{"id":47781,"date":"2019-12-04T18:34:52","date_gmt":"2019-12-04T16:34:52","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=47781"},"modified":"2019-12-04T18:34:52","modified_gmt":"2019-12-04T16:34:52","slug":"uk-companies-top-the-list-in-commitment-to-un-sustainability-goals","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/uk-companies-top-the-list-in-commitment-to-un-sustainability-goals\/","title":{"rendered":"UK companies top the list in commitment to UN sustainability goals"},"content":{"rendered":"<p style=\"direction: ltr;\">UK companies have the strongest commitment to aligning their operations to UN\u2019s development goals, according to a new study published by global banking and financial institution HSBC.<\/p>\n<p style=\"direction: ltr;\">According to the study, 75% of British businesses feel they have an active role to play and of the 9,100 global companies analysed in the report, 1,000 are UK-based.<\/p>\n<p style=\"direction: ltr;\">Just 58% of Spanish businesses surveyed shared similar sentiments, with identical results from France and the Netherlands. Just 55% of Swedish firms and even fewer in Ireland (53%) feel they have a role to play in aligning to the objectives for\u00a0<a href=\"https:\/\/www.smart-energy.com\/tag\/decarbonisation\/\">decarbonization <\/a>and climate action.<\/p>\n<p style=\"direction: ltr;\">Approximately 38% of the UK participants felt their role in helping deliver the SDGs is \u201csignificant\u201d, compared to 23% of Irish companies, 17% of Spanish and Dutch firms, and just 16% of French and Swedish businesses.<\/p>\n<p style=\"direction: ltr;\">The survey also looked into the motivations for adopting stronger principles around decarbonization, and the results indicated a drive to improve operational efficiency (26%), meet regulatory standards (26%) and gain a reputational advantage (24%).<\/p>\n<p style=\"direction: ltr;\">The most significant sources of external pressure are competitors (32%), government (30%), regulators (30%), whilst and employees or future employees (28%) also helped drive change.<\/p>\n<p style=\"direction: ltr;\">Just under one-third (31%) of businesses stated that investment in technology,\u00a0<a href=\"https:\/\/www.smart-energy.com\/tag\/innovation\/\">innovation\u00a0<\/a>and infrastructure top the priority list, followed by plans to reduce waste generation (29%) and encourage workplace diversity and equality (27%).<\/p>\n<p style=\"direction: ltr;\">As expected, the biggest perceived challenge to adopting more sustainable practices was revealed extra finance, with (28%) saying frustration caused by inconsistent measurement and reporting frameworks is hampering commitment.<\/p>\n<p style=\"direction: ltr;\">Rob King, Head of Sustainable Finance at HSBC UK said: \u201cIt\u2019s encouraging to see that UK businesses are showing leadership to become more\u00a0sustainable\u00a0and make a long term difference to their customers, employees and the local communities in which they operate.<\/p>\n<p style=\"direction: ltr;\">\u201cWe are increasingly seeing businesses incorporate sustainability goals into their strategic objectives and business models as they strive to make a change in the future.\u201d<\/p>\n<p style=\"direction: ltr;\">He added businesses are calling for support and clear guidance on which reporting frameworks to prioritize to deliver on their ambitions and \u201cbridge the gap between sentiment and reality\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK companies have the strongest commitment to aligning their operations to UN\u2019s development goals, according to a new study published by global banking and financial institution HSBC. According to the study, 75% of British businesses feel they have an active role to play and of the 9,100 global companies analysed in the report, 1,000 are [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":47782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,6030],"tags":[7605,6402,6347],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK companies top the list in commitment to UN sustainability goals - Csr Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/uk-companies-top-the-list-in-commitment-to-un-sustainability-goals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK companies top the list in commitment to UN sustainability goals - Csr Egypt\" \/>\n<meta property=\"og:description\" content=\"UK companies have the strongest commitment to aligning their operations to UN\u2019s development goals, according to a new study published by global banking and financial institution HSBC. 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