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What are Sustainable Development Goals

Sustainable Development Goals (SDGs) are a universal movement to end poverty, protect the climate, and ensure that all people enjoy peace and prosperity. The United Nations member states adopted the 2030 Agenda for Sustainability Development to provide for a better and sustainable future for all.There are 17 Goals in all, the scope of which is to address climate change, economic inequality, health provisioning, quality education, gender equality, clean water & sanitation, decent work & economic growth, sustainable cities & communities and other matters related to building & sustaining a prosperous, peaceful, and environmentally

friendly world. The SDGs provide clear guidelines and targets for all countries to adopt in accordance with their own challenges and requirements.

What is Pakistan’s SDGs
National Framework

Pakistan was one of the first countries to endorse the Sustainable Development Goals in 2015. On 16th February 2016, the Parliament of Pakistan unanimously approved the SDGs as the national development agenda. The Planning Commission, Ministry of Planning, Development & Reform, Government of Pakistan, has developed a national framework for the SDGs. The proposed National Framework and its prioritised goals with targets for 2030 are available here

Why It Makes Sense for Listed Companies to Report on SDGs

Reporting on SDGSs helps the listed companies to:

Bolster the company’s financial performance
Access new capital
Establish new business oppurtunities and markets
Align with the priorities of the Government of Pakistan
Mitigate business risks by addressing empirical risks
Attract new customers by building brand image
Increase loyalty base of its customers due to better brand reputation
Compete for the PSX Top 25 Companies Awards

What are the Minimum Goals & Indicators outlined for listed companies

There are minimum 6 Goals & 32 Indicators outlined for listed companies. The minimum SDGs are:

The detailed minimum SDGs and their Indicators are available here

How to Report on the SDGs

Structure your report in atleast two sections:

Overview: Share a table (sample given below) to summarize your performance target, measurement indicator, status and business action

National SDG Target	Company Performance Target	Performance Indicator	Status (2018)	Status (2019)	Business Action	Future Business Action	Corresponding UNGC
National SDG Target	Target needs to be SMART and aligned with the company's sustainability ambitions	Explain how the company's performance target be measured			Illustrate with examples to support the status description	Actions that will continue to aid the performance target	If applicable
Gender Equality
Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life	By 2030, atleast 30% of Company's BoD members will be women	% of board seats held by women	0%	28%	Two female board members joined the company in FY 2019. As of June 2019, 2 out of 7 (28%) of Company's BoD are women. Refer to section I.2 for details.	The company will continue to recruit and provide accomplished women with leadership roles in its organization, as it believes that gender balance leads to better and well rounded corporate performance.	Principle 6: The elimination of discrimination in respect to employment and occupation.
	By 2030, atleast 30% of managerial positions at the Company will be held by women;	% of managerial positions held by women	20%	20%	While new staff took up managerial positions in FY19, the gender disaggregation of male and female staff within managerial position did not change between June 2018 and June 2019. Refer to section 1.3 for more details on this indicator.	Refer to section 1.3 for more details

Details: Reflect and explain the target, indicator and progress to-date.
- Explain the details behind the numbers
- Business case for reporting
- Elaborate how you set your target
- Demonstrate how you measured the indicator (formula & calculation) and report on it
- Highlight the key business actions and initiatives taken by your company on the indicator, particularly in the last 12 months to-date
- Outline your plans for the future to meet the set targets
- Demonstrate alignment with related platforms (such as UNGC etc)

Pakistan Stock Exchange – UNDP Joint Workshops on Minimum SDG Reporting

Pakistan Stock Exchange in collaboration with United Nations Development Programme held workshops on minimum reporting on Sustainable Development Goals (SDGs) in Karachi, Lahore and Islamabad. These workshops were held to introduce the UNDP Sustainable Development Goals 2030 to all listed companies. The objective of the workshops was to create awareness, provide training and facilitation amongst listed companies on achieving and reporting the SDGs and their Indicators. The importance of SDGs reporting as a viable business case was highlighted to the participants of the workshops.