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Sustainability Practices

Overview of SDGs

Introduction of Sustainable Development Goals

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In September 2015, the United Nations (UN) published “The 2030 Agenda for Sustainable Development” (The 2030 Agenda).. The 2030 Agenda demonstrates a global framework for tackling poverty, ensuring peace and prosperity for all people and shifting the global economy onto a sustainable path.  The Agenda comprises 17 Sustainable Development Goals (SDGs) with 169 targets, supported by 193 nations, which aims to achieve sustainability in various sectors encompassing climate change, economic inequality, innovation, sustainable consumption, peace and justice and so forth. The SDGs form an inclusive agenda, in which they tackle the root causes of poverty and unite us together to make a positive change for both people and planet [1]

In order to implement the “2030 Agenda for Sustainable Development”, world leaders should act in collaborative partnership to improve the lives and future prospects of mankind. The 2030 Agenda is a plan of action for people, planet and prosperity, The 17 SDGs demonstrate the scale and ambition of this universal agenda. The SDGs work in the spirit of partnership and pragmatism to make the right choices to improve life in a sustainable way for future generations. They illustrate clear guidelines and targets for all countries to adopt in accordance with their own priorities and global environmental challenges [2]

SDGs may seem far to SMEs in Hong Kong, but they account for more than 98% of total business units. SMEs also provide job opportunities to up 1.3 million persons, which contributes to about 45% of the total employment (excluding civil service) [3]. Hence, SMEs can influence sustainable development. Below are the some classic examples of how SDGs have been incorporated into SME’s operation and have positively influenced the society.

[1] http://www.undp.org/content/undp/en/home/sustainable-development-goals.html

[2]  https://sustainabledevelopment.un.org/post2015/transformingourworld

[3] https://www.success.tid.gov.hk/english/aboutus/sme/service_detail_6863.html 

Theme of year - Goal 10: Reduced Inequalities

Theme of year - Goal 13: Climate Action