How can businesses measure their impact on the SDGs?
Businesses can measure their impact on the SDGs by using frameworks like the SDG Compass, which helps align strategies with the goals.
What specific metrics should companies focus on?
Companies should focus on metrics related to environmental sustainability, social equity, and economic growth, such as carbon emissions and community engagement.
Are there any tools available for this measurement?
Yes, tools like the Global Reporting Initiative (GRI) and the UN Global Compact provide guidelines and metrics for measuring SDG impact.
How often should businesses report their progress?
It's recommended that businesses report their progress annually to ensure transparency and accountability.
Can small businesses also measure their impact?
Absolutely! Small businesses can use simplified tools and frameworks to measure their impact on the SDGs, tailored to their scale.
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