Progress is currently” never quick enough.”
PUBLISHED: 15 Mar 2024 at 05: 00
The UN Global Compact’s Outreach & Engagement captain, Sue Allchurch, warned that the effort to create a healthier world society is in danger of failing. More optimistic collective action from all partners is required to accomplish the UN’s 2030 objectives.
Ms. Allchurch said in a statement to the media during a trip to Thailand that while the world has acknowledged the value of sustainable development, progress toward achieving the goals is no quick enough.
There are many barriers towards achieving the goals, including political instability, financial problems, and the effects of the pandemic and climate change, she said.
She said,” The business market is presently facing an unprecedented number of unusual global challenges that have never occurred before,” noting that the issues are much more complicated in nature than they have previously.
According to Ms. Allchurch, citing a survey conducted by the UN Global Compact, 98 % of corporate executives global concurred that the UN’s sustainable development goals have given them a renewed target.
By implementing conservation techniques in their main businesses, roughly 75 % of CEOs in the Asia-Pacific territory claimed to have contributed to achieving the goals. The work, however, are n’t much, she said. According to the study, 85 % of businesses worldwide are not on record to meet the objectives.
Only 39 % of the companies that have set goals that are in line with what the world needs, according to Ms Allchurch, out of the 91 % of those who have committed to sustainable development goals.
She claimed that the secret business needs to set more ambitious goals in order to address the obstacles to achieving sustainable development goals and raise public awareness.
” We are convinced that the secret business will start to make significant changes.” They have come to an agreement that the technology is a way to reduce the consequences, and they will spend in it, she continued.
The United Nations Global Compact last month released a CEO Sustainable Development Report that gathered major executive views on conservation, based on the 2030 SDGs plan, participated by 2, 600 Executives from 128 places.
According to the report, CEOs ‘ top concerns are inflation and price fluctuations, with 98 % of them citing it as their top concern.
Climate change ranked third among the fears, with 93 % of the Directors listing it as a problem.
The UN Global Compact is now focusing on five key areas of green growth, particularly gender equality, climate action, living pay, water endurance as well as finance and investment.