United NationsDepartment of Economic and Social Affairs Sustainable Development

SDGs Business Index (SDGBI)

The Association for Supporting the SDGs for the UN (ASD) (
Non-governmental organization (NGO)
)
#SDGAction33580
    Description
    Intro

    The Association for Supporting the SDGs for the UN (ASD) is an international non-governmental organization established in 2011 as a special consultative status with Economic and Social Council (ECOSOC). ASD is committed to build networks on SDGs (Sustainable Development Goals) implementation among the government, the National Assembly of the Republic of Korea and the major global corporations. We annually publish the Sustainable Development Goal Business Index (SDGBI) of approximately 2000 major corporations. In particular, the index is closely used to analyze the environmental, social, and economic sectors of the enterprises and promotes them to create concrete strategies for achieving the SDGs.

    Implementation of the Project/Activity

    The SDGBI is the world’s first Index ranked based on the review of SDGs-based. Corporate Sustainability Analysis Index for global corporations submitted as a written statement (E/2019/NGO/91) at the High-Level Segment(HLS) of the 2019 HLPF. Since 2016, the ASD has been announcing the SDGBI. The ASD promotes the “Sustainable Development Goals” on the next-generation global project for humanitarian development, developing capability, and fostering this issue in cooperation with enterprises, government, main social leaders, and congressmen. With the launch of the SDGs as a UN-led development agenda in 2015, the biggest challenge in implementing the SDGs is its difficulty to raise funds. For example, about $ 3.3 trillion to $ 4.5 trillion of an annual budget is required to fully implement the SDGs. However, the SDGs budget promised by each country is often rejected by the National Assembly in many countries. The reason is that the budgets for the SDGs implementation have a lower priority than the budgets needed for an internal situation in the countries. This is why the participation of corporations that directly influence the regions, classes, and gender in the financial aspect is essential. Corporations build infrastructures around the world to produce and distribute goods and services, which make an impact on both mankind and the global environment. In order for the corporates to participate in the SDGs, an accurate analysis is first required to determine how the corporation will participate in accordance with the characteristics of each entity.

    Results/Outputs/Impacts

    Currently, ASD has collaborated with 50 leading global enterprises in 17 different countries as partners and have conducted more than 20 campaigns related to housing, the movement of population, financial responsible investment, women, children, poverty, urban slumming, water and sanitation, green environment, livestock and agriculture, fashion, health, fine dust, and more. Also, conducted $3.78 billion scaled SDGs projects with 50 member corporations (the scale of the SDGs projects that were conducted in collaboration with member corporations and the ASD for 7 years ‘$3.78 billion’ equivalent to 151st top GDP in the world). Through the SDGs network, ASD cooperates in various ways with major global leaders around the world to articulate actions by different stakeholders and to create synergies in society.

    Enabling factors and constraints

    Since SDGs were established at the UN in 2015, civil society and the government have understood and participated in this common goal of the global community. However, companies and industries are still not fully involved in the implementation of spreading the SDGs in their industries. While SDGs are likely to have more public-interest goals, the private sector focuses on making more profits. The SDGBI represents that the role of corporations is significantly important to deal with global issues. The association encourages many companies in various sectors to proactively respond to climate change, ethical issues, and social inequality.

    Sustainability and replicability

    ASD creates a sustainable chain by bringing companies together, national assembly and the media. If a company participates in a good sustainable model, it certifies and deals with its importance. When it becomes public, the National Assembly promotes the law and allows the entire society to establish a sustainable system. ASD has been actively introduced to various committees of the United Nations as an economic and social consultative body. In other words, the association guides the way to get engagements with multi-stakeholders including companies, the media, and the National Assembly. We represent a sustainable model to the United Nations.

    Other sources of information

    •Research and training institute of the SDG Help Desk by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) https://sdghelpdesk.unescap.org/institutes/association-supporting-sdgs-un •UN SDGBI (UN Sustainable Development Goal Business Index) https://drive.google.com/file/d/1ma1RvGMawOExF_aVEjQQDpFkrGmNs1XJ/view •GRP (Guidelines for Reducing Plastic Waste & Sustainable Ocean and Climate Action Acceleration) https://drive.google.com/file/d/1GhyP6e0LjSNHAX11d22QFt8OJHFqkVxB/view •The Ocean Conference | Guidelines for Reducing Plastic Waste (GRP) & Global partnership https://oceanconference.un.org/commitments/?id=34957 •‘Global Sustainable Leaders 100’ & ‘Global Sustainable Brands 100’ http://asdun.org/?page_id=3103 •Accepted Written Statements ◇ The 51st Session of the United Nations Commission on Population and Development – 2018.4. ESG-SDGs Mapping Model of the most competitive steelmaker corporation ‘POSCO’ (Revenue $57.6 billion) [Written Statement E/CN.9/2018/NGO/6] https://drive.google.com/file/d/19GWbKhCrQPTPQ0BzPjyqrOvA8vmdvSIn/view ◇ The 52nd Session of the United Nations Commission on Population and Development – 2019.4. ESG-SDGs Mapping Model of the most innovative telecommunication corporation ‘KT Corporation’ (Revenue $21.8 billion) [Written Statement E/CN.9/2019/NGO/7] https://drive.google.com/file/d/19GWbKhCrQPTPQ0BzPjyqrOvA8vmdvSIn/view ◇ The 64th Session of the United Nations Commission on the Status of Women – 2020.3. ESG-SDGs Mapping Model of Asia’s largest department store company ‘Hyundai Department Store’ (Revenue $15.1 billion) [Written Statement E/CN.6/2020/NGO/139] https://drive.google.com/file/d/144ZYFEn0rO3LLJfrH6Mw4fzqGgtT209w/view ◇ The 54st Session of the United Nations Commission on Population and Development – 2021.4. ESG-SDGs Mapping Model of the global leading food culture company ‘CJ CheilJedang’ (Revenue $20 billion) [Written Statement E/CN.9/2021/NGO/13] https://drive.google.com/file/d/10qWQ2INELWqH7hf2L544Fwd5Dy0zitIu/view ◇ The 59th Session of the United Nations Commission for Social Development - 2021.2. [Written Statement E/CN.5/2021/NGO/25] https://drive.google.com/file/d/1EzA0cf-AHO21jECa1-E9kpmBkDv8TEHM/view •The results of our successful activities were officially encouraged and congratulated by the high-level UN officials. The association’s achievements have been continuously recognized and shared by the UN. Notably, H.E. Ms. Amina J. Mohammed, Deputy Secretary-General of the United Nations: [11 September 2017] Official Letter from Amina J. Mohammed https://drive.google.com/file/d/1qb68OfjakQE3JAbFrocZ-rg8L29u06uH/view H.E. Mr. Tijjani Muhammad-Bande, President of the 74th session of the United Nations General Assembly had encouraged the association via official letter in September 2017 and July 2020: [7 July 2020] Official Letter from Tijjani Muhammed-Bande https://drive.google.com/file/d/177zlcV-8rSRj7VQac6wa-mz6p951SAAY/view

    COVID-19 Impact

    As COVID-19 sweeps across the world, local, national and global economies are being negatively impacted by the unpredictable crisis of this pandemic. From March to May of 2020, ASD had donated N95 masks to the UNESCAP when COVID-19 was the most prevalent. During this time, international shipping was close to impossible due to closed border restrictions. Nevertheless, the association had been producing and supplying N95 masks with partnered Multi-National Companies (MNCs), and donated 30,000 masks to the United Nations Economic and Social Commission for Asia and the Pacific, and over 30,000 to nations in the Asia Pacific region. With this achievement, the association was designated as a Business Partner for donation by the United Nations Economic and Social Commission for Asia and the Pacific in June. It strengthens the means of implementation and revitalizes the global partnership for sustainable development during the unexpected crisis.

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    Timeline
    10 October 2016 (start date)
    14 October 2030 (date of completion)
    Entity
    Department of Sustainable Development
    Ongoing
    No
    SDGs
    Other beneficiaries

    ASD is establishing partnerships with the media, enterprises, and the civil society, conducting diverse campaigns to resolve such environmental issues. Also, ASD runs the project with corporations to implement SDGs. In particular, the role of the private sector, especially multinational corporations (MNCs) is extremely vital. KT-MEG, the world’s first integrated energy management platform based on 5G, is used in new renewable energy and electronic vehicle (EV) charging and makes an important contribution in reducing carbon emission. Led by KT, 5G has a possibility to serve as a good model for telecommunication businesses around the world in reducing greenhouse gas emission. 90 percent of greenhouse gas emission from telecommunication providers is from their network equipment, and investments in 5G equipment brig a big change to this environment.

    More information
    Countries
    Republic of Korea
    Republic of Korea
    Contact Information

    Junghoon, Sustainable Development Goals Business Index (SDGBI) by the Association for Supporting the SDGs for the UN (ASD)