BETTER BUSINESS BETTER WORLD

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CONTENTS The commissioners The challenge Executive summary The business case for the Global Goals Leading for sustainable development Making the choice 2 6 10 12 15 17 1. Introduction: The Global Goals and why they matter for business 1.1 The Global Goals for Sustainable Development 1.2 The Global Goals need business: business needs the Global Goals 19 22 23 2. Major market opportunities opened up by delivering the Global Goals 2.1 The 60 fastest-growing sustainable market opportunities 2.2 Opportunities by economic system 2.3 Progress on all the Global Goals is needed to deliver all the benefits 2.4 Pricing of externalities would increase the value of market opportunities 2.5 Geographic distribution of opportunities 2.6 The impact on jobs 26 27 30 34 35 38 40 3. Leading for better business and a better world 3.1 Sustainability is already good business 3.2 Innovative businesses are already capturing Global Goals opportunities 3.3 Transforming the way business operates for better business and a better world 3.4 Gaining commitment from CEOs and boards 42 43 44 51 51 4
3.5 Incorporating the Global Goals into business strategy 3.6 Accelerating sectoral shifts to sustainable competition by working with peers 3.7 Shaping public policy 52 55 62 4. Sustainable finance 4.1 Simplifying reporting of environment, social and governance (ESG) performance 4.2 Unlocking infrastructure investment 4.3 Aligning regulation with investment 68 69 73 79 5. Renewing the social contract 5.1 An uncertain outlook for employment 5.2 Providing decent work and more jobs 5.3 Providing training and skills 5.4 Forging a new social contract 5.5 Actions for business 5.6 Actions for governments 5.7 Actions for civil society 82 84 86 88 90 92 95 96 6. Conclusion 6.1 Actions for sustainable business leaders 6.2 Actions for the Commission 97 97 100 References Acknowledgements 104 116 5
Page 1 and 2: BETTER BUSINESS BETTER WORLD The re
Page 3 and 4: THE BUSINESS AND SUSTAINABLE DEVELO
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Page 9 and 10: economic system. But we cannot defe
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Page 13 and 14: towards achieving the Global Goals
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Page 17 and 18: Leading for sustainable development
Page 19 and 20: Rebuilding the social contract requ
Page 21 and 22: 1. INTRODUCTION: THE GLOBAL GOALS A
Page 23 and 24: 2050, up from around US$2 trillion,
Page 25 and 26: However, progress needs to go much,
Page 27 and 28: scaling challengers to fossil fuel
Page 29 and 30: Economic gains from achieving all t
Page 31 and 32: Though this big group of opportunit
Page 33 and 34: • Forest ecosystem services (US$1
Page 35 and 36: investment in solar PV has already
Page 37 and 38: while access to affordable energy w
Page 39 and 40: EXHIBIT 6: Pricing externalities in
Page 41 and 42: EXHIBIT 7: More than half the value
Page 43 and 44: EXHIBIT 8: Almost 380 million jobs
Page 45 and 46: 3.1 Sustainability is already good
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Page 49 and 50: The majority of businesses successf
Page 51 and 52: EXHIBIT 11: Number and valuation of
Page 53 and 54: 3.3 Transforming the way business o
Page 55 and 56: Box 2: Ericsson executives champion
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the company and through its supply
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Many sectors are agreeing “pre-co
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etter while also solving societal p
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use of micro-irrigation techniques;
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EXHIBIT 12: Negative profit margins
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such as mandatory carbon pricing. A
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Photocredit: Flickr/ morganmorgan a
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year. 163 Nearly US$100 trillion is
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The lack of a standardised system f
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strategic alignment with the Global
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amounts of private capital. Specifi
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alignment, is a further innovative
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4.3 Aligning regulation with invest
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governments making the repayments a
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More than half of the Global Goals
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percent, or 200 million people worl
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to the centre of business practice,
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any other (see Section 2.3). Yet 26
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electorates are angry and fearful.
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Unilever promotes health and well-b
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The Commission believes it would be
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6. CONCLUSION This report has prese
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through putting less tax on labour
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such catalytic ideas, which could c
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Photo credit: Hailey Tucker and Gis
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18 United Nations World Commission
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57 International Energy Agency (IEA
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95 Data-Pop Alliance, 2015. Reflect
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139 World Cocao Foundation, 2014. C
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184 IFC, 2009. In a Historic Step,
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227 UN Women, 2016. UN Women Annual
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Lagos Deep Offshore Logistics Base
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Business and Sustainable Developmen
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