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The Post-2015 Business Engagement Architecture

A new business engagement architecture presents a major opportunity to leverage sustainability reporting to drive the private sector’s contribution to sustainable development
 

 Architects of a better world

 
At the 2013 UN Global Compact Leaders’ Summit in New York, UN Secretary-General Ban Ki Moon launched an implementation architecture to address the pivotal role of business in helping to make the global vision of sustainable development a reality.
 
GRI, the United Nations Global Compact (UNGC) and the World Business Council for Sustainable Development (WBCSD) came together to affirm plans for mutual collaboration between the three organizations to support and empower business to take action on sustainable development. Each entity brings unique strengths to the partnership – UNGC as a principle-based organization, GRI as an effective reporting standard, and WBCSD as a deep content-based organization.
 
The collaboration is an important strategic step in the Post-2015 Development Agenda. The concept of universally applicable Sustainable Development Goals (SDGs) was first put forward at the Rio+20 Summit in June 2012. While the SDGs are yet to be determined, it will be necessary for all actors, including the private sector, to work toward these goals and to measure and monitor the contribution they make.
 
A key factor will be the need for businesses to demonstrate accountability and transparency by publicly disclosing their sustainability impacts, according to widely accepted guidelines. The GRI Guidelines are an effective tool for businesses to integrate sustainability into their strategies and to regularly assess and articulate their impact on sustainable development.
 
To achieve alignment with key partners, GRI is working with UNGC and WBCSD to develop private sector guidance that will help companies enhance their sustainability management and reporting with a view to global sustainable development goals and targets.
 
The document Building the Post-2015 Business Engagement Architecture, published by UNGC, in cooperation with GRI and WBCSD, can be accessed here.