Implementing the Agenda 2030: sustainability standards help business seize opportunities

Sustainability standards help business seize opportunities
Textiles, Nepal © Robin Romano
A new report published by WWF and ISEAL today indicates how businesses can contribute strongly to the 2030 Agenda for Sustainable Development and unlock new market opportunities by using credible voluntary sustainability standards to transform entire sectors and supply chains.

The report, SDGs mean business: How credible standards can help companies deliver the 2030 Agenda” illustrates how such standards - ready-made tools for businesses and supply chain actors - can help accelerate progress on many of the Sustainable Development Goals (SDGs) while delivering direct benefits for companies and small-scale producers. 

“Poverty, inequality, water scarcity, climate change and the loss of biodiversity are significant risks for business and aligning with the SDGs represents an opportunity,” says Richard Holland, Director, Global Conservation Division at WWF International. “While leading companies have already made far-reaching commitments to help address climate change, deforestation and decent work, the majority of business sectors are not yet delivering on their responsibility towards the Agenda 2030.”

Credible, multi-stakeholder standards embody the partnership spirit of the SDGs, bringing together businesses, NGOs, governments and others to work toward common goals that benefit business, people and the planet. They are an important mechanism to help companies reach their targets by scaling-up sustainable practices. Tried and tested on the ground, they can be used at every link in the value chain – enabling producers, harvesters and processors to achieve a recognized level of sustainability, and traders, manufacturers and retailers to address the impacts of their supply chains.

Read the full article on www.standardsimpacts.org