UN SDGs: Blue-washing or Sustainability Drivers?
I am always inspired when attending IFC’s Sustainability Exchanges. At the
It all started well.
In a funny way, the discussions highlighted the interlinkages of the 17 SDGs. Depending on the professional area of focus of the speaker or participant, ecosystems-related SDGs were the most critical, or peace, justice and strong institutions were the fundamental platform for achieving the SDGs.
This felts a bit like coming full circle. It reminded me of my learning about
Back to IFC's SDG session, we also labored over any need for the private sector to apply a materiality approach to the 17 SDGs. Should the private sector focus on issues such as Climate Change or tailor its SDG-related activities to those most valued/rewarded by the financial markets?
As a member and supporter of the International Association for Impact Assessment (
On a more fundamental note, demonstrating alignment with SDGs and other international frameworks for Good International Industry Practice (GIIP), such as the
My three take-aways from the SDG session at the 2018 IFC Sustainability Exchange: Building Resilience, Sparking Creativity are the following:
- SDGs provide a useful tool to demonstrate and report responsibility motives, and projects designed and operated in line with GIIP
- SDGs provide sustainability leaders another tool to differentiate, engage, communicate and defend
- Demonstrating robust SDG linkages can help prevent criticisms of “blue washing” and protect during investor-state disputes
What is your preferred approach to SDGs? Shotgun or scalpel?