTHESDGsWIDERUNDERSTANDINGANDMEASUREMENTOFSDGIMPACTDespitetheriseofsustainability,businessleadersWILLUNLOCKFUTUREPROGRESShavestruggledtomeasureandunderstandtheirbusinesses’impactontheSDGs.PrivateToensureclearmeasurementandreporting,itissectorfocusonsustainabledevelopmentisimperativethatleadersbegintocomplementESGpredominantlycenteredonESGregulation.Thisismetrics,whichfocusonreducingsustainabilityreflectedinearningscalls,duringwhichthetermriskstobusiness,withSDGimpactmetrics,‘ESG’ismentioned46timesmorethan‘SDG.’focusedonoptimizingpositivecontributions.​BusinessleadersneedthetoolsandeducationtounderstandhowtheirbusinessesimpacttheSDGs.BridgingthegapbetweenESGandSDGwillenableforrapidadoptionandbetterimpactmeasurementTHERISEOF‘SDG-WASHING’andreporting.LeveragingtheprogressinESGmetricswillallowformoreaccurateestimationWithnoclearbusinessmetricstiedtotheSDGsorofSDGprogressandprovidebusinesseswithstandardizedreportingonSDGimpact,therehasclear,measurablegoalswhichcanultimatelybebeenarisein'SDGwashing'.​integratedintoaccountingandtaxationsystems.​MisallocationofimpactcouldbeduetoadeeperManyorganizationsarenowworkingonnotonlymisunderstandingonthepartofthebusinessESGmeasurement,butalsothetie-intothecommunityofhowactionsrelatetotheSDGs,asSDGs.Thishasleadtoariseofanewindustrywellastheinabilitytoproperlytrackandmeasurearoundsustainabilitymeasurement,withmultipleimpactdata.innovativenewplayers.Thisreportisjustapreviewofwhatisbecomingpossible,transitioningHowever,itcouldalsobetheproductofthetoa‘risk,returnandSDGimpact’mindsetacrosscurrentsystem.Incentivesintheprivatesectortheglobalprivatesector.areoftenorientedonshort-termprofitabilityanddonotencouragelong-termimpact.Thetendencytoover-valueshort-termprofitsoverlong-termimpactisastructuralandpsychologicalbarriertomeaningfulcontributionstotheSDGs.Thiscanleadtobusinessesover-statingtheimportanceofrelativelysmallpositiveimpacts,whileignoringtheirlackofmeasurementandsignificantinvestmenttotacklelargernegativeimpacts.20UnitedNationsGlobalCompactPrivateSectorSDGStocktake21NEWAPPROACHESTOSDGIMPACTMEASUREMENTAREEMERGING,THEPRIVATESECTOR’SBIGGESTPOSITIVEIMPACTSAREPOWERINGENABLINGDATA-DRIVENINSIGHTSONPRIVATESECTORSDGCONTRIBUTIONSGROWTHTHROUGHCREATINGJOBS,BUILDINGSKILLS,INNOVATING,ANDINVESTINGININFRASTRUCTUREInthisreport,wecombinethreedatasourcestoderiveinsightsandformacompositeWHATISTHEBALANCEWHATISTHEBALANCEHOWMANYRELEVANTpictureofSDGimpacts,recenttrendsandhowthislinkstoESGmetrics.OFPOSITIVEANDOFPOSITIVEANDITEMSAREREFLECTEDNEGATIVEIMPACT?​NEGATIVEREVENUE?​INESGMETRICS?​Provider8DescriptionCrowdsourcedratingsAI-poweredscanofMappingofESGmetrics22ApproachofSDGimpactbasedpeer-reviewedjournalstotheSDGstouncoveronsustainabilityandtoquantifytheimpactofhowwellESGreportingExamplebusinessthemes.​revenueontheSDGs​.coversSDGimpact​.1.2million120million200+51AssessmentsdonebyaAcademicarticlesareESGmetricsaremapped15communityofover50,000scannedtoidentifythetotheSDGstoidentifycontributorsthatscoreimpactofproductsandhowwellESGreportingiscompaniesonthevalueandservicesoneachofalignedtotheSDGsandscaleoftheirimpactacrosstheSDGs.Impactsarewherereportingislacking.1640+topics.AggregateattributedtorevenuetoscoresinthereportarethequantifyimpactineasilyHowmanyrelevantweightedaverageofeachunderstoodterms.15itemsarereflectedanalysisforthatcompanyorinESGmetrics?​thattopic,weightedbythescaleofeachanalysis.14WhatisthebalanceofWhatisthebalanceof38positiveandnegativepositiveandnegativeimpact?​revenue?​6KeyInsightsInvestmentsinupskillingAllsectorscontributetoProgressonwages,employeeemployeesaredrivingaworkandgrowth.safetyandhumanrightsareKeyInsightsBasedonhumanexpertsBasedonalgorithmsBasedonAccenturepositiveimpactineducation.significantfocusareasinESGscoringthemes,whichscoringproductimpactsanalysistomapastandardEducationimpactsaremostlyreporting(with51metrics).considerimpactsofandweightingthissetof200+ESGmetricstoTheprivatesectorisdrivenbyICT(EdTech)&employment,products,bywhererevenueisthe17SDGs,onlysixrelateadvancingcleanenergyandFinancials(studentloans).Thereislimitedfocusonprocesses,philanthropygeneratedandwheretoSDG1(i.e.itgetslittleinfrastructure.educationandskilling(withandtaxonSDG1,theSDG1needsaregreatest,focusrelativetootherSDGs)​.Fourkeysectors–Extractives,only8metrics),despitethenetimpactoftheprivatenetrevenuealignmentisTheprivatesectorisdrivingInfrastructure,Manufacturing,criticalityofthesetopicssectoris'verypositive’.​'somewhatnegative’​.jobcreation,yetthequalityisandTransport–aredrivingtolongtermbusinesssometimesdeclining,leadingpositiveimpactsonsustainability.tomixedimpact.infrastructureandcleanenergy,yetairpollutionisnegativelyaffectingcities.KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeDisclaimer:anyuseoftheseprovidersdoesnotsuggestendorsementnorinvolvementoftheUNGlobalCompactintheirUnitedNationsGlobalCompactPrivateSectorSDGStocktake23methodologytoscoreand/orassesscompaniesontheirimplementationoftheTenPrinciplesandcontributiontotheSDGs.22GROWTHHASBEENACHIEVEDATUNSUSTAINABLECOSTS–THEPRIVATEENVIRONMENTALDAMAGEISDERAILINGPROGRESSONSOCIALGOALSSECTOR’SMOSTNEGATIVEIMPACTSAREEVIDENTACROSSCLIMATE,ANDTHEPRIVATESECTOR’SIMPACTSONPOVERTY,HUNGER,HEALTHWASTE,WATERANDNATURECAREANDPEACEAREMIXEDWHATISTHEBALANCEWHATISTHEBALANCEHOWMANYRELEVANTWHATISTHEBALANCEWHATISTHEBALANCEHOWMANYRELEVANTOFPOSITIVEANDOFPOSITIVEANDITEMSAREREFLECTEDOFPOSITIVEANDOFPOSITIVEANDITEMSAREREFLECTEDNEGATIVEIMPACT?​NEGATIVEREVENUE?​INESGMETRICS?​NEGATIVEIMPACT?​NEGATIVEREVENUE?​INESGMETRICS?​22674437362869KeyInsightsVerypositiveimpactsonpovertyNegativeimpactsonpoverty,Povertygetsrelativelylittleviajobcreationinlow-andhungerandhealtharedrivenfocusasprivatesectoraction35middle-incomecountries.byclimatechangeandeffectsislimited.suchasairpollutionandPositiveimpactsonhungercropfailures.Peaceandjusticegetsaduetoagriculture.veryhighfocus,asthisgoalcoverskeygovernanceKeyInsightsForallfiveSDGs–manyAlmostallrevenue,whichAlltheseSDGsarefairlytopicsincludingtax,bribery,positiveimpacts(e.g.productsrepresentsproductsandwellrepresentedinESGcorruptionandhumanrights.thatcutwateruseorGHGservices,isnegativelyalignedmeasurement,showcasingMixedimpactsonhealthemissionreductions)arebeingduetothelackofpricingtheprogressinenvironmentalbetweenvaccinesandR&D,offsetbythescaleofdamageofexternalities,leadingtosustainabilityreporting.andheatstressandairpollution.beingcaused.negativeSDGimpacts.ResponsibleconsumptionSomewhatnegativeimpactsandproductioninparticularonpeaceandjusticefromstandoutasakeySDGforlobbying,corruption,andbribery.theprivatesector.KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeNote:seeAppendixfordetailsonmethodologyandscoringthresholdsUnitedNationsGlobalCompactPrivateSectorSDGStocktake2524THEBENEFITSOFGROWTHHAVENOTBEENSHAREDEQUALLY–PRIVATEPARTNERSHIPSAREABRIGHTSPOT–THEPOSITIVEIMPACTSACHIEVEDSECTORIMPACTONGENDEREQUALITYANDINEQUALITYHASBEENMIXEDINTHEFIRSTHALFCANBEBUILTUPONANDACCELERATEPROGRESSINTHESECONDWHATISTHEBALANCEWHATISTHEBALANCEHOWMANYRELEVANTWHATISTHEBALANCEWHATISTHEBALANCEHOWMANYRELEVANTOFPOSITIVEANDOFPOSITIVEANDITEMSAREREFLECTEDOFPOSITIVEANDOFPOSITIVEANDITEMSAREREFLECTEDNEGATIVEIMPACT?​NEGATIVEREVENUE?​INESGMETRICS?​NEGATIVEIMPACT?​NEGATIVEREVENUE?​INESGMETRICS?​1331KeyInsightsPartnershipsaredrivingFinancialsectordrivespositivePartnershipsarerelativelypositiveimpactsoverall,impactviaforeigndirectwellrepresentedwithinESG36stemmingfromincreasinginvestment,remittances,reporting–encouragingthecross-industrycollaborationsustainabilityfinanceprivatesectortoimprovetheirKeyInsightsDespiteprogressingender,HealthandConsumerGoodsGenderandInequalitygetsaswellasmulti-stakeholderandresponsibleinvestingsustainabilityengagementoverallimpactremainsdrivepositiveimpactsonmoderatefocusinESGcoalitions.movements.withlocalcommunities,negativeduetofewwomeninGenderbyproducingfemalereportingwith13and36governmentsandsuppliersmanagement,limitedaccesshygieneandreproductivemetricsrespectively.CorporateSocialICTandInfrastructuresectors(e.g.onclimateanddiversitytoflexibleandremotework,healthproducts.Responsibility(CSR)spendingdrivepositiveimpactsduetotargets).andlargeandpersistentThisishelpingtoimprovealsodrivespositiveimpact.expandingmobilenetworkgenderpaygaps.ICTandFinancialServicesthemonitoringofcriticalandinternetcoverage.drivepositiveimpactsonchallengessuchasgenderMixedimpactsoninequalityGenderandInequalityduetopaygaps,theportionofConsumerGoodsdrivesareduetopersistentbiasandremotework,e-commerce,staffonminimumwages,positiveimpactwithsupplyharassmentinwork.Productsfinancialinclusion,micro-theportionoffemalestaffchainandlabelinginitiatives.arebeingdesignedmorefinance,micro-insurance.andportionofwomenininclusivelyandwithbettermanagementetc.acrossaccessibilitystandards.theprivatesector.82%agreedthattheir80%saidthattheir79%statedthattheirindustryiscollaboratingcompanyisactivelycompanyisactivelyforpositiveprogressoninvolvedincross-sectorinvolvedinmulti-sectoraltheSDGspartnershipsforpositivepartnershipsforpositiveprogressontheSDGsprogressontheSDGsKEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegative26UnitedNationsGlobalCompactPrivateSectorSDGStocktake27THEPRIVATESECTORHASPOWEREDECONOMICGROWTHANDJOBCREATIONATTHEEXPENSEOFENVIRONMENTALANDSOCIALPROTECTIONSDGIMPACTREVENUEESGMETRICSECONOMICGROWTH04:QualityEducation8INDIVIDUAL07:AffordableandCleanEnergy22SDGANALYSIS08:DecentWorkandEconomicGrowth5109:Industry,InnovationandInfrastructure15WewilldeepdiveintoeachindividualSDG11:SustainableCitiesandCommunities38tobetterunderstandtheprivatesector'sENVIRONMENTALSTEWARDSHIPimpact.Eachanalysiswillinclude:06:CleanWaterandSanitation22•TheglobaloutlookoftheSDG​12:ResponsibleConsumptionandProduction74•Theprivatesector’skeycontributions​13:ClimateAction37•Adeeperanalysisoftheimpactand14:LifeBelowWater2815:LifeonLand35revenuealignmentHUMANWELLBEING01:NoPoverty6UnitedNationsGlobalCompactPrivateSectorSDGStocktake2902:ZeroHunger403:GoodHealthandWell-Being3616:Peace,JusticeandStrongInstitutions69INEQUALITY05:GenderEquality1310:ReducedInequalities36PARTNERSHIPS17:PartnershipfortheGoals31KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeNote:seeAppendixfordetailsonmethodologyandscoringthresholds28NOPOVERTYKEYPRIVATESECTORCONTRIBUTIONSSignificantChallengesStagnatingESSENTIALPRODUCTSACHIEVEMENTS&SHORTFALLS​Theworldismoderatelyofftrack15.2%ofpeopleearnbelowGlobally,7billionpeopleliveonlessthan$30/day,23In2011,only42%ofpeopleindevelopingcountriestoachieveSDG1andprogress$3.65/day(basedon2017including5billionpeoplelivingonlessthan$10/day.24hadabankaccount.By2021,71%did.27isstagnatingPPP)(2023)17Thesepopulationsneedgreateraccesstobasic7.5%ofpeopleearnbelowproductsandservices,includingaffordablefood,Whileaccesstofinancialserviceshasgrownrapidly,Theworldisnotontracktoendpovertyinallitsforms$2.15/day(basedon2017electricity,education,connectivityandfinancialservices.indicatorsoffinancialproductusageandfinancialeverywhereby2030.TheCOVID-19pandemicerasedPPP)(2023)18Theprivatesectorperformsacriticalroleinservingresilienceorhealthstilllagnotably.morethanfouryearsofprogressagainstpoverty,withthesediverseneeds,andindoingsohashelpedtoliftpovertyratesrisingforthefirsttimeintwodecadesGLOBALOUTLOOKhundredsofmillionsoutofpovertysince2015.While40%oftheworld’spopulationremainsofflinebecausebetween2019and2020,pushing8millionadditionalgreatprogresshasbeenmade,thereisanurgentneedtheycan’taffordhandsets,datachargersorfaceotherworkersintopoverty.Thisunderscorestheurgencyof575million​toreplicatesuccessfulbusinessmodelsandpublic-barrierssuchasdigitalilliteracy.28thechallengeandneedforaction.privatepartnershipstoensureno-oneisleftbehind.peoplewillstillbelivinginextremepovertyInremoteruralareasandurbanslums,vastpopulationsFormoreinformationontheSDGprogressscoringmethodology,ifcurrenttrendscontinue.97millionpeoplearebeingleftbehindandspecificsolutionsareoftenpleasevisithttps://dashboards.sdgindex.orgwerepushedintoextremepovertyin2020needed.Onebillionpeopleliveinslums29andanotherbillionbythepandemic.19livemorethantwokilometersawayfromall-weatherroads.302of3countries​1in3peoplestillcannotaffordahealthyfoodintake.31Foodpricevolatilityhashaddevastatingimpactsonwillmissthecriticalgoalofhalvingtheirthehundredsofmillionslivinginextremepoverty.nationalpovertylevelsby2030ifcurrenttrendscontinue.20LIVINGWAGESACHIEVEMENTS&SHORTFALLS​1in6Theprivatesectorcreates90%ofjobsindevelopingUptakeofdigitallearningisrapidlyexpandingworldwide,countries,25butbusinessesmustgofurthertoensurewithlearninghoursfortechnicalskillsandthenumberofchildrenaregrowingupinextremepovertyworkersandtheirfamilieshaveadecentstandardonlinelearnersincreasingin2022.globally,greatlystuntingtheirhealth,learning,ofliving.Overonebillionworkingpeopleworldwide,Sofar,only4%ofcompaniesclaimorintendtopayasocialandeconomicopportunities.21representing1/3ofallworkers,earnlessthantheylivingwage.32needtoaffordadecentstandardofliving.26AstheOnly10%oftheworld’slargestagriculture,mining,orICT350largestsourceofemployment,theprivatesectorplayscompanieshavecertifiedlivingwagecommitments.33animportantroleinimprovingworkingconditionsfornewsocialprotectionmeasuresacross105workersglobally.Ensuringthatallworkersarepaidcountrieswereannouncedin2022alone.alivingwagethatenablesthemtomeettheirbasicHowever,over4billionpeopleworldwideneedsisfundamentaltoensuringapeople-centeredstillhavenosocialprotection.22sustainabilityapproachthatleavesnoonebehind.WHAT’STHEPRIVATESECTORMEASURING?LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:63of6SAMPLEESGMETRICS1.EmployeesearningminimumwageTotalstandardESGAveragenumberofSDG1metricsthatlinktoSDG1ESGmetricsreportedby2.ProgramsorinitiativestofacilitatecompaniesintheESGBooksampleaccesstohousing3.Programsorinitiativestofacilitatefinancialinclusion30UnitedNationsGlobalCompactPrivateSectorSDGStocktake31NOPOVERTYPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonalleviatingpovertyisverypositive,Incontrasttonetpositiveimpact,revenuealignmentwithpovertyreflectingtheprivatesector’spowerofjobcreation,especiallyalongissomewhatnegativeandstagnating,reflectingtheroleofclimatesupplychains.impactsonincreasingpoverty.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG1TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Food&BeverageVeryPositiveRaisingincomesbymakingproductsmorewidelyaccessibleTotalFrombicyclesandelectricitytoloansandcellphones,avastrangeof$84.1trillion5.6%2.3%Thereare608millionfamilySomewhatPositiveproductsandserviceshasbeenmademoreaccessibletopeoplewithfarmsworldwide,and78%ofthelowincomestolifthundredsofmillionsoutofpovertysince2015.ConsumerGoods3.2%2.5%world’sextremepoorliveinruralNeutral$7.7trillionareas.TheWorldBankestimatesForexample,thecreationofdroughtresistantseeds,low-costfertilizer,15.9%0.2%thatimprovinggrowthratesinSomewhatNegativeandaffordablefarmmachineryhasenabledsmallholderfarmerstoraiseExtractivesagricultureis200%–400%moretheirincomes.Smallholderfarmersrepresentalargepercentageofthe$13.8trillion0.9%3.7%effectiveinraisingincomesforVeryNegativeglobalpopulationlivinginextremepoverty.theextremepoorcomparedtoFood&Beverage1.0%6.8%equivalentrisesinothersectors.38Theadventandgrowthoftheinternethasintroducedanotherenabler$5.7trillionforraisingincomesglobally.Since2015,300millionpeopleperyear0.1%1.1%FinancialServiceswereconnectedtotheinternet.34Moreover,internetaccessinruralareasFinancialServicesincreasedfrom31%to46%inthelastthreeyearsalone,givingvast$14.7trillion6.8%0.7%1.7billionpeoplestillhavenosegmentsofthepopulationaccesstonewincomeopportunities.bankaccount,sodespiteseveralHealthCare5.2%0.7%hundredmillionpeoplegainingCreatingjobsandimprovingstandardsinsupplychains$5.6trillionaccesstofinancialservicessinceBusinesseshavemadegreatprogressinreducingworkingpovertysince2000,7.3%1.6%2015,thereremainsalongwaybutmoreeffortsareneededtocompletelyeradicateit.ItisestimatedthatInfrastructuretogo.39Goingbeyondimprovingone-thirdofallworkersareestimatedtoearnlessthantheyneedtoafford$6.8trillion0.3%2.2%‘access’tofinancialservicestoadecentstandardofliving.35Whilejobcreationandincomecontributionisincreasing‘usage’metricsforpositive,thereisstillaneedforcollectiveactiontoaddresslivingwages,Manufacturingunderservedpopulationsisavitalchildlaborandmodernslaveryalongsupplychains.$7.1trillioncontributiontheprivatesectorismakingtopovertyeradication.ReducingthecostsofgoodsandservicesServicesSolarpanelpricesfell82%overthepastdecade,makingoff-gridelectricity$4.7trillionExtractives,Transport,affordableforhundredsofmillionsmorecustomersglobally.36In2015,Infrastructure,Manufacturing,smartphonescostbetween$300and$500;todaytheycostlessthan$50ICTServicesandConsumerGoodsinsomeinstancesandsomehandsetssellforlessthan$15.Continuing$10.7trillionlongtermfallsinthecostofagriculturalinputs,networkdatacharges,TheeffectsofclimatechangeinternationalmoneytransferfeesandmanyotherproductsarecreatingnewTransport(e.g.risingtemperaturesandseapathsoutofpovertyforpeopleworldwide.$6.9trillionlevels,moreextremedroughtsandfloods),waterstressandDesigningtailoredproductsforlower-incomepopulationsbiodiversitylossdrivenmainlybyBillionsofpeopleworldwidestilldonothaveenoughaccesstoawiderangethesesixsectorsarenegativelyoflifechangingproductsbecauseofavoidabledesignchoicesandrestrictiveimpactingonwealthandincomefeaturesorexclusionarycriteria.Forexample,withouttieredpricing,alternativelevelsforhundredsofmillionsofcreditscoring,locallanguagesupportormicro-retaildistributionchannels,themostvulnerablepeopleinthemanyproductssuchasloansorinsurancecovercanremainoutofreachforworld–andindirectlypushingpeopleonlowerincomes.37manybackintoextremepoverty.11.8%0.3%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co32UnitedNationsGlobalCompactPrivateSectorSDGStocktake33ZEROHUNGERKEYPRIVATESECTORCONTRIBUTIONSMajorChallengesStagnatingNUTRIENTFORTIFICATIONACHIEVEMENTS&SHORTFALLS​Theworldisseverelyofftrack9.6%ofthepopulationLeadingfoodcompanieshavemadeprogresstoMainstreamingofnutrientsupplementationandtoachieveSDG2andprogressisundernourished(2020)40improvenutrition.Largefoodprovidersandproducersfortificationandwiderdistributionofnutrient-denseisstagnatingarecommittingtoprovideessentialmicronutrientsandfoodviainitiativessuchasRUTFandImpact4Nutrition.4818.2%ofchildrenunderfortifiedfoodsincludingwheat,flour,edibleoil,andriceTheworldisnotontracktoendhungerby2030.age5facestuntedtoconsumersaroundtheworld.GreatertargetingoffortifiedproductsisneededtotailorBetween2015and2023,thenumberofpeoplegrowth(2022)41accessibilitytolocalmicronutrientdeficiencies.experiencinghungerhasrisenfrom589milliontoCerealyieldis4.4tons783million.COVID-19,climatechange,andperhectareofharvestedLargercompaniesacrosssectorscandomoretogeopoliticalconflicthaveonlymadethechallengeland(2021)42incentivizemicro-retailersanddistributorstoactonmorecomplex.Achieving2030goalswillrequire‘ZeroHunger’.49transformingfoodsystemsandinvestinginGLOBALOUTLOOKsustainableagriculturalpractices.HEALTHYFOODACHIEVEMENTS&SHORTFALLS​783million​CAMPAIGNSFormoreinformationontheSDGprogressscoringmethodology,Increasedglobalstandardizationonlabelingforpleasevisithttps://dashboards.sdgindex.orgpeoplefaceglobalhunger.43Theprivatesectorplaysacriticalroleinre-shapingingredientsandnutrientcontentisre-shapingdemand.consumerdemandtowardsmoresustainableand3billionnutritiousfoods.BymakinginvestmentsinR&D,Thealternativeproteinsmarketisforecasttogrowtomarketingandadvertisingcampaigns,transparent$290billionby2035–butsuchoptimisticestimatespeoplecannotaffordahealthydiet.44foodlabeling,andlast-miledistribution,companieswillonlyberealizediflarge-scaleR&Dandmarketingworldwidearecontributingpositivelytozerohunger.investmentsaremadeandprovesuccessful.501/3rdoffoodproducedforhumanconsumptionTraceabilityandtransparencyofsourcingandlast-mileislostorwastedglobally.45distributioninfoodsupplychainsremainslimiteddespitenewtechnologicalpossibilities.8in10FOODWASTEREDUCTIONACHIEVEMENTS&SHORTFALLS​low-andmiddle-incomecountriesexperienced5%+foodpriceinflationUpto35%offoodiswasted,whichnegativelyimpactsInnovationsindripirrigation,pestcontrol,droughtin2023,withmanyfacingdouble-digitfoodavailabilityandprices.47Mostlossisduetopests,resistantseeds,storage,transport,andlogisticsrisesdrivinguphunger.46harvestingandirrigation,butinefficiencyalsoremainsincludingbetterpackaging,coldchainsanddigitallyhighinstorage,transportandconsumption.enabledmonitoringandoptimizationofinventoriesandrouteshaveallreducedlosses.51Farmswiththehighestlossesduringharvestandtransportarealsolikelytobetheleastabletofinancemechanization,irrigationandotherefficiencydrivers.WHAT’STHEPRIVATESECTORMEASURING?LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:42of4SAMPLEESGMETRICS1.CommunityfoodsupportTotalstandardESGAveragenumberofSDG2metricsthatlinktoSDG2ESGmetricsreportedby2.Distributionoflow-pricedproductscompaniesintheESGBooksampleandservices3.Microfinancelending34UnitedNationsGlobalCompactPrivateSectorSDGStocktake35ZEROHUNGERPRIVATESECTORCONTRIBUTIONS:WHATMATTERSMOST?PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonhungerissomewhatpositive,Incontrast,revenuealignmentwithhungerismixedandreflectingthegrowthoffoodproductionanddistribution,butthestagnating,reflectingonhowawiderangeofenvironmentalharmslackofstablepricesduringtheCOVID-19pandemicandwarinarereducingcropyieldsandattributingtotheriseofhungerUkrainehaveincreasedhunger.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG2TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Food&BeverageVeryPositiveImprovingtheproductivityandsustainabilityoffoodsystemsTotalDrought-resistantseeds,Byoptimizingproduction,reducingwaste,andinnovatinginfoodprocessing$84.1trillion4.2%4.2%betterpestcontrol,irrigation,SomewhatPositiveanddistribution,foodproducers,processors,andmanufacturerscontributeharvestingandpackagingandtomeetingtheever-growingdemandforfood.ImprovingagriculturalConsumerGoods0.3%4.8%nutrientfortificationcontinueNeutralproductivityandresiliencetoclimatechangeinlow-andmiddle-income$7.7trilliontocontributepositivelytozerocountriesiscriticaltofeedingthepopulation.Around84%ofallfarmsare17.0%0.5%hunger.ImprovingproductivitySomewhatNegativeundertwohectaresandtheyproduceone-thirdoffoodglobally.52Extractivesandsustainabilityfor608millionLowproductivityandinefficientsupplychainscancausehighspoilage$13.8trillion3.4%19.7%smallfamilyfarmswhoownjustrates,reducingincomesforfarmersandraisingfoodprices.12%oftheworld’sagriculturalFood&Beverage0.1%5.9%landbutproduce1/3ofallfoodMakingfoodmoreaccessible$5.7trillionremainsakeychallenge.54Theprivatesectorplaysanintegralroleinensuringnutritiousfoodis1.8%1.8%consistentlyaccessibletoeveryone,includingtheworld’smostvulnerableFinancialServicesExtractives,Infrastructurepopulations.Extensivesupplychainnetworks,fromfoodproductiontoretail,$14.7trillion9.4%1.7%Theeffectsofclimatechangecreateanessentialcontributiontosustainingpopulationgrowth.Largeandarenegativelyimpactingcropcomplexnetworks,involvingprivatesectore-commerceplatforms,paymentsHealthCare1.1%4.5%yieldsandagriculturalproductivity.systemsandtransportservicesnowconnectglobalcorporates,formal$5.6trillionTheseimpactsarereducingfoodsmall-andmedium-sizedenterprises,informalsmallholderfarmers,accessibilityandaffordabilitymicro-distributorsandretailersworldwide.Infrastructurefortheworld’smostvulnerable$6.8trillionpopulations.Forexample,maizeMakingfoodmoreaffordableyieldswillfallby24%by2030Whileimprovedproductivityhascontributedtolong-termtrendsloweringManufacturingandwheatyieldswillfallby17%,manyfoodprices,eventssuchastheCOVID-19pandemicandthewarin$7.1trillionsettingthestageforpotentialUkrainehavecausedextremepricevolatilityglobally.Duringsuchevents,futurepricevolatility.55millionsofpeoplehavebeenpushedintohungerandpressuretolocalizeServicesfoodsupplychainshasincreased.Theshareofcountriesburdenedby$4.7trillionhighfoodpricesrosefrom16%in2019to47%in2020.53Increasingtheresilienceoflow-incomepopulationstopriceshocksisacriticalareaforICTcorporatestopartnerwithNGOs,multi-lateralsandgovernments.$10.7trillionTransport3.2%3.4%$6.9trillion<0.1%1.4%VeryNegative0.1%3.5%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co36UnitedNationsGlobalCompactPrivateSectorSDGStocktake37GOODHEALTHKEYPRIVATESECTORCONTRIBUTIONSANDWELL-BEINGMajorChallengesImprovingUNIVERSALHEALTHCAREACHIEVEMENTS&SHORTFALLS​TheworldisseverelyofftrackTheuniversalhealthcoverageHalfoftheglobalpopulationstilllacksaccesstoTheUniversalhealthcoverageservicecoverageindextoachieveSDG3andprogress(UHC)indexofservicecoverageessentialhealthservices.Byprovidingaffordablehealthincreasedfrom45in2000to68in2019withthefastestismoderatelyincreasingis68(worst0–100best)56insurance,medicinesandservices,theprivatesectorgainsintheWHOAfricanRegion.63LifeexpectancyatbirthenablesbillionsofpeopleworldwidetoaccesseffectiveTheworldisnotontracktoachieveSDG3by2030.is73years57healthcarewhentheyneedit.InnovationsindiagnosisThespreadofhealthinsuranceandremotehealthisChildhoodvaccinationrateshaveseenthelargesttesting,medicaltraining,anddeliveringservicesthroughacceleratingaccesstohigherqualityuniversalhealthcaredeclineinthreedecades,andtuberculosisandmalariaThemortalityrateforchildrendigitalplatformsareimprovingthequalityandreachofglobally.Telehealthisforecasttogrowataphenomenaldeathshaveincreasedcomparedtopre-COVID-19under5yearsoldis38per1,000healthcareservices.20–30%CAGRgloballybetween2023and2030.64levels.Inordertoovercomesetbacksfromthegloballivebirths58pandemic,theprivatesectormustinvestinhealthAshealthcareaccessbecomesmorelinkedtoconnectivitysystemstosupportaresilientfuture.GLOBALOUTLOOKanddigitalliteracy,thedigitaldivideisdeepening,andbillionsarebeingleftbehind.FormoreinformationontheSDGprogressscoringmethodology,52%​pleasevisithttps://dashboards.sdgindex.orgVACCINEDEVELOPMENTACHIEVEMENTS&SHORTFALLS​reductioninAIDS-relateddeathbetween2010and2021.59DuringtheCOVID-19pandemic,theprivatesectormadeByenabling13.5billiondosesofCOVIDvaccinestohigh-profilecontributionstoR&D,manufacturingandbedeliveredto5.7billionpeoplegloballyintwoyears,800distributionofcriticalvaccinesatrecordspeedandscale.theprivatesectorplayedacriticalroleinchangingtheThegroundbreakingjointeffortbetweencompanies,courseofthepandemicandsavedover20millionlives.65womendiedeverydayfrompregnancygovernments,andacademiashowcasedthepoweroforchildbirthin2020,70%ofwhomeffectivecross-sectorcollaboration.Inthetimesince,Malariasickens240millionandkills600,000ayearwereinSubSaharanAfrica.60additionalbreakthroughshaveoccurredinmalariaand–butthefirst18milliondosesofanewvaccinewerecancervaccineresearch,offeringnewprospectsforrecentlyallocatedto12Africancountriesfor2023-25.66381millionradicallyimprovingthelifeofhundredsofmillionsofpeopleby2030.CancervaccinesnowinR&Dmaybeavailableby2030.peoplewerepushedfurtherintoextremepovertyin2019becauseofout-of-pocketDespitetieredpricingofvaccines,countryGDPmaskshealthpayments.61affordabilityforallcitizenswithincountriesandleadstounequaldistribution.13.5billionThepandemicresultedin20.5millionchildrenmissingdosesofCOVID-19vaccinedosesadministeredroutinevaccinesin2022–andmanycompaniesacrossgloballyasofAugust2023.While71%ofsectorscouldbenefitfrompromotingroutinetheworld’spopulationgotatleastonedose,immunizationtoemployeesandtheirfamilies.67inequalitiesbetweenandwithincountrieswerestarkandroutineimmunizationsremainWHAT’STHEPRIVATESECTORMEASURING?farofftarget.62LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:3619of36SAMPLEESGMETRICS1.EmployeesafetytrainingTotalstandardESGAveragenumberofSDG32.AccesstohealthcaremetricsthatlinktoSDG3ESGmetricsreportedby3.HealthandsafetylawsuitscompaniesintheESGBooksample38UnitedNationsGlobalCompactPrivateSectorSDGStocktake39GOODHEALTHANDWELL-BEINGPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonhealthismixed.WhilesomeconsumerIncontrast,revenuealignmentwithhealthissomewhatnegativeproductshavecreatedharmfulside-effects,investmentsinR&D,andstagnating,reflectinghowseverelytheprivatesector’sactivitiesdigitalhealthandaccesstohealthcarehaveimprovedoutcomes.contributetoairpollutionandheatstress,damagingourhealth.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG3TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023HealthCareVeryPositiveInvestinginR&DTotalGloballifeexpectancy,approachingTheglobalpharmaceuticalindustryspendsover$100billiondollarsonR&D$84.1trillion16.2%6.6%73years,isatitshighesteverlevelSomewhatPositiveannually.68Lengthy,riskyandexpensiveactivitiesbringtogetherlifesciencesandinnovationbypharmaceuticalandcompanies,universities,non-profitandgovernmentactorsincomplexConsumerGoods11.4%3.6%healthcarecompanieshascontributedNeutralinteractionsforknowledgesharing,risktransferandsafetyassurance.$7.7trillionsignificantlytothisachievement–asThisultimatelyleadingtothediscoveryofeffectivenewvaccines,37.2%0.5%wellastowiderimprovementsintheSomewhatNegativediagnostics,drugsandothertreatments.Extractivesqualityoflifeexperiencedbybillions$13.8trillion15.3%9.5%ofpeopleglobally.VeryNegativeImprovinghealthoutcomesTheprivatesectoriscontributingtotreatinganderadicatingmanydiseasesFood&Beverage3.8%8.9%ICTgloballybymanufacturinganddistributingaffordablediagnostics,treatments$5.7trillionDigitalhealthistransformingandvaccines.Since2015,artificialintelligencehasspedupclinicaltrialsand0.6%25.7%outcomesgivingICTthesecondenabledfasterandmoreaccuratediagnoses,whilepersonalizedmedicine,FinancialServiceslargestpositivehealthcontribution.cellulartherapiesandgeneeditinghaveofferednewwaystoprevent,detect$14.7trillion28.5%2.1%andcuredisease.Venturecapitalinvestmentindigitalhealthtotaled$14.7Food&Beveragebillioninthefirsthalfof2021,whichwasalmostdoubletheinvestmentinHealthCare18.8%2.7%Thebalanceofpositiveandnegativeallof2019.69$5.6trillionimpactsreflectsthemixofhealthy19.4%4.3%andunhealthyproductsthesectorExpandingaccesstohealthcareInfrastructuresells–aswellasnegativepollutionSince2015,theprivatesectorhasmadeadvancesintelehealth,including$6.8trillion1.1%12.4%andemissionsimpacts.remotediagnosistechniquesandremotelearningplatformsforcommunityhealthworkers.TheseadvanceshavehelpedmillionsofpeopleaccesstrainedManufacturingFinancialServicespersonnel,reducedtraveldistances,wait-times,andcosts,andledtoan$7.1trillionByprovidinghealthinsurance,loansexplosioninhealthdataavailabilityonmanypopulations.OnthenegativeandfinancingR&Dandstartups,side,risksandissuesondataprivacy,security,incentivesandmonetizationServicesthefinancialsectormakesalargeareincreasingasprivatecompaniesexpandtheirroleinhealthcareprovision.$4.7trillionpositivecontributiontohealth.AddressingnegativehealthimpactsofproductsandservicesICTExtractives,Infrastructure,Manyproductsandservicesadverselyimpactpublichealth.Notably$10.7trillionTransport,Manufacturing,tobaccouseisresponsibleforearlydeathinuptohalfofusersandisstillServicesandConsumerGoodsusedbyaquarteroftheglobalpopulation.TherecentlydevelopedopioidTransportClimatechangeandpollutioncrisishasintroducedinnovationinpainmanagementbutaddictionand$6.9trillionaccountforlargenegativeimpacts.non-medicalusehavecreatedanepidemic.Worldwide,about500,000Airpollutionalonehascutglobaldeathsareattributabletodruguseandmorethan70%ofthesedeathslifeexpectancyby2.2yearsandarerelatedtoopioids.isnowtheleadingcauseofdeathworldwide.Itcauses8.8millionInaddition,manyproductscontributetourbanairpollutionandheatdeathsayear,morethansmoking–stress.Forexample,currentmethodsoffoodproductionmayleadtobutfewcompaniesareaddressingupto5millionexcessdeathsayearby2030fromairpollution,watertheirimpactssofar.71contamination,andantimicrobialresistance.7025.8%1.1%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co40UnitedNationsGlobalCompactPrivateSectorSDGStocktake41QUALITYKEYPRIVATESECTORCONTRIBUTIONSEDUCATIONModerateChallengesImprovingDIGITALEDUCATIONACHIEVEMENTS&SHORTFALLS​TheworldisofftracktoachieveTheliteracyrateforpeopleagedRapidgrowthinsmartphoneadoptionandinternetaccessTheeducationtechnologymarketwasvaluedat$106SDG4andprogressisstagnating15to24is92%(2020)72haveenabledpreviouslyunderservedpopulationstobillionin2021andisforecasttogrowrapidlyataCAGRaccessthebenefitsofeducationtechnologyinnovation.of16.5%between2022and2030,when90%oftheCOVID-19leftadevastatingimpactonprogressThepercentageofschoolageBenefitsincludewideraccesstoonlinelearningresources,world’spopulationareexpectedtobeonline.79towardqualityeducationforall.Withoutintervention,childrenenrolledinprimarymoreaccessibleinformation,andAI-powerededucationalanestimated84millionyoungpeoplewillcontinueeducationis87%(2022)73assessments.Accessibilityfeaturesindigitalplatformsanddevicesaretobeoutofschooland300millionstudentswilllackenablingmoreinclusivelearningandreplacingtraditionalbasicnumeracyandliteracyskillsby2030.TodeliverThecompletionrateoflowerassistivetools,whichareoftenlackinginresource-pooronSDG4,improvingeducationalinfrastructureandsecondaryschoolsis77.47%educationalcontexts.digitallearningcapabilitiesisessential.(2021)7450%ofprimaryschoolsgloballystilldonothaveinternetFormoreinformationontheSDGprogressscoringmethodology,enabledcomputersoraccessiblefacilities.80pleasevisithttps://dashboards.sdgindex.orgLocalizationofEdTechremainsachallenge–fromwidercontenttranslationtoscalinguplocalstartups.GLOBALOUTLOOKSKILLINGBEYONDACHIEVEMENTS&SHORTFALLS​SCHOOLS147million​Uptakeofdigitallearningisrapidlyexpandingworldwide,ManybusinessesintheICTsectorandotherindustrieswithlearninghoursfortechnicalskillsandthenumberofchildrenmissedoverhalfofin-personfacingskillsgapshavebeguntoprovideopportunitiesonlinelearnersincreasingin2022.instructionin2020-2022duetotheforself-directedskillingandofferworkplacementsandCOVID-19pandemic.75apprenticeships.Leadinglargetechnologybusinesses7outof10companiesprovidemoreopportunitiesforhavedroppedformaldegreerequirementsfornewemployeestobuildskillsthanbeforetheCOVID-191in4hiresandskills-basedhiringisbecomingmorepopular.pandemic.81ManyofthenewtrainingswillhelpredeployScalingbackformaljobrequirementscansavecostsstaffasautomationandremoteworkingtrendsaccelerate.childrendonotyetparticipateinorganizedforbothemployeesandbusinesses,takingpressureofflearningoneyearbeforetheofficialprimaryoverloadedandunderfundedpublicsystems.AspiringThedemandforskillsisevolvingfasterthanformalentryage,withlittleimprovementsince2015.76youngentrepreneursalsonowhaveaccesstoavasteducationprogramscanadapt.Thereisagapforrangeoflearning,resourcesandpeersupportonline,privatesectorplayerstointegratecertificateprograms50%muchofitfundedorprovidedbytheprivatesector.foremployeestosignalknowledgeofskillswithoutreceivingaformaleducation.ofprimaryschoolsstilldonothaveaccesstocomputerfacilitiesordisabilityadaptedWHAT’STHEPRIVATESECTORMEASURING?infrastructure.77LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:14%84of8SAMPLEESGMETRICSofteacherswerenotqualifiedaccording1.Accesstoeducationtonationalnormsin2020,withlittleTotalstandardESGAveragenumberofSDG4improvementsince2015.78metricsthatlinktoSDG4ESGmetricsreportedby2.TraininghoursperemployeecompaniesintheESG42Booksample3.PerformanceorcareerdevelopmentreviewsUnitedNationsGlobalCompactPrivateSectorSDGStocktake43QUALITYEDUCATIONPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactoneducationisverypositive,Inagreementwithnetpositiveimpact,revenuealignmentwithreflectingtheexpansionoflow-cost,self-directed,personalizededucationissomewhatpositiveandincreasing,reflectingthedigitallearning,privateeducationandfinancingforeducation.vitalrolesplayedbytechnology,finance,andinfrastructure.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG4TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ConsumerGoodsVeryPositiveEngagingmarginalizedpopulationsineducationTotalFromglassestoreadinglightsDigitaleducationishelpingtoreachpreviouslyunreachedcommunities.$84.1trillion0.1%4.6%tobooks,bags,pens,uniforms,SomewhatPositiveThesecommunitiesincludepeoplewithdisabilities,refugees,women,anddesksandotherequipment,manythoselivinginremoteruralareas.Cross-sectorcollaborationbetweenlargeConsumerGoods0.1%5.5%productsmakedirectorindirectNeutralandsmallcompanies,NGOs,governmentministriesanddonorshaveproven$7.7trillioncontributionstoeducation.highlysuccessfulineducation,andmanycompaniesmakecontributionsin<0.1%0.8%SomewhatNegativebothcorebusinessandcorporatesocialresponsibilityinitiatives.ExtractivesFinancialServices$13.8trillion1.6%3.3%TheavailabilityofeducationalVeryNegativeProvidingopenaccesstoinformationloanstostudentsandparentsThecreationofonlinesearchengines,digitalassistantsandgenerativeAIFood&Beverage<0.1%5.1%hasmadeeducationaccessiblehasfundamentallychangedthewaybillionsofpeoplearoundtheworld$5.7trilliontomanymillionsworldwidewhoaccessinformationofallkinds.Ithasbroughtnewpossibilitiesforboth<0.1%3.5%couldnototherwiseaffordit.formalandinformallearning,increasedaccesstouncensoredmediaFinancialServicesInnovationssuchassocialimpactreportingandenabledpeopletoreadandcontributetoever-changing$14.7trillion<0.1%6.9%bondsopennewpossibilitiesforpublicdebatesononlineplatforms.fundingofeducationaloutcomes.HealthCare<0.1%0.7%Improvingaccesstoeducationforall$5.6trillionInfrastructureDigitaleducation,thegrowingavailabilityofeducationalloansforparents0.1%3.7%Fromimprovingroadnetworksandstudentsandthegrowthoffor-profiteducationalinstitutionsandservicesInfrastructuretoconstructingschoolbuildingsgloballyatalllevelshavecontributedtoimprovedaccesstoeducationfor$6.8trilliontoprovidinginternetaccess,thetensofmillionsworldwide.privatesectorenablesstudentstoManufacturingtraveltoschoolsandtointeractFrom2000to2017,theshareofprimarypupilsinprivateinstitutionsinLMICs$7.1trillionwithcontentandteachersonline.rosefrom10%to17%.82WhilethestandardofeducationvariesjustassignificantlyasinthepublicsystemandprivateschoolsdonotgenerallyServicesICToutperformpublicequivalents,theprivatesectorhascontributedtoimproving$4.7trillionInternetsearch,digitalaccesshere.Theprovisionofpre-primaryeducationandchildcareisanotherassistants,generativeAIandareawheretheformalandinformalprivatesectorplaysacriticalroleglobally.ICTpersonalizedlearningplatforms$10.7trillionofmanykindsarecontributingImprovingaffordabilityofeducationtoeducationbymakingitInadditiontodigitaltechnologyreducingthecostofeducation,educationTransportcheaper,moreeffectiveandfinancinghasmadeattendingschooloruniversityapossibilityformillionsof$6.9trillionmoreaccessibletohundredsofstudentswhocouldnototherwiseaffordit.Atthesametime,insomeareasmillionsofstudentsworldwide,ithascontributednegativelybyfuelingunsustainabledebtandlong-termespeciallythosewithdisabilitiesincreasesineducationcosts.orlivinginremoteruralareas.<0.1%13.3%0.1%1.6%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co44UnitedNationsGlobalCompactPrivateSectorSDGStocktake45GENDERKEYPRIVATESECTORCONTRIBUTIONSEQUALITYSignificantChallengesImprovingGENDERPAYGAPSACHIEVEMENTS&SHORTFALLS​TheworldismoderatelyofftrackWomenreceive,onaverage,10%TheprivatesectorplaysapivotalroleinadvancinggenderThegenderpaygapinOECDcountriesfellfromtoachieveSDG5andprogressislessyearsofeducationcomparedequalitybyensuringpayparity.Historically,theprivate13.8%to11.9%between2015and2020.91tomen(2021)83sectorinaggregatehasdoneapoorjobofensuringpay43%ofcountriesdidnotmandateequalremunerationmoderatelyincreasingparityacrossgenders.Womenareover-representedforworkofequalvalue.92WomenparticipateinthelaborintheinformaleconomywheremostjobsarelowerTheworldisnotontracktoachievegenderequalityby2030.forceat,onaverage,31%theratepayandofferveryfewbenefits.89PastestimateshaveNoneofthetargetshavebeenachievedandonlyoneisthatmendo(2022)84suggestedthatthelossofhumancapitalduetoalackclosetocompletion.TheCOVID-19pandemicpushedoutofgenderpayparityiscloseto$160trillion.Accordingprojectionsforgenderparitybynearlyageneration.WhiletotheILO,womenearnonaverage20%lessthanmalethegappersistsinpoliticalandeconomicspheres,paritycounterpartsglobally.90iscloserineducationandhealthoutcomes.Reversingcoursewillrequireatrulyglobaleffort.WOMENINLEADERSHIPACHIEVEMENTS&SHORTFALLS​FormoreinformationontheSDGprogressscoringmethodology,Industry-leadingprivatecompanieswieldenormousBetween2017and2022,femaleboardrepresentationpleasevisithttps://dashboards.sdgindex.orgeconomic,political,andculturalinfluence.Historicalincreasedfrom16%to33%amongthelargest100genderimbalanceatthehighestlevelsofcorporatecompaniestrackedbythe50/50WomenonBoardsGLOBALOUTLOOKleadershiphasrepresentedasignificantbarriertothecampaign.93achievementofsociety-widegenderequality.Whilethere1in5​havebeenrecentadvancestowardachievinggreaterWomenrepresentonly15%ofallS&P500namedgenderparityintheglobalworkforceandmoreequalexecutiveofficersin2021.94womenweremarriedbeforetheir18thbirthdaypay,genderequalitywillnotbeachievedforatleastin2022.Thesewomenarelesslikelytostayinninegenerationsatthecurrentpaceofchange.PrivateIn2021,womenheld28.2%ofmanagementpositionsschoolorentertheworkforceandmorelikelytosectorleadersmustbeintentionalinincreasingthedespiteaccountingforalmost40%oftotalemployment.95sufferisolation,domesticviolenceandproblemsnumberofwomenintheworkforceandcreatingduringpregnancy.85systemstopromotewomenacrossalllevelsofthetalentpipeline.257WHAT’STHEPRIVATESECTORMEASURING?yearstoclosetheglobalgendergap.86LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:50%137of13SAMPLEESGMETRICSoftotaleconomicgrowthachievedinOECD1.Genderpaygapcountriesoverthepast50yearshasbeendrivenTotalstandardESGAveragenumberofSDG5byimprovedwomen'seducation(OECD).87metricsthatlinktoSDG5ESGmetricsreportedby2.Femalesinmanagement-levelcompaniesintheESG26.5%Booksamplepositionsofseatsinlowerandsinglechambersof3.Retentionrateofemployeestakingnationalparliamentsareheldbywomenasof2023,upfrom22.3%in2015.88parentalleave46UnitedNationsGlobalCompactPrivateSectorSDGStocktake47GENDEREQUALITYPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactongenderequalityissomewhatnegative,Incontrasttonetnegativeimpact,revenuealignmentwithreflectingthepersistenceofunexplainedgenderpaygapsandgenderequalityismixedbutstagnating,reflectingtheslowthelackofwomeninmanagementrolesglobally.growthofproductsandservicesgearedtofemales.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG5TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023HealthCareVeryPositiveTotalFromfemalehygieneto$84.1trillion0.1%4.6%reproductivehealth,manyproductscontributepositivelyConsumerGoods0.1%5.5%togenderequality.$7.7trillion<0.1%0.8%FinancialServicesExtractivesFinancialinclusiongainsforwomenSomewhatPositive‘Gettingtoequal’asanemployer$13.8trillion1.6%3.3%havebeenparticularlyimportantNeutralOver8,000executiveshavecommittedtotheWomen’sEmpowermentastheyaresignificantlyunder-Principles.Food&Beverage<0.1%5.1%servedcomparedtomeninLMICs.SomewhatNegative$5.7trillionInsurancetargetedatwomencanWhiletheshareofemployersofferingremoteandflexibleworking<0.1%3.5%alsogreatlyimproveresiliencearrangementsworldwidehasincreasedsignificantlysincethepandemic,FinancialServicesandfinancingforwomen-ownedthelackofsignificantnon-transferablepaidpaternityleaveembeds$14.7trillionbusinessesiscriticallyimportantinequalitiesinchildcareandreinforcesthe‘motherhoodpenalty’,leading–asitremainsmuchharderfortopersistentpaygapsandfewerwomeninseniorleadershiproles.HealthCarewomentoaccessfinancingthat$5.6trillioniscriticalforscalingstartups.Note:Theprivatesectorcontributestogenderequalityinmanywaysotherthanprovidingequalemployment.However,thenumberofcompanieswithratingsonInfrastructureICTthesefactorswasnotlargeenoughtocreaterobustscoresforthisanalysis.$6.8trillionTheriseofmoreflexibleandremotework,accesstoonlineManufacturing<0.1%6.9%platformsande-commerce$7.1trillionopportunitiesaremakingit<0.1%0.7%possibleforhundredsofmillionsServicesofwomenworldwidetogenerate$4.7trillion0.1%3.7%incomeinnewways,96frommothersreturningtoworkinpart-timeICT<0.1%13.3%remoteroles,tofemaledrivers$10.7trillionfindingworkinthegigeconomytoentrepreneurssettinguponTransportonlinee-commerceplatforms.$6.9trillionVeryNegative0.1%1.6%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co48UnitedNationsGlobalCompactPrivateSectorSDGStocktake49CLEANWATERKEYPRIVATESECTORCONTRIBUTIONSANDSANITATIONSignificantChallengesImprovingSTAFFHEALTH&HYGIENEACHIEVEMENTS&SHORTFALLS​Theworldismoderatelyofftrack73%ofthepopulationhasEmployershavearesponsibilitytoensurethat100%ofManyofthepeopleemployedbytheprivatesectortoachieveSDG6andprogressisaccesstobasicdrinkingemployeeshaveaccesstosafelymanageddrinkingwater,globallygetaccesstobothcleandrinkingwater,sanitationwaterservices(2020)97sanitation,andhygieneservicesatwork.WaterAidconductedfacilitiesandhygieneproductsfromtheiremployers.moderatelyincreasingaresearchprojecttodemonstrateeconomicbenefitsof54%ofthepopulationhasinvestinginWASHandfoundafinancialROIof$1.32-$4.30ManyemployerssteppedupcampaignsonemployeeWhilewater-useefficiencyhasrisenby9percent,accesstobasicsanitationforevery$1invested.104hand-washingandhygieneduringthepandemic.waterscarcityremainsanissueformanypartsofservices(2020)98theworld.InordertogetSDG6backontrack,the1in4peoplegloballystilllackaccesstocleanwaterprivatesectormustfocusonpromotinginnovation3.9trillionlitresofavailableand2.3billionpeoplelackbasichygieneservices–andevidence-basedaction,enhancingcross-sectoralfreshwaterresourcesareinformalprivateemployersmaynotprovideaccess.105coordinationandcooperation,andamoreintegratedwithdrawn(2019)99andholisticapproachtowatermanagement.WATER-USEEFFICIENCYACHIEVEMENTS&SHORTFALLS​FormoreinformationontheSDGprogressscoringmethodology,ManysectorshaveworkedtopreventwaterdeclineandInnovationsinmicroirrigationhavesignificantlypleasevisithttps://dashboards.sdgindex.orgrestorewatersourcesbyimprovingwater-useefficiency.improvedagriculturalwater-useefficiency,insomeWhilemoreextractiveindustrieshaveroomtogrowincasesbyupto50%.improvingwater-useefficiency,manycompanieshavetakenGlobalwaterdeficitcouldreach40%by2030–privatepreliminarystepstowardbecomingwaterefficient.Atabasicsectorwaterconsumptionisatunsustainablelevelslevel,itrequiresconscientiouswateruseandidentifyingandrelativelylittleisbeingdonetoaddressthecrisis.106solutionstopreventwaterstress.Atmoreadvancedlevels,leadingcompaniesareworkingtorestorewater-stressedbasinsinareasofoperationtobecomewaterpositive.GLOBALOUTLOOKWATERPOLLUTIONACHIEVEMENTS&SHORTFALLS​73%​LeadingcompaniesaretakingmeasurestoprotectandGlobally,morethan300millionpeoplegetwaterenhancethequalityofwaterglobally.Whilethismaystartfromdesalinationplants,circumventingwaterqualityofthepopulationhadaccesstowithreducingoperationalwastewaterpollution,achievingchallengesinareasfarfromfreshwatersources.107safelymanageddrinkingwaterSDG6willrequirecollectiveactiontoachievepositivewaterNearly80%ofwastewaterreturnstotheenvironmentservicesin2022.100impactinatleast100vulnerableprioritizedwaterbasinswithoutpropertreatment.108by2030.Only12%ofCDPrespondentssetwaterpollutiongoals20%thataremonitoredatthecorporatelevel.109increaseinwater-useefficiencyinWHAT’STHEPRIVATESECTORMEASURING?theagriculturalsectorsince2015.101LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:58%2214of22SAMPLEESGMETRICSofhouseholdwastewaterin1401.AccesstoWASHservicescountriesin2022wassafelytreated.102TotalstandardESGAveragenumberofSDG62.WaterrecyclingandreusemetricsthatlinktoSDG6ESGmetricsreportedby3.Waterdischargenon-compliance64%companiesintheESGBooksampleofCDPsurveyrespondentsarenowreducingoratleastmaintainingtheirwaterwithdrawals.10350UnitedNationsGlobalCompactPrivateSectorSDGStocktake51CLEANWATER&SANITATIONPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonwaterisverynegative.WhileindividualIncontrasttonetpositiveimpact,revenuealignmentwithwaterisbusinesseshaveimprovedwater-useefficiencyandutilitieshavesomewhatnegativeandstagnating,reflectingtheunsustainableexpandedwaterandsewagenetworks,thepaceofwaterwithdrawalpaceofwaterwithdrawalacrosssectorsandwidespreadwaterpollution.fromtheprivatesectorremainsunsustainabletoachieveSDG6.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG6TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ConsumerGoodsVeryPositiveCreatingproductsandservicesthatconservewaterTotalCottonusedinclothingistheInnovationinwaterdistributionandirrigationmethodshasimproved$84.1trillion16.7%1.6%largestsinglecontributortoSomewhatPositivetheprivatesector’sabilitytomoreefficientlyusewaterresources.CDPagriculturalwateruse,whichrespondentsfound$300billionofvaluecouldberealizedbydesigningConsumerGoods12.9%1.0%accountsfor70%ofallNeutralnewproductsandservicestoreducewaterusein2022.110Leveraging$7.7trillionwithdrawalsglobally.116artificialintelligence,smartsensors,andinternet-of-thingstechnologies,45.4%0.4%SomewhatNegativewaterutilitieshavemoretoolstoquicklyidentifyandrepairleakypipes,ExtractivesExtractiveswhichremainsalargesourceofwaterlossglobally.Showingsignsof$13.8trillion20.6%3.9%Mining,oilandgas,andotherimprovement,theagriculturesectorhasutilizedmicroirrigationtechniquesextractiveindustriesaccountfortoimprovewater-useefficiency.StudiesshowthatswitchingfromfloodFood&Beverage4.2%0.2%20%offreshwaterwithdrawalsirrigationtomicroirrigationcanreducewateruseby50%.111$5.7trilliongloballyandcausesignificant11.9%0.1%waterpollutionproblems.117ProvidingaccesstocleandrinkingwaterandsanitationnetworksFinancialServicesThefiftylargestwaterproviderssupplywaterandwastewaterservices$14.7trillion27.3%2.4%Infrastructuretowellover1.1billionpeopleglobally.112ImprovingwaterandwastewaterInNorthAmerica,anestimatedservicesrequiresexpandingwaterpipenetworksandcontinuingtoreduceHealthCare10.5%3.8%20-50%ofwaterislostduetothenumberofpeoplethatmusttravelbyfootfordailywateruse.$5.6trillionleakypipes.118Inaddition,19.9%2.6%therearedeepproblemswithMakingwateraffordableandaccessibleforallInfrastructurecontaminationofwatersuppliesWatertariffshavegrownatnearlydoubletherateofinflationacross$6.8trillionandcoastalareasbysewerage385citiesglobally.113Theincreaseislargelyattributedtorisingoperatingandchemicalsinmanycountries.costsandaneedtoupgradeandexpandinfrastructure.RisingwaterManufacturingtariffsareadouble-edgedsword,astheyraisebarrierstowateraccess$7.1trillionFood&Beveragewhileincentivizingmoreefficientwateruse.Agricultureaccountsforover70%Servicesofglobalwaterusetoday.DemandUsingwaterefficiencyinoperations$4.7trillioniscontinuingtoriseunsustainablyWhilemostcompany’smakeaverysmallindividualimpactonglobalastherapidlyexpandingandoperationalwaterconsumption,thecollectiveimpactoftheprivatesectorICTincreasinglyaffluentpopulationsismassive.Agricultureaccountsfor70%ofwateruse114andindustry$10.7trillionofLMICsareconsumingmoreaccountsforanadditional20%,whiletheremaining10%ofwaterusemeatandotherwaterintensiveistracedtoindividuals.WithpopulationgrowthdemandinggreaterTransportfoodandbeverageproducts.agriculturalwateruse,itwillbecomeincreasinglyimportanttoimprove$6.9trillionwater-useefficiency.CurrentprojectionsestimatesthatglobaldemandServicesforfreshwaterwillexceedsupplyby40%by2030.115Distributionservicesforpetroleumandfuelhavenegative0.3%2.5%pollutionimpacts,includingaccidentssuchasoiltankerspills.VeryNegative9.6%2.3%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co52UnitedNationsGlobalCompactPrivateSectorSDGStocktake53AFFORDABLEANDKEYPRIVATESECTORCONTRIBUTIONSCLEANENERGYSignificantChallengesImprovingENERGYAFFORDABILITYACHIEVEMENTS&SHORTFALLS​Theworldismoderatelyofftrack91%ofthepopulationhasaccessThecostofrenewableenergyperMWhofenergyrelativeSolarphotovoltaic($40/MWh)andonshorewind($41/MWh)toachieveSDG7andprogressistoelectricityglobally(2020)119continuestodecline.Asrenewabledevelopersgainmoresurpassedcoal($109/MWh)andgas($56/MWh)incostefficiencyinexperience,bettertechnology,andbroaderfundingresources,2019duetocomparativelylowoperatingcostsandzerofuelcosts.126moderatelyincreasing71%ofthepopulationhasaccessrenewableenergywillonlybecomemorecostcompetitive.tocleanfuelsandtechnologyforMoreover,phasingoutsubsidiesforfossilfuelenergyisanFossilfuelsubsidiesdoubledacross51countriesfrom$362billionIfwecontinueonourcurrenttrajectory,itisprojectedcooking(2020)120essentialcomponenttoimprovingcleanenergyaffordabilityin2020to$697billionin2021.that660millionpeoplewillcontinuetolivewithoutandcompetitiveness.electricityaccess.Renewableenergyadoptioncontinues12.3%oftotalfinalelectricityFossilfuelsubsidiespercapitainEurope($113perperson)aremoretogrow,spellinghopeforacleanenergyfuture.consumptionisfromrenewablethantriplethoseintheMiddleEastandNorthAfrica($36perperson).Toensureaccesstocleanandsafeenergyby2030,sources(2019)121wemustaccelerateelectrification,improveenergyFossilfuelsubsidiesdoubledacross51countriesfrom$362billionefficiency,andincreaseinvestmentinrenewableenergy.in2020to$697billionin2021.127FormoreinformationontheSDGprogressscoringmethodology,ACCESSTOCLEANENERGYACHIEVEMENTS&SHORTFALLS​pleasevisithttps://dashboards.sdgindex.orgOver9in10peoplehaveaccesstoelectricityglobally,upThenumberofpeopleconnectedtominigridsmorethanfrom87%in2015.Yet,inaquarteroftheworld’s46leastdoubledbetween2010and2019,providingelectricityaccessdevelopedcountries,morethan75%ofthepopulationlackstoanadditional6millionpeople.128accesstoelectricity.Achievinguniversalelectricityaccesswillrequirecontinuedinvestmentinmini-andmicro-grids,Theworldcouldfacelithiumshortagesby2025duetorapidenergystoragesystems,renewableenergyefficiency,andgrowthindemandforlithiumbatteries,particularlyinelectricbatteryrecyclingtechnology.vehicles129.Over-relianceonlithiumandinsufficientrecyclinginfrastructurecouldstiflerenewableenergyprojects.129GLOBALOUTLOOKJUSTTRANSITIONACHIEVEMENTS&SHORTFALLS​91%​AsglobalenergygenerationshiftsawayfrompollutingCEOsareprioritizingupskillingandreskillingtheworkforcefossilfuelsandtowardscleanenergysources,companiestobuildworkforceresilienceagainstongoingglobalchanges.oftheglobalpopulationhasaccessmustremainvigilantofpotentialsocialeffectsofretiring74%ofCEOsflaggedupskillingandreskillingtheirworkforcetoelectricity,upfrom87%in2015.122largesegmentsoftheeconomy.Indialoguewithgovernments,asaprimaryactiontobuildresilience.130workers,andtheirrepresentatives,entireindustriesmust567millionworktoreskillworkersandprovideampleresourcestoavoidTheILOprojectsthatupto25millionnewjobswillbecreatedimpoverishingworkersandcommunitiesthatdependontheby2030fromtheenergytransition.131peopleinsub-SaharanAfricadidnothavefossilfuelindustrytosustainlivesandlivelihoods.accesstoelectricity,accountingformorethanWorldwideemploymentinrenewableenergyreached12.7million80%oftheglobalpopulationwithoutelectricitylastyear,ajumpof700,000newjobsinoneyear,despitetheaccessin2021.123lingeringeffectsofCOVID-19andthegrowingenergycrisis,accordingtoanewreport.13235%Anestimated6millionjobsareexpectedtobelostduetooftheworld’selectricitywillcomefromthegreentransition.renewablesourcesby2025–upfrom29%in2020,withglobalpower-sectoremissionsWHAT’STHEPRIVATESECTORMEASURING?nowclosetopeaking.124LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:$2.9trillion2213of22SAMPLEESGMETRICSspentgloballyonfossilfuelsubsidies1.Renewableenergyusetargetsbetween2013and2020.125TotalstandardESGAveragenumberofSDG7metricsthatlinktoSDG7ESGmetricsreportedby2.Energyefficiencytargets54companiesintheESGBooksample3.EnergyconsumptionperproductionvolumeUnitedNationsGlobalCompactPrivateSectorSDGStocktake55AFFORDABLEANDCLEANENERGYPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonaffordableandcleanenergyRevenuealignmentwithenergyissomewhatpositiveandstagnating,developmentissomewhatpositive.Whilebusinessescontinuetoreflectinghowproductsandinfrastructureareincreasinglymovinginvestinfossilfuelenergyproduction,thetideisturningtoushertowardsenergyefficiency.inacleanenergyfuture.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG7TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ExtractivesVeryPositiveCreatingproductsandservicesthatgeneratecleanenergyTotalRenewablesaresettoaccountforover90%ofglobalelectricityexpansion$84.1trillion<0.1%3.8%Anestimated3billiontonsofSomewhatPositiveoverthenext5yearsandovertakecoalasthelargestsourceofglobalmineralsandmetalswillbeneededelectricityby2025.134AccordingtotheInternationalEnergyAgency,95%ConsumerGoods<0.1%0.5%todeployandstorewind,solar,andNeutraloftheincreaseinglobalpowercapacitythrough2026willcomefromthe$7.7trilliongeothermalpowertolimitglobalgrowthofrenewablecapacity.AccordingtotheInternationalRenewable<0.1%5.2%temperaturerisetobelow2°C.138SomewhatNegativeEnergyAgency,80%ofthe$131trillionneededfortheenergytransitionExtractivesCompanieshavebegunsearchingwillbefundedbytheprivatesectorby2050.$13.8trillion<0.1%0.7%forundiscoveredrare-earthmetaldepositsgloballyandmanyhavebeenExpandingaccesstoelectricityFood&Beverage<0.1%0.3%discoveredintheUSandSweden.Since2010,morethanonebillionpeoplegainedaccesstoelectricityglobally.$5.7trillionInfrastructureinvestmentshaveextendedelectricitygridstomanyhomes<0.1%<0.1%InfrastructurewhilesolarpowerandbatterieshavegivenmanypreviouslyunreachedFinancialServicescommunitiesaccesstocleanenergy.Thenumberofpeopleconnected$14.7trillion<0.1%17.2%AccordingtotheInternationalto‘minigrids’morethandoubledbetween2010and2019from5to11RenewableEnergyAgency,millionpeople.135HealthCare<0.1%5.6%renewablecapacityincreasedby$5.6trillioncloseto10%between2021andMakingcleanenergymoreaffordableforall2022.AsiaaccountedforoverhalfThecostofsolarpowerhasfallenbyover80%since2010andisnowcheaperInfrastructureofthenewcapacityadded.139thancoalpermegawatthourofelectricity.ThenumberofFortune500$6.8trillioncompaniescommittingto100%renewableenergydoubledbetween2017Manufacturingand2021to58.136Manufacturing$7.1trillionThemanufacturingsectoriscriticalMovinginvestmentawayfromfossilfuelsandintocleanenergytoscalinguprenewableenergy93%ofthe$2.5trillioninvestedinenergyoverthepast8yearshasbeenServicescreationandadoption.Companiesforfossilfuelactivitiesandonly7%forrenewables.137Rapidlyphasingout$4.7trillionintheUnitedStateshaverespondednewinvestmentsinfossilfuelsiscriticaltopreventtheworstimpactsoftorecentlegislationandareonpaceclimatechangeandtopreventpoverty,hunger,biodiversitylossandmanyICTtotripledomesticsolarmanufacturingothergoalsfrombeingdrivenevenfurtherofftrack.$10.7trillioncapacityby2024.140InAfrica,amulti-sectoralcoalitionlaunchedTransport<0.1%3.7%theAfricaRenewableEnergy$6.9trillionManufacturingInitiativetoscale<0.1%4.9%renewableenergycapabilities.VeryNegative<0.1%1.0%ICTKEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeEnterprisetechnologyaccountsforDataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comabout1%oftotalGHGemissions.56Yet,optimizingcloudusageindatacentersalonecouldreduceemissionsbymorethan55%.Since2020,86%ofcompaniesreportincreasingthescopeandvolumeofcloudactivities.141KEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.coUnitedNationsGlobalCompactPrivateSectorSDGStocktake57DECENTWORKANDKEYPRIVATESECTORCONTRIBUTIONSECONOMICGROWTHSignificantChallengesStagnatingJOBCREATIONACHIEVEMENTS&SHORTFALLS​TheworldismoderatelyofftrackAdjustedGDPdeclinedCompaniesgenerateemployment,butthelaborTheILOestimatesthat100millionjobscanbecreatedtoachieveSDG8andprogressby4.1%in2020142conditionsofthatemploymentdeterminewhetherby2030byensuringagreentransitionthatfullytakesisstagnatingthereisatruecontributiontotheSDGs.Advancingintoaccountitssocialdimensions.150ActorsintheworldThereare5.2victimsdecentworkandraisingthelivingstandardsofallofwork,governmentrepresentatives,employers'andTheglobaleconomyisstillgrapplingwiththeeffectsofmodernslaveryperworkersacrossoperationsandsupplychainsrequireworkers'organizationsarekeyactorsforchange.ofCOVID-19.Persistentinflationandrisinginterest1,000population(2018)143allcompaniestoadoptsustainable,responsibleandrateshavecreatedchallengingeconomicconditionsinclusiveworkplacepractices,andforcompanieswith28millionpeopleareinsituationsofforcedlabor.151andstarkinequalitiesofincome,wealth,wellbeingThetotallaborforceparticipationsupplychainstousetheirleveragewithsupplierstoandopportunityremain.AchievingSDG8willrateforworkersaged15andcontributetotherealizationofdecentworkglobally.74percentofcountriesexcludeworkersfromtherightrequiresystemicreformtopromoteequitablepayabovewas60%(2022)144toestablishandjoinatradeunion.152anddecentworkwhiletacklingrisingdebtandeconomicuncertainty.Globalemploymentgrowthwillbeonly1.0%in2023,lessthanhalfthatof2022.FormoreinformationontheSDGprogressscoringmethodology,pleasevisithttps://dashboards.sdgindex.orgECONOMYFORMALIZATIONACHIEVEMENTS&SHORTFALLS​GLOBALOUTLOOKAccordingtotheInternationalLabourOrganization,aboutDigitaltechnologyhasincreasedaccesstofinancial2billionworkers,or60%ofthetotalemployedpopulationserviceandaffordablecareforworkersinthe160million​age15orolder,worksintheinformaleconomy.Whileinformaleconomy.firmsmayremainintheinformaleconomyforvariouschildrenaresubjecttochildlaborglobally,reasons,highinformalityremainsanobstacletoachieving1/3ofglobaleconomyactivityremainsoutsideofanumberthathasrisenforthefirsttimetheSDGs.Informalfirmshavelimitedaccesstofinancialtheformaleconomy.153intwodecades.145services,practicetaxavoidance,anddriveinequalityduetopervasivewagegapsandlimitedsocialprotections.85%ofworkersintheinformaleconomydosooutof630millionFormalizingmoreeconomicactivityiscriticaltoprogressingalackofavailableopportunitiesintheformaleconomy.sustainabledevelopment.Thisleadstolowerwages,socialprotections,andworkersdidnotgetpaidenoughtoliftlimitedaccesstocreditoreducation.154themselvesandtheirfamiliesoutofextremeormoderatepoverty.146WHAT’STHEPRIVATESECTORMEASURING?7,500LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:peopledieeachdayfromunsafe5130of51SAMPLEESGMETRICSandunhealthyworkingconditions.1471.HumanrightsmonitoringTotalstandardESGAveragenumberofSDG82.Incidentsofcommunitygrievances1in4metricsthatlinktoSDG8ESGmetricsreportedby3.EmployeesafetycompaniesintheESGyoungpeoplegloballywerenotactiveBooksampleintheeducationsystem,jobmarket,ortrainingprogramsin2022.14858UnitedNationsGlobalCompactPrivateSectorSDGStocktake59DECENTWORKANDECONOMICGROWTHPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactondecentworkandeconomicgrowthTheprivatesector’srevenueassociatedwithdecentworkandismixed.Whilethereisspacetoimproveonlaborpractices,economicgrowthisverypositiveandimproving,reflectingthetheprivatesectorisdrivingvaluethroughjobcreationandimpactofbusinessesindevelopingeconomiesandimprovingsmallandmedium-enterpriseinnovation.workingconditions.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG8TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Agriculture,Extractives,VeryPositiveEmpoweringSMEstogrowandbefinanciallyresilientTotalInfrastructure,Manufacturing,Smallandmedium-enterprisesaccountforover70%ofemployment$84.1trillion0.2%24.6%Transport,ConsumerGoodsSomewhatPositiveand55%ofGDPworldwide.155Inlow-andmiddle-incomecountries,theyoftenThesesectorsgeneratecreate80%to90%ofjobs.AvailabilityoffinanceanddemandfortheirproductsConsumerGoods0.1%26.1%significantdirectemploymentNeutralempowersthemtogrowandindirectlycreatesmanyjobsworldwide.Export$7.7trillionopportunities,whichdrivedemandandaccesstofinanceinmanufacturingandagriculturalsupplychains,<0.1%31.5%development.Forexample,InSomewhatNegativeconstructionandservicesisoftenparticularlyimportantforenablingSMEstoExtractivesLMICs,agricultureaccountsgrowinlow-incomecountries.$13.8trillion0.3%17.2%for63%ofalljobs,servicesforVeryNegative28%andmanufacturingfor6%.ProvidingfinanceasthefuelforeconomicgrowthFood&Beverage<0.1%28.3%LegislationhasimprovedtheTheprivatesectorisresponsiblefordrivingmostofglobaleconomicgrowthand$5.7trillionqualityofmanyjobsglobally,developmentbycreatingtheglobalfinancialarchitectureofsavingsaccounts,<0.1%5.5%butover2billionpeoplearestillconsumerandbusinesslendingactivities,insurance,paymentsandmanyotherFinancialServicesemployedininformalworkwithfinancialproductstotransferandmanagerisk.Thefinancialservicessectorhas$14.7trillion<0.1%32.1%nosocialprotection.159enabledbusinessestoinvestinresearchanddevelopment,enteringnewmarkets,hiringandskillingnewworkersandbuildingupproduction,distributionandmarketingHealthCareFinancialServicescapabilities.Micro-finance,micro-insuranceandmobilemoneyhavebeen$5.6trillionThesesectorsareenablersforparticularlyimportantinnovationsinfuelinggrowthinlow-incomecountries.156fastereconomicgrowthandjobInfrastructurecreationacrossallothersectorsCreatingdecentjobs$6.8trillionbyfinancingdevelopment,Theprivatesectorplaysoneofitsmostimportantrolesincreatingenoughexpandingconnectivityanddecentjobsforpeopleinallcountries.WhilemanyjobsarebecomingobsoleteManufacturingcreatinginnovativenewtoolsduetoautomationandthedeclineofemissions-intensiveeconomicactivities,$7.1trillionandtechnologies.manymorearebeingcreatedbynewcombinationsoftechnologiesandmoresustainableeconomicactivities.Forexample,LinkedInjobpostingsaskingforatServices<0.1%18.2%leastone‘greenskill’increasedbyover20%in2023comparedtotheprevious$4.7trillionyearandover213million‘greenjobs’areexpectedtobecreatedin21emerging<0.1%24.8%economiesby2030.157ICT$10.7trillion<0.1%23.6%Protectingworkers’rightsViolationsofworker’srightsunfortunatelyremaincommonplaceworldwide.TransportMorespecifically,theseviolationsaretakingplaceespeciallyintheinformal$6.9trillioneconomy,gigeconomy,independentcontracting,manufacturing,andagriculturalsupplychains.Inthesepartsoftheeconomy,workersfacelongworkinghours,fewholidays,andnopaidsickleave.Inaddition,theseworkers’rightsviolationsarebeingenabledbycountrieswherecorruptioniswidespread,theruleoflawisweak,andarbitrationandenforcementareunavailable.Finally,bothchildlaborandmodernslaveryhavebeenincreasinginrecentyears.Over28millionpeoplearenowinforcedlaborandover168millionchildrenarenowworkingillegallyworldwide.158<0.1%24.0%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co60UnitedNationsGlobalCompactPrivateSectorSDGStocktake61INDUSTRY,INNOVATIONKEYPRIVATESECTORCONTRIBUTIONSANDINFRASTRUCTURESignificantChallengesImprovingSUSTAINABLEACHIEVEMENTS&SHORTFALLS​DEVELOPMENTTheworldismoderatelyofftrackExpendituresonresearchandPrivatesector-ledinfrastructureinvestmentsarearoundtoachieveSDG9andprogressisdevelopmentrepresent2.6%Theprivatesectorplaysanintegralroleinensuringthat$160billioninprimarymarketsacrossG20nationsbutofglobalGDP(2020)160infrastructureinvestmentsarealignedwithsustainablefurtherinvestmentwillberequiredtoachieveSDG9.167moderatelyincreasingdevelopment.Notably,industrializationmustbeconsistent63%ofthepopulationwiththeglobalvisionforacleanenergyfuture.AkeygoalAircargotrafficexceededpre-pandemiclevelsbytheTheworldisofftracktoachieveSDG9by2030.usestheinternet(2021)161isensuringthatcountriesstillundergoingindustrializationbeginningof2021andmaintainsrobustgrowth.Themanufacturingsector’srecoveryfromtheprioritizetheestablishmentofcleanenergyasafundamentalCOVID-19pandemicremainsincompletewithThequalityoftradeandelement,ratherthandevelopingarelianceonfossilfuels.Globalmanufacturinggrowthslowedfrom7.4%in2021tosectorgrowthslowingto3.3%in2022.Toachievetransport-relatedinfrastructure3.3%in2022duetoinflation,energypriceshocks,supplySDG9,theprivatesectormustsupportLDCs,investasmeasuredbytheLogisticsdisruptions,andglobaleconomicdeceleration.168inadvancedtechnologies,continueincreasingmobilePerformanceIndexis2.92broadbandaccessandloweringcarbonemissions.(worst1–5best)162BASICINFRASTRUCTUREACHIEVEMENTS&SHORTFALLS​FormoreinformationontheSDGprogressscoringmethodology,TheprivatesectorhascontributedtobuildingfoundationalBetween2015and2021,4Gnetworkcoveragedoubled,pleasevisithttps://dashboards.sdgindex.orginfrastructure.Expandedaccesstobasicserviceslikeenergy,reaching88%oftheworld’spopulation.169internet,sanitation,andtransportationhaveenabledsustainablegrowth.However,manycommunitiesstilllackaccesstotheseIn2022,whileoverallglobalmanufacturinggrowthslowed,basicservices.Nearly759millionpeoplestilllivewithoutmedium-andhigh-technologyindustriesmaintainedstrongelectricityand1billionpeoplelivemorethan2kilometersgrowth;namelytheautomotive,computer,electronicsandfromanall-weatherroad.Continuedinvestmentinsustainableoptical,andelectricalequipmentindustries.infrastructurewillbecriticaltoachievingSDG9by2030.While95%oftheworldhasmobilebroadbandaccess,GLOBALOUTLOOKcoverageisonly82%inSub-SaharanAfricaand68%inOceania.1706%​Hard-to-abatesectors,suchasaviation,lackaclearpathcarbonemissionsgrowthfromtoscaledeconomicaldecarbonization.energycombustionandindustrialprocessin2021,returningclosetoDRIVINGINNOVATIONACHIEVEMENTS&SHORTFALLS​pre-pandemiclevels.163TheprivatesectorplaysanintegralroleindrivinginnovationBetween2019and2020,thenumberofpatentsincreased95%anddisruptingtechnologiestocreateentirelynewsectors.by1.6%andthenumberoftrademarksgrewby13.7%.171MassiveinvestmentsintechnologicalinnovationandresearchClimatetechstart-upsraised$53.7billionfromventureofpeoplewerecoveredbymobileanddevelopmenthavegeneratedvalueandgrownthecapitalandprivateequityin2021globally.172broadbandcoverageof3Gorhigherproductivityoftheglobalworkforce.in2022.164WHAT’STHEPRIVATESECTORMEASURING?1.93%LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:ofglobalGDPspentonR&Din2020.165158of15SAMPLEESGMETRICS1.Real-estateassetsemissions$1,879TotalstandardESGAveragenumberofSDG8metricsthatlinktoSDG8ESGmetricsreportedbyreductionpolicyglobalmanufacturingvaluecompaniesintheESGaddedpercapitain2022.166Booksample2.Communityinfrastructureprograms623.QualitymanagementsystemcertificationUnitedNationsGlobalCompactPrivateSectorSDGStocktake63INDUSTRY,INNOVATIONANDINFRASTRUCTUREPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonindustry,innovation,andinfrastructureRevenuealignmentonindustry,innovation,andinfrastructureisissomewhatpositive.Businessesaretheprimarydriversforverypositiveandstagnating,reflectingsignificantinvestmentininnovationandplayacriticalroleinbuildinginfrastructureglobally.infrastructureandashiftinthetypesofgoodsproducedcomingoutoftheCOVID-19pandemic.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG9TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023InfrastructureVeryPositiveExpandingaccesstoelectricityTotalPeoplewithoutaccesstoelectricityfellfrom1.2billiongloballyin2010$84.1trillion1.0%23.4%UtilitiesandconstructionSomewhatPositiveto759millionin2019.173InnovationinscalingrenewableenergyandservicesplayacriticalroleexpandingenergydistributionnetworkshasimprovedaccesstoenergyinConsumerGoods1.5%22.6%inbuildinginfrastructureNeutralpreviouslyunservedcommunities.Innovationssuchas‘mini-grids’have$7.7trillionandindustrializingglobally.deliveredaccesstocommunitiesthatdonothavegridaccess.Thenumber2.7%31.6%Withinthissector,theentireSomewhatNegativeofmini-gridenergyusersmorethandoubledbetween2010and2019fromExtractivesproductandserviceoffering5to11millionpeople.$13.8trillion0.2%9.0%iswhollyalignedwiththegoalsofindustrialization.Yet,CreatingglobalsupplychainsandlogisticsnetworksFood&Beverage0.1%27.5%asthefuturevisionofacleanTheglobaleconomyhasremainedstronglyinterconnectedwithadvancements$5.7trillionenergyandsustainablefutureinair,freight,road,andtraindistributionnetworksensuringasteadyflowof0.4%2.9%materializes,morebusinessesgoods.ThestabilityofgloballogisticsnetworksplaysacriticalroleinensuringFinancialServicesmustaltertheirbusinessmodelsaseamlessandefficienttransferofgoodstoenableindustrialactivities.$14.7trillion0.1%40.6%andproductofferingstomeetsocietaldemands.ExpandingonlineaccesstogoodsandservicesHealthCare2.9%12.5%TheICTsectorhasenabledasteadyexpansionofinternetaccessglobally.$5.6trillionICTSince2015,300millionpeopleayearwereconnectedtotheinternet.Inthepast3yearsinternetaccessinruralareasincreasedfrom31%to46%.InfrastructureTheICTsectorhasinvestedThisexpandedinternetaccesshasexpandedthereachofgoodsandservices.$6.8trillionheavilyinconnectingtheworld.Forexample,19%oftotalretailsalestookplaceonlinein2020,upfromGlobally,73%ofthepopulation14%in2018.174Thisgrowthinaccesshasledtotwocrucialoutcomes.Manufacturingaged10+ownedacellphoneinFirst,businessescanproducemoreefficientlyandmaintainlower$7.1trillion2022,enabledbythegrowthininventoriestorespondtodemandinreal-time.Second,businessesarecellularnetworkinfrastructure.176betterabletocommunicatewithconsumersinpreviouslyunservedregions.ServicesInaddition,66%oftheworld’s$4.7trillionpopulationusestheinternet,upProvidingrawmaterialsandsemi-finishedinputsforproductionprocessesfrom41%in2015.ThisgrowthThemetalsandminingindustrycontributesenormouslytotheavailabilityICTwasenabledbyexpansionofofrawmaterialsforindustrialactivities.175Manyoftheraworsemi-finished$10.7trillionbroadbandinfrastructureglobally.materialsformthefoundationofmoderntechnologyandinfrastructure.Thecontinuedproduction,distribution,andaccessibilityofthesematerialsTransportTransporthaveaprofoundimpactontheeconomy,industryoperations,andsocietal$6.9trilliondevelopment.Thetransportsectorhasenabledindustrializationbymaintaining0.5%23.1%stableglobalsupplychains.Throughcomplexlogistics<0.1%25.1%networksspanningair,land,andsea,logisticscompaniesVeryNegativeenablethepredictableflowofgoodsandservicessupporting0.5%20.0%industrialization.KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co64UnitedNationsGlobalCompactPrivateSectorSDGStocktake65REDUCEDKEYPRIVATESECTORCONTRIBUTIONSINEQUALITIESSignificantChallengesStagnatingWORKFORCEEQUALITYACHIEVEMENTS&SHORTFALLS​TheworldismoderatelyofftrackThePalmaratio,ortheratiooftheWorkplacesaroundtheworldremainunequalacrossThegrowthinskills-basedhiringhasopeneddoorstoachieveSDG10andprogressrichest10%ofthepopulation’sdemographics.Leadershiprolesareoverwhelminglyforprospectivejobcandidatesfromunder-resourcedisstagnatingshareofgrossnationalincomefilledbymenwithnosignsofreachingparitysoon,communitieswhomaynothaveaccesstoafour-yeardividedbythepoorest40%’sandexecutivecompensationissignificantlyhigherthancollegedegree.TheCOVID-19pandemicreversedrecentadvancessharewas10.88(2021)177averageworkerpay.LGBTQ+workersfacediscriminationinsocialequality.Oneinsixpeoplehaveexperiencedandinmanycountries,dataisunavailabletohighlightIntheUS,Blackworkersearn$0.76forevery$1.00discriminationinsomeform,withwomenandpeopleTheGinicoefficient,thesedisparitiesoutoffearoverpunishment.WageWhiteworkersearn.183withdisabilitiesdisproportionatelyaffected.Inorderameasureforincomeinequality,floorsarelowerthanwhatisconsideredalivingwage.togetbackontrack,wemustinvestineducationandis37.6(fullequality0–100fullProspectiveworkerswithdisabilities,migrants,andAbout1/3ofworking-agepersonswithdisabilitiesareskillsdevelopment,focusingonfosteringinternationalinequality)(2020)178workerswithloweducationalbackgroundsfacemanyinemployment,whichisroughlyhalfthecorrespondingcooperationforfairtradeandfinancialsystems.barriersandareunder-representedinwell-payingjobs.shareofpersonswithoutdisabilities.184FormoreinformationontheSDGprogressscoringmethodology,TheaverageCEOofanS&P500-listedcompanyearnspleasevisithttps://dashboards.sdgindex.org272timesasmuchastheiremployees,reflectingthewideningdisparitybetweenexecutiveandworkerpay.185GLOBALOUTLOOKGLOBALINEQUALITYACHIEVEMENTS&SHORTFALLS​1in6​EconomicequalityhasnotfollowedglobaleconomicRemittanceshavegrownrapidlyandbecomefarcheapergrowthandwiththeriseofartificialintelligence,inrecentyears,andarenowmuchmoreimportanttopeoplehaveexperiencedinequalitiesareonlyexpectedtodeepen.ThewealthiestmostLMICsthanofficialdevelopmentaid.186discrimination.179insocietyhaveaccumulateddisproportionatesharesofnewwealthwhilerealwageshavestagnatedforbillionsForeignDirectInvestmentintoLMICshasincreased34.6millionofworkersworldwide.Globalizationandremoteworkingsignificantly.VenturecapitalinvestmentinAfricahashaveenabledbusinessestoprovidejobsoutsideoftheirincreasedatacompoundannualrateof32%betweenrefugeesin2022,thehighesthomecountries,promisingtoreduceinequalitybutmost2014and2021.187everdocumented.180remoteworkopportunitiesarerestrictedtohigh-incomecountriesduetotax,legal,languageandculturalMillionsofjobshavebeencreatedinlow-income1in3barriers,whichmustbetackledtoreduceinequalities.countriesduetooutsourcingofcallcenters,back-officefunctions,andmanufacturingactivities.peoplewithdisabilitiesreporthavingexperienceddiscrimination.181Lessthan1%ofpeoplegained2/3ofallnewwealthcreatedinthelast3years,while4billionpeopleown76%just2%ofglobalwealth.188ofrefugeesandthoseinneedofWHAT’STHEPRIVATESECTORMEASURING?internationalprotectionhostedbylow-andmiddle-incomecountries.182LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:3621of36SAMPLEESGMETRICS1.GenderpaygapTotalstandardESGAveragenumberofSDG2.Employeesearningaminimumwagemetricsthatlink10ESGmetricsreported3.FemaleemployeestoSDG10bycompaniesintheESGBooksample66UnitedNationsGlobalCompactPrivateSectorSDGStocktake67REDUCEDEQUALITIESPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’scontributiontoreducedinequalitiesaremixed.Theprivatesector’srevenueassociatedwithreducinginequalitiesDespiteprogressoninclusiveproductdesignandwideraccesstoismixedandworsening.Financialinclusionreducinginequalityineducation,manyworkplacesarestillnotinclusivetoday.manycountriesisoffsetbyextractivesincreasingitinothers.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG10TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ExtractivesVeryPositiveDesigningproductsandservicesforlow-incomecommunitiesTotalStridesininclusiveproductdesignhavereducedinequalityofaccessto$84.1trillion3.4%4.1%TheimportanceofextractivesSomewhatPositivecommonproductsandservices.Forexample,infinancialservices,2.5billioninaneconomyisstronglypeopleworldwidegotaccesstoabankaccountforthefirsttimeintheConsumerGoods3.4%1.0%associatedwithinequality.Neutral10yearsbetween2011and2021,andtheemergenceofservicessuchas$7.7trillionWhileminingandoilandgasmobilemoneyhasbeentransformativefortheeconomyinsomelow-income15.2%0.3%operationscanbringjobsandSomewhatNegativemarkets.189Thisgrowthrequiredinnovativetailoringofdistributionchannels,Extractivesinvestmentintolow-incomepartnerships,andpricingstrategiesaswellasproductfeaturestosuit$13.8trillion2.0%1.4%countries,globallytherearetraditionallyunder-servedpopulationswithmanyuniqueneeds.manyworkforceswithlimitedFood&Beverage0.1%14.0%focusoninclusionandmanyExpandingaccesstoeducationandtraining$5.7trillionworkersonlowwages.ThereBymakingeducationaccessibleinremoteruralareasoflow-incomecountries0.1%2.7%isoftenagrowingdivideandreducingitscostforpeopleworldwide,businessesacrosssectorswhoFinancialServicesbetweensmallsegmentsofsupportpubliceducation,andsomeprivateschoolsaremakingsignificant$14.7trillion1.5%5.8%societygrowingwealthyfromcontributionstoreducinginequality.thebenefitsofextractives,HealthCare1.1%1.3%whilemostpeopleinlocalDesigningproductstopromotegenderequalityanddisabilityinclusion$5.6trillioncommunitiesdonotseemuchManycompaniesarenowinvestingmoretimeandenergyintodesigning2.5%3.7%developmentandthelocalareasproductstobeusedbythe1billionpeopleworldwidewholivewithsomeInfrastructurehaveoftenbecomefarmoreformofdisabilityandtotailorproductsandservicestoimproveequality$6.8trillionunequalasaresult.forwomen.190Bydesigningwithusersandtakingaccessibilityandgendertransformativedesignprinciplesintoaccount,theprivatesectorisreducingManufacturingFinancialServicesinequalities.$7.1trillionExpandingaccesstofinancialCreatinganinclusiveworkenvironmentServicesserviceshassignificantlyDiversity,equity,andinclusionhasrisentotheforefrontofmanyCEO$4.7trillionreducedinequality.Themarketagendas.In2021,76%ofCEOssaidtheywerebuildingarepresentativeformicrofinancegrewto$187workforceinthecommunitieswheretheyoperateandin2022,56%ofCEOsICTbillionin2022andisforecastsaidtheircompanywasincreasingworkforcediversitytobuildresilience.$10.7trilliontobecome$488billionbyCEOshavesignaledaninterestininvestinginDE&I,butprogramshave2030.192Ifdesignedresponsibly,notresultedinsustainedandeconomy-widechangesonemploymentTransportmicrofinanceloansoftenhaveoutcomes.191$6.9trillionveryhighrepaymentratesandexpandingaccesscanreduce0.3%2.4%economicinequality.VeryNegative0.3%1.5%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co68UnitedNationsGlobalCompactPrivateSectorSDGStocktake69SUSTAINABLECITIESKEYPRIVATESECTORCONTRIBUTIONSANDCOMMUNITIESMajorChallengesStagnatingAFFORDABLEHOUSINGACHIEVEMENTS&SHORTFALLS​Theworldisseverelyofftrack24.20%ofglobalurbanByprovidingjobsinurbanareas,theprivatesectorisBy2030,expertspredictthattherewillbe41citieswithtoachieveSDG11andprogresspopulationsarelivingininadvertentlydrivingmassiveurbanpopulationgrowth,morethan20millionresidents,reflectingoptimismisstagnatingslums(2020)193fuelingthehousingcrisis.Yetsomecompaniesarealsoaroundurbaninnovation.200seeingtheopportunityinprovidingaffordableproductsTheworldisnotontracktoachieveSDG11.Theannualmeanconcentrationandservicesforurbanlife.Notably,businessesareTheportionofpeoplelivinginslumsorinformalApproximately1.1billionpeopleliveinslumsorofparticulatematteroflessthancombattinghousinginequalitybycreatingmortgagesettlementssurpassed1billionin2018.201slum-likeconditions.Slumpopulationsinsmallcities2.5micronsindiameteris45.4products,providingloansforsmallbusinesses,andandtownsarerecordingfastergrowththanmanymicrogramspercubicmeter(2019)194creatingaffordablemobileandmodularhomeproducts.Globally,35%ofpeopledonothaveaccesstoaffordablemajorcitiesaroundtheworld.Theprivatesectorhousing;55%inSub-SaharanAfrica,30.5%inWestAsiamustfocusonprioritizingaccesstobasicservices,74%ofglobalpopulationshaveandNorthAfrica,and30.3%inCentralandSouthernAsia.202efficienttransport,andaddresscontinuingurbanaccesstoasafelymanagedenvironmentaldegradationandpollution.watersource(2020)195CLEANAIRANDWASTEACHIEVEMENTS&SHORTFALLS​FormoreinformationontheSDGprogressscoringmethodology,IndustrialactivityisoftenalargecontributortoairpollutionTheglobalaveragemunicipalsolidwastecollectionpleasevisithttps://dashboards.sdgindex.organdwasteinurbanareas.Citiesproduceroughly78%rateincitieswas82%in2022.203ofcarbonemissionsandproducesubstantialairborneGlobally,over4.2millionannualprematuredeathswerebepollutantsthatadverselyaffectover50%oftheworld’sattributedtooutdoorairpollution,occurringpredominantlyurbanpopulation.Businessesthereforehaveakeyroleinlower-andmiddle-incomecountriesin2016.204toplayinreducingairpollutingactivities.Citiesaccountfor2/3rdsofglobalenergyconsumptionandmorethan70%ofgreenhousegasemissions.205GLOBALOUTLOOKSMARTCITIESACHIEVEMENTS&SHORTFALLS​55%​Privatesectorinnovationinsensortechnology,internet-Sensor-triggeredstreetlightinghasallowedcitiestoof-things,andremotemonitoringhavecreatedtheconserveenergyandreduceurbanlightpollution.206oftheglobalpopulationpotentialforimproved,data-drivenurbanmanagement.livesinurbanareas.196Combinedwithartificialintelligence,thegrowthofsmartConnectedpublictransportationandinternet-of-thingscitytechnologyhasenabledtransportationnetworkstotechnologyenablegreatersystemreliabilityandfaster51.6%operatesemi-autonomouslyandforenergysystemstorepairs.reducepowerusageandlosses.oftheglobalurbanpopulationhasPrivacyconcernsrelatedtourbandatacollectionoftenconvenientaccesstopublictransport.197impedethebroadimplementationofsmartcitytechnologies.3.2%WHAT’STHEPRIVATESECTORMEASURING?ofurbanlandwasaccountedforbyopenpublicspacesin2020.198LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:1023823of38SAMPLEESGMETRICS1.CommunityprogramsandcountriesreportedhavinglocalTotalstandardESGAveragenumberofSDGgovernmentswithdisasterriskmetricsthatlinkto11ESGmetricsreportedinfrastructureprogramsreductionstrategiesin2022.199SDG11bycompaniesintheESGBooksample2.Wastereduction(e-waste,hazardouschemicals,etc.)3.Airqualityimpact70UnitedNationsGlobalCompactPrivateSectorSDGStocktake71SUSTAINABLECITIESANDCOMMUNITIESPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonsustainablecitiesandcommunitiesisTheprivatesector’srevenueassociatedwithsustainablecitiesandverypositive,reflectinginnovationsurroundinggreeninfrastructurecommunitiesissomewhatnegativeandworsening,drivenmainlyandtransportation.bytheeffectsofglobalairpollutionincities.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG11TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Extractives,Infrastructure,VeryPositiveProvideaffordablehousingforallTotalTransport,ManufacturingMostdisplacedpeopleliveincities,experiencinglimitedlivelihood$84.1trillion11.3%6.5%ThesesectorsaresignificantSomewhatPositiveopportunitiesandsocialservices.Providingthemwithaccesstoaffordablecontributorstoairpollution.housing,insuranceandmortgagesisessentialtosupportthrivingcommunities.ConsumerGoods6.2%7.5%AirpollutioncutsgloballifeNeutralCitiesrepresentaspacewherethepublic,privateandnon-profitsectors$7.7trillionexpectancyby3yearsandiscancollaboratetotransformslumsintomorelivableneighborhoods.31.9%1.0%nowtheleadingcauseofdeathSomewhatNegativeAffordablehousingcanprovideresidentswithacontinuedsenseofhomeExtractivesworldwide,causing8.8millionandplace,employmentopportunities,strongsocialnetworks,andimprove$13.8trillion4.6%3.9%deathsayear(morethansmoking).accesstopublicandlow-carbontransportoptions.99%oftheglobalpopulationFood&Beverage0.6%18.0%nowbreathesairthatdoesnotBuildingsustainablecities$5.7trillionmeetWHOlevels209–butfewWhileseverelyhitbytheCOVID-19pandemic,theconstructionsectoris0.5%0.6%companiesareaddressingtheirreboundingandinvestmentinenergyefficiencyrosetoanunprecedentedFinancialServicesimpactssofar.TheWEFAlliance$184billionin2020.207Fromconstructingnewzero-carbonhomesand$14.7trillion16.1%5.3%forCleanAirisakeyplatformofficestoretrofittingtheexistingstockofinefficientagingbuildings,thereforcoordinatingaction.arevastchallengesandopportunitieswhichtheprivatesectoristacklingatHealthCare12.5%3.0%scale.Creatingmoresustainablebuildingsasthedefaultwillbecriticalas$5.6trillionFinancialServicescitiescontinuetogrow.FinancialinstitutionsplayseveralInfrastructurecriticalrolesinimprovingurbanProvidingmobilitychoicesforall$6.8trillionsustainability.ContributionsTheprivatesectorprovidesalmostalltransportoptionsdirectlyorindirectly.rangefromfinancingsolarfarmsFrombicyclestoscooters,cars,busesandtrains,thevehiclesaretypicallyManufacturingandtransportationinfrastructuremadeandsoldbyprivatecompanies.Creatingaffordableoptionsforallof$7.1trilliontoprovidingmortgagesandloanstheseandmakingthemaccessibletolow-incomepopulationsisasignificantfornewhousing.contributiontosustainabledevelopment.208Whilenearlyhalftheworld’sServicespopulationstilllacksaccesstopublictransport,manyoftheexistingbus$4.7trillionandtrainservicesfundedorsubsidizedbythepublicsectorworldwidearealsorunbyprivatecompanies.ICT$10.7trillion15.1%4.0%Transport$6.9trillion0.4%7.3%VeryNegative21.9%4.3%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co72UnitedNationsGlobalCompactPrivateSectorSDGStocktake73RESPONSIBLECONSUMPTIONKEYPRIVATESECTORCONTRIBUTIONSANDPRODUCTIONModerateChallengesImprovingCIRCULARPRODUCTSACHIEVEMENTS&SHORTFALLS​TheworldisofftracktoPercapitaexportsofplasticLeadingbusinessesaremanufacturingproductswithTheglobalsecondhandapparelmarketwillgrowbyachieveSDG12andprogresswastereached0.76kilogramscircularityasacoreprinciple.Materialinnovationand127%by2026,whichisthreetimesfasterthanintheismoderatelyincreasingpercapitain2021210modulardesignprinciplesareenablingbusinessestooverallglobalapparelmarket.217easilyrecycleproductsandcreatenewrevenuesources.Thematerialfootprintpercapitainhigh-incomePercapitamunicipalsolidwasteManymultinationalcorporationshaveestablishedTheaverageageofalightvehicleintheUnitedStatescountriesis10timesthatoflow-incomecountries.reached0.79kilogramspersuccessfultake-backprogramstoretainvaluefromhasrisenfrom9.6yearsin2002to12.1yearsin2021,Despiterisingglobalhunger,foodwasteandcapitaperdayin2020211oldproductswhilemitigatingenvironmentalimpactsreflectinganincreaseintheproductcategorydurability.218lossesremainstaggeringanduneven.Responsibleandincreasingproductlongevity.WhileindividualconsumptionandproductionisintegraltothePercapitaelectronicwastebusinesseshavefoundsuccess,theglobaleconomyisOnly9%ofplasticwasteisrecycled,19%isincinerated,accelerationoftheSustainableDevelopmentGoals.reached7.3kilogramsperstillmissingtherequisitelarge-scaleinfrastructureto50%endsupinlandfilland22%evadeswastecapitain2019212becometrulycircular.managementsystemsandgoesintouncontrolledFormoreinformationontheSDGprogressscoringmethodology,dumpsites,isburnedinopenpitsorendsupinterrestrialpleasevisithttps://dashboards.sdgindex.orgoraquaticenvironments,especiallyinpoorercountries.219TheCPGmarketuses144millionmetrictonsofplasticpackagingeachyearandonlybusinessesaccountingfor20%ofthispackaginghavecommittedtousingrecycledcontentandhavetargetsfor2025.220GLOBALOUTLOOKCIRCULARACHIEVEMENTS&SHORTFALLS​BUSINESSMODELS66%​Industriesthathaveshiftedawayfromone-offproductTheworldcannotfixitswasteproblembyjustrecycling.salestowardcapitalequipment-as-a-servicehaveincreaseinglobaldomesticmaterialBusinessesareevolvingtheirfundamentalbusinesstypicallyrecordedhigher-than-averagemargins,oftenconsumption–theamountofrawmaterialsmodeltobecomemorecircular,improvingresponsibleviacostsavingsinmaintenance,equipmentoptimization,directlyusedforproductionprocessesinproductionandendoflifepractices.Forexample,andstorageandlogistics.acountry–from2000to2019.213businessesareretainingownershipoverproductstocontrolend-of-lifetreatmentandleasingorrentingTheUKrentalapparelmarketisforecasttobeworth13.2%productstoconsumers.Deployingas-a-servicebusiness£142millionbytheendof2022,withgrowthof164%modelsandestablishingasharingeconomyhaveallowedpredictedinthefollowingyearsto2026.221oftheworld’sfoodwaslostafterharvestcertainbusinessestoownlargeupfrontcapitalcoststoalongthesupplychangein2021.214controlanend-to-endproductlifecyclewhilegeneratingCircularbusinessmodelsremainasmallnicheacrossongoingvaluebyleasingtheproductovertime.sectorsandfirmsduetocorporateinertia,uncertainty90%fromleadership,andlabor-intenseprocessessuchasreverselogistics,resourcesorting,andproductofbiodiversitylossisdirectlyrefurbishment.attributabletomaterialextraction,consumption,andwaste.215WHAT’STHEPRIVATESECTORMEASURING?100GtLeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:ofmaterialswereextractedin20197442of74SAMPLEESGMETRICSandwillriseto170-184Gtby2050.2161.RecyclableandreusableTotalstandardESGAveragenumberofSDG1274metricsthatlinktoESGmetricsreportedbyproductdesignSDG12companiesintheESGBooksample2.Productreturnandrecyclingprograms3.SupplychaintraceabilityUnitedNationsGlobalCompactPrivateSectorSDGStocktake75RESPONSIBLECONSUMPTIONANDPRODUCTIONPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’scontributiontoresponsibleconsumptionandTheprivatesector’srevenueassociatedwithresponsibleproductionareverynegative.Whilewe’veseenimprovementconsumptionandproductionissomewhatnegativeandworsening,inwastemanagement,recyclingremainsinaccessibletomanycausedbyenormousfoodwasteandplasticpollution.consumersandbusinesses.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG12TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ConsumerGoodsVeryPositiveManagingthecollection,treatment,disposalandrecyclingTotalConsumerismandcheaperofsolidwaste$84.1trillion10.2%1.5%low-qualitygoodsaredrivingSomewhatPositiveInmanycountries,privatesectorcompaniesareresponsibleforsomeorallwastefulnessandundercuttingsectionsofthewastemanagementvaluechain,evenifelementsofitarefullyConsumerGoods11.2%1.7%therecyclingindustry.100Neutralorpartlyfundedbythepublicsector.Theyplayacriticalroleinrecovering$7.7trillionbilliontonsofresourcesenter19%ofwastefromlandfillsandrecyclingorcompostingit–andtheexpansion24.8%0.4%theeconomyeachyear,andonlySomewhatNegativeoftheiractivitiestoradicallyreducepollutioninlow-incomecountriesandExtractivesaround9%oftheseresourcesincreaserecyclingratesworldwideisacriticalchallengefor2030andbeyond.222$13.8trillion16.5%0.6%getrecycledorusedagain.224ReducingfoodwasteFood&Beverage1.7%0.5%Extractives,Transport,30%ofallfood,931milliontons,iswasted,whichaccountsfor8-10%$5.7trillionInfrastructure,Manufacturingofglobalgreenhousegasemissionsandcoststheworldanestimated1.7%<0.1%Thesehighresource-intensity$12trillioninhealth,economic,andenvironmentalcosts.223AnestimatedFinancialServicessectorsarecreatingnon-10milliontonsofspecialtycropsgrownnevermakeitpastthefarm$14.7trillion12.9%3.1%recyclableproducts,andaregateeveryyearbecauseoflaborshortages,cosmeticimperfections,andnotinvestinginalternativesweatherevents.Theprivatesectorisreducingthisbyinnovatingirrigation,HealthCare7.2%2.9%orrecyclinginfrastructureatharvestingmachineryanddigitaltechnologyinfarming;andintroducing$5.6trillionscale.Forexample,theworldmoreefficientpackaging,coldstorage,warehousing,inventoryandroute11.5%1.0%isproducingtwiceasmuchoptimizationinsupplychains.Infrastructureplasticasitwastwodecades$6.8trillionago,withonly9%ofplasticbeingReducingwastefromoperationssuccessfullyrecycledaccordingPrivatesectorcompaniesacrossindustriesgeneratevastquantitiesofwaste–ManufacturingtotheOrganizationforEconomicmuchofitisavoidablewaste,hazardouswasteorwastethatcannotbe$7.1trillionCo-operationandDevelopment.225recycled.Thereissignificantroomforimprovementinproductandprocessdesigntooptimizeresourceuse-efficiencyandrecyclingpotential.ServicesFood&Beverage$4.7trillion30%offoodproducedgloballyisManagingproductreturnsanddisposalslostorwasted,muchofitneverBusinessesaretypicallynothelddirectlyresponsibleforthecostsICTleavingthefarm.226Foodwastegeneratedbytheirproductswhentheyreachtheendoftheirlives.Entire$10.7trillioninthefoodserviceandretailindustriesdonothavecheap,safe,andefficientprocessestoreturnandsectorsaccountfor362milliondisposeofproductsatend-of-life.ThemandatoryintroductionofdepositTransporttonsoffoodwasteperyear.returnschemesinsomecountriesandincreasingvoluntaryeffortsbymany$6.9trillioncompaniestoconsiderwhathappenstotheirproductsatend-of-liferepresentprogress.Atthesametime,thewasteproblemcontinuestogrow.2.1%2.9%VeryNegative11.4%2.3%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co76UnitedNationsGlobalCompactPrivateSectorSDGStocktake77CLIMATEACTIONKEYPRIVATESECTORCONTRIBUTIONSSignificantChallengesStagnatingMITIGATIONACHIEVEMENTS&SHORTFALLS​TheworldismoderatelyofftrackTherewas4.69tCO2percapitaClimatemitigationiscentraltotheprivatesector’sThetotalnumberofTCFDsupportershasgrownbytoachieveSDG13andprogressofCO2emissionsfromfossilfuelcontributiontoglobalclimateaction.Businesseshave47%between2018and2022(571toover4,000).234isstagnatingcombustionin2021227leanedonmultipleleverstomitigatetheirimpactsTheemissionsforconsumption-onclimatechange.Settingnet-zerotargetsvalidatedBytheendof2022,companieswithscience-basedtargetsThepaceofclimateactionisnotsufficienttobasedCO2emissionsintheUSbytheScience-BasedTargetinitiative,measuringandorcommitmentsrepresented34%oftheglobaleconomyefficientlytackleclimatechange.Withoutcross-reached15.47tCO2percapitainreducingscope3emissions(whichaccountfor70%bymarketcapitalization.235sectoralcooperationandpolicy,globaltemperature2021,andtheUShasproducedofcorporateemissions),sourcingrenewableenergy,risewilllikelysurpass1.5°Cabovepre-industrial400billiontCO2since1750228andsettinginternalpricesoncarbonareexamplesofMorethanthreequarters(76%)ofcompanieswithlevels.UrgentgreenhousegasemissionsreductionChinamadeup30.90%oftheannualactionsthatleadingcompanieshavetakentomitigatescience-basedtargetspubliclyreportedprogressagainstisnecessarytoavoidincreasesintheseverityandglobalCO2emissionsin2021,butclimateimpacts.theirtargetsinsomeform.Morethanhalf(53%)offrequencyofdisasters.ithascumulativelyproduced250companiesfullyreportedprogressonalltheirnear-termbilliontCO2since1750229andlong-termtargetsin2022,whilearoundaquarterFormoreinformationontheSDGprogressscoringmethodology,(23%)reportedonatleastonetarget.236pleasevisithttps://dashboards.sdgindex.orgGLOBALOUTLOOKUnlesscompaniesacceleratedecarbonization,93%will$1.4trillion​misstheirnetzerotargets.237cleanenergyinvestmentRESILIENCE&ACHIEVEMENTS&SHORTFALLS​isexpectedin2022.230ADAPTATIONSupplierChainFinance(SCF)programsarestartingtogain1.2billionBusinesseshaverecognizedtheneedtoadaptandbuildmorepopularity.Forexample,Citi’srecentlylaunchedSCFresiliencetoalreadyexistingchangestotheclimate.supportsclientsastheyadvancetheirESGpriorities.peoplecouldbeforciblydisplacedLeadingbusinesseshaverespondedbydiversifyinggloballyby2050duetoclimate-materialinputsforproduction,conductingscenarioProjectionsbasedonglobaltemperatureriseof1.5°Cbyrelateddisasters.231analysestoidentifyclimateriskmanagementpolicies,2100suggestthatheatstresswillreducetotalworkingparticipatingininsurancemarketstoprotectagainsthoursworldwideby2.2percent—aproductivityloss93%climaterisks,andinvestinginnature-basedsolutionsequivalentto80millionfull-timejobs.238toreducedisasterrisks.ofGlobal2000companieswillmissIn2021,only3in10CEOsindicatedthattheirbusinessestheirnet-zerotargetsunlesstheyhadaccesstostronginsuranceforclimate-relatedrisks.239acceleratedecarbonization.232In2021,just28%ofCEOsindicatedthattheirbusinesses$803billionconductedintermediate-to-advancedscenarioanalysestoidentifyphysicalandtransitionrisksofclimatechange.240annualglobalclimatefinanceflowin2019-2020.233WHAT’STHEPRIVATESECTORMEASURING?LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:3721of37SAMPLEESGMETRICS1.Scope1,2,and3GHGemissionsTotalstandardESGAveragenumberofSDGmetricsthatlinkto13ESGmetricsreported2.GHGemissionsreductiontargetsSDG13bycompaniesintheESGBooksample3.Climatestrategyandresilienceplanning78UnitedNationsGlobalCompactPrivateSectorSDGStocktake79CLIMATEACTIONPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’slackofclimateactioniscreatingaverynegativeTheprivatesector’srevenueassociatedwithclimateactionisveryimpact.Whileinnovationiscreatingviablenewpathways,therearenegativeandworsening,reflectingthelackofaction,accountability,deepproblemswithcredibletargetsandinadequateprogress.andfinancialcommitmentonclimategoals.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG13TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Extractives&ManufacturingVeryPositiveCreatingproductsandservicestoacceleratedecarbonizationTotalHigh-resourceindustriesaredrivingPrivatesector-drivenresearchanddevelopmentiscreatingthetechnologies$84.1trillion24.5%4.0%significantGHGemissionsworldwide,SomewhatPositivetoreducecarbonemissionsandremovecarbonfromtheatmosphere.illustratingtheprivatesector’sInnovationsinsolarpanels,windturbines,carboncaptureandstorageandConsumerGoods30.0%2.6%continuedrelianceonfossilfuels.Neutralbatterieshavecreatedaviablepathwaytodecarbonizetheenergysector.$7.7trillionAcrossallsectors,thecarbonfootprintsofmanyproductsandprocesses48.7%0.6%Food&BeverageSomewhatNegativehavebeenmappedandsignificantlyreducedandthesetrendsareaccelerating.ExtractivesAgricultureisresponsiblefor$13.8trillion29.9%0.9%11%ofemissions,showcasingtheVeryNegativeDevelopmentsinelectricvehiclebatteriesandhydrogenfuelcellsarenowneedforgreenerpracticessuchashappeningextremelyrapidly,pricesaredecliningandconsumerdemandisFood&Beverage6.7%11.7%reducingtillageandusingcovercropsincreasinglystrong,makingapathwaytodecarbonizetransportincreasingly$5.7trilliontoreducecarbonemissions.245viable.Theshareofelectriccarsalestripledfrom4%in2020to14%in20220.9%1.5%andcharginginfrastructurecontinuedtoexpandrapidlyinmanycountries–FinancialServicesInfrastructurewhilehydrogenoffersarealisticlow-carbonfutureforheaviervehicles$14.7trillion40.3%4.6%Thebuiltenvironmentaccountssuchastrucks.241for40%ofGHGemissions,with25%HealthCare24.2%3.8%comingfromelectricitygeneration.Reducingoperationalgreenhousegasemissions$5.6trillionThisissettodoubleby2050duetoDespiteeffortstoreducecarbonintensity,privatesectoremissionsfrom26.1%2.7%risingenergydemands.246energy,transport,buildings,andagriculturehavegrownrapidly.ClimateInfrastructurechangeisnow“outofcontrol,”ashighlightedbyUNSecretaryGeneral$6.8trillionFinancialServicesAntónioGuterresinJuly2023.242WhilepeakemissionsfromtheenergyFinancialservicesplaysalargesectormayarrivein2025,therecontinuestobemassivenewinvestmentManufacturingroleinpushingforwardthegreeninfossilfuels,lockinginfuturecarbonemissionsandgreatlyincreasingthe$7.1trillionenergytransition.Since2016,risksofstrandedassets.Totaldecarbonizationmaybefurtherawayattherenewableenergyhastakenatotalcurrentpaceofchange.Servicesof$2.5trillioninbankloansand$4.7trillionbondunderwriting.247However,thisMostcompanieshavesetnotargetsforemissionsreduction.Oftheminorityonlyrepresents7%oftotalenergywhohave,veryfewhaveachievedsignificantreductions.CDPrecentlyICTactivities,reflectingthelevelofexaminedtheemissionsreductiontargetssetby13,000companiesand$10.7trillioninvestmentthatisstillneeded.determinedthat2outofevery3ofthesetargetswerenotcredible.243Withonlyasmallfractionofallbusinessessettingtargetssofar,andonlyTransportTransportationone-thirdofthosehavingmadecredibleplans,thereisacollectivelackof$6.9trillionWhileEVadoptionisincreasing,urgencyandalarge‘say-do’gapfromtheprivatesectoronclimateaction.thereisstillalargegap.248AstheUNSecretary-Generalstated,“wemusthavezerotoleranceforFurthermore,othertravelmodesnet-zerogreenwashing.”Increasingenvironmentalintegrity,credibility,suchasairtravelandshippingaccountability,andtheroleofgovernmentswillbecriticalintheyearsremaindifficulttodecarbonize.leadingupto2030andbeyond.1.5%2.0%41.5%4.4%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co80UnitedNationsGlobalCompactPrivateSectorSDGStocktake81LIFEBELOWWATERKEYPRIVATESECTORCONTRIBUTIONSMajorChallengesStagnatingPLASTIC&ACHIEVEMENTS&SHORTFALLS​CHEMICALPOLLUTIONTheworldisseverelyofftrackOnly28%ofmarinesites65%ofpackagingisreusable,recyclableorcompostabletoachieveSDG14andprogresscriticaltobiodiversityarePooroperationalandproductcontrolshaveledtoamongsignatoriesofthePlasticPactnetwork.256isstagnatingprotected(2022)249destructiveoceanpollutionglobally.Mostnotably,TheOceanHealthIndex:50-75trillionpiecesofplasticandmicroplasticsareEstimatedoceanoilpollutionisupto20timeshigherTheworldisnotontracktoachieveSDG14by2030.CleanWatersscoreis69currentlyinocean,reflectingthecompoundedresultthanitwas20yearsagofromoilspills,naturaloilseeps,Theoceanfacesastateofemergencywithincreasing(worst0–100best)(2022)250ofthegrowingplasticsdilemma.Chemicalspollutionanddischargefromoilandgasoperations.257eutrophication,acidification,andpollutionthreateningMorethanathird(35.4%)fromagriculturalrun-offisanothermajorsourceofitshealth.Tocounterthesenegativetrends,increasedofglobalstockswereoceanpollutionandthreatenstostifletheprospectPlasticwastemakesup80%ofallmarinepollutionandfundingforoceanscience,intenseconservationoverfishedin2019251ofprogressonSDG14.Inaddition,theprevalencearound8to10millionmetrictonsofplasticendupinefforts,science-basedoceanmanagementplans,andofhazardousoilcontaminationhasdisruptedoceantheoceaneachyear.91%ofallplasticisstillsingle-use.258reducingmarinepollutionofallkindsareessential.GLOBALOUTLOOKbiodiversity.TheprivatesectormustbediligentincarefullyweighingproductionactivitiesagainsttheAgriculturechemicalrun-offhasdetrimentaleffectsonFormoreinformationontheSDGprogressscoringmethodology,17million​riskofirreversiblydestroyingoceanlife.watersystems,contributingtohighlevelsofalgalgrowth,pleasevisithttps://dashboards.sdgindex.orgsediment,andharmfulbacteriaforoceanecosystems.metrictonsofplasticwastethathaveenteredtheAtlanticOceanSUSTAINABLEACHIEVEMENTS&SHORTFALLS​overthepast65years.252OCEANECONOMYBetween2018-2022,26bluebondtransactionstook30%Businessesarestartingtoseethevalueofasustainableplace,amountingtoatotalvalueof$5billionwithoceaneconomy,whichwillreach$3trillioninvalueand92%CAGRinthoseyears;yetbluebondscurrentlyincreaseinoceanaciditycomparedemploy40millionpeopleby2030.Theintroductionofrepresent0.5%ofthesustainabledebtmarket.259topre-industrialtimes.253bluebondshasbeenabrightspotforfundingmarineprotectionprojects,linkingoceanprotectiontofinancialFinancialinstitutionsareunderwritingnewfinancing539agreements.Shiftsawayfromsingle-useplasticshavemethodssuchasdebt-for-natureswapstoaligndivertedplasticpollutionfromtheocean.Regulatoryandinvestmentincentiveswithimprovingnatureoutcomesocean-monitoringstationsconsumerpressurehavealsoforcedbusinessestoconsiderincountriessuchasBelize.reportingacidificationin2023.254impactsonoceansandmarinelifewhenplanninglargecapitalprojects.Estimatessuggestthatinvesting$1in35%keyoceanactionscanyieldatleast$5inglobalbenefits.morethanathirdofglobalfishWHAT’STHEPRIVATESECTORMEASURING?stockswereoverfishedin2019.255LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:2815of28SAMPLEESGMETRICS1.BiodiversityimpactreductionTotalstandardESGAveragenumberofSDGmetricsthatlinkto14ESGmetricsreported2.WaterhabitatprotectionSDG14bycompaniesintheESGBooksampleorrestoration3.Hazardouswasteandoilspillreduction82UnitedNationsGlobalCompactPrivateSectorSDGStocktake83LIFEBELOWWATERPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactsonlifebelowwaterareverynegative.Theprivatesector’srevenueassociatedwithlifebelowwaterisOceanacidificationandplasticpollutioncontinuetothreatenverynegativeandstagnating,reflectingthescaleandimpactecosystemsunderwater.ofillegalfishingandmismanagementofagricultural.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG14TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Extractives,Infrastructure,VeryPositiveOver-fishingTotalManufacturing,Transport,Overfishingcontributestoanimbalanceinthefoodweb,leadingtoloss$84.1trillion28.3%1.0%Services,ConsumerGoodsSomewhatPositiveofvitalmarinelife.Italsomeansthatmorepeopledependonadwindlingstockofsealifefortheirfood.30%offishstocksgloballyareover-fished—ConsumerGoods32.6%0.1%ClimatechangeisraisingoceanNeutralorbeingpushedbeyondtheirbiologicallimitstoreplacethemselves—and$7.7trilliontemperaturesandaciditytorecord60%arefullyfished.Over-fishingisdrivenbypoorfishingmanagementand56.9%0.4%levelswithdrasticeffects.ItisSomewhatNegativeawidespreadlackofrules,enforcementandsignificantcontinuedillegalExtractivesdisruptingcriticallyimportantfishing(worth$35billionayear).260$13.8trillion30.5%0.3%oceancurrents,planktonandVeryNegativealgaebalances,anddestroyingGeneratingwaterpollutionFood&Beverage7.8%0.1%coralreefs.AsthefoundationsIn2021,17millionmetrictonsofplasticwaspollutingtheocean–andfar$5.7trillionoflifebelowwaterareeroded,moreinriversworldwide.261Ifcurrenttrendscontinue,therewillbe2-3X7.5%0.1%marinepopulationsworldwidemoreby2040,withcatastrophicnegativeimpactsonmarinelifeglobally.FinancialServicesarebeingdecimated.$14.7trillion48.3%3.0%Soilerosion,nutrientloss,bacteriafromlivestockmanure,andpesticidesFurthersector-specificnegativealsoreducewaterquality–andagriculturalrunoffisaleadingcauseofHealthCare29.7%2.2%impactsthataredisruptingdamagetoriversandstreams,whichthenimpactonlifebelowwaterin$5.6trillioncoastalandoceanecosystemswetlands,lakesandoceansglobally.30.1%2.3%include:offshoreoilandgasInfrastructureplatforms,oilspillsfromtankers,Finally,oceanacidificationisincreasingandwillcontinuetodosoifCO2$6.8trillionunder-seamining,offshoreemissionsdonotstoprising.TheaverageoceanpHis8.1,about30%windturbines,developmentofmoreacidicthanpreindustrialtimes.262ThisacidificationthreatensmarineManufacturingcoastallandanddestructionofecosystemswerelyon.$7.1trillionmangroveandsea-grassforests,andchemicals,exhaustandGrowinginterestindeepseaminingServiceswastedumpedfromshipping.Recentestimatessuggestthatglobaldemandforcriticalmineralsneeded$4.7trillionforglobaldecarbonizationwillincreasebyasmuchas400-600%intheFood&Beveragenextfewdecades.263WhiledeepseaminingpresentsapromisingnewICTsourcefortheseminerals,itdoesnotcomewithoutriskstodisruptingdeep$10.7trillionOverfishingandagriculturaloceanspecies.Researchisongoingtodeterminetheecologicalimpacts,chemicalrun-offarehavingbutexpertsexpectthatdirectcontactwithheavyminingequipment,Transportdevastatingeffectsonmarinedisruptiontooceanicfoodchains,andimpactstotheocean’sabilityto$6.9trillionlifeglobally.absorbatmosphericcarboncouldposeriskstooceanhealth.2.9%1.3%41.8%2.0%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co84UnitedNationsGlobalCompactPrivateSectorSDGStocktake85LIFEONLANDKEYPRIVATESECTORCONTRIBUTIONSMajorChallengesStagnatingLAND-USECHANGESACHIEVEMENTS&SHORTFALLS​TheworldisseverelyofftrackThesurvivalrateofRedListRampantdeforestationhascontributedtolarge-scaleInvestmentsinsomenature-basedsolutionspromisetotoachieveSDG15andprogressIndexspeciesis0.72biodiversityloss.Factoryfarmingandthemassexpansionrestorebiodiversityandprotectnaturewhilegeneratingisstagnating(worst0–1best)(2023)264ofranchinghaveledtolanddegradationandincreasedfinancialreturnstoinvestors.14.7%ofterrestriallandcarbonemissions.IncreasingindustrializationhaseliminatedProgresstowardachievingSDG15isbleak.Theplanetisprotected(2020)265wildlifecorridorsandreducedarableland.TheprivateBetween2015and2020,therateofdeforestationwasfacesescalatingforestloss,landdegradation,andthesectormustpivotquicklytoprotectnaturalecosystemsestimatedat10millionhectaresperyear.271extinctionofspecieswhichposeaseverethreattoGlobalforestcoveragedecreasedandvaluenaturalcapitalinallprojectdecisions.therestoflifeonearth.Inordertogetbackontrackfrom31.9%in2000(4.2billionAgriculturealoneisathreatto86%ofspeciesatriskoftowardSDG15,wemustmobilizeeffortstofinancehectares)to31.2%(4.1billionextinctionandtheglobalrateofspeciesextinctiontodaybiodiversityconservationandputanendtolandhectares)in2020266ishigherthantheaveragerateatanypointoverthepastdegradationpractices.10millionyears.272GLOBALOUTLOOKFormoreinformationontheSDGprogressscoringmethodology,Currently,mostnature-basedsolutionsprojectsarepleasevisithttps://dashboards.sdgindex.org100million​financedbypublicandphilanthropicfunds,whileonly14%ofcapitalisprovidedbytheprivatesector.273hectaresofnetforestarealostoverthelasttwodecades.267REGULATIONSCHANGESACHIEVEMENTS&SHORTFALLS​$8.9billionBusinessesarebeginningtograpplewitheconomy-wideNumerousorganizationshavedevelopedmethodologiesramificationsofbiodiversitylossandhaveimplementedforscience-basednaturetargetsetting,includingthegeneratedinbiodiversity-relatedaframeworkfordisclosingnature-relatedrisks.ScienceBasedTargetsNetworkandtheTaskforcefortaxesbetween2017and2019.268EffortstoestablishregulatoryframeworksreflecttheNature-RelatedFinancialDisclosures.earlystagesofalongprocesstoprotectbiodiversity500,000+andhabitatsfrombusinessimpacts.AgreeingonaLessthan40%ofassetmanagersreportvotingpoliciesstandardizedframeworkwillbecriticaltoreverseonbiodiversityingoverninginvestmentpractices.Interrestrialspecieswithinsufficientbiodiversitylossandpreventlanddegradation,whilecomparison,over80%ofassetmanagersreportvotinghabitatsforlong-termsurvivaljoiningbiodiversity-relatedgoalswiththenet-zeropoliciesonclimatechangeininvestmentpractices.274withouthabitatrestoration.269movementtoensureamoresustainablefuture.90%WHAT’STHEPRIVATESECTORMEASURING?ofglobaldeforestationistheresultLeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:ofagriculturalexpansion.2703518of35SAMPLEESGMETRICS1.DeforestationpolicyTotalstandardESGAveragenumberofSDGmetricsthatlinkto15ESGmetricsreported2.LandassetsustainabilitySDG15bycompaniesintheESGBooksample3.Productssourcedfromresponsiblymanagedforests86UnitedNationsGlobalCompactPrivateSectorSDGStocktake87LIFEONLANDPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactsonlifeonlandareverynegative.Theprivatesector’srevenueassociatedwithlifeonlandisveryClimatechange,landdegradation,deforestation,pesticideuseandnegativeandstagnating,reflectingthescaleofnegativeclimateotheractivitieshavedestroyed70%ofallwildlifein50years.changeimpactsonecosystemsglobally.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG15TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023Extractives,Transport,VeryPositiveRestoringbiodiversityTotalManufacturing&InfrastructureWehavedestroyed70%ofallwildlifegloballyinthepast50years.3years$84.1trillion31.2%0.7%ClimatechangeisrapidlySomewhatPositiveagothefigurewas68%andjustfiveyearsagoitwas60%.InLatinAmericaacceleratinganeweraofandtheCaribbean,anincredible94%ofallwildlifehasbeenlostinthepastConsumerGoods38.8%<0.1%human-inducedmassextinctionNeutral50years,followedbyAfricawith66%lossandAsiaPacificwith55%loss.275$7.7trillionandbiodiversitylossglobally.High-incomecountriessuchastheUKareamongstthemostnaturedepleted62.4%0.4%Fortheextractivesindustry,SomewhatNegativeintheworld.PrivatesectorimpactsonwildliferangefromthedirectandExtractivesactivitiessuchasopen-castillegalsuchaspoachingtothedirectandlegalsuchaswidespreadpesticide$13.8trillion36.8%0.2%miningandcreatingslurrypondssprayingtotheindirectsuchasgreenhousegasemissionsdisruptingtheglobalfromcoalwashinghavefurtherclimateandland-usechangedestroyingnaturalhabitats.Food&Beverage9.1%<0.1%negativeeffectsonbiodiversity.277$5.7trillionReversingdeforestationandlanddegradation1.4%0.4%Food&BeverageDeforestationandlanddegradationarethemostcriticalformsofhabitatFinancialServicesUnsustainablefarmingdrivesdestruction–andbotharestronglylinkedtoagricultureasexpandingfarms$14.7trillion53.9%2.7%deforestation,widespreadlanddrive90%ofdeforestationworldwideand100millionhectaresofhealthydegradation,andthereplacementlandaredegradedannually,276mainlybecauseoftheeffectsofintensiveHealthCare33.5%1.6%ofcomplexandcarefullybalancedfarmingandclimatechange.$5.6trillionnaturalecosystemswithmonocultureswherepesticideuseWhiletherehasbeenprogressingrowingtheproportionofforeststhatareInfrastructureandwaterstressoftendestroysprotected,certifiedandundersustainablemanagementplans,forestloss$6.8trillionthebaseofthefoodchainandandlanddegradationstillposemajorthreats.biodiversitycollapses.AcceleratingManufacturingthetransitiontoregenerativeCreatingprofitablebusinessmodelsandwaysoffinancingsustainableland$7.1trillionfarmingwithecologicalcorridors,andforestmanagementandrestorationofnaturalhabitatsisacriticalmoreplant-baseddiets,alternativechallengefortheprivatesector.ExamplesofpromisinginnovationsincludeServicesproteinsandlocallygrownfoodvoluntarycarbonmarketsthatcanrecognizethevalueofforestsandsoil$4.7trillioniscriticaltofeedagrowingascarbonsinksandsustainabletourismmodels.populationwhilereversingtheICTdestructionofnature.$10.7trillion33.4%1.7%Transport3.2%0.6%$6.9trillionVeryNegative44.1%0.5%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co88UnitedNationsGlobalCompactPrivateSectorSDGStocktake89PEACE,JUSTICEANDKEYPRIVATESECTORCONTRIBUTIONSSTRONGINSTITUTIONSMajorChallengesStagnatingPROTECTINGACHIEVEMENTS&SHORTFALLS​HUMANRIGHTSTheworldisseverelyofftrackTheCorruptionPerceptionsTheincorporationofmeasuresonchildlabor,moderntoachieveSDG16andprogressIndex,whichmeasuresBusinesseshavebothlegalandmoralresponsibilityslaveryandworkers'rightsintoESGmetricsincentivizesisstagnatingperceivedlevelsofpublictoenforcecriticalaspectsofhumanrightsprotections,largecompaniestoincreaseinspectionsoftheirsupplychains.sectorcorruption,is43includingplayingakeyroleineliminatingmodernslavery,Lackofglobalcooperation,financingandviolentglobally(highlycorruptchildlaborandhumantrafficking.Inaddition,theyare86%offorcedlaboroccursintheprivatesector–andconflictshavederailedSDG16.Bytheendof2022,0–100veryclean)(2021)278responsibleforensuringworkers'rights,safetystandardsmigrantsareparticularlyvulnerabletoit.Thenumber108.4millionpeoplewereforciblydisplacedworldwideandgeneralworkingpractices.Implementingriskofpeopleinmodernslaveryincreasedby10millionfrom–over2.5timesthenumberadecadeago,and4billion10.7%ofchildrenaged5managementandcompliancechecks,qualitystandards,2016to2021andisnowover50millionglobally.284peoplestilllivedoutsidetheprotectionofthelaw.to14areinvolvedinchildandcommittingtocross-sectoralpartnershipscanTomeetSDG16,wemuststrengtheninstitutionstolabor(2021)279contributetoprotectinghumanrights.Childlaborroseby8millioninthe4yearsto2020andfacilitatepeaceful,just,andsustainablesocieties.wasforecasttorisebyanother8millionby2022(to168million)–theeffectsofthepandemic,food,humanitarianFormoreinformationontheSDGprogressscoringmethodology,andclimatecrisesarereversingyearsofprogress.285pleasevisithttps://dashboards.sdgindex.orgTACKLINGCORRUPTIONACHIEVEMENTS&SHORTFALLS​GLOBALOUTLOOKTheprivatesectorisresponsibleforsignificantcorruption,Newanti-moneylaunderingandanti-fraudmeasureshave160million​bribery,taxabuse,andmoneylaunderingglobally.beenintroducedandanti-corruptiontrainingisimprovingAtthesametime,manybusinessesplayaleadingroleinscope,qualityandcoverage.childrenareengagedinchildlaborworldwide;indetectingfraudandcombattingmoneylaunderingor1in10globally.InSub-SaharanAfricaitisandcorruption.TheprivatesectorplaysatwinrolehereTraceabilityofphysicalproducts,financialflows,internet1in4children;andinfourcountriesinAfrica,over–firstlystrengtheningthepublicsectorandenablingsearchesandmobile-phonecallsisimproving,whichhalfofallchildrenaged5-15areforcedtowork.280itwiththelatestinnovationandsecondlyenhancingsupportsthedetectionofcrimes.complianceandimprovingself-regulationactivities.$2trillionAIishelpingimprovedetectionofmanyformsofcrime.ispaidinbribeseveryyearworldwide.281Moneylaunderingfinesincreasedto$10billionin2021,80%morethanin2019–butthiscouldreflectbothmore$4billionmoneylaunderingandbetterdetectionofit.286spentonlobbyingintheUSAalonein2022,Bankfraudisincreasinggloballywithmoreidentitytheft,upfrom$3.2billionin2015–themostspendingaccounttakeovers,cyberattacksandscams.camefrompharma,insurance,utilities,techandoil&gas.282WHAT’STHEPRIVATESECTORMEASURING?458,000LeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:homicidevictimsin2021–thehighestnumberin6947of69SAMPLEESGMETRICS20years–nearly44%involvegunviolenceandthe1.Bribery-orcorruption-relatednumberoffirearmsgloballygrewfrom875millionTotalstandardESGAveragenumberofSDGin2006to1billionin2017(85%civilianowned).283metricsthatlinkto16ESGmetricsreportedlawsuitsSDG16bycompaniesintheESG90Booksample2.Taxcontributions3.Anti-slaverythroughoutvaluechainUnitedNationsGlobalCompactPrivateSectorSDGStocktake91PEACE,JUSTICEANDSTRONGINSTITUTIONSPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonpeace,justice,andstronginstitutionsTheprivatesector’srevenueassociatedwithpeace,justice,andissomewhatnegative,reflectingdamaginglobbying,thegrowthofstronginstitutionsissomewhatnegativeandstagnating,reflectingchildlaborandmodernslaveryandtheerosionofworkers'rights.ongoingchallengesincorruptiondespiteimprovementinaccesstoinformation.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG16TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ExtractivesVeryPositiveEmpoweringthepublicsectortobetterprotectpeopleTotalBystrengtheningthepublicsector(especiallywithdigitaltechnology),the$84.1trillion6.5%2.4%ThereisastrongcorrelationSomewhatPositiveprivatesectorenablesmoreaccuraterecord-keeping,bettercommunicationbetweentheimportanceofandmoreeffectiveactioninpoliceforces,legalsystems,civilservices,armedConsumerGoods3.0%2.0%extractivesinaneconomyandNeutralforces,andmanyspecialistagenciestaskedwithfightingvariousformsof$7.7trillionthelevelsofcorruptionandcorruptionandviolenceworldwide27.3%0.1%violenceinsociety.SpecificSomewhatNegativeExtractivesexamplesincludecasesofEnablingaccurateinformationtobeorganizedandshared$13.8trillion5.4%0.2%briberyandpoliticalinfluenceTheprivatesectorhasassumedakeyroleinpreventing,detectinganddealing(bothwithinandbeyondthewithmisinformation,falseadvertising,incitementstoviolence,illegalcontent,Food&Beverage1.5%2.9%rules)byoil&gascompanies,fraudandmanyotherproblemsonline.Whileitdoesnotperformtheseroles$5.7trillionunsafeworkingconditionsinperfectly,thesearevitalcontributionstowell-functioningmodernsocieties.0.2%2.0%manyextractiveoperationsFinancialServicesworldwideandtheuseofforcedLobbyingagainstimportantchangestoincreaseshort-termprofits$14.7trillion1.8%2.6%laborandchildlabor,especiallyNarrowbusinessinterestsyieldexcessiveinfluenceonpolicy-makingandintheartisanalminingsector.legislationinmanycountries.LimitedtransparencyoverlobbyingeffortsHealthCare2.9%0.2%havemaskedthesourceoflegislativeinfluence.Manyhigh-profileindustries,$5.6trillionFood&Beveragesuchasthetobaccoandoilandgassectors,havewieldedpowerfulinfluenceovergovernmentstocombathealthandenvironmentalregulations.Infrastructure70%ofallchildlaborglobally$6.8trillionisintheagriculturesector–Protectingworkers’rightswiththehighestconcentrationViolationsofworkers’rightsremaincommonplaceworldwide.TheseviolationsManufacturinginsmallfamilyfarmsinSubtakeplacepredominantlyintheinformaleconomy,wheregigworkersand$7.1trillionSaharanAfrica.287independentcontractorsreceivelowwagesandlimitedsocialprotections.Moreover,workersreceivelimitedprotectionsincountrieswherecorruptionServicesServicesiswidespread,theruleoflawisweak,andarbitrationandenforcement$4.7trillionareunavailable.ThereisastronglinkbetweenICTthegamblingindustryandcasinos$10.7trillion10.1%2.6%andorganizedcrime,corruptionandviolenceinsociety.Transport0.6%9.3%$6.9trillionICTVeryNegative0.3%0.0%ThegrowthoftheinternethasKEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeenabledinformationtospreadDataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.commorerapidly.Whiletheeaseof92informationsharinghasintandemledtoariseinmisinformation,thewidespreadavailabilityofinformationhasempoweredgreatermediafreedominmanypartsoftheworld.KEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.coUnitedNationsGlobalCompactPrivateSectorSDGStocktake93PARTNERSHIPSKEYPRIVATESECTORCONTRIBUTIONSFORTHEGOALSSignificantChallengesStagnatingPARTNERSHIPSACHIEVEMENTS&SHORTFALLS​Theworldismoderatelyofftrack9.8%ofglobalgovernmentBusinessesareincreasinglyworkingalongsidegovernments,Public-PrivatePartnershipsandblendedfinancehavebeentoachieveSDG17andprogressspendingisallocatedtomultilaterals,non-profits,academicsandpeerstotacklecriticaltomanysuccesses–theJointSDGFundhasisstagnatinghealth(2021)288systemicchallengesthatnoonebusinessorsectorcanmobilized1.5billioninfundingforcountriestoachievehandlealone.Inpartnershipstheprivatesectorcanoffer2030targets.TheworldisofftracktoachieveSDG17by2030.Inlow-andmiddle-incomevaluableexpertise,data,technologies,financialresourcesGeopoliticaltensionsandaresurgenceofnationalismcountries,governmentrevenueandinnovation.TheycanbenefitbyunlockingsustainableImpactinvestmentfundswerevaluedat$1.2trillionbythearecreatingachallengingenvironmentforbusinessexcludinggrantsconstitutesrevenueopportunities,managingtheirgreatestlong-termendof2021–fuelingthegrowthofsustainablebusinessleaderstonavigate.Businessesmustadaptand18.2%ofGDP(2020)289risks,enhancingtheskillsoftheirworkforces,andimprovingmodelswhichcanactasbridgesbetweensectors.295collaboratetoovercomecompoundingchallengescompanyvalue.ofconstrainedfinancialcapacityandrecordhighTheCorporateTaxHavenScore,TheGlobalCompactBusinessPartnershipHubisaninflationglobally.whichranksjurisdictionsmostonlineplatformconnectingtheUNandbusinessestocomplicitinhelpingmultinationaladvancepartnershipprojectsaroundtheworld.FormoreinformationontheSDGprogressscoringmethodology,corporationsunderpaycorporatepleasevisithttps://dashboards.sdgindex.orgincometax,is20globally(noscopeFINANCINGTHESDGsACHIEVEMENTS&SHORTFALLS​forcorporatetaxabuse0–100unrestrainedscope)(2021)290ThelatestestimatesoftheSDGfinancinggapbetweenESGmeasurementstandardizationhasimproved;2023–2030are$103–135trillion.Mobilizingmoreprivateguidanceonimpactaccountingisemergingandtheresectorfinanceisvitallyimportanttoaccelerateprogressonisformalcollaborationtointegratethesemovements.theSDGs.FacilitatingtheseglobalinvestmentswillbecriticalSDGfinancingbyjust40leadingfinancialinstitutionstosupportSMEsandbusinessesintheGlobalSouth.increasedfrom$2.1trillionin2020to$2.5trillionin2021(20%one-yearincrease).296SDGfinancinggaphasgreatlyincreasedsince2020.297GLOBALOUTLOOKFORMALIZINGBUSINESSESACHIEVEMENTS&SHORTFALLS​$10trillion​AccordingtotheILO,2billionworkers,or60%oftheworld’sMorethan60%oftheworld’semployedpopulationemployedpopulationaged15andolder,spendatleastpart(over2billionpeople)areemployedintheinformalGlobalestimateofannualprivatesectoroftheirtimeintheinformalsector.Byexpandingtheinternet,sectoraccordingtotheILO.298taxrevenues–includingVAT,corporatebankaccounts,paymentsanddigitalidentities,theprivateInAfrica,over85%ofallemploymentisinformal–itistax,payrolltax.291sectorisincentivizingmillionsofsmallbusinessestosethighestinruralareasforthosewithlesseducation.299themselvesupasformallegalentitieseveryyearandenabling$500billionthegrowthoftaxrevenues.globalcorporatetaxavoidancein2021.292WHAT’STHEPRIVATESECTORMEASURING?$9trillionLeveragingESGBookasamarketaggregatorofESGdatameasurement,wehaveidentified:Thetotalexternaldebtoflow-and3121of31SAMPLEESGMETRICSmiddle-incomecountriesreachedin1.Suppliercriteriarigor2021,recordinga5.6percentincreaseTotalstandardESGAveragenumberofSDGfrom2020.293metricsthatlinkto17ESGmetricsreported(climate,diversitytargets,etc.)SDG17bycompaniesintheESG2.7billionBooksample2.Communityengagementpeoplearestillofflinein2022–1/3of3.Governmentengagementtheworld’spopulation.Thisreducedsignificantlyfrom3.6billionbeforetheUnitedNationsGlobalCompactPrivateSectorSDGStocktake95pandemic,butprogressisslowing.29494PARTNERSHIPSFORTHEGOALSPRIVATESECTORCONTRIBUTIONS:IMPACTASSESSMENT​PRIVATESECTORSTOCKTAKE:REVENUEALIGNMENT​Theprivatesector’simpactonpartnershipsforthegoalsissomewhatTheprivatesector’srevenueassociatedwithpartnershipsforthepositive,reflectingtheprivatesector’songoingeffortsinworkingwithgoalsissomewhatpositiveandstagnating,reflectingthescaleofvariousstakeholdersaswellasengaginglocalcommunities.cross-sectoralcollaborationandtheimportanceofopen-forumdialogue.BUBBLESIZEREFLECTSAXISPLACEMENTREFLECTSSECTORREVENUEALIGNMENTWITHSDG17TRENDCOMMENTARYTHESCALEOFTHEIMPACTTHESTRENGTHOFTHEIMPACTMarketSize%RevenueAssociatedwith(+)and(-)Impacts2015-2023ConsumerGoodsVeryPositiveTotalIndustryconsortiumssuchasthe$84.1trillion<0.1%12.4%SustainabilityConsortiumhavebroughtcompetitorstogetherBuildingpositiverelationswithlocalcommunitiesConsumerGoods<0.1%15.8%toimproveworkingconditionsFortune500companiesspendover$20billiononphilanthropicactivities$7.7trillionandproductimpactsinpursuitannually300–muchofthisinvestmentisaimedatimprovingrelationswith<0.1%1.4%ofsustainabledevelopment.localcommunitiesbygivingbacktolocaleducation,health,jobcreation,ExtractivesOutcomeshaveincludedproductSomewhatPositivesportsandartsprojectsinpartnershipwithnonprofitsandcivicinstitutions.$13.8trillion<0.1%2.5%labelingagreementstoprovideNeutralgreaterconsumertransparency.EnablingbetterpublicadministrationFood&Beverage<0.1%28.5%SomewhatNegativeTheprivatesectorprovidesmuchofthecriticalinformationthatsociety,$5.7trillionFinancialServicesinstitutionsandgovernmentsrelyupontoday.Forexample,mappingthe<0.1%2.0%Financialservicescompanieshaveworld,registeringbirthsandlandholdings,andcapturinggranulardataonFinancialServicescreatedproductsandfinancingfinancialflows,whichenabletaxcollectionandmanyothercriticalpublic$14.7trillion<0.1%21.0%schemestofundsustainablesectorfunctionsareallenabledbytheprivatesectortoday.development.ThemarketforHealthCaresustainability-linkedfixedincomePayingafairshareoftaxes$5.6trillioninstrumentsreached$1trillionTheprivatesectorcontributesanestimated$10trilliontogovernmentin2021.Inaddition,foreigndirectrevenuesthroughVAT,corporatetaxandpayrolltaxesannually,301fundingInfrastructureinvestmentinAfricareachedthedeliveryofpubliceducationandhealthandsocialwelfaresystemsand$6.8trillion$83billion,upfrom$39billioninmanyotherbudgetsthatadvanceSDGs.However,taxabusebymultinational2020.303corporations(includingchannelingmoneythroughopaqueoffshoretaxhavens)Manufacturingcosts$312billionannually.302$7.1trillionInfrastructureExpandinginternetaccessServices<0.1%3.8%iscontributingtobettertax$4.7trillioncollection,facilitatingmany<0.1%8.6%newformsofcross-countryICTandcross-industrypartnerships.304$10.7trillion<0.1%15.2%TransportVeryNegative$6.9trillion<0.1%12.5%KEYVeryPositiveSomewhatPositiveMixedSomewhatNegativeVeryNegativeKEYNetrevenuehasincreasedby>20%since2015Netrevenueiswithin+/-20%since2015levelsNetrevenuehasdecreasedby>20%since2015DataprovidedbyImpaakt.Formoreinformation,pleasevisitwww.impaakt.comDataprovidedbyUtil.Formoreinformation,pleasevisitwww.util.co96UnitedNationsGlobalCompactPrivateSectorSDGStocktake97CHARTINGTHEPATHTO2030:BLUEPRINTFORPRIVATESECTORACTIONONTHESDGS(2023-2030)UnitedNationsGlobalCompactPrivateSectorSDGStocktake99EVERYBUSINESSPLAYSAROLEINACHIEVINGTHESDGSBY2030THE2030BLUEPRINTOFFERS10PATHWAYSFOREVERYBUSINESSTOSHAPEITSOWNCONTRIBUTIONAchievingtheSDGsby2030willrequiretheworldtomovefromanoutdatedextractiveeconomytoafairerandmoresustainableeconomicsystem.Toeffectivelyaccomplishthistransition,theprivatesectormustThese10pathwaysrepresentcross-sectoractionsthatcanenabletheprivatesectortoembedSDGsintoadoptthreecoreprinciplesofaction.theircoreoperations.AsallSDGsareinterconnected,these10pathwaysservetosupportmanyofthem.EmbeddingthesethreepillarsacrosstheprivatesectoriscriticaltoachievingtheSDGsby2030.Somepathwaysrepresentactionsthathavealreadystarted,butmustbeaccelerated,whileothersareBusinessleadersmustbalancetrade-offsbetweenthepillarsaswell.Byfocusingonwhereeachbusinessmorenovelandambitious.Dependingonthesectororindustry,aswellaswhereacompanyisontheircanmaximizeitspositiveimpactwhileminimizingnegativeimpacts,businessleaderscantakecalculatedsustainabilityjourney,pathsmayvaryinimportance.riskstoprogressthe2030agenda.ProvideaPromoteGenderEXPANDTHEBENEFITSOFMARKETSLivingWageEqualityTOACHIEVESOCIALRESPONSIBILITYEXPANDLeveragetheimpactsofeconomicactivityandinnovationpromoteanequitableandinclusivesociety.RecommittoInnovatetheBasicsResponsibilityEXPANDStrengthenPATHTOAccelerateSustainability2030ClimateActionLeadershipSCALESCALEPATHTO2030TRANSFORMORMTRANSFCommittoAdvanceSustainableWaterCorporateFinanceResilienceSCALETRANSFORMInvestinProtect&NEWINCENTIVETHEBASISOFCircularityRestoreNatureSYSTEMSBUSINESSTOREDEFINESUCCESSINTERMSTOACHIEVEENVIRONMENTALOFRISK,RETURN,ANDIMPACTSUSTAINABILITYAdaptgovernanceandcorporatefinancestrategiestopromoteprivatesectoralignmentwiththeSDGs.Alignbusinessmodelstomitigateenvironmentalimpactsandpairtraditionaleconomicgrowthmetricswithenvironmentalsustainability.​100PleasevisittheUNGlobalCompactForwardFastercampaignfordetailedguidanceonfiveofthesepathwaysUnitedNationsGlobalCompactPrivateSectorSDGStocktake101RECOMMITTOBUSINESSPOTENTIALTHEBASICSCorruptionpresentsamassiveeconomiccosttobusinessesaroundCURRENTSTATEtheworld.CombatingcorruptionthroughgoodgovernancecanhelplowertheastronomicalcostandrealignfundstoachievingtheSDGs.Allcompaniesneedtoadheretotheprinciplesofintegrity,transparency,andaccountability.Thisstartswithrecommittingtothebasics,whichincludes(i)adoptingresponsiblehuman-rightsbasedbusinessstrategies,and(ii)conductingbusinessinaprincipledmanner,freeofcorruptpracticesandbribery.​Sustainabilityactiontosupportlifeontheplanetisintrinsicallytiedtohumanrights.Over90%ofSDG-relatedtargetsreflectcoreinternationalhumanrightsandlaborstandards.305Theprivatesectorneedstodemonstratehowitrespectsthehumanrightsofemployees,contractors,workersinvaluechains,consumers,andcommunities.RealandmeasurableperformancefromtheprivatesectoriscrucialandcanbereflectedintheHumanRightsDueDiligence(HRDD)processguidedbytheUNGuidingPrinciplesforBusinessandHumanRights(UNGPs),anchoredinHumanRightsPrinciples,theUNGlobalCompactTenPrinciples,andinternationallaborstandards.Momentumisbuildingforbusinesses,asapositivetransformativepowerofchange,toconducthumanrightsduediligence.Investors,workers,communities,andconsumersnowdemandmoreconscientiousactionfrombrandsandarewillingtovotewiththeirwallets.Additionally,legislativeandregulatoryeffortsareincreasinginsomejurisdictions,requiringreportingandaccountabilityforhumanrightsimpacts.Thismeansthatbusinessescannolongerpurelycarryouthand-pickedsocialimpactprojects,butalsoneedtoembedahumanrights-basedapproachtoeveryaspectoftheiroperations.​GLOBALCORRUPTIONCOSTSAREASHIGHAS:1in430%160m$1.3T$132Bpeoplesaidtheypaidofpeoplesurveyedchildrenestimatedfromcorruption,bribery,theftandtaxfromcorruptioneachyearthroughoutabribeforpublicgloballyfelttheirtobeinvolvedinevasion,andotherillicitfinancialflowstheEuropeanUnion'smemberstates310servicesinthe12governmentwasdoingchildlaborindevelopingcountries309monthspriortosurveywellfightingcorruption102UnitedNationsGlobalCompactPrivateSectorSDGStocktake103RECOMMITTOTHEBASICSPRIORITYACTIONSCEO,CECO,CLO,CRO,CSOCOMPANYEXAMPLESTCHIBOIMPLEMENTTHEHUMANRIGHTSDUEDILIGENCE(HRDD)PROCESSCOVESTROTchibohassignedaGlobalFrameworkHoldleadershipaccountabletoHumanRightspoliciesAgreementtogetherwithIndustriALLGlobalCovestroisoneoftheworld’sleadingUnion,aglobaluniontradefederation,toAssignresponsibilityforembeddingHRpolicies,alignedwiththeUNGuidingPrinciplesforBusinessandHumanRights(UNGPs),seniormanufacturersofhigh-qualitypolymermaterialsimproveworkingconditionsinitssupplychain.managementforcleardirectionandincorporationintoallbusinessoperations.Actionsinclude:(1)developclearHRpolicythatalignsandiscommittedtorespectingandsafeguardingThehumanrightsWEprogramplaysacrucialwithUNGP,(2)communicateHRpolicyinternallyandexternallytomakesurestakeholdersunderstandthroughouttheorganization,humanrightsonthebasisoftheUnitedNationsrolefortheimplementationoftheagreement(3)embedthepolicythroughoutoperations,decision-makingprocesses,andgovernancestructures.GuidingPrinciplesonBusinessandHumanandisbasedonaninnovative,dialogue-orientedRights(UNGPs).Thecompanyacknowledgesitsapproach.TheaimistosustainablyimproveInitiateoracceleratetheimplementationofongoingHRDDprocessesresponsibilitytorespecthumanrightsthroughoutworkingconditionsinproductionfacilitiesofthethecompany,itssubsidiariesandinglobalconsumergoodsindustrybyinvolvingworkers,Developandimplementanongoingmechanismtoidentifyactualandpotentialriskstopeople—bothinternalandexternal—andprioritizesupplyandvaluechains,topreventhumanrightsworkerrepresentativesandmanagers.Tchiboaddressingthemostsalientrisksfirst.Actionsinclude:(1)supporttrainingofindividualsorworkstreamsresponsible,(2)developanviolations.CovestrointegrateshumanrightshasextendedtheWEprogramtoallstrategicongoingHRDDprocessthatalignswiththeUNGPsandassuresmeaningfulandtransparentengagementwithstakeholders,and(3)plantopicsintoitscompanymanagementsystemsproducers,overalltomorethan430.Toexpandandimplementactionstoprevent,mitigate,addressandaccountforadverseimpactswhilemonitoringandreportingonperformance.whileitscross-departmentalHumanRightstheWEprogrambeyonditsownsupplychain,OfficeisresponsiblefordrivingtheduediligenceTchibohastakenthesteptoset-uptheWEEstablishgrievancemechanismsandremediationprocessesapproachatCovestroinlinewiththeUNGPs.ProgramasaseparateentityasofJanuary2023ThisduediligenceisembeddedinitshumantoenablefurtherscalingandtoofferinnovativeProactivelyprovideachannelforaffectedpartiestovoicegrievances,accessinformation,andobtainredressforanyhumanrightsrightsmanagementsystem,whichcomprisessolutionstoorganizationsandotherbusinesses.​violationsornegativeimpactscausedbycompanyactions.Actionsinclude:(1)establishingalegitimateauthorityorgroupwithinthesixcoreelements:policy&commitment;riskorganization,withindependenceandimpartiality,toaddresshumanrightsgrievances,(2)makingthemechanismaccessibletoallassessment;reporting;measures;grievancepotentiallyaffectedstakeholders,includingworkers,communities,andcustomers,and(3)collaborateandcooperatewithexternalmechanismandmonitoring.parties,suchasindustryregulators,multi-stakeholderinitiatives,orrelevantgovernmentalbodies,tofacilitateaccesstoremedy.HAAS&COMAGNETTECHNIKGMBHAdvocateforrespectforhumanrightsbeyonddirectoperationsUponnoticingparticularlyhighturnoveratoneWorkcollaborativelywithindustrypeers,suppliers,andpartnerstoinfluencetheimplementationofhumanrightsduediligenceacrossoftheirChinesesuppliers,Haas&Co.soughttotheprivatesectorandtosupportgovernmentinprotectinghumanrights.Actionsinclude:(1)engagemeaningfullywithsupplierstoimproveworkingconditionstoreduceturnover.influenceandsupporttheirhumanrightsdue-diligenceefforts,(2)shareexperiences,joinindustryassociations,andattendpeer-learningTheycompletedcomprehensivemappingofsessionstolearnfromothersabouttheirsustainabilityefforts,and(3)supportgovernmenteffortsfortheSDGsandcooperatewiththeirmagnetsupplychaintoidentifypotentialjudicialmechanismstoassureaccesstoremedyforvictimsandvulnerablecommunities.riskhot-spotsandcollaboratedwiththesuppliertoimproveworkingandlivingconditionsSTOPALLINCIDENCESOFBRIBERYforamigrantworkforce.Indevelopingandimplementingsimplechanges,suchastheConductriskassessmentsprovisionofPPE,installationofemergencyswitchesonproductionmachinesorrenovationDefinespecificcompanyrisksandreviewcurrentpractices.Potentialactionsinclude(1)establishingregularreviewsofrisksandexistingofworkeraccommodation,theysawsignificantprocesses(2)developingananti-briberyprogramandintegratingitintoorganizationalstructure,assigningresponsibilities(3)reviewingpositivefeedbackwiththereturnrateofmigrantabilityofservicefunctionstosupportzerobriberypolicy/program.workersincreasingupto90%.Thishighlightshowevensmallbusinessescanenhanceworkers’Ethicalleadershipandanti-corruptionprogrammesofethicsandcompliancerightsandintegratehumanrightsconsiderationsintosupplierrelationships.Runtrainingcoursesandimplementationprogramstoraiseawarenessoncompanypolicy.Potentialactionsinclude(1)communicatinganti-briberypolicyandprograminternallyandexternally(2)runningtrainingcoursesforallemployeesandpartners(3)obtainingcommitmentsfromallemployeesandleadershiptozerobribery,(4)developingwhistleblowingchannelsforraisingissues(5)establishingdisciplinaryproceduresandtrackingincidentsandresponse(6)capturingknowledgefromincidentsandreport,includingthird-partyaudits.PromoteastrongculturearoundCollectiveActionPromoteastrongculturearoundCollectiveAction.Potentialactionsinclude:(1)creatingacultureofethicsandintegritytobuildtrustwithconsumers,employees,investors,suppliers,andotherstakeholdersbycommunicatingandapplyingpoliciesinaconsistent,inclusive,andtransparentmanner.KEYRESOURCES•UNGlobalCompactUNODC“FightAgainstCorruption”Course•UNGlobalCompactAcademy“TakingCollectiveAction•TenPrinciplesoftheUNGlobalCompact•UNGlobalCompactAnti-CorruptionAgainstCorruption”•UNGlobalCompactAnti-CorruptionRiskAssessment•BusinessandHumanRightsNavigator•UNGlobalCompactFightingCorruptionintheSupplyChainGuide•UNGlobalCompactPlaybookonAnti-CorruptionCollectiveAction104UnitedNationsGlobalCompactPrivateSectorSDGStocktake105PROVIDEANDBUSINESSPOTENTIALPROMOTEALIVINGWAGE​Ifcompanieswouldpayalivingwage,theprivatesectorcouldmeaningfullydrivepositiveimpactgloballyonworkingpoverty.​CURRENTSTATEBY2030,THEPRIVATESECTORCOULDLIFT​:Businesshasthepowertoimprovethelivesofthemosteconomicallyvulnerablepopulations.Assuringthatallworkerscanmeettheirbasicneeds—supportingthemselvesandtheirfamiliestoastandardthatisuniversallyconsidereddecent—isfundamentaltoensuringapeople-centeredsustainabilityapproachthatleavesno-onebehind.​Theprivatesectorplaysanimportantroleinimprovingworkingconditionsforworkersglobally.Minimum-wagelawsareoftenmisalignedwiththerequisitelevelofpaytoenabledecentlivingastheyarenotalwaysconsistentlyenforced,oftensetwithoutextensivesocialdialogue,notadjustedfrequentlyenoughtokeepupwithinflation,ortheydonotapplytoallcategoriesofwage-earnersnorthosewhodonotearnwages,includingsmall-scalefarmersandtheself-employed.Companiesmustgobeyondlegalrequirementstoimproveemployeepayandtherebyincreasequalityoflife.​Providingalivingwagebenefitscoreoperations,valuechainsandthewideroperatingenvironmentandenablesbusinessestomeettheirhumanrightscommitments.Whileprovidingpaymentoflivingwagesisoftenseenasacost,itcanoffermanybenefitstobusinesses—suchasincreasedstaffmotivation,productivityandimprovedsupplychainrelationshipsandperformance—andshouldbeseenasaninvestment.​1/350%3.7%123M26Mofallworkers,areofsmall-scalefarmersdecreaseinnormal123millionpeopleoutofworking26millionpeopleoutofworkingestimatedtoearnlessearnlessthanalivingweeklywagesintheUSpovertyifcompaniesemploying20%ofpovertyiftheagriculture,forestry,thantheyneedtoaffordincome312amongworkersinthetheworkingpovertypopulationraisedfishing,mining,andmanufacturingadecentstandardlowestearningsdecilewagestothelevelofalivingwageindustries(3industrieswiththeofliving311since2000313(SeeAppendix)​mostworkingpovertyglobally)tookcollectiveactiontoencouragelivingwageadoptionacrosstheirsupplychains(SeeAppendix)​106UnitedNationsGlobalCompactPrivateSectorSDGStocktake107PROVIDEANDPROMOTEALIVINGWAGE​PRIORITYACTIONSCSCO,CHROCOMPANYEXAMPLESALVAREZ-DIAZ&VILLALONMCCORMICK&COMPANY100%OFEMPLOYEESACROSSTHEORGANIZATIONEARNALIVINGWAGEBY2030Álvarez-Díaz&Villalón(AD&V),adesignfirmMcCormick,agloballeaderinflavor,headquarteredESTABLISHAJOINTACTIONPLAN(S)WITHCONTRACTORS,basedinPuertoRico,foundthatthearchitectureintheUS,isworkingtowardsincreasingtheSUPPLYCHAINPARTNERS,ANDOTHERKEYSTAKEHOLDERSTOWORKanddesignprofessionwasnotoriouslyundervaluedresilienceoftheirsmallholderfarmsbyincreasingandunderpaidglobally,butparticularlylocally,skillsandcapacity,income,accesstofinancialTOWARDSACHIEVINGLIVINGWAGESAND/ORLIVINGINCOMESsotheycommittedtopaying100%oftheirservices,educationandnutritionandhealth.Todate,employeesalivingwage.UnabletofinddatatoMcCormickhaspositivelyimpactedover31,000Understandandcommittopayingalivingwageuseasabenchmark,theyreachedouttoMITtofarmers,withagoalofincreasingresilienceforincludePuertoRicointheLivingWageCalculator,35,000farmersby2025.ArecentstudyofoneofUnderstandtheconceptofthelivingwageandhowitrelatestolegalornegotiatedminimumwages.PotentialwhichsetsandadvocatesforanaccuratelivingMcCormick’smoreadvancedsustainablesourcingactionsinclude(1)havediscussionswithworkersandtheirrepresentativesaboutwhethercompliancewiththewagestandard.Aspartofthismission,AD&Visprogramsindicatedthataround80%offarmerslegalminimumwageisadequatetomeetlivingwageexpectations(2)createapolicyorcommitmenttopaylivingplayingacrucialroleasalocalrepresentativeandworkingwithonesupplierearnalivingincomewagestoalldirectemployeeswithtopmanagementbuy-inand(3)identifygapsbetweencurrentwagespaidtoconnector,whileassistinginidentifyingimportantcomparedwithapproximately56%inacontrolgroup.directemployeesandcrediblelivingwageestimates.fundingsources.Parallelly,AD&VsuccessfullyMcCormick’sinterventionswillbetrackedoverimplementedasalaryscalein2022thatalignsseveralyearstodeterminethelong-termimpacts.Activelymonitorandmanagepaylevelswithnationalstandards,resultingina55%companywidebasesalaryincrease.ThescaleUNILEVERAssesswagelevelsinallareasofoperationandraisewageforalldirectemployeesandsupplychainpartnerswhoalsoprovidesopportunitiesformeritandcompanyfallunderrespectiveminimumwagelevels.Potentialactionsinclude(1)conductwage-settingandrevisionbasedperformancebonusesthroughaprofit-sharingIn2014,Unilever,aglobalconsumergoodsonanalysisofprevailingratesofpayintheindustryandinformworkers—andtheirrepresentatives—aboutwage-model.Thisprogressivemodelnotonlyensurescompany,publisheditsFrameworkforFairsettingandrevisionwhilecarryingouttheirworkandatthetimeofpaymentand(2)haveaprocessinplacetofinancialsecurityforemployeesbutalsohelpsCompensationandachieved100%livingwageregularlyreviewwages.mitigateunconsciousandgenderbiases.​complianceforitsownoperationsin2020.Toenablefurtherprogress,in2021,UnilevermadeaSettargetstomonitorprogressandengagepartnersandstakeholdersL'OREALcommitmenttosupporteveryonewhodirectlyprovidesgoodsandservicestothecompanytoTrackingprogressthroughsetKPIsandengagewithpartnerstomakeprogresstowardpayingalivingwageInlinewithitscommitmenttofairpayforitsearnatleastalivingwageorincomeby2030.acrossownoperationsandsupplychains.Potentialactionsinclude:(1)includeperformancemetrics/KPIslinkedemployees,L’Oréal,aFrenchcosmeticscompany,Theyseethisasnotonlytherightthingtodoforatoachievingthelivingwageinyourownstrategyandjointactionplan(s)(2)becomeinvolvedinoneormoreispartneringwithlaborrightsexpertssuchasthebusinessthatisfoundedontherespectforhumanpartnerships—globallyorinyourhomecountry—focusedonachievinglivingwagesforyourdirectworkforceand/FairWageNetworktodevelopandimplementarights,butalsoasameasurableandtangibleorworkersengagedbythird-partycontractorsandlaborprovidersand(3)engageandadvocatewithpolicymakersrobustlivingwagestrategy.ThroughitsL’Oréalcontributortobusinesssuccess.ThroughthetosupportadequatelegalminimumwagesthatconsiderboththeneedsofworkersandtheirfamiliesandeconomicfortheFutureprogram,theGroupcommittedLivingWageSupplierPromise,Unileverencouragesfactorsandwhicharerevisedregularly,havewidecoverageandareenforcedbylaw.toensuringby2030that100%ofitsstrategictheirsupplierstoclosethegapandworktogethersuppliers’employeeswillbepaidatleastalivingtoaddressjointchallenges.Inpartnershipwithwagecoveringtheirbasicneedsandthoseoftheirsuppliers,otherbusinesses,governmentsanddependents,calculatedinlinewithbestpractices.NGOs,Unileverisleveragingpurchasingpractices,Toreachthisobjective,L’Oréalhasdevelopedancollaborationandadvocacytocreatesystemicambitioussustainablesourcingpolicy.In2023,changetoensuretherightsofeveryonetoaL’OréalwasawardedtheLivingWageEmployerdecentstandardofliving.accreditationbyFairWageNetwork.ThisaccreditationfollowsarigorousselectionprocessbasedonKEYRESOURCES•InternationalLabourOrganization:Settingadequatewages:anonymousemployeesurveysselectedrandomlybyThequestionoflivingwagestheNGOinthemarketsinwhichtheGroupoperates.•UNGlobalCompact:LivingWageAnalysisTool•UNGlobalCompact:ImprovingWagestoAdvanceDecent•TheSustainableTradeInitiative(IDH):LivingWageActionGuideWorkinSupplyChainsUnitedNationsGlobalCompactPrivateSectorSDGStocktake109•UNGlobalCompact:AchievingtheLivingWageAmbition108PROMOTEGENDERBUSINESSPOTENTIALEQUALITY​Pay-gapdisclosure,genderequalparentalleave,recruitmentCURRENTSTATEandpromotiontargets,flexibleworkingarrangements,andbansonaskingcandidatesforsalaryhistoryareprovenTheworldisofftracktoachieveuniversalgenderequalityby2030.In86strategiestoimprovepayparityacrossgenders.​countries,womenfacesomeformofjobrestrictionand95countriesdonotguaranteeequalpayforworkofequalvalue.Whiletherehasbeenprogressongenderequality,thegapbetweenmen’sandwomen’sexpectedlifetimeearningsis$172trillion.3​14Businessesplayacriticalroleinpromotinggenderequality.Amere5percentofcompaniesgloballyhaveafemaleCEO315and7percenthaveafemalechairoftheboard.316Leadershaveseveralleversattheirdisposal,includingrecruitment,compensationpolicies,benefits,andpromotinggenderparityacrossmanagementlevels,togenerateeconomicandsocialequalitybothinsideandoutsidetheworkplace.Moreover,achievinggenderequalitydoesnotrestsolelyonthefemaleworkforceandmustincludemaleallyshipthroughoutthevaluechain.​Since2015,businessleadershavesignaledthatgenderequalityintheworkplaceisapriority,butthecurrentstateofactionhasproveninsufficienttoreach2030goals.Globally,womenearnonaverage20%lessthanmeninsimilarroles,317andonlyoneinthreebusinessesareownedbywomen.318Toachieveglobalambitionsforgenderequality,businessleadersmustfocusonpromotingequalpayforworkofequalvalueandpreservinggenderbalanceacrossalllevelsofmanagement.IFALLBUSINESSESINTRODUCEDTHESE6POLICIES,THEPRIVATESECTORCOULD​:5%1in22572/3$222B$353BofFortuneGlobal500countriesdonotyearstoclosetheClose2/3oftheGenerate$222billionCreate$353billionofcompaniesareledbyguaranteeequalpayglobalgendergap321unexplainedgenderwageofnetbenefitstothebenefitstocompaniesviaafemaleCEO319forequalwork320gap(SeeAppendix)​femaleworkforceviaimprovedproductivityandincreasedwagesretention(SeeAppendix)​110(SeeAppendix)​UnitedNationsGlobalCompactPrivateSectorSDGStocktake111PROMOTEGENDEREQUALITYPRIORITYACTIONSCHRO,CSCOCOMPANYEXAMPLESVESTAPROMOTEGENDERBALANCEACROSSALLLEVELSOFMANAGEMENTCISCOGenderequalityplaysakeyroleinVesta’sESGBalancerecruitmentstrategy,encompassingthreespecificobjectives:Cisco’sstrategiesfordiversity,equity,and(1)VestastrivestominimizethesalarypayImplementpoliciesandprocedurestoconsideragender-balancedcandidatepoolforopenpositions.Potentialactionsinclude(1)settinginclusion,aredesignedtocreateamovement.gaptoaminimumof15%withinleadershiprequirementsforgenderdiversityincandidatepools,(2)unbiasedinterviewpanels,mentorship,and(3)investinginskillsdevelopment,Usingaholisticapproachandtoolsliketheandmanagerial-levelpositions.InjusttwoespeciallyinunderrepresentedfieldslikeSTEM.DiversityTalentAccelerators(DTA)solutions,years,theyhavealreadydoubledthenumberCiscoiscontinuallyworkingtoensurefairness,ofwomenoccupyingtheseroles.(2)EnhancingInvestinemployeeretentionequity,andaccountabilityintheirhiringprocesses.boarddiversitybyhavingthreewomenserveasFromtheseinitiatives,theyhaveseensignificantpermanentmembersoftheBoardofDirectors,Makesurethatonceemployeesjointhecompany,theyfeelsupportedandareofferedgrowthopportunitiesdownthetalentpipeline.increasesinhiringHispaniccandidates,andand(3)incorporatingdiversityandinclusionKPIsPotentialactionsinclude(1)implementingpoliciesthataddresssystemicbarrierstoinclusionlikeflexibleworkplansand(2)conductingAfricanAmericanemployees,especiallyinintoallsocialinvestmentinitiatives,includingtrainingoninclusionandgenderequality,fromleadershipdown.technicalroles.Womenarealsonow33%ofprojectsthatexclusivelyfocusonempoweringCisco’snewhires,contributingtogrowingfemalewomen,girls,andyoungindividualswithintheProvidepathwaystoemployeeprogressionrepresentationinthetechindustry.communitiestheyoperate.​​Providewomenwithanequalopportunitytojointhecompanyandrisetothetoplevelsofmanagement.ActionstosupportthismayTheircommitmentextendstotheyoungerinclude(1)leadershipprogramsand(2)externaltrainingsessions.generations.ThroughprogramslikeWomenRock-IT,younggirlsareupskilledandmeetwithfemalePROVIDEEQUALPAYFORWORKOFEQUALVALUErolemodelsacrossthetechnologyfield.Sinceitslaunchin2014,theWomenRock-ITprogramhasAddressdiscriminationinremunerationengaged2millionparticipants,ofwhichnearly870,000subsequentlyenrolledinCisco’NetworkingProvidewomenandmenequalremunerationforthesameorsimilarworkandforworkthatisdifferentbutofequalvalue.PotentialAcademycourses.Cisco’scommitmenttoequalityactionsinclude(1)establishingapaycommittee,(2)undertakingagender-neutraljobevaluation,and(3)estimatingwagegapsforjobsofextendsthroughouttheiremployeebase,theirequalvalueandmakingpayadjustments.contingentworkforce,andfuturegenerations,providingequalopportunitiesforall.​TacklebiasSOLUTECHIdentifyHumanResourced-ledinitiativesandgovernancemechanismstotacklegenderbiasacrossthetalentlifecycle.Potentialactionsinclude(1)assessingrecruitmentproceduresforbias,(2)reviewingpromotionpolicies,(3)allocatingbudgettorectifyremunerationgaps,Solutech,atechnologycompanybasedinKenya,and(4)banningaskingcandidatesforsalaryhistory.wantedtoensuremoreequalrepresentationthroughoutthecompany.ByimplementingsmallRegularlydiscloseprogressonequalpaychanges,suchasexplicitlyencouragingfemaleapplicationsinjobpostingswhichledtomoreReportprogressonequalandfosteracultureoftransparency.Potentialactionsinclude(1)publishingsalaryrangesinjobpostingsanddiversecandidatepools,Solutechwasableto(2)reportingpay-gapmetricsinannualreports.achievea50%femaleworkforce.ApplyframeworktoadvanceinclusionforotherminoritygroupsLeveragelearningsandtechniquesfromgenderequalitypursuittopromoteequalpayforworkofequalvalueforotherminoritygroupsacrossethnicity,race,sexualorientation,anddisabilities.ADVOCATEFORGENDEREQUALITYBEYONDDIRECTOPERATIONSPromotegenderequalitythroughoutsupplychainIntegrategenderconsiderationsintobuyingpracticestopromotemoreinclusivesupply-chainbusinessstrategy.Potentialactionsinclude(1)collaboratingonreportingtransparentlyonprogressforwomeninsupplychains,(2)engagingwithsuppliersactivelyworkingtosupportgender-sensitivesourcingandworkplacepractices.PromoteandencouragemaleallyshipEncouragemaleallyshipwithintheworkforceandincommunities.Onepotentialactionincludes(1)consciouslyfightinggenderbiasanddiscrimination.KEYRESOURCES•WEPGenderGapAnalysisTool•HowtoBeaMaleAllyforGenderEquality•TargetGenderEquality•OneGlobalWomenEmpowermentInitiative(OGWEI)112UnitedNationsGlobalCompactPrivateSectorSDGStocktake113INNOVATEBUSINESSPOTENTIALRESPONSIBLYWhencompaniesconsciouslytargetunderservedpopulations,CURRENTSTATEtheycancreateSDGimpactonavastscale.Innovationcanbeaforceforgood,solvingcriticalissues,fuelingeconomicWHATBENEFITSCOULDPOSITIVE-IMPACTFOCUSEDgrowth,andaddressingmarketneeds.However,itcanalsobeacatalysttoINNOVATIONSACHIEVE?​createmoreconsumption,morewaste,andnegativelyimpactprogressagainstSDGs.$3.2T$1.3T$544BForexample,byembracinginclusiveinvention,companiescanintentionallyExpandinginternetaccessIncreasingannualglobalIncreasingthetotalgrossengagepeopleoutsideofclassictargetaudiences.Thispushescompaniesatthesamerateasvaccineexpendituresmicrofinancelendingintodifferentterritoriesandprovokesnewwaysofthinking,whichcanunlockbetween2015-2022couldatthesamerateasportfolioatthesameopportunitiesthathelpdriverevenueandimprovelives.Inventionssuchasgeneratemorethan$3.2between2015-2022rateas2015-2022couldmobilemoney,whichhasbroughtfinancialfreedomtocountlessindividuals,trillionineconomicoutputcouldgeneratemoregenerate$544billioninistransformingdailylifeforbillionsatunprecedentedspeed.by2030(SeeAppendix)​than$1.3trillionineconomicbenefitsby2030economicbenefitsby(SeeAppendix)​Ontheotherhand,uncheckedinnovationhassetbackprogressontheSDGs.2030(SeeAppendix)​Newbusinessmodelssuchasthegigeconomy,whileinitiallyimprovingaccesstoworkopportunities,hasresultedinmanyworkerswhoaresubjecttolowpayandlimitedrightswithoutcompetitiveforces.ResponsibleinnovationcanreimagineconsumptionandbehaviormodelsalignedwiththeSDGs.Whenusedproperly,designcriteriacanprovidebothnaturalconstraintsandincrediblypowerfulwaystochallengegivenbehaviorsthathavecontributedtotheclimatecrisis.Byestablishingcertainconstraints,orattributes,itforcesustorethinkhowwe’vebeendoingthingsforcenturies,leadingtoincrediblypowerfulinnovationbreakthroughs.Yet,toavoidunintendedconsequences,future-statescenarioplanningandmodelingisabsolutelycritical.Astheworldbecomesmoreinterconnected,opportunitiesforinnovationincrease.Itisimpossibletopredictwhereinnovationwillgofromhere,butitscontinuation–andtheneedforguardrailstodosoresponsibly–willbecriticaltoensureSDGalignment.85%$12trillion​oftheglobalpopulationlivesonlessofestimatedannualincrementalthan$30perday322​valuefromSDG-relatedbusinessopportunitiesinagriculture,cities,114energyandmaterials,andhealth323UnitedNationsGlobalCompactPrivateSectorSDGStocktake115INNOVATERESPONSIBLYPRIORITYACTIONSCOOCOMPANYEXAMPLESALLIEDIRISHBANKINFUSEASUSTAINABILITYMINDSETINTOALLINNOVATIONACTIVITIESACCENTUREThewaycustomersbankhaschangedandbanksEmbedpurposeandSDGimpactintoresearch&developmentneedtorespondtocustomers’demandforaAccenture,aglobalconsultingfirm,believesinmorepersonalisedexperienceinaproactiveandIncludeanSDGlensintoallresearch&developmentactivities,innovationprogrammes,andnewbusinessharnessingthepowerofitspeopletoinnovateresponsibleway.AIBGroupplc(AIB)continuesincubatorsoraccelerators.Potentialactionsinclude:(1)includeanSDGscreenforallinnovationactivities,forpositivechange.Annually,ithoststhetoenhanceitsretail-bankingscenarioshoweverensuringalignmentstoexplicitsocialand/orenvironmentalpriorities,(2)defineasetofSDGimpactmetricstoSustainabilityInnovationChallenge,asix-monthitrecognisesdata-drivenprocessescanincreaseprovidestrategiccohesionacrossyourportfolio,and(3)collaboratewithstartups,universities,donors,NGOs,competitionandacceleratorprogram.Teamsrisk.Failuretoadequatelysecure,controlorandlargecorporatestoamplifyimpactandscaleinnovation.pitchanddevelopinnovativesolutionsthatgovernourdatacanleadtounintendedbiasinaddresschallengesdirectlyrelatedtotheUN'salgorithmicdecision-makingordatabreaches,PROACTIVELYIDENTIFYUNINTENDEDCONSEQUENCESSustainableDevelopmentGoals.WinningteamswhichcouldresultintheerosionoftrustfromenterAccenture'sSocialInnovatorsAcceleratorkeystakeholders,suchascustomersandRunteststoexploreandaddressunintendedconsequenceswheretheyreceivefunding,mentorshipandregulators.AIBhasthereforeworkedtogetresourcestofindwaystotaketheirideatotheirdata-scienceteamsuptospeedonthePutproductsthroughteststoidentifyunintendedconsequencespriortolargerproductrelease.Potentialactionsmarketandcatalyzeimpact.Theoverallgoalistolatestdevelopmentsinthespace,andintegrateinclude:(1)testproductsandservicesthrougha‘red-teamapproach’,withaneyetowardSDGimpacts,tapintothecollectiveintelligenceofAccenturealgorithmic-fairnessassessmentsintotheirGroup(2)partnerwithNGOsandotherstakeholderstoconsiderawiderrangeofstakeholderimpacts,innovators,clients,andpioneeringpartnerstoModelRiskManagementPolicyandthemodels(3)promotebusinessmodelsthatarenotreliantonactivitiesthathinderorreverseprogressontheSDGs.createscalableclimate,natureandpeople-focusedtheyusetoaidwiththeirdecision-making.solutionsforabetterfuture.Inparticular,fornewandexistingproductsandbusinessmodels,considerthefollowingcriticalimpacts:VODAFONETURKEYWater,waste,climateandnatureimpactsVodafoneTurkeyisembracinginnovationtoExplicitlylookforopportunitiestomakeproductscircular,netzero,naturepositiveandwaterpositive.powerchange.Vodafone'sKırmızıÇizgiProjecttargetstotransformoureverydaylanguagetoImpactsondecentworkandincomesamoregender-neutralversion.Whenagender-orientedwordisusedinmails,theappdetectsAligncompensationstrategieswithprovidingalivingwage,limitjoblossesfromautomation,andprovideitandsuggestagenderneutralversion.Thisisreskillingsupportwhereapplicable.inanefforttochangeverbiage,withthehopeofchangingactionsinthelongrun.Testing,ithasanalyzed2,800opinioncolumnsandreducedthesexistwordrateinthesearticlesfrom11%to0%.ByintegratingtheKırmızıÇizgiintoitscorporatee-mailinfrastructure,VodafoneTurkeyraisesitsemployees'awarenessofdiscriminatorydiscoursesinbusinesscorrespondencesbysharinginstantfeedback.Accordingtodata,wordshavebeendetected3701timesandreplacedwithagender-neutralversion,withnumberscontinuallydecreasingsinceitsrelease.KEYRESOURCES•ResponsibleAIUnitedNationsGlobalCompactPrivateSectorSDGStocktake117•Consequencingscanningtoolkit116ACCELERATEBUSINESSPOTENTIALCLIMATEACTIONTheSBTiisapartnershipoftheUNGlobalCompact,CDP,CURRENTSTATEWorldResourcesInstitute,andtheWorldWideFundforNaturetodefineandpromotebestpracticesinemissionsreductionsGlobalgreenhousegasemissionsarecurrentlyattheirhighestlevelinandnet-zerotargetsinlinewithclimatescience.​recordedhumanhistory.TheaveragetemperatureoftheEarth’ssurfacehasincreasedbyatleast1.1°Csince1880.324Scientistsagreethatlimitingtemperaturerisetonomorethan1.5°Cbyorbefore2050willmitigatetheworstclimateimpacts,includingthosesuchasthedevastatingfloodsinPakistanlastyearandthecyclonethatlastedoveramonthinsoutheastAfricainMarch2023.Beyondenvironmentaldegradation,climateimpactsareestimatedtohavethepotentialtodrivenearly216millionpeopletomigratewithintheircountriesby2050andtosubjectupto600millionpeopletomalnutritionby2080.​325Theprivatesectorplaysacriticalroleincontributingtoglobalclimateaction.Businessesmustsetcredibletargetsandachievetheirlong-termgoalsthroughverifiable,short-termactions.Bysettingnet-zerotargetsthroughtheScienceBasedTargetsinitiative(SBTi),companiescanbeassuredthattheirdecarbonizationplansareinlinewiththelatestclimatescienceandbestpractices.AsofAugust2023,over5,900companiesareworkingwiththeSBTitoalignclimatetargetswiththeParisAgreementandmorethan3,300haveanapprovedtarget.​Whilereducingemissionsiskeytofightingtheeffectsofclimatechange,companiesmustbecognizantofhowtheyareachievingtheirclimategoals.Ajusttransitiontonet-zeroandaclimateresilientfutureisnon-negotiable.Allbusinessstrategiesandactionsmustresultinthecreationofdecent,greenjobsandensurethatnoworkersorcommunitiesareleftbehind.​79%96%5%34%76%​ofallcompanieswithofcompanieswithaofcompaniesintheoftheglobaleconomybymarketofcompanieswithscience-basedscience-basedtargetsscience-basedtargetForbesGlobal2000capitalizationhassetorcommittedtotargetspubliclyreportedprogresswere1.5°C-alignedforhaveascope3target327havesetclimatesetascience-basedtarget329againsttheirtargetsinsomeform330scopes1and2bythetargetsinlinewiththeendof2022326RacetoZero‘startingline’criteria328118UnitedNationsGlobalCompactPrivateSectorSDGStocktake119ACCELERATECLIMATEACTIONPRIORITYACTIONSCEO,COO,CSO,CSCOCOMPANYEXAMPLESTALAWAKELLETEAESTATESPLCSETCORPORATESCIENCE-BASEDNET-ZEROGHGEMISSIONSREDUCTIONSTARGETSINLINEWITHA1.5°CPATHWAYMAHINDRASUSTENAsthefirstorganizationinthecountrytoadoptScienceBasedTargets,TalawakelleTeaReviewexistingsector-specificguidanceandprojectstogatherinformationthatisbesttailoredtoyourMahindraGroup,viaMahindraSusten,arenewableEstatesPLC,aSriLankanplantationcompany,organizationandindustry.energycompanyinIndia,runsanupskillingiscommittedtoanet-zerofutureby2050,withPerformacompleteGHGemissionsinventory/screening,whichincludescompany-widescope1and2programforsocioeconomicallyweakeragoalofreducinggreenhousegasemissionsemissionsandgrossscope3emissionsforallemissionssources,followingtheminimumboundaryforeachcommunitiestohelpthembecomepartoftheby50%.Thecompanywasabletoconvertscope3categorysetoutintheGHGProtocol’sScope3Standard.renewableenergytransition.TheprogramisrunallDieselboilerstoBiomassboilers,utilizingUtilizetheSBTi’sresourcesandtoolstofollowits5-stepprocesstosetyourscience-basedtarget.throughatrainingandskillingcenterinKarjatinthecompany'ssustainablebiomassgrowingCreateatransitionplanshowinghowyouwillsuccessfullydeliveronyourcommitmentsinanequitableandthestateofMaharashtra,India.ThecenterrunsmodelandgeneratecleanenergyfromMini-justway.multipleprogramsfocusedonbuildingsolarhydroandsolarplants.Thisresultedinthephotovoltaic(PV)technicalskills,ofwhichtherecompany’senergyconsumptionratio,poweredEngagewithyournetworksandsupplychainsandencouragethemtosetnet-zerotargetsaswell,usingtheisashortageintheindustry.Itsuniquepedagogybycleanandrenewablesources,surpassesSBTi’sSupplierEngagementGuidance.includesfocusonpracticalskillstoensureaitsconsumptionbyanimpressive136%.AlignexternalpolicyandengagementeffortswithcorporateemissionreductiongoalsandadvocateforthoroughunderstandingofsolartechnologyFurthermore,Talawakelleemploysinnovativepositiveclimateaction.installationprocessesforcandidateswithBiochartechnologytoenhanceitscarbonsink.economicallydisadvantagedbackgrounds,BycapturingandstoringcarbondioxidethroughCONTRIBUTETOAJUSTTRANSITIONBYADDRESSINGSOCIALIMPACTSwithafocusontrainingfemalecandidates.BiocharforCarbonSequestrationandactivelyOFCLIMATECHANGEMITIGATIONANDADAPTATIONMEASURESTodate,thecenterhastrainedover4,700participatinginEcosystemRestorationinitiatives,techniciansinfulltradeskillsandover10,000thecompanyeffectivelymitigatesitsimpactINPARTNERSHIPWITHWORKERS,UNIONS,COMMUNITIESANDSUPPLIERSpeopleinsemi-skilledtrades.​ontheenvironment.Finally,collaborateswithstakeholderstodevelopskillsforalow-carbonWorkforce:respectrightsatwork;assesshumancapitaldevelopmentandjobcreation;promoterobustsocialENELeconomy,fosteringjobcreationandeconomicdialogueinjusttransitionplanning;assessandimproveequityinrecruitment,careerprogressandpay;andgrowth.Theirholisticapproachdemonstratesprotectemployeebenefits.InanefforttomakeSardiniamoresustainable,unwaveringcommitmenttosustainabilityGovernmentRelations&PolicyAdvocacy:engageintripartitesocialdialogueatlocalandnationallevels;Enel,anItalianenergyservicesprovider,andtheSDGs.TalawakelleTeaEstatesPLC'sadvocatefordecentworkandfinanciallysustainablesocialprotectionsystems.togetherwithRossiDoriaCentreofEconomicmultifacetedeffortsexemplifyenvironmentalSupplyChain/Procurement:engagewithsupplierstopromotedecentworkandrespectforrights;encourageandSocialResearch–RomaTreUniversityandstewardship,anditsclimateactionsalignwithsustainableproduction,trainingandriskmanagement.“AlleanzaSardegnaRinnovabile”,promotedthetheprinciplesoftheUNGlobalCompactandManagement:createacollaborativeculturebetweenmanagementinkeybusinessfunctionsandemployeeselectrificationofconsumptiontohelpmoveawaycontributesignificantlytotheSDGs.acrosstheorganization.fromfossilfueled-generatedelectricity.InSardinia,thismeantsettingupgreenports,zero-impactMeasurement&Reporting:trackdatarelatedtojusttransitionincluding,butnotlimitedto,equityauditsoftheaccommodation,andfullyelectrictransportation,socialimpactsofoperationsandproductsandplace-basedsocioeconomicimpactassessments.inordertosupporttourism–thebackboneofRisk:identifyrelevantreputational,humancapital,legal,market,andtechnologyrisksassociatedwiththetheregionaleconomy.Todate,ca.120domestictransition;strengtheninputchannelsforjusttransitionriskanalysis.chargingpoints,ca.120privatebusinesschargingHumanRightsDueDiligence&SocialRisk/ImpactManagement:implementhumanrightsriskprevention,pointsandover1210publicchargingpointshavemitigationandremediationmeasures;assessandaddresssocialinequitiesintransitionstrategies.beeninstalledbyEnel.EnelkeptthefocuslocaltoensurethatlocalworkerswouldpossesstheskillsKEYRESOURCES•IntergovernmentalPanelonClimateChangeessentialforthegenerationofrenewableenergy,•InternationalLabourOrganizationJustTransitionGuidelinessupportingajusttransition.Theprogrampromotes•ScienceBasedTargetsinitiative•UN-backed1.5CalignedNetZeroCredibilityCriteriaexperimentationwithnewbusinessmodelsand•GreenhouseGasProtocolinnovation,andofferscustomizedsolutionsby•IntroductiontoJustTransition:ABusinessBriefUnitedNationsGlobalCompactPrivateSectorSDGStocktake121involvingregionalplayersandworkingcloselywithinvolvedcities.120ADVANCEWATERBUSINESSPOTENTIALRESILIENCEIndia,Pakistan,China,Indonesia,andEthiopiaarefiveoftheCURRENTSTATElargestagriculturewaterwithdrawingcountrieswithhighwaterstressandwaterintensivecrops.Collectively,theyaccountforBy2030,globaldemandforfreshwaterwillexceedsupplyby40%.331nearlyhalfofallglobalagriculturalwaterwithdrawal.Populationgrowth,climatechange,andincreasingfooddemandsareforcinghumankindtoreckonwithqualitywaterasafiniteandvulnerableresource.AccordingtotheUN,over2billionpeoplelacksafelymanageddrinkingwaterservicesandforatleast3billionpeople,thequalityofthewatertheyrelyuponisunknownduetothelackofmonitoring.332TheWorldWildlifeFundestimatesthatby2025,two-thirdsoftheworld’spopulationmayfacewatershortages.3​33Theprivatesectorrepresentsthelargestwateruserintheworld.Theagriculturesectoraccountsforover70%ofglobalwateruseandexpertspredictwaterusewillneedtoincreaseby15%justtomeetfooddemand.334Anadditional19%ofglobalwateruseisattributedtoindustrialprocesses.335Leadingcompaniesareworkingacrossthethreedimensionsofwater—quantity,quality,andaccessibility(WASH)—tobuildbasin-levelwaterresilience.​Leadershaveanopportunitytoimprovetheprivatesector’swaterefficiencyandreversewaterdepletion.In2022,CDPrespondentsidentifiedacombined$436billionoffinancialbenefitsfromreducingwaterimpacts.336Achievingwater-relatedSDGswillrequirecompaniestoprioritizeefficiencyimprovements,reducewaterwaste,andworkwithlocalcommunitiestoprotectandrestorewater-stressedbasins.​BY2030,THEAGRICULTURESECTORINTHESEFIVECOUNTRIESCOULD​:260B246$436B133Bm372Bm3ofeconomicvalueiscompanieshaveofreportedpotentialSave133billioncubicmetersofSave72billioncubicmetersofwateriflostgloballyeachyearendorsedtheCEOvaluefrom2022CDPwaterif20%offarmersinthesefivehalfoffarmersinthesefivecountriesduetolackofbasicWaterMandate338responsesinwater-countriesinvestinmicro-irrigationshiftfromday-timeirrigationtowaterandsanitation337relatedopportunities339(SeeAppendix)​overnightirrigation(SeeAppendix)122Equivalentto9%oftheiragriculturalwateruseEquivalentto4%oftheiragriculturalwateruseand4%oftotalglobalagriculturalwateruseand2%oftotalglobalagriculturalwateruseUnitedNationsGlobalCompactPrivateSectorSDGStocktake123ADVANCEWATERRESILIENCEPRIORITYACTIONSCSCOCOMPANYEXAMPLESROTOPLASACHIEVENET-POSITIVEWATERIMPACTINWATER-STRESSEDBASINSWATERRESILIENCECOALITIONThereisahighdemandforinnovativeandAddressdirectoperationsdecentralizedwatersolutionsthatcanhelpAddresswaterimpactindirectoperations.Potentialactionsinclude(1)implementingwater-relatedstandards,In2015aseveredroughtstruckBrazil'slargestaddresswaterinfrastructureoverwhelmedby(2)integratingcontextand/orscienceintotarget-settingpractices,(3)implementingbestpracticesinwatercityofSaoPaulo.Companiescontributedtothepopulationgrowthandchallengedbyclimateefficiencyandwastewatermanagement,(4)implementingproveninnovativetechnologiesforwaterreuse,SaoPauloWaterFundtopayfarmerstorestorechangeeffects.GrupoRotoplas’solutionsrecycling,andcircularity,(5)preservingsafe,resilientaccesstowater,sanitationandhygiene(WASH)foremployees,thewatershedwithnature-basedsolutions.addresstheissueofdifficultiesandbacklogand(6)implementingpracticesthatoptimizeclimate-energy-waterco-benefitsandprotectecosystems.Theprojectpays1500residentstomaketheinaccesstowaterandsanitationbyprovidingbasinmoreresilienttodroughtandotherformsproductsandservicesthatdecreasewaterExtendimpactthroughoutsupplychainsofwaterstress.Theinitiativelikewisesequesterstransportationcostsandelectricityconsumption,Amplifynet-positivewaterimpactsthroughoutsupplychains.Potentialactionsinclude(1)understandingwherecarbon,supportsthelocaleconomy,andprotectswhileimprovingwaterquality.Throughtheirthegreatestwaterdependenciesandimpactsexistwithinsupplychainsandsettingappropriateinternaltargetsvaluableecosystems.Fivecompanieswithintheproductportfolio,theyoffersolutionstoimproveandplanstopreservelong-termresilience,(2)workingwithsuppliersinwater-stressedbasinstoimprovewaterWaterResilienceCoalitionareamongthelistofwatermanagementinurbanandruralareasandefficiency,wastewatermanagementandtheprovisionofsafe,resilientaccesstowater,sanitationandhygieneinprivateandpublicsupportersofthiscollectiveaction.increasetheavailabilityofthisresourcewiththeworkplace.Throughmulti-sectorcollectiveactionprojectsstorage,waterflow,improvement,purification,likethese,theWaterResilienceCoalitionseekstotreatment,recycling,rainwaterharvesting,Workcollaborativelyacrosssectorsbuildwaterresilienceto100water-stressedbasicsirrigation,andsepticproductsandservices.Workwithleadersoutsidetheprivatesectortoprotectwaterbasins.Potentialactionsinclude(1)workingwithby2030.Theyhaveconsolidatedtheirpositioninthepublicsectoractors,integratingbestpracticesindatainformationandtransparencytoinformdecision-making,marketasaleadingcompanyinthedevelopment(2)engagingwithlocalcommunities,includingfrontline,Indigenousandunder-representedcommunities,INTERLOOPLIMITEDanddistributionofwaterandsanitationsolutionstoimproveconditionsbytakingahumanrights-basedapproach,(3)identifyingandadvancingco-financinginLatinAmericaandtheUnitedStates.mechanismswithgovernmentsandmultilateralfundingagenciestoclosethefinancinggap,(4)advancingInterloopLimitedisafullyverticalmanufacturerproveninnovativetechnologiesforwaterreuse,recyclingandcircularity,(5)contributingexpertisetocurateofhosiery,denim,knittedapparelandseamlessLEVISTRAUSS&COanddeveloptechnologiesandtoolsatscale.activewear,basedinPakistan.InterloopLimitedchampionsresponsiblemanufacturing.AtLeviStrauss&Co.,aUS-basedretailer,isInterloop,waterfootprintreductionisoneoftheirworkingtoreducetheapparelindustry’simpactkeySustainabilitytargets,setfor25%reductiononwateraroundtheworld.Theyareengagingby2025-26.Topromotewaterstewardship,withtheirsupplychain–inparticularkeymillsInterloophascollaboratedwithWWFforAWSandfactorieswhichrepresent80%ofproductioncertification,agloballyapplicableframeworkvolume–tomeetgeographicallycontextualformajorwateruserstounderstandtheirwaterwatertargets.Theirgoalistoreducewateruseduseandimpacts,andtoworktransparentlyinmanufacturingby50%inareasofhigh-waterforsustainablewatermanagementwithinastressby2025(againsta2018baseyear).catchment.TheStandardintendstodrivesocial,ThecompanyalsopublishedtheirWaterActionenvironmentalandeconomicbenefitsattheStrategyasanopen-sourcedocumenttoinspirecatchmentlevel.Thecompanyismakinghugecollectiveactionandprogressacrossourindustry.investmentsonmultipleinitiativeswhichinclude95%waterreductioninwashprocessthroughKEYRESOURCES•AQUASTATNanobubbletechnology,sustainabletextile•UNWaterConferencebleachingtoensurereuseofbleachedwaterand•ThePacificInstitute•TheAqueductAlliancechemicalsforvariousprocessingcycles,useof•CEOWaterMandatelesswaterconsumingdyes,recyclingoftreated•WaterResilienceCoalitionUnitedNationsGlobalCompactPrivateSectorSDGStocktake125wastewater(upto20%),reusingnon-contactprocesscoolingwater,andrainwaterharvesting.124PROTECTBUSINESSPOTENTIAL&RESTORENATUREProtectingandrestoringbiodiversityisvitaltothefutureofourworldandeconomy.CURRENTSTATEAtleast40%oftheworld’seconomyand80%oftheneedsofthepoorarederivedfrombiologicalresources,340buttheseareinsteepdecline.Already83%ofwildmammalsandhalfofallplantshavebeenwipedout,andourmarineandlandenvironmentshavebeenseverelyaltered.341Theprivatesectorplaysacriticalroleinpromotingandpreservingbiodiversity,bothonlandandunderwater.Deforestationandirresponsiblelandusecontinuetoposethreatstobiodiversityandbusiness.Agriculturalexpansionisthedirectdriverofnearly90%ofdeforestation.342Everyyearmoreandmoreproductivelandisdegraded,directlyaffectingthelivesof1.3billionpeople.343Atthesametime,fishprovidemorethan1billionpeoplewithmostoftheirdailyanimalprotein,butthreatssuchasoverfishing,acidification,pollution,andrisingtemperaturesthreatenmassextinctionofaquaticlifewithindecades.344ThelatestresearchfromWEFshowsthat$44trillionofeconomicvaluegeneration—overhalfoftheworld’stotalGDP—dependsmoderatelyorhighlyonnatureanditsservices.345Itisthereforeuptobusinesstopromotepracticesthathelppreservebiodiversity,fromcoreoperationsthroughsupplychainimpacts.​IFCOMPANIESADOPTREGENERATIVEBUSINESSMODELSBY2030,THEYCOULD:"MODELSBY2030,THEYCOULD:1m54%17m$44T395m$670BanimalandplantofsurveyrespondentsmetrictonsofplasticEliminatetheriskoflosingGenerate395millionRealizeopportunitieslinkedspeciesarethreatenedreporttheircompanycloggingtheoceaninonehalfofglobalGDPjobsintransitioningtoutilitiesthateffectivelywithextinction346disclosesnatureand2021,settodoubleorasaresultofbusinesstoanature-positivemanageair,water,andbiodiversityrisksandtripleby2040347dependenceonnatureandeconomy349wastepollutioninurbanimpacts(SeeAppendix)itsservices348areas350126UnitedNationsGlobalCompactPrivateSectorSDGStocktake127COMPANYEXAMPLESSYMRISEPROTECT&RESTORENATUREORSTEDSymrise,aglobalsupplieroffragrances,flavors,PRIORITYACTIONSfood,nutrition,andcosmeticingredients,putsØrsted,aglobalrenewableenergydeveloper,haspoliciesandproceduresinplacethatrespectALIGNWITHTHETNFDREPORTINGFRAMEWORKsetanindustry-leadingambitionfornet-positivetherightsoflocaltraditionalpeopleandtheirbiodiversityimpact.IntheUK’sHumberEstuary,knowledgethroughbenefit-sharingandvalueAdoptbiodiversityriskreportingthecompanyispartneringwiththeYorkshireandchaindevelopment.Forexample,intheBrazilianLincolnshireWildlifeTruststorestoremultipleAmazontheyimplementedprojectspromotingAlignreportingpracticeswiththefinalTNFDrecommendations(finalrecommendationstobelaunchedonhabitats–seagrassmeadows,saltmarshes,localvaluecreation,inpartnershipwithBrazilian19September2023).Potentialactionsinclude(1)adopttheLEAPriskandopportunityassessmentapproachandoysterreefs–andimprovethehealthandcosmeticcompanyNatura&Co.andGIZ,(2)leverageexpertiseandbiodiversityplanningandmonitoringplatformstoreportonthesuggesteddata,resilienceoftheestuary’secosystem.Seagrassbyenhancingfarmingtechniquesandsustainablemetrics&targets(3)settargetsfornaturebasedontheScience-BasedTargetsNetworkmethodologies.andsaltmarchesarenotonlyefficientcarbonwildcollectionpractices.From2017-2021,capturemeans,butalsoprovidenutrient-richSymriseandtheirpartnerstrainedlocalCenternatureininfrastructurehabitatsforfishandbirds,aswellascoastalcommunitiesinsustainablefarmingmethods,protection.TheUK’sDepartmentforEnvironment,developedequipment,andhelpedthemtoTolivesustainably,wemustcenternatureinthebuiltenvironmentandinfrastructure.PotentialactionsincludeFoodandRuralAffairshascommendedthisdiversifyandincreasequalityofproduction.(1)buildconnectinginfrastructurearoundthenaturalenvironment(2)builddenseratherthanexpansivecityprojectasanexampleofhowrestorationcanForSymrise,thismeantreliableaccesstokeyinfrastructure(3)prioritize‘green’buildingsandvehicles.workinpracticeanddelivermultiplebenefitsforingredientsaswellastheopportunitytoresearchbiodiversityandclimate.​newrawmaterials.17participatingcooperativesReduceirresponsibledeforestationandaquaticdegradationwereabletoincreaserevenueby50%,improvinglivelihoodsof>1500families,andcertificationReportprogressonandfosteracultureoftransparency.Potentialactionsinclude(1)implementprecisionforestryfromUnionforEthicalbiotrade(UEBT)furtherandhabitatmonitoringtechnology(2)engageinproductiveandregenerativeagriculture(3)monitorfootprintoffacilitatingmarketaccess.​terrestrialandmarineprotectedareas.ProperwastedisposalpracticesInordertostallbiodiversityloss,wemustmanageair,water,andsolidwastemoreefficiently.Potentialactionsinclude(1)developandimplementplanet-compatibleutilities(2)redirectplasticwastefromoceans(3)discontinueharmfulindustrialfishingpracticesandinsteaduseprecisionfishingtechnologies.PromotebiodiversitythroughoutgreensupplychainIntegratebiodiversityconsiderationsintobuyingpracticestopromotemoreinclusivesupply-chainbusinessstrategy.Potentialactionsinclude(1)workwithsupplierswhoalsoengageineffortstopreservebiodiversity(2)improvesupplychainefficiencyandreducefootprintofbiodiversityimpactsthroughincreasedtransparencyandtraceability,(3)partnerwithlocalworkforcebodiesandnonprofitstochannelcorporatebuyingpowertowardgeneratingalternativelivelihoodsforindividualsandcommunitiesthatdependheavilyonresourceextraction.Developstrategicnature-positiveinvestments,capabilitiesandofferingsCompaniesarewellpositionedtoalignbottom-linemetricswithmakingnature-positiveinvestments.Potentialactionsinclude(1)identifyandinvestinrevenue-generatingopportunitiesandcustomervaluepropositionsthatincludenature-positiveoutcomes(2)partnerwiththeinnovationecosystemandscientificcommunitytodeploywin-winsolutions(3)exploreandpilotinnovativefinancingsolutions.WorkwithcommunitypartnersWorkwithcommunityleaderstoprotectbiodiversity.Potentialactionsinclude(1)engaginginsocialdialoguewithlocalandindigenouscommunitiestorespecttheirself-determination,FPICandlandrights,andaccessandbenefitsharing.KEYRESOURCES•Kunming-MontrealGlobalBiodiversityFramework•Science-BasedTargetsNetworkMethodologies•TNFDRecommendations•High-LevelBusinessActionsonNatureUnitedNationsGlobalCompactPrivateSectorSDGStocktake129128INVESTINBUSINESSPOTENTIALCIRCULARITYCopper,aluminum,andsteelarethreeofthemostrecycledCURRENTSTATEmetalsintheworld.Ifcopper,aluminum,andsteelproducersincreasedtheirshareofrecycledinputstomeet2050goals.Currentconsumptionandproductionpatternsareincompatiblewiththeglobalvisionforasustainableeconomy.Between2015and2021,theglobaleconomyconsumedhalfatrilliontonsofvirginmaterials,70%morethantheEarthcansafelyreplenish.351Mostconsumedmaterialsneverre-enterglobalsupplychains;theglobaleconomyproducesroughly300milliontonsofplasticwasteand54milliontonsofelectronicwaste,ofwhichonly17%getscollectedandrecycled.352Shiftingconsumptionawayfrom‘take-make-waste’willbuildamoreresilientglobaleconomy.​Theprivatesectorinherentlyplaysaroleintransitioningtheglobaleconomytowardcircularity.Companiesmustfundamentallyrethinkproductdesignandnewbusinessmodelstounlocktheeconomicandsustainablebenefitsofacirculareconomy.​Entireindustriesmustevolvetodesignproductstobeusedforaslongaspossibleorofferleasingandrentingmodelsthatincreaseaccessandutilization.ThesenewbusinessmodelsnotonlyalignwiththeSDGsbutcanalsobebeneficialforbusiness.TheWorldBankfoundthatindustriesshiftingawayfromone-offproductsalestowardcapitalequipment-as-a-servicehaverecordedhigherthanaveragemargins.353BY2030,IFCOPPER,ALUMINUM,ANDSTEELPRODUCERSINCREASETHESHAREOFRECYCYLEDINPUTSTOMEET2050GOALS,THEYCOULDSAVE:​​2X7.2%1.9%1.8Bmt​$54B​Totalmaterialofglobalproductionisofmanufactured1.8billionmetrictonsofCO2eUSD$54billion​extractionhasalmostcircular355productscomefromdoubledsince2000,remanufacturingemissions​puttingitat100billionversusnewtonsperyear354manufacturing356130UnitedNationsGlobalCompactPrivateSectorSDGStocktake131INVESTINCIRCULARITYPRIORITYACTIONSCSCO,CTO,CFOCOMPANYEXAMPLESNOVONORDISKSOURCE100%SUSTAINABLEMATERIALINPUTSTHATARERENEWABLE,RECYCLABLE,ORREUSABLECOTYNovoNordisk,aDanishmultinationalpharmaceuticalcompany,isembeddinganAssessproductdesignandincorporaterecyclableinputsCoty,aglobalbeautycompany,hasproducedend-to-endresponsiblebusinessmodelbytheworld’sfirstgloballydistributedfragrancesconsideringhealthcare’ssustainabilityimpactsEmbedre-useandrecyclabilityintodesignandmaterialselectionprocesses.Potentialactionsinclude(1)mandatingrecyclabilitymadeusingcarbon-capturedalcohol.InJanuaryacrossdifferentstagesofitsproductlifecycle.assessmentstotestend-of-lifesorting,processing,andrecoveryfeasibilityand(2)implementingproductdesigncriteriathatuse2022,CotybeganintegratingthisinnovativeOneareaoffocusismedicaldevicewaste.recycledandrenewableinputsandprioritizedurability.CarbonSmart™alcoholfrompartnerLanzaTechToreducetheirimpact,NovoNordiskhasintoitsfragranceportfolio.ThisnoveltechnologylaunchedaninsulinpentakebackprogrammeSourcerecyclableinputsatscaleprocesscapturescarbonfromindustrialdesignedtodivertwastefromlandfillsandemissionsandtransformsitintoalcoholforusereduceend-of-lifecarbonemissions.ThepilotIncorporaterecycledandrenewablematerialsandfeedstocksatscale.Potentialactionsinclude(1)implementingprocurementinfinefragrances.Alcohol,akeyingredientintheprogrammehasbeenlaunchedinarangeofrequirementstomeetsourcingcriteriaand(2)increasingwastecollectionacrossthevaluechaintoidentifyandsupportcollectionproductionoffragrances,isCoty’stopfragrancecountrieswiththeaimtorecycleplastic,glassandprocessingforrecycledmaterialsintoproducts.ingredientbyvolume.Bytransformingcarbonandmetalfromusedinsulinpensintonewintoanewsourceofalcohol,CotyandLanzaTechproductstherebypreventingwasteandreducingRECOVER100%OFRESOURCESANDRECYCLEDORREUSEareprogressinginnovativesolutionstoreducetheuseofresources.TheoverallvisionistoALLMATERIALS/PRODUCTSATENDOFLIFEthebeautyindustry’senvironmentalimpact.driveindustry-widetakebackandrecyclingCarbon-capturedalcoholinvolvesnearlyzeroprogramsinthehealthcaresector.Assessproductsforend-of-lifeusewaterconsumptionandreducestheneedforagriculturalland,inturnlimitingCoty’simpactonEmbedrequirementsforproductandservicedesigntoenablerecovery,recyclingandre-useatendofproductuse.Potentialactionsbiodiversityandloweringthecompany’scarboninclude(1)implementingproductdesigncriteriathatrequiretheuseofrecyclableandrenewablematerialsand(2)mandatingemissionsrelatedtofragranceproduction.recyclabilityassessmentstotestforend-of-lifesorting,processing,andrecovery.CaterbusinessmodelstomaximizeproductlifeDevelopnewofferingsthatincreasecontroloverproductandpackagingrecovery.Potentialactionsinclude(1)growingproduct-as-a-serviceofferings,suchasleasingandrentals,overone-timepurchases,(2)growingremanufacturingandrepairservices,and(3)trackingproductownership,use,andlifecycles.BuildcapabilitytocollectandrecycleproductsatendoflifeRecapturereusablematerialsforrecyclingandreintroduceintosupplychain.Potentialactionsinclude(1)developingreversesupplychaincapabilities,(2)implementingsalesandcustomerincentivestoincreaseproductrecoveryand(3)developingrecyclinginfrastructureforcollectingandsortingreturnedmaterial.SENDZEROWASTETOLANDFILLANDINCINERATIONReducewasteDeploywastepreventionsolutionstoeliminatewastegenerationatthesource.Potentialactionsinclude(1)conductingwaste-streammapping,(2)analyzingmaterialflowsanddestinationstoidentifywasteleakageand(3)implementingwastepreventionsolutionstoreducematerialconsumptionandoptimizepackagingandinventory.ReuseandrecycleRepurposewasteasanewinternalinputforconversiontonewproductsforotheruses.Potentialactionsinclude(1)divertingoperationalwasteandbyproductstootherusesand(2)valorizingrecycledwasteandbyproductsthroughsaletoothermarketsandsectorsorbyinnovatingnewproductswithinownbusinessportfolio.KEYRESOURCES•PlatformsforAcceleratingtheCircularEconomy•TheCircularDesignGuide•TheWorldBank:WhataWaste2.0•UNEPCircularity•EllenMacArthurFoundation•ZeroWasteInternationalAllianceUnitedNationsGlobalCompactPrivateSectorSDGStocktake133•TheCircularEconomyHandbook132COMMITTOBUSINESSPOTENTIALSUSTAINABLECORPORATETheCFOCoalitionfortheSDGsplaysakeyroleinshapingtheFINANCEsustainabilityagendaofCFOsallaroundtheworld,developingacommonlanguage,collectiveambitions,andresourcestoCURRENTSTATEacceleratecorporateinvestmentstowardtheSDGs.​TheUnitedNationsestimatesthattheworldmustmobilizebetweenUSDAGROUPOF71PIONEERINGCOMPANIESINTHE$3.3-4.5trilliontoachievetheSDGsby2030,withothersourcesestimatingCOALITIONDEMONSTRATETHEIMPACTPOTENTIAL​:thegaptobenearly$10-15trillion.357​Theprivatesectorasacollectivehastheresourcesatitsdisposaltoclosethegap,accountingforover60%ofGDPinmostcountries.Yetmanycompaniesarestillmakingdecisionsthatoftendonottakeintoaccountthefullcostoftheaction,leadingtolargenegativeSDGimpacts.Thisisreflectedbyonly24%ofcompaniesstatingthatembeddingtheSDGsintoinvestmentcriteriaisatop3prioritybetweennowand2030.358​Furthermore,companiesareincentivizedbyshort-termgains,oftenatthecostoflong-termsustainabilityinvestment.Forexample,despite4outofevery5companiessaytheyhaveabusinesscaseforatleastoneSDG,nearly9in10companiessaythatlongpaybackperiodspresentachallengetoinvestinginSDGaction.​Inresponsetothechallenge,theUNGlobalCompacthasorganizedtheCFOCoalitionfortheSDGs,whichoutlinesfourprinciplestointegratesustainabledevelopmentincorporateinvestmentsandfinance.Theprinciplesdetailmethodsforcompaniestoadoptastheyevaluateinvestmentcriteria,transformbusinessmodels,andmaximizetheirimpactontheSDGs.​CFOscantakeconcretestepstodefineinvestmentcriteria,createaccountabilityandembedmeasurementframeworkstoaligncorporateinvestmentsandfinancingwiththeSDGs.15%90%36%$500B50%​50%​ThetotalcostofThefinanceindustryAnnualizedfive-yearTotalCumulativeProportionofSDG-alignedProportionofSDG-linkedachievingtheSDGsisthecustodianand/totalshareholderSDG-alignedcorporatecorporateinvestmentsforfinanceby2025364hasincreasedbyatormanagerof90%ofreturnsforthemostinvestmentsforthetheperiod2020-2025363minimum15%fromtheworld’sgrossliquidproactivelyengagedperiod2020-2025362$116-142trilliontocapital($400trillion)360companieson$134-176trillioninsustainability,against20223595%bytheMSCIworldfinancialindex361134UnitedNationsGlobalCompactPrivateSectorSDGStocktake135COMMITTOSUSTAINABLECORPORATEFINANCE​PRIORITYACTIONSCFOCOMPANYEXAMPLESSCHNEIDERELECTRIC​ACHIEVE100%ALIGNMENTWITHTHECFOPRINCIPLESONINTEGRATEDSDGINVESTMENTSANDFINANCEABNAMROSchneiderElectric,aFrenchenergycompany,hasdefinedaprogressplantobecomeanUnderstandSDGimpactandembedSDGconsiderationsininvestmentdecisionmakingTomeasurepositiveandnegativeimpactonimpactcompany,measuringitsprogressrelevantstakeholders,highlighttrade-offsbetweenagainst11targetseachquarterintheSchneiderPotentialactionsinclude(1)developingandimplementingaspecificSDGimpactthesisthatmaximizespositivestakeholders,andsupportdecision-makingonhowSustainabilityImpact2021-25.FinancialinvestmentimpactandmitigatenegativeimpactonthemostmaterialSDGs,(2)workingwithestablishedthird-partyproviderstoimprovetheirimpact,ABNAMROappliestheprioritiesarealignedtosetthecoursetowardstomeasureSDGimpact.FrameworkforImpactStatementsandImpact-itsSBTi-validatedNet-ZeroCommitment,andWeightedAccountsFramework.Since2018,morebroadlytomeetitslong-termcommitmentsAdoptimpactaccountingtheyhavepublishedthisanalysisaspartoftheirforclimate,topreservenaturalresourcesandannualdisclosuresinanintegratedprofitandtocontributetodevelopment.TohelpfinanceitsPotentialactionsinclude(1)joiningandsupportingforumstocreateanSDGimpactaccountingstandard,lossreporttheycalltheImpactReport.Impactistransition,thecompanyhasissueda€650million(2)adoptinginvestmentcriteriathatincorporatesimpact-weightsintraditionalaccountingactivitiestoembedmeasuredannually,sochangesinimpactcanbeconvertiblebondslinkedtosustainabilitytargetsoncostsfornegativelyimpactingtheSDGs.tracked.Recently,ABNAMROhastakenstepstosavedandavoidedCO2emissionsforcustomers,betterunderstandtheimpactthatarisesthroughgenderdiversity,andenergymanagementAdvocateforESGreportingandtaxintegrationwithimpactaccountingsectorstheyfinanceandidentifyimpactintensivetrainingforunderprivilegedpeople.sectors.TheseinsightswillbeincorporatedintoPotentialactionsinclude(1)advocatingforpublicincentivestoadoptimpactaccounting,suchasblendedfinancedecision-makingandclientrelationships.​opportunitiesforcompaniescreatingpositiveSDGimpactsandtaxburdensforcompaniescreatingnegativeSDGimpacts.KEYRESOURCESUNGLOBALCOMPACTRESOURCES•CFOPrinciplesSDGIMPACTMEASUREMENT•BlueprintsforImplementationoftheCFOPrinciples•InternationalFoundationforValuingImpacts•CFOCoalitionfortheSDGs:MacroSectorProfiles•Impaakt•ScalingSDGFinancefortheSDGs•Util•GISDSector-SpecificSDG-relatedMetrics136UnitedNationsGlobalCompactPrivateSectorSDGStocktake137STRENGTHENSUSTAINABILITYLEADERSHIP​CURRENTSTATEBUSINESSPOTENTIALTheprivatesectorisstillfocusedonshorttermprofitability,oftenattheAligningcompanyvalueswiththeSDGsisimportanttoexpenseoflong-termsustainabilityinvestments.Forexample,despiteaestablishgoodgovernanceandleadershipincentives.​unanimouscallforarapidshifttosourcerenewableenergy,20oftheworld’sbiggestoilandgascompaniesareprojectedtospend$932billiontodevelopnewoilandgasfieldsbytheendof2030.365Atthesametime,underplausibleandexpectedchangesinclimatepolicy,strandedassetriskintheoilandgassectorexceeds$1trillion.366​Companiesneedtoestablishacultureofethicalleadershipthatensuresmoreeffective,accountable,andtransparentgovernance.Bycreatingsharedvaluesthatelevatecorporatebehaviorandvalue,theyraisethestandardforresponsiblebusiness.​Executiveremunerationisakeyleverforguidingcorporatebehaviorandincentivizingcompaniestakelong-term,sustainableaction.ToachievetheSDGs,companiesmustshiftprioritiestoproperlyaccountformorethanjustshareholders’interests,andholdleadershipaccountable.In2022,thenumberofFTSE250companiesthattiedESGperformancewithbonusesincreasedby57%inasingleyear,signalingagrowingtrendintyingexecutivecompensationwithsustainabilitygoals.367Togofurther,companiescanlinkexecutivepaytotheSDGsandestablishboardaccountabilitytocreateamoresustainableandtransparentfuture.​Companiesmustcreateanenvironmentthatfavorslong-termvaluethroughouttheformationandimplementationofbusinessstrategy.Executiveremunerationisthetruestexpressionofacorporation’srealpriorities,andresponsibleremunerationisarealcommitmentonbehalfofleadershiptotheSDGsandsustainablelong-termvaluecreation.​85%34%31%43%$200M​ofsurveyrespondentsofUNGlobalofUNGlobalCompactofinvestorsbelieveapplyingESGoflobbyingdollarsspentbythefivebelievethatlongCompactCEOssayCEOssaytheyarecriteriatocorporatedecision-makinglargeststockmarket-listedoilandgaspay-backperiodsfortheylinkleadershipincreasingthediversityleadstoenhancedfinancialresults3​70companiesonblockingclimatechangesustainabilityprojectsremunerationtoofthecompany’sactioneveryyear3​71negativelyimpacttheirsustainabilitytargets368board369abilitytocontributetotheSDGs138UnitedNationsGlobalCompactPrivateSectorSDGStocktake139STRENGTHENSUSTAINABILITYLEADERSHIP​PRIORITYACTIONSCEO,CFO,CLO,GovernmentAffairsCOMPANYEXAMPLESMARSAPPLYRESPONSIBLEEXECUTIVEREMUNERATIONPRINCIPLESTOACCELERATESDGPROGRESSMASTERCARDTomakeanimpact,compensationplansneedtobetiedtoclearKPIsandbefinanciallymeaningfulDefinescopeMastercard,aUS-basedtechnologycompanyintoparticipants.Mars’long-termincentiveplanthepaymentsindustry,tohelpfurtheralignits(LTIP)highlightsthisapproachbylinkingpayClarifywhichSDGsaremateriallyrelevanttothecompany,andwhoareleaderswhodriveprogressintheseareas.actionswithitsESGgoals,andtohelpensuretoshareholderobjectivessetbyitsownersthePotentialactionsinclude(1)identifyingSDGsandmetricswithaclearlinktoshareholdervalueandalignmenttothatallMastercardemployeesshareintheMarsFamily.Theseobjectives,whichareknownthelong-termbusinessstrategy,and(2)balanceSDGmetricstobediverseandrelevant.responsibilitytoupholdthesegoals,linkstheirastheMarsCompass,coverfour“quadrantsofannualincentiveprogramsforexecutivesandperformance”(financialvaluecreation,qualityStructureincentivesemployeestoESGperformancemeasures,growth,positivesocietalimpactandbeingaincludingquantitativeobjectivesforfinancialtrustedpartner).IntheLTIP,thenon-traditionalDesignpayincentivesalignedwithSDGtargetsanddefinedtimehorizons.Potentialactionsinclude(1)designinginclusion,genderpayequityandgreenhouse-gasmetricsareweighted40%andarecomprisedofincentivestopromotetheachievementofSDGtargetsondefinedtimehorizons(2)accountingforunintendedemissionsreductions.GHGemissionreductiontargets(onallscopes)consequencesinincentivestructures.Remunerationtime-framesshouldfavorlong-termvaluecreationoverforthethreeyearcycle,progressagainstshort-termfinancialresults.packagingsustainabilitytargetsandanexternallymonitoredsocietalreputationmetricmeasuringExecutiveEvaluationMars’corporateratingsasatrustedpartnerthataddressesstakeholderinterests(employees,Ensureremunerationdecisionsaremadebyanindependent,well-informedandstakeholderconnectedboard.supplychain,customers,andsocietyatlarge).Stakeholderreportingprovidesaconsistentnarrativethathelpsassesslinkagetostrategy,materiality,andpayforperformance.CREATEABOARDPOSITIONTOADVOCATEFORALLSTAKEHOLDERS’LONG-TERMINTERESTSIdentifyandunderstandstakeholderinterestsIdentifyprimaryandsecondarystakeholderstothebusiness.Potentialactionsinclude(1)conductinganorganizationalassessmenttoidentifystakeholdergroupsmostimpactedbybusinessoperations.EstablishaboardseatCreateaboardseatforarepresentativetogivevoicetononfinancialstakeholders.Potentialactionsinclude(1)establishingavotingornon-votingboardseattorepresentnonfinancialstakeholders(2)establishingboardreceptiontoexternalinputonthesocietalimpactofbusinessoperations(3)puttingshareswithrightsintruststogiveordinaryshareholderstheabilitytopurchaseshareswithvotingrights.ENGAGEINRESPONSIBLEADVOCACYAligningadvocacyeffortswithinternalsustainabilityprioritiesAdvocateandlobbyforlegislativeandsystemicchangeinwaysthatalignwithlong-termcorporateinterests.Potentialactionsinclude(1)aligninginvestmentswithlong-termstakeholderinterests,(2)improvingtransparencyaroundlobbyingeffortsandengagingwithstakeholders–includingemployeesandcommunities–toensurealignmentatalllevels.KEYRESOURCES•UNGlobalCompact:SDG16•E&CInsights•UNGC10Principles•RewardValue•IntegratingESGIssuesIntoExecutivePay•UNGC:ModernizingExecutivePayUnitedNationsGlobalCompactPrivateSectorSDGStocktake141140POLICYMAKERASKSUnitedNationsGlobalCompactPrivateSectorSDGStocktake143GOVERNMENTPOLICYCHANGESAREBUSINESSESARECALLINGONCRITICALTOSCALEUPBUSINESSPOLICYMAKERSTOSTEPUPANDENGAGECONTRIBUTIONSTOTHESDGSINSDGACTIONINTHESEAREAS:​Achievingsubstantialprogressinthesevenyearsleftispossible,butonlyifpublic,privateandnon-profitWhenasked,businessleadersindicatedtheirsupportofspecificpoliciesthatwouldhelpsupportplayersworkmorecloselytogetherwithacleargameplan.Toharnessthefullpotentialoftheprivatethetrilemmaandachievethepathwaysoutlinedabove:​sector,therightpoliciesneedtobeinplacetoincentivizeactionacrossall10ofthepathways.SCALEUPNEWINCENTIVESYSTEMSBUSINESSESNEEDGOVERNMENTSTOENGAGETOREDEFINESUCCESSINTERMSOFRISK,RETURNANDIMPACT​44%ofsurveyrespondentsGovernmentsrepresentthegroupthatbusinessleaderssaytheyneedmoresupportfromastheypursueSDGimpact.BusinessesneedtofeelThetopaskfrombusinessleadersisconsistentsustainabilityreportinganddisclosuremandates(76%).rankedpolicymakersthatgovernmentsareengaging,supporting,andpartneringwiththemThishelpsensureallbusinessesareheldtothesamestandardbothnationallyandglobally.asthetopstakeholdertoleadthenecessarychangeaheadof2030.groupfromwhichmoreEXPANDTHEBENEFITSOFMARKETSengagementisrequiredTOACHIEVESOCIALRESPONSIBILITYBUSINESSESAREDEMANDINGCHANGESININCENTIVESThesecondaskisadjustingthenationalminimumwagetoequallivingwagelevels(71%)–acost80%ClaiminsufficientBusinessesaredemandingthatgovernmentsputinplacepolicytobusiness,butonethattheydeemworthyshouldeveryonepaythepricefairly.Inaddition,themajorityincentivestohelpintegratetheSDGsintobusinessstrategyandsupportpoliciesthatwouldhelppromotegenderequality,namelymandatorydisclosureofgenderpaypolicyincentivestooperations.Thisensuresanevenplayingfieldacrossallbusinesses,gaps(65%),andmandatoryminimumcompanypaidshared-parentalleave(58%).incorporateSDGsintoandwidespreadaction.Thisalsohelpsgivebusinessesclearguidancebusinessstrategyisonwheretoconcentratetheirefforts.TRANSFORMTHEBASISOFBUSINESShinderingprogressTOACHIEVEENVIRONMENTALSUSTAINABILITYBUSINESSESAREASKINGFORCLEARGUIDANCEFinally,businessessupportarangeofstrongerpoliciestostrengthenenvironmentalprotection.Businesses84%StatethatuncertaintyBusinessesstruggletounderstandhowtocalculatetheirimpactontheareaskingforpolicymakerstosupportacleanenergytransition,advocatingforpoliciessuchasshiftingSDGs.Theyareaskingforclearmeasurementcriteriaandcalculationsubsidiesfromfossilfuelstorenewables(68%),requirementsforallbusinessestoreachnet-zeroaroundmeasurementmethodssothattheycannotonlyproperlyreportprogress,butalsoemissionsby2050(62%),andcarbonpricingtoreducefossilfueluseandshifttorenewables(60%).andcalculationsofmakeinformeddecisionsbasedontheseinsights.Formoreinformationonrenewableenergytransition,clickhere.​impactstowardsSDGsisamajorbarrierBusinessesarealsoadvocatingformoremandatorydisclosures,includingmandatorydisclosureofwaterwithdrawalandconsumption(64%)andmandatorynature-relatedrisksandimpactreporting(61%).Advocatingforhighertransparencyenablesbetterdecision-makingforindividualcompanies,aswellasprivatesectoraction.​FormoreinformationonLDC’sasks,pleasereviewtheDoha5-pointperspective.Source:UNGCPrivateSectorStocktakeSurvey(n=2,859)Source:UNGCPrivateSectorStocktakeSurvey(n=2,859)SurveyQuestion:Howmuchofanimpactdoeseachofthefollowinghaveonyourcompany’sabilitytocontributetotheSDGs?SurveyQuestion:Whichofthefollowinggovernmentpolicieswouldyousupport?144UnitedNationsGlobalCompactPrivateSectorSDGStocktake145APPENDIXUnitedNationsGlobalCompactPrivateSectorSDGStocktake147METHODOLOGYDISCLAIMERSDATAPROVIDERSThisreportpullstogetheruniquedatasourcesto1NomeasurementapproachisperfectEachofthesourcesutilizedinthereportgivesdifferentinsights.Combined,theygiveusanewpictureofproducecomplementaryinsightsabouttheprivatecurrentSDGimpacts,historictrendsandhowthislinkstoESGreporting.​sector’simpactontheSDGs.ThevarietyoftheUsingimperfect,far-reachingquantitativedatamakesthisreportoneofthemostcurrent,measuresisacriticalandhithertomissingProvidercomprehensive,andevidence-basedanalysesofcomplementtoqualitativeinsights.theprivatesector’scontributiontotheSDGs.​Bycombiningsources,wehaveexploredDescriptionMappingofESGCrowdsourcedratingsofAI-poweredtaggingofquestionsfrommultipleanglestoaddmetricstoSDGstoSDGimpactbasedon40+revenuetoSDGsbasedonLeveragingthreedistinctquantitativedatarobustness.​identifygapsbetweencommonthemes​.7,000+productimpacts​.providers,thisreportrepresentsthefirstattemptimpactandreporting.togenerateinsightsonSDGimpactsatthe2Tmheearseupreomrtednotessnotincludeabsoluteaggregateprivatesectorlevel,breakingnewInsightForeachSDG,whatistheForeachSDG,whataretheForeachSDG,whatgroundintheworld’sefforttoevaluateprogressonSDGcontributionsfortheentireprivaterelationshipbetweenimpactmostimportantcommonsectorshavethemosttheSDGs.Whilemethodologiesexisttoevaluatesectorare‘bestguesses’basedonthebestandESGreporting,anddothemesdrivingimpactsforpositivelyandnegativelyindividualcompanycontributions,thisreportavailabledata.Weareconfidenttheyareweseecriticalgaps?theprivatesectoroverall?alignedrevenueandwhy?focusesonaggregatesector-wideimpact.​directionallycorrectforthe40+themesand10sectorsperSDG.​Approach200+1.2million120millionInaddition,thetriangulationofdatasourcesallowsustoexplorethematicinsightsacross3Urenpdreersleynintgatsivaemopfltehseaprreivnaottetsruelcytor‘ESGPerformanceScore’AssessmentsdonebyAcademicarticlesaresectors,products,processes,andESGreportingmetricsaremappedtoacommunityofoverprocessedbyalgorithmsforthefirsttime.​ThisreportrepresentsfeedbackmainlySDGstomeasurewhere50,000contributorstomaptheimpactsfromtheGlobalNorthandWesternthereismostreportingthatscorecompaniesof7,000+productsforFinally,wecomplementthisanalysiswithcountriesandbusinesses.Whilewehadtodayandwherethereonthevalueandscale17SDGs,accountingtraditionaltools.Thefirstisasurveyofover2,800opportunitiestodiscusswithemployersarecriticalgaps.oftheirimpactacrossforwhererevenuebusinessleaderstogaugesentimentontheprivatefromGlobalSouthitwaslimited.Moreover,40+topics.Aggregateisgenerated.sector’sroleandcontributionsinprogressingtheitisrecognizedthattoreachthe2023scoresinthereportareSDGs.ThesecondisananalysisofearningscallAgendatheGlobalSouthisinthemosttheweightedaverageoftranscriptsusingCBInsights.​needfromadvocacytocommitmenttoeachanalysisforthattheguidingprinciples.companyorthattopic,Ourhopeisthatthisanalysisprovidesamuch-weightedbythescaleneededassessmentofthecurrentstatewhileofeachanalysis.producingacatalystandblueprintforaction.​ScopeDoesnotmeasureConsidersproduct,ConsidersonlyproductSDGimpact,onlyprocess,employment,impactsonSDGs​.scoresthecurrentphilanthropyandtaxstateofESGreporting​.impactsonSDGs.​Sample7,0005,00050,000CompaniesratedCompaniesratedCompaniesrated148Disclaimer:anyuseoftheseprovidersdoesnotsuggestendorsementnorinvolvementoftheUnitedNationsGlobalCompactintheirmethodologytoscoreand/orassesscompaniesontheirimplementationoftheTenPrinciplesandcontributiontotheSDGs.Theseprovidersarepartofadiverseindustryofsustainabilitymeasurementandwereselectedasrepresentativeexamplesgivencomplementarydataapproaches.UnitedNationsGlobalCompactPrivateSectorSDGStocktake149ESGBOOKMETRICDETAILSSURVEYDEMOGRAPHICSESGBookprovidesamappingofESGmetricstoeachSDGandthepercentageofcompaniesthatmeasureTheUnitedNationsGlobalCompactandAccenturecommissionedasurveyinthespringof2023togaugeeachSDGmetric.Ofthe202totalESGmetrics,onaverage,31metricsarerelevantperSDG,butthisvariesbusinesssentimentontheprivatesector’scontributiontotheSDGs.Thesurveywascompletedby2,859heavilybySDG.businesspractitioners.GOALNAMENUMBEROFMETRICS10%19%C-SuiteSDG1NoPoverty61%32%Director/HeadSDG2ZeroHunger44%Manager/SeniorManagerSDG3GoodHealthandWell-being36AssociateSDG4QualityEducation86%ConsultantSDG5GenderEquality13Student/ResearcherSDG6CleanWaterandSanitation2227%OtherSDG7AffordableandCleanEnergy22SDG8DecentWorkandEconomicGrowth51SDG9Industry,InnovationandInfrastructure15SDG10ReducedInequalities36SDG11SustainableCitiesandCommunities38SDG12ResponsibleConsumptionandProduction74SDG13ClimateAction37SDG14LifeBelowWater28SDG15LifeOnLand35SDG16Peace,JusticeandStrongInstitutions69SDG17PartnershipsfortheGoals3174REGIONCOMPANYREVENUE6951%41%NumberofMetrics51Average363638373521%3121%12%12%14%2817%22226%1315AfricaAmerica1%4%68AsiaAustralasiaEuropeMENA<10million10million25million250million>1billionUSDUSDtoUSDtoUSDtoUSD4<1billion<25million<250millionUSDSDG1SDG2SDG3SDG4SDG5SDG6SDG7SDG8SDG9SDG10SDG11SDG12SDG13SDG14SDG15SDG16SDG17USDUSD150UnitedNationsGlobalCompactPrivateSectorSDGStocktake151IMPAAKTDATADEMOGRAPHICSUTILDATADEMOGRAPHICSImpaaktprovidesestimatesforthescaleofpositiveornegativeUtilprovidesestimatesforthepercentageofcompanyrevenueimpactthatacompany’sentireoperationshaveontheSDGs.​alignedwithpositiveornegativeimpactstotheSDGs.​COMPANYREVENUEREGIONCOMPANYREVENUEREGION>1BUSD79.4%Asia37.1%>1BUSD47.4%Asia45.8%35.2%NorthAmerica22.4%NorthAmerica24.3%250Mto1BUSD16.3%250Mto1BUSD0.0%EuropeEurope17.7%25Mto250MUSD4.2%Oceania2.5%25Mto250MUSD30.6%Oceania6.4%LatinAmericaand1.9%LatinAmericaand2.4%theCaribbeantheCaribbean10Mto25MUSD0.1%10Mto25MUSD5.6%Africa0.8%MENA2.0%<10MUSD0.0%MENA0.0%<10MUSD16.3%Africa1.4%INDUSTRYINDUSTRYManufacturing16%FinancialServices20%Infrastructue13%ICT16%FinancialServices12%ICT11%Extractives12%11%11%HealthCare9%Manufacturing11%Extractives9%ConsumerGoods7%HealthcareFood&Beverage7%ConsumerGoods8%Transport7%ServcesServices6%Other5%Food&Beverage4%Transport3%Infrastructure2%Other1%152UnitedNationsGlobalCompactPrivateSectorSDGStocktake153SECTORCLASSIFICATIONSHEALTHCARESERVICESSustainabilityAccountingStandardsBoard•Biotechnology&Pharmaceuticals•Advertising&MarketingIndustryClassificationSystem•DrugRetailers•Casinos&Gaming•HealthCareDelivery•EducationTofacilitatedataanalysis,allreportdatawasclassifiedusingtheSustainability•HealthCareDistributors•Hotels&LodgingAccountingStandardsBoard(SASB)IndustryClassificationSystem(SICS).•ManagedCare•LeisureFacilities•MedicalEquipment&Supplies•Media&EntertainmentSICSbuildsonandcomplementstraditionalclassificationsystemsbygrouping•Professional&Commercialcompaniesintosectorsandindustriesinaccordancewithafundamentalviewoftheirbusinessmodel,theirresourceintensityandsustainabilityimpacts,Servicesandtheirsustainabilityinnovationpotential.CONSUMERGOODSEXTRACTIVES&INFRASTRUCTURETECHNOLOGY&MINERALSPROCESSINGCOMMUNICATIONS•Apparel,Accessories&Footwear•ElectricUtilities&PowerGenerators•ApplianceManufacturing•CoalOperations•Engineering&Construction•ElectronicManufacturingServices•BuildingProducts&Furnishings•ConstructionMaterials&OriginalDesignManufacturing•E-Commerce•Iron&SteelProducersServices•Household&PersonalProducts•Metals&Mining•GasUtilities&Distributors•Hardware•MultilineandSpecialty•Oil&Gas-Exploration&Production•HomeBuilders•InternetMedia&Services•Retailers&Distributors•Oil&Gas-Midstream•RealEstate•Semiconductors•Toys&SportingGoods•Oil&Gas-Refining&Marketing•RealEstateServices•Software&ITServices•Oil&Gas-Services•WasteManagement•TelecommunicationServices•WaterUtilities&ServicesFINANCIALSERVICESFOOD&BEVERAGERESOURCETRANSPORTATIONTRANSFORMATION•AssetManagement&•AgriculturalProducts•AirFreight&LogisticsCustodyActivities•AlcoholicBeverages•Aerospace&Defense•Airlines•FoodRetailers&Distributors•Chemicals•AutoParts•CommercialBanks•Meat,Poultry&Dairy•Containers&Packaging•Automobiles•ConsumerFinance•Non-AlcoholicBeverages•Electrical&ElectronicEquipment•CarRental&Leasing•Insurance•ProcessedFoods•IndustrialMachinery&Goods•CruiseLines•InvestmentBanking&Brokerage•Restaurants•MarineTransportation•MortgageFinance•Tobacco•RailTransportation•Security&CommodityExchanges•RoadTransportation154UnitedNationsGlobalCompactPrivateSectorSDGStocktake155UNITEDNATIONSABOUTGLOBALCOMPACTSTOCKTAKEAspartoftheUNGlobalCompactStocktakereport,ECONOMICIMPACTateamfromAccenture’sMacroForesighthubASSESSMENTScreatedfiveEconomicImpactAssessments(EIAs).​APPROACH&INSIGHTSUMMARIESTheirpurposeistoprovidequantitativeinsightsonfivekeyactionstheprivatesectorcantaketo156acceleratetheSDGsby2030,specifically:​1.Closethegenderpaygap2.Implementlivingwages3.Improvewaterefficiency4.Investincircularity5.Increaseaccesstoproductsandservices•Internetconnectivity(bothfixedandmobile)•Micro-finance•VaccinesForeachEIA,thepurposeofthisdocumentisto:•Summarizethemostimportantinputsandthesourcestheycamefrom​•Explainthecalculationapproachusedatahigh-level•OutlinethekeyfindingsandpotentialheadlinesforthereportThisdocumentdoesnotinclude:•Completemethodologyguidancecoveringallcalculationsteps​•ExhaustivelistsofallinputsandsourcesusedUnitedNationsGlobalCompactPrivateSectorSDGStocktake157CLOSETHEGENDERWAGEGAP1Whatistheglobalunexplainedgenderwagegaptoday?INPUTSSOURCESCOMMENTARYCLOSETHEGENDERPAYGAPGenderWageGapUNThemodelstartswithaglobalestimateofthetotalgenderwagegapat23%.Theanalysisisonly23%Howmuchoftheunexplainedgenderwagegapcantheprivateconcernedwithcomparingnearlyidenticalroleswheretheonlydifferenceisthegenderofthepersonsectorcloseviawidespreadadoptionofpaygapdisclosure,%ofWageGapUnexplainednon-transferableparentalleave,recruitmentquotas,promotion23%fillingtherole.Themodelleveragesanestimatedunexplainedgenderwagegap,whichisthequotas,flexibleworkarrangements,andsalaryhistorybans?CAPportionofthewagegapthatremainsaftercontrollingforeducation,workexperience,demographics,TOPHEADLINES•Theprivatesectorcouldclose2/3oftheunexplainedgenderwagegapby2030ifalljobtype,andunionstatus.companiesadoptedpaygapdisclosure,paidpaternityleave,genderrecruitmentand2Howmuchoftheunexplainedgenderwagegap(UWG)couldbeclosedby2030byadopting6policies?promotionquotas,flexibleworkingarrangements,andsalaryhistorybans.​•Implementingpaygapdisclosure,paidpaternityleave,genderrecruitmentandHeadlinespromotionquotas,flexibleworkingarrangements,andsalaryhistorybansacross1.Theprivatesectorcouldclose2/3oftheunexplainedgenderwagegapby2030ifallcompaniesadoptedpaygapdisclosure,paidpaternityleave,theprivatesectorcouldresultin:•$200-240billionofnetbenefitstothefemaleworkforcefromincreasedwages,genderrecruitmentandpromotionquotas,flexibleworkingarrangements,andsalaryhistorybans.drivinghigherfemalelaborforceparticipation​INPUTSSOURCESCOMMENTARY•$353billionofnetbenefitstocompaniesfromimprovedproductivityandretention​•$3trillionofnetbenefitstosocietyfromhigherwages,drivinghigherfemalelabor%↓inUWGby2030viaPayGapDisclosureHBR;CenterWelookedatevidenceofreductionsinthegenderwagegapfromstudiesofreal-lifepolicy10.3%forEconomicimplementationsacrosscountries.Thesestudiescomparedacontrolgroupwithasampletoderiveforceparticipationandmoreeconomicactivity,andfromwageincreasesdrivingPerformance;Quartzanestimateofpolicyeffectiveness.Becausetheimpactsobservedweremeasuredovervariedgreaterspendingandincreasedtaxes%↓inUWGby2030viaNon-TransferableLeaveJournalofLabortimelines,wethenannualizedthefigurestomakethemcomparableandusethistocalculatea7.2%Economicscumulativeimpactby2030.Weassumethatsimplyaddingtheindividualimpactofeachpolicywill158EUImpactAssessmentoverestimatethetruecombinedimpactbecausetherewillbeinteractioneffects.Asaresult,we%↓inUWGby2030viaRecruitmentGoalsreducedthecombinedimpactby30%toaccountforinteractionbetweenpolicies.Themodelassumes9,7%NBERpaygapdisclosure,flexibleworkarrangementsandbanningcandidatesalaryhistoryhavealargerimpactintheinitialimplementationyearfollowedbydecliningimpacts.Incontrast,weassumeimplementing%↓inUWGby2030viaPromotionGoalsSAGEnon-transferableparentalleave,recruitmentgoals,andpromotiongoalshaveincreasingimpactsover43.8%timeasthescopeandcoverageofthesepoliciesexpands.ThemodelassumesmalewagesremainNBER;YaleUniversityconstant,therearenoinflationaryeffectsanddecreasingwagegapsareproportionaltoincreasing%↓inUWGby2030viaFlexibleWorkfemalewages.Paygapdisclosurereferstovoluntarymeasurementandreportingonpay9.6%Assumptiondifferencesbetweenmaleandfemaleworkers.Non-transferableleavereferstoallocatedmaternityandpaternityleavethatcannotbeexchangedbetweenparents.Recruitmentgoalsreferstoset%↓inUWGby2030viaSalaryHistoryBansobjectivestohireacertainnumberofemployeesbygender.Promotiongoalsreferstosetobjectives13.0%topromoteacertainnumberofemployeesbygender.Flexibleworkreferstoofferinghybridworktoemployees,asopposedtorequiring100%remoteorin-personwork.SalaryhistorybansreferstoInteractionEffectpoliciesthatpreventcompaniesfromrequestingthesalaryhistoryofprospectivejobcandidates.30%3Whatarethebenefitsandcoststoindividuals,companies,andsocietyfromclosingthewagegapby2030?Headlines1.Therearepositivenetbenefitstoclosingthegenderpaygapforindividuals,companiesandsociety.Implementing6policiesacrosstheprivatesectorwouldresultin:a)$200-240billionofnetbenefitstothefemaleworkforcefromincreasedwagesb)$353billionofnetbenefitstocompaniesfromimprovedproductivityandretentionc)$3trillionofnetbenefitstosocietyfromGDPgrowthINPUTSSOURCESCOMMENTARYWhatarethebenefitsandcoststoindividualsfromclosingthewagegapby2030?Post-TaxIncomeIncreaseCalculatedTheincomeincreaseassumesthatadecreaseinthewagegapcorrespondswithadirectly$200-240Bproportionalincreaseinfemalewages.Thefigureassumesa14%taxrateand10%savingsrate.Whatarethebenefitsandcoststoindividualsfromclosingthewagegapby2030?ProductivityGainsUniversityofChicagoProductivitygainsassumeanassociatedincreaseinproductivityforeveryincremental$1.4-1.7THarvard$1inwages.Forretention,themodelassumesthatwageincreaseswillreduceoverallattrition.RetentionsavingsarecapturedbylowerrecruitmentcoststofillotherwisevacantrolesandRetentionSavingsBusiness.orgbyavoidedsalarypremiumsthatemployersmustpaytofillavacantrole(i.e.,ifanemployeeleaves$175-220Barole,anemployerwillhavetopaythereplacementahigherwage).Workfromhomesavingsonlyapplytothebenefitsofflexibleworkarrangementsandreflect.WorkfromHomeSavings$58BImplementationCosts(set-up,runcosts)PortlandStateThetotalimplementationcostforallsixpoliciesisassumedat$176percoveredemployee.$530-650BUniversityTheincreasedwagebillcaptureswageincreasesforexistingfemaleworkers,wagesfornewworkforceentrants,andwagebillreductionsduetopotentiallayoffsorrestructuring.WageBillIncreaseILO$415-500BCostofTimeOff(forPaternityLeaveCalculated$265BWhatarethebenefitsandcoststosocietyfromclosingthewagegapby2030?↑inFemaleLaborForceParticipationFederalReserveBankGDPupliftcapturesincreasesinconsumerspendingduetowageincreasesandcorrespondingGDP3%ofRichmondgrowthduetohighereconomicactivityfromanimpliedincreaseinfemalelaborforceparticipationduetowageincreases.Regardingtaxrevenue,themodelassumesaglobalsavingsrateof10%,leaving90%ofTaxRevenueCalculatedpost-taxincomeavailableforconsumption.Themodelassumesthattaxrevenuewillalsoincreasedueto$50-65Bahigheramountofincomeintheeconomy,assumingaflatglobalaveragetaxrateof14%.Whatarethebenefitsandcoststosocietyfromclosingthewagegapby2030?GlobalEnterpriseCountStatista,StatistaToestimatethepotentialbenefitsandcostsofclosingthewagegapinsteptwo,themodeluses333millionStatista,Statistaenterprisecounts,employeecounts,andlaborforceparticipationtoestimatethescaleoftheimpact.TheestimatedglobalenterprisecountreliesonanestimatednumberofcompaniesacrossGlobalEmployeeCountILOallsizes.Theglobalemployeecountcalculatestheaveragenumberofemployeesandscales3.3billionagainstaglobalestimateforthenumberofcompanies.LaborforceparticipationrateissourceddirectlyfromtheILOandincludesonlyworkersages15andolder.LaborForceParticipationRateFemale:47%Male:72%UnitedNationsGlobalCompactPrivateSectorSDGStocktake159IMPLEMENTALIVINGWAGE1Howmanypeopleareinworkingpovertytoday?Headlines1.617millionworkersearnwagesbelowtheworkingpovertylinetoday.IMPLEMENTALIVINGWAGEINPUTSSOURCESCOMMENTARYHowmanypeoplecouldbeliftedoutofworkingpovertyifcompaniesimplementedlivingwagesfortheirownworkersWorkingPoverty:LowIncomeCountriesILOWeaimtodeterminethenumberofpeopleinworkingpovertybydefiningaworkingpovertylevel–orinfluencedcompaniesintheirsupplychains?​71millionILOacrossfourdistinctcountryincomecategories.Inlow-incomecountries,theworkingpovertyILOpopulationincludespeopleearningbelow$1.90perday,or43%oftheworkingpopulation.TOPHEADLINESWorkingPoverty:Low-MiddleIncomeCountriesInlow-middleincomecountries,theworkingpovertypopulationincludespeopleearningbelow•123millionworkerscouldbeliftedoutofworkingpovertyifcompaniesemploying316million$3.20perday,or32%oftheworkingpopulation.Inupper-middleincomecountries,theworkingpovertypopulationincludespeopleearningbelow$5.50perday,or15%oftheworkingpopulation.20%oftheworkingpovertypopulationraisedwagestothelevelofalivingwage.​WorkingPoverty:Upper-MiddleIncomeCountriesInhighincomecountries,theworkingpovertypopulationincludespeopleearningbelow$20.00•Raisingthewagesof20%oftheworkingpovertypopulationtothelevelofaliving201millionperday,or6.3%oftheworkingpopulation.wagewouldcostapproximately$800billion.​WorkingPoverty:HighIncomeCountriesILO•If5industries(agriculture,forestry,fishing,miningandmanufacturing)took30millioncollectiveactiontoencouragelivingwageadoptionacrosstheirsupplychains,itcouldlift26millionpeopleoutofworkingpoverty:​2If20%ofpeopleinworkingpovertygotlivingwages,howmanypeoplemightbeimpactedandwhat’sthecost?•6.3millioninagriculture,forestry,andfishingindustry​•467,000inminingandquarrying​Headlines•19.7millioninmanufacturing​1.123millionworkerscouldbeliftedoutofworkingpovertyifcompaniesemploying20%oftheworkingpovertypopulationraisedwages160tothelevelofalivingwage.2.Raisingthewagesof20%oftheworkingpovertypopulationtothelevelofalivingwagewouldcostapproximately$800billion.INPUTSSOURCESCOMMENTARY%ofWorkersEarningaLivingWageAssumptionWeelectedtomodelascenarioinwhich20%ofworkerscurrentlyinworkingpovertyreceivea20%livingwage.Toformaconservativeestimate,themodelassumesthehighest-paidworkerreceivesValuingImpactawageincrease(i.e.,thewagedifferentialissmallest).TheaveragemonthlylivingwageforAverageLivingWagebyCountryIncomelow-incomecountries,is$568;forlow-middleincomecountries,is$636;forupper-middleincomeVariesbyCountryIncomeCalculatedincountries,is$707;andforhighincomecountries,is$1,217.Averageworkingpovertywagesare$1.90Step#1perdayforlow-incomecountries;$3.20forlow-middleincomecountries;$5.50perdayforupper-NumberofWorkersinWorkingPovertymiddleincomecountries;and$20.00forupperincomecountries.Weassumeminimalinflation617millionbelowadoptionfor20%ofworkers.3Howmanyyearswouldittaketoendworkingpovertybasedoncurrentwagegrowth?Headlines1.Evenifwagesalwaysgrew3%fasterthaninflation,itwouldstilltake78yearstoendworkingpovertygloballyandbringallworkerstolivingwagelevelsbasedoncurrenttrends.INPUTSSOURCESCOMMENTARYAnnualRealWageGrowthILOInthe21stcentury,realwagegrowthhasbeen3%.Researchhasidentifiedapovertyrate3%elasticityduetowagegrowth:forevery100%↑inaveragerealwages,theworkingpovertyrateinIZA;IMF;ILRlow-incomecountries↓by46%;inmiddle-incomecountries↓by25%;andinhigh-incomecountries%∆inPovertyRatedueto%↑inWages↓by22%.Themodelassumesthiseffectremainsconstantacrossallpovertyratelevels.ThemodelVariesbyCountryIncomecalculateshowmanyyearsitwouldtakeforworkingpovertywagestoreachthelevelofalivingwage,assumingthecurrentlivingwagedefinitionremainsconstant.4Howmuchcouldwereduceworkingpovertyifselectindustriestookcollectiveactiononlivingwages?Headlines1.If5industries(agriculture,forestry,fishing,miningandmanufacturing)tookcollectiveactiontoencouragelivingwageadoptionacrosstheirsupplychains,itcouldlift26millionpeopleoutofworkingpoverty:•6.3millioninagriculture,forestry,andfishingindustry•467,000inminingandquarrying•19.7millioninmanufacturingINPUTSSOURCESCOMMENTARYShareofExportsperIndustryUNCTADToestimatetheimpactbusinessesinwealthynationscancreatethroughouttheirsupplychains,VariesbyCountryIncomeILOwefirstidentifiedtheworkingpovertypopulationbyindustryandcountry.WeestimatedtheworkingILOpovertyratebycountryandindustrybasedontheaveragewagesperindustry.WethenidentifiedShareofEmploymentperIndustryILOexportsasapercentageofGDPwithineachcountryandindustrytoidentifytheshareofeachVariesbyCountryIncomeindustry,withineachcountry,thatinteractwithinternationaltrade.MultiplyingtheshareofexportsasapercentageofGDPbyindustryandthenumberofemployeesinworkingpovertybyindustryWorkingPovertybyCountryoutsideofwealthynationsproducesaproxyfortheworkingpovertypopulationworkinginthehigherVariesbyCountryIncometiersofglobalsupplychains.ShareofEmploymentperSectorVariesbyCountry&IndustryUnitedNationsGlobalCompactPrivateSectorSDGStocktake161INVESTINCIRCULARITY1Howmuchemissionswouldtheprivatesectoremitbetween2022-2030ifrecyclingratesremainconstant?Headlines1.Ifcopper,aluminum,andsteelproducersmaintainedcurrentlevelsofrecycledinputsinproduction,theywouldemit36.6billionmetrictonsofCO2ebetween2022-2030.INVESTINCIRCULARITYINPUTSSOURCESCOMMENTARYByhowmuchcantheprivatesectorreduceemissions%ofRecycledInputinProductionMixbyMetalLightMetalAge;WorldThisanalysisprojectsemissionsoffahypotheticalglobalcarbonpriceifthepercentageofrecycledbyincreasingtheuseofrecycledcopper,aluminum,VariesbyMetalSteelAssociationmetalinputratesremainsconstant.Themodelassumesthatbetween2022-2030,thepercentageandsteel?Whatistheassociatedcostsavings?CAGRofProductionbyMetalHSBCofrecycledcoppervs.virgincopperusedinproductionremainsat22%;30%forsteel;and32%forVariesbyMetalaluminum.TherecycledinputmixforcopperisestimatedbydividingtheamountofdirectscrapcopperTOPHEADLINESMaterialEconomics;usedbymanufacturersbythetotalamountofcopperworldmineproductionin2021.Holdingtheserates•Ifcopper,aluminum,andsteelproducersincreasedtheirshareofrecycledinputsonEmissionsFactorbyMetalCarbonChainconstant,themodelprojectstheamountofrecycledmetalusedinproductionbetween2022-2030basedVariesbyMetalonanestimatedCAGRoftotalproductionforeachmetal.TheestimatedCAGRoftotalproductionparwith2050goals,itwouldsave1.8billionmetrictonsofCO2e,resultinginmoreis2%forcopper;1%forsteel;and2%foraluminum.Multiplyingprojectedtotalmetalproductionbythan$54.3billioninsavings.thepercentageofrecycledinputsallowsthemodeltosegmentthenumberofmetrictonsofrecycledvs.virginmetalbetween2022-2030.Tocalculatetotalemissions,eachsumofrecycledandvirgin162metalsaremultipliedbyanestimatedemissionsfactor.Theemissionsfactorsforrecycledandvirginproductionofcopperare0.2and4.1tCO2e,respectively;forsteel,theemissionsfactorsare0.4and2.3tCO2e,respectively;andforaluminum,theemissionsfactorsare0.3and13.5tCO2e,respectively.2Whatwouldbethefinancialcostforcompaniesbetween2022-2030ifrecyclingratesremainconstant?Headlines1.Ifcopper,aluminum,andsteelproducersmaintaincurrentlevelsofrecycledinputsinproduction,theywouldemit36.6billionmetrictonsofCO2e;iftheypaidtooffsetalloftheseemissions,itwouldcost$1.06trillionbetweennowand2030.INPUTSSOURCESCOMMENTARYTotalEmissionsfromMetalProductionCalculatedinBuildingofftheanalysisinStep#1,thiscomponentcalculatestheassociatedfinancialcostofthe36.6billionmetrictonesofCO2eStep#1basecasetotalcarbonemissionsviapurchasingcarbonoffsetcreditsonemissionstradingsystems.IMFTocalculatetheestimatedglobalcarbonprice,themodelassumesthattheglobalaveragecarbonAvg.EstimatedGlobalCarbonPrice,2022-2030pricein2022is$6pertCO2eandwillgrowto$75pertCO2eby2030,accordingtoIMFassumptions$29pertCO2eandprojection.Themodelcalculatestheexpectedannualgrowthrateofglobalaveragecarbonpricetodetermineanestimatebyyear(assumingthepricegrowsconstantly).Themodelfinallyaveragestheestimatedannualaverageglobalpriceofcarbontocalculateasingleestimateof$29pertCO2ebetween2022-2030.Finally,tocalculatetheassociatedcostofthetotalemissionsinStep#1,themodelmultipliestheestimatedaverageglobalcarbonpriceandthetotalCO2eemissionsfigure.3Howmuchemissionswouldtheprivatesectoremitbetween2022-2030ifrecyclingratesincreased?INPUTSSOURCESCOMMENTARY%ofRecycledInputinProductionMixbyMetalLightMetalAge;WorldThisanalysisfollowsthesamelogicasStep#1;exceptinthisanalysis,thepercentageofrecycledVariesbyMetalSteelAssociationinputsbymetalincreaseovertime,ratherthanremainconstant.Tocalculatetheestimatedgrowthrateofthepercentageofrecycledinputsintheproductionprocess,themodelassumesamaximumMaximum%ofRecycledInputinProductionMaterialEconomics;percentageofrecycledinputbymetal.ThisfigurereflectsthemaximumpercentageofmetalVariesbyMetalInternationaldemandthatcanbereachedifallavailablemetalscrapstockweredeployedby2050.Themaximumpercentageofrecycledcopperis50%;themaximumforsteelis80%;andthemaximumforCAGRofProductionbyMetalAluminum;ACSaluminumis60%.ThemodelcalculatestheaverageannualgrowthrateinrecycledinputmixbyVariesbyMetalmetaltoreacheachrespectivemaximumrateby2050,assumingdemandforthemetalsgrowsataHSBCconstantrate.Theannualgrowthrateinrecycledinputsforcopperis5.8%;9.7%forsteel;and6.3%EmissionsFactorbyMetalforaluminum.TheresultinggrowthrateisappliedtoshiftproductionmixeachyearleadinguptoVariesbyMetalMaterialEconomics;2030.TheremaininganalysisisidenticaltotheanalysisconductedinStep#1.CarbonChain4Whatwouldbethefinancialcostforcompaniesbetween2022-2030ifrecyclingratesincreased?INPUTSSOURCESCOMMENTARYTotalEmissionsfromMetalProductionCalculatedinLeveragingthesamemethodologyasStep#2,thisanalysiscalculatestheassociatedcostwiththe34.8billionmetrictonesofCO2eStep#1resultingemissionsfromStep#1.TocalculatetheassociatedcostofthetotalemissionsinStep#3,IMFthemodelmultipliestheestimatedaverageglobalcarbonpriceandthetotalemissionsfigure.Avg.EstimatedGlobalCarbonPrice,2022-2030$29pertCO2e5Byhowmuchcantheprivatesectorreduceemissionsandcostbyincreasingrecyclingrates?Headlines1.Ifcopper,aluminum,andsteelproducersincreasedtheirshareofrecycledinputsonparwith2050goals,itwouldsave1.8billionmetrictonsofCO2e,resultinginmorethan$54.3billioninsavings.INPUTSSOURCESCOMMENTARYTotalEmissionsfromBaseCaseCalculatedinThefinalpieceofthisanalysiscomparesthetotalemissionsandcostfromthebasecasewiththe36.6billionmetrictonesofCO2eStep#1totalemissionsandcostassociatedwithincreasedrecycling.CalculatingthedifferencebetweenTotalCostfromBaseCasetherespectiveinputsyieldsexpectedemissionssavingsandcostsavingsassociatedwithincreasing$1.06trillionCalculatedinrecycledinputmixofcopper,steel,andaluminum.Step#2TotalEmissionsfromIncreasedRecycling34.8billionmetrictonesofCO2eCalculatedinStep#3TotalCostfromIncreasedRecycling$1.01trillionCalculatedinStep#4UnitedNationsGlobalCompactPrivateSectorSDGStocktake163IMPROVEWATEREFFICIENCYIMPROVEWATEREFFICIENCYHowmuchwatermightbesavedinwater-stressed1Howmuchwatermightbesavedinwater-stressedcountriesiffarmersinvestedmoreinmicro-irrigation?countriesiffarmersinvestedmoreinmicro-irrigation–orchangedbehaviortoirrigatefieldsatnight?Headlines1.If20%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterTOPHEADLINESstressandwater-intensivecrops—adoptmicro-irrigationby2030,theagriculturesectorinthesecountriescouldreducetotalwaterwithdrawalby•If20%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia133billioncubicmeters.—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterstress2.If20%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterandwater-intensivecrops—adoptmicro-irrigationby2030,theagriculturesectorinstressandwater-intensivecrops—adoptmicro-irrigationby2030,thesectorcouldreduceglobalwaterwithdrawalsby3%.thesecountriescouldreducetotalwaterwithdrawalby133billioncubicmeters.​3.If20%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagricultureproducingcountrieswithhighwaterstress—adoptmicro-irrigationby2030,thesectorcouldreduceagriculturalsectorwaterwithdrawalsby3.9%.•If50%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia•If20%oftheagriculturesectorinIndiaadoptedmicro-irrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby8%—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterstress•If20%oftheagriculturesectorinPakistanadoptedmicro-irrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby11%andwater-intensivecrops—shiftsfromday-timeirrigationtoovernightirrigationby•If20%oftheagriculturesectorinChinaadoptedmicro-irrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby5.5%2030,theagriculturesectorinthesecountriescouldreducetotalwaterwithdrawal•If20%oftheagriculturesectorinIndonesiaadoptedmicro-irrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby10.5%by72billioncubicmeters.​•If20%oftheagriculturesectorinEthiopiaadoptedmicro-irrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby10%INPUTSSOURCESCOMMENTARYTotalAgricultureWaterWithdrawalFAOThemodelpullstotalhistoricalagriculturalwaterwithdrawaldatafromFAOtoprovideabaselineVariesbyCountryforthisanalysis.TheanalysisfocusesonIndia,Pakistan,China,Indonesia,andEthiopia—fivelargeAWM,ICFA,MedCrave,agriculture-producingcountriesexperiencinghighlevelsofwaterstress.Weassumethatthecurrent%ofSectorUsingMicro-IrrigationTodayTheThirdPoleshareofagricultureconductedviamicro-irrigationtechniquesis5.5%inIndia,0.2%inPakistan,10%VariesbyCountryinChina,1%inIndonesia,and1%inEthiopia.ThemodelcreatesascenarioinwhicheachcountryMIT,Reuters,Ethiopianincreasesitsshareofmicro-irrigationto20%by2030andestimatesfuturewateruse.TheprojectedAverageWaterSavingsfromMicro-IrrigationAgriculturalResearchdecreaseinwateruseiscontingentonresearchsuggestingthatmicro-irrigationuses55%lesswater55%thanconventionalirrigation.Asaresult,ifmicro-irrigationinthefivecountriesreaches20%adoptionInstituteby2030,theywoulduse133.2billioncubicmeterslessofwaterthanifthestatusquocontinues.%ofMicro-IrrigationUseby2030Assumption20%2Howmuchwatermightbesavedinwater-stressedcountriesiffarmerschangedtheirirrigationbehaviors?Headlines1.If50%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterstressandwater-intensivecrops—shiftsfromday-timeirrigationtoovernightirrigationby2030,theagriculturesectorinthesecountriescouldreducetotalwaterwithdrawalby72billioncubicmeters.2.If50%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterstressandwater-intensivecrops—shiftsfromday-timeirrigationtoovernightirrigationby2030,thesectorcouldreduceglobalwaterwithdrawalsby1.5%.If50%oftheagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopia—fiveofthelargestagriculturewater-withdrawingcountrieswithhighwaterstressandwater-intensivecrops—shiftsfromday-timeirrigationtoovernightirrigationby2030,thesectorcouldreducesectorwaterwithdrawalsby2%.•If50%oftheagriculturesectorinIndiashiftsfromday-timeirrigationtoovernightirrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby4%.•If50%oftheagriculturesectorinPakistanshiftsfromday-timeirrigationtoovernightirrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby4%.•If50%oftheagriculturesectorinChinashiftsfromday-timeirrigationtoovernightirrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby4%.•If50%oftheagriculturesectorinIndonesiashiftsfromday-timeirrigationtoovernightirrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby4%.•If50%oftheagriculturesectorinEthiopiashiftsfromday-timeirrigationtoovernightirrigationby2030,thecountrycouldreduceagriculturalsectorwaterwithdrawalsby4%.INPUTSSOURCESCOMMENTARYTotalAgricultureWaterWithdrawalFAOThemodelpullshistoricalagriculturalwithdrawaldatafromtheFAOtoprovideabaselineforthisVariesbyCountryanalysis.Weassumethat96%oftotalagriculturalwaterwithdrawalisattributabletoconventionalMIT,Agrivifloodirrigation.Basedoninternalexpertreviews,weestimatethat90%offloodirrigationis%ofFloodIrrigationUseconductedduringdaylighthours.Daylightfloodirrigationislessefficientthanirrigatingduringthe96%Estimatedeveningbecausetemperaturesduringthedayarehigher,andthusmorewaterislosttoevaporation.Basedonpubliclyavailableliterature,weassumethatovernightirrigationis10%morewaterProportionofDay-TimeIrrigationClemsonExtensionefficientthanday-timeirrigation.Asaresult,weambitiouslymodelpotentialwatersavingsifthe90%Home&GardenagriculturesectorinIndia,Pakistan,China,Indonesia,andEthiopiaincreasesovernightirrigationfrom4%to50%ofconventionalfloodirrigation.EstimatedWaterSavingsofOvernightIrrigationInformationCenter10%Assumption%ofOvernightIrrigationUseby203050%164UnitedNationsGlobalCompactPrivateSectorSDGStocktake165INCREASEINTERNETACCESS1Howmanymorepeoplecouldbeconnectedtotheinternetby2030?INPUTSSOURCESCOMMENTARYINCREASEACCESSTO…CurrentGlobalPopulationSampleTheprojectednumberofinternetusersby2030isdeterminedbyestimatingtheglobalpopulationINTERNET(FIXED&MOBILE)8.0billionEstimatedin2030andthepercentageofthepopulationwithinternetaccessin2030.Projectedpopulationgrowthassumesthesameannualpopulationgrowthratefrom2015-2021willcontinuethroughHowmanymorepeoplecouldbeconnectedtotheinternetbetweenProjectedAnnualPopulationGrowthRateITU2030at1%peryear.Projectedinternetusergrowthassumesthesameannualinternetusernowand2030,andwhatisthepotentialeconomicimpact?​1%growthratefrom2015-2021willcontinuethrough2030at4%peryear.Themodelestimatesthatby2030,therewillbe8.7billionpeopleand8.0billionwillhaveinternetaccess.TOPHEADLINESInternetPenetrationRate(2021)•From2015to2022,anestimated2.3billionpeoplewereconnectedtotheinternet,5.3billion(66%oftheglobalpopulation)generatingmorethan$3.4trillionineconomicoutput.​ProjectedAnnualInternetUserGrowthRateEstimated•Expandinginternetaccessfrom5.3billionto7.4billionpeoplebetween2023and4%2030couldgeneratemorethan$3.2trillionineconomicoutput.2Whatisthepotentialeconomicimpactofincreasingaccesstotheinternet?Headlines1.From2015to2022,anestimated2.3billionpeoplewereconnectedtotheinternet,generatingmorethan$3.4trillionineconomicoutput.2.Expandinginternetaccessfrom5.3billionto7.4billionpeoplebetween2023and2030couldgeneratemorethan$3.2trillionineconomicoutput.INPUTSSOURCESCOMMENTARY%∆inInternetUsersYear-on-YearCalculatedThemodeltakestheimpliedpercentageincreaseininternetaccessfromStep#1tocalculateVariesYear-to-Yeartheassociatedeconomicbenefits.ThepercentageincreaseinGDPassociatedwithincreasedITUinternetaccessisaweightedaverageoftheincreaseinGDPassociatedwithincreasedmobile%↑inGDPduetoIncreasedInternetAccessbroadbandandfixedbroadbandaccess.Moreconcretely,themodelassumesthatforevery10%↑1.4pct.pointinGDPdueto10pct.point↑inincreaseinbroadbandaccess,GDPincreasesby1.4%.InternetAccess166UnitedNationsGlobalCompactPrivateSectorSDGStocktake167INCREASEVACCINEEXPENDITURES1Whatisthepotentialeconomicimpactofcontinuing2015-23vaccinespendingtrendsoutto2030?(COI)Headlines1.Between2015-2022,increasingannualglobalvaccineexpendituresfrom$5.2billionto$6.9billiongeneratedanestimated$939billionineconomicbenefits.2.Between2023-2030,increasingannualglobalvaccineexpendituresfrom$6.9billionto$9.5billioncouldgeneratemorethan$1.3trillionineconomicbenefits.INCREASEACCESSTO…INPUTSSOURCESCOMMENTARYVACCINESCurrentYearVaccineExpendituresWHOThismodelaimstounderstandtheeconomicbenefitsofincreasingvaccineexpendituresbetweenWhatisthepotentialeconomicimpactofcontinuing$6.6billionEstimated2023and2030.Thisfirstanalysisdeploysacost-of-illnesscalculationapproach,whichfocuses2015-23vaccinespendingtrendsoutto2030?Estimatedstrictlyonresourcesthatwereusedoravoidedduetohealthoutcomes.ThefirstinputrequiresProjectedAnnualVaccineSpendGrowthRateprojectingthecumulativevaccineexpendituresbetween2023and2030.AssumingthecompoundTOPHEADLINES4%annualgrowthrateofvaccineexpenditurescontinuesat4%,projectedannualvaccineexpenditures•Between2015-2022,increasingannualglobalvaccineexpendituresfrom$5.2billionwillreach$9.5billionby2030,andcumulativeexpenditureswillbe$66billion.AccordingtoEconomicImpactofEvery$1SpentonVaccinesacademicresearch,every$1spentonvaccinestranslatesto$19.80ofadditionalbenefitviato$6.9billiongeneratedanestimated$939billionineconomicbenefits.​$19.80reducedhealthcarecostsandincreasedworkforceproductivity.Theresultingproductyieldsatotal•Between2023-2030,increasingannualglobalvaccineexpendituresfrom$6.9billioncumulativebenefitof$1.3trillion.to$9.5billioncouldgeneratemorethan$1.3trillionineconomicbenefits.2Whatisthepotentialeconomicimpactofcontinuing2015-23vaccinespendingtrendsoutto2030?(VSL)Headlines1.Between2015-2022,increasingannualglobalvaccineexpendituresfrom$5.2billionto$6.9billiongeneratedanestimated$2.5trillionineconomicbenefits.2.Between2023-2030,increasingannualglobalvaccineexpendituresfrom$6.9billionto$9.5billioncouldgeneratemorethan$3.5trillionineconomicbenefitsINPUTSSOURCESCOMMENTARYCurrentYearVaccineExpendituresWHOThismodelaimstounderstandtheeconomicbenefitsofincreasingvaccineexpendituresbetween$6.6billionEstimated2023and2030.Thissecondanalysisdeploysavalueofstatisticallifecalculationapproach,Estimatedwhichassignsanindividual’swillingnesstopaytoreducetheriskofdeath.ThefirstinputrequiresProjectedAnnualVaccineSpendGrowthRateprojectingthecumulativevaccineexpendituresbetween2023and2030.Assumingthecompound4%annualgrowthrateofvaccineexpenditurescontinuesat4%,projectedannualvaccineexpenditureswillreach$9.5billionby2030,andcumulativeexpenditureswillbe$66billion.AccordingtoEconomicImpactofEvery$1SpentonVaccinesacademicresearch,every$1spentonvaccinestranslatesto$52.20ofadditionalbenefitvia$52.20reducedhealthcarecostsandincreasedworkforceproductivity.Theresultingproductyieldsatotalcumulativebenefitof$1.3trillion.168UnitedNationsGlobalCompactPrivateSectorSDGStocktake169EXPANDMICROFINANCE1Whatisthepotentialeconomicimpactofexpandingmicrofinancelendingbetween2022and2030?Headlines1.Between2015-2022,increasingthetotalgrossmicrofinancelendingportfoliofrom$97billionto$162billiongeneratedanestimated$179billionineconomicbenefitsvianewloanoriginationandsocialreturns.2.Between2023-2030,increasingthetotalgrossmicrofinancelendingportfolioatthesamerateas2015-2022,from$179billionto$360billion,couldgeneratemorethan$544billionineconomicbenefitsvianewloanoriginationandsocialreturns.INCREASEACCESSTO…INPUTSSOURCESCOMMENTARYMICROFINANCE2019MicrofinanceLoanPortfolioSizeWorldBankThismodelaimstounderstandthebenefitsofincreasingmicrofinancelendingbetween2022andWhatisthepotentialeconomicimpactofcontinuing$120billion2030.Thefirstinputrequiresprojectingthegrowthinmicrofinancelendingbetween2022and2030.2015-23microfinancegrowthtrendsoutto2030?YahooAssumingthecompoundannualgrowthrateofmicrofinancelendingcontinuesat10%,projectedProjectedAnnualMicrofinanceGrowthRatetotalgrossloanportfoliosizewillreach$360billionby2030.Accordingtoacademicresearch,every10%EuropeanInvestment$1increaseinmicrofinancelendingtranslatesto$2.80ofadditionalsocialbenefits.ThesocialreturnFundoninvestmentincludesthestockofresourcesavailabletotheMFIs(equityandexternalfundinginSocialROIofEvery↑$1inMicrofinanceLendingthebalancesheet),donations,andvolunteertime,whereapplicabletheresultingproductyieldsa$2.80totalcumulativebenefitof$586billion.Themodelassumesnointerestonloanportfoliogrowth.TOPHEADLINES•Between2015-2022,increasingthetotalgrossmicrofinancelendingportfoliofrom$97billionto$162billiongeneratedanestimated$179billionineconomicbenefitsvianewloanoriginationandsocialreturns.​•Between2023-2030,increasingthetotalgrossmicrofinancelendingportfolioatthesamerateas2015-2022,from$179billionto$360billion,couldgeneratemorethan$544billionineconomicbenefitsvianewloanoriginationandsocialreturns.170UnitedNationsGlobalCompactPrivateSectorSDGStocktake171REFERENCES46WorldEconomicForum(2023)Thesecountrieshavebeenthehardesthitbyfoodpriceinflation.47WorldBank,WhataWaste2.0.1SustainableDevelopmentReport(2023)ImplementingtheSDGStimulus.48UNICEF(2022)SavingliveswithRUTF(ready-to-usetherapeuticfood).2ForceforGood(2022)CapitalasaForceforGood,CapitalismforaSecureandSustainableFuture.49McKinsey(2020)Howtoincentivizefoodsystemstomeettherealitiesofthe21stcentury.3PwC(2017)Sizingtheprize.​50TheSpoon(2021)Alt-ProteinCouldBea$290BMarketby2035.ParityMattersforThatGrowth.4InternationalLabourOrganization,TheILO,theprivatesector,andemploymentpromotion.​51WorldEconomicForum(2022)Howfarminginnovationscanfeedtheworldandprotecttheplanet.5InternationalMonetaryFund(2023)IMFDatamapper.​52FoodandAgricultureOrganizationoftheUnitedNations(2021)Smallfamilyfarmersproduceathirdoftheworld’sfood.6GenerationInvestmentManagement(2021)ListedCompanyEmissions.​53UnitedNations(2023)GlobalSustainableDevelopmentReport2023.7WorldBank(2017)Chart:Globally,70%ofFreshwaterisUsedforAgriculture.​54FoodandAgricultureOrganizationoftheUnitedNations(2021)Smallfamilyfarmersproduceathirdoftheworld’sfood.8ForceforGood(2022)CapitalasaForceforGood,2022Report,Section3.AlltheMoneyintheWorld,AndWhoHasIt.​55NASA(2021)Climateimpactsonglobalagricultureemergeearlierinnewgenerationofclimateandcropmodels.9AfricanDevelopmentReport(2011)Chapter1:TheRoleofthePrivateSectorinAfrica’sEconomicDevelopment.​56SustainableDevelopmentReport(2023)ImplementingtheSDGStimulus.10OpenSecrets(2023)Federallobbyingspendingreaches$4.1billionin2022—thehighestsince2010.​57SustainableDevelopmentReport(2023)ImplementingtheSDGStimulus.11McKinsey(2021)Buildingworkforceskillsatscaletothriveduring—andafter—theCOVID-19crisis.​58SustainableDevelopmentReport(2023)ImplementingtheSDGStimulus.12McKinsey(2016)Startingatthesource:Sustainabilityinsupplychains.​59UnitedNations(2023)SDGProgressReport.13KFWDEG(2020)Privateenterprisesasmajorsourceofgovernmentrevenue.​60UnitedNations(2023)SDGProgressReport.14Impaakt(2022)OurFrameworks.​61UnitedNations(202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althervonSchultzendorff,ESGBook​JenniferBogartRaniaSuidanIsabelVerkes,ESGBook​GrantLurieNadiaZaidiArjunBhargavaLinaAlQaddoumiMeganGalvinMariamGuessous​184Unitingbusinessforabetterworld