Progress is currently” never quick much.”
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 area is in danger of failing. More ambitious shared actions from all stakeholders is required to meet the UN’s sustainable development goals in 2030.
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 difficult 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.
Around 75 % of Directors in the Asia-Pacific territory claimed to have contributed to the achievement of the targets by implementing conservation techniques in their day-to-day operations. The work, however, are n’t enough, 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 private business needs to set more ambitious goals in order to overcome 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 technologies is a means of limiting the consequences, and they will invest 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, 98 % of CEOs listed inflation and price fluctuations as their top concerns, with 98 % of them citing them as their top concerns.
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 income, water endurance as well as finance and investment.