News Release: Next steps agreed to more sustainable business in Australia

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NEXT STEPS AGREED TO FOR MORE SUSTAINABLE BUSINESS IN AUSTRALIA

Australia’s peak body for sustainable business, Sustainable Business Australia, has welcomed the communique by the world’s leading business organisations on sustainable development, saying Australian business must now move to incorporate the Sustainable Development Goals into business-as-usual. 

In New York this week at the United Nations High Level Political Forum on Sustainable Development, more than 1,000 participants representing business, government and civil society came together to report on significant achievements and commitments undertaken by business and emphasise private sector efforts to catalyse sustainable growth and development.

The Sustainable Development Goals (SDG) Business Forum ended with the publication of a business communique issued by the leading business organizations that organized the event. The statement highlights business support for the SDGs as a framework of universally applicable goals to tackle the world’s most pressing social, economic, and environmental challenges in the lead-up to 2030 and beyond and calls on the UN system and its member states to foster further collaboration in putting the appropriate political incentives and frameworks in place.

Sustainable Business Australia is a Global Network Partner of the World Business Council on Sustainable Development, a leading business participant in the New York event.

SBA Chief Executive Andrew Petersen said the organisation would now encourage Australian businesses to adopt the principles of the communique.

“Australian business is highly engaged on sustainability. However, with the rapidly changing needs of the planet, consumers, workforces, government and communities when it comes to sustainable development, business must constantly revaluate strategy,” Mr Petersen said.

“Countries have, through this unique United Nations platform, set the agenda with the Sustainable Development Goals and best practise globally is rapidly becoming the incorporation of these into corporate philosophy, policy, planning and practises.

“The opportunity for strong sustainable balanced and inclusive prosperity and the elimination of poverty in all its forms, through the implementation of the Sustainable Development Goals, only be achieved in Australia with hard collaborative work by government and business at all levels.

“While there’s high level knowledge and support for the goals, we need to move that support from the multi-national boardrooms to regional and national operations.

“We have to make the Sustainable Development Goals business as usual in Australia. That’s the challenge for Australian business and government. It is a challenge both have to accept as the planet is demanding it and people are becoming increasingly concerned about our long-term future.

“This concern is translating itself into greater consumer and shareholder activism and changing behaviour and preferences at the point of sale. Australia incorporating the goals into business as usual will help drive sustainable competitive advantage,” Mr Petersen said.

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