Supporting the Sustainable Development Goals Global Goals Shared

Supporting the Sustainable Development Goals Global Goals, Shared Ambitions BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

What are the Global Goals? BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

What are the challenges? • Business has a vital role to play. They will be the engines of change however they will also have to change themselves to survive. • Delivering the goals will depend on collaboration and co-creation across the global economy. Individual nations must therefore be prepared to pool national interests to recognise the global public interest and act together with business and civil society to succeed. • We must all be prepared to deliver the bad news as well as the good concerning progress on the goals in the public domain. Rather than only celebrating success we must be prepared to learn from our mistakes and adapt. BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

So what’s the role of the profession? BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

The role of the accountancy profession The accountancy profession has a presence across all sectors of business and public life and has a responsibility in achieving the 169 targets of the Goals by enabling them to be measured and trusted ICAEW passionately believes that the profession must step up to this responsibility to serve the public interest, demonstrate its relevance and ensure that real change happens BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

The role of the accountancy profession There are four main reasons for being confident the profession can do this: 1. We have a history of coming together to serve the public interest by creating public goods in the form of common bases of measurement, reporting and assurance 2. The profession has a substantial role to play in aligning private and public sector accounting and national income accounting 3. The profession is at the forefront of applying new technology, which will play a vital role in achieving the Goals 4. The profession has a distinguished record of building strong local institutions and they will be necessary to the achievement of the Goals BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

How do we know we’re on to something? BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

The Natural Capital Coalition Vision: A world where business conserves and enhances natural capital. Mission: • To bring together the many approaches to natural capital under one vision, sharing and promoting best practice; • To build the business case for integrating natural capital into decision making; • To develop, test and encourage the use of a standardized Natural Capital Protocol and sector guides; • To support a shift in corporate behavior to enhance rather than deplete natural capital; • To support the evolution of an enabling policy environment and access to reliable data. BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

8. 4 – Improve progressively, through 2030, global resource efficiency in consumption and production and endeavor to decouple economic growth from environmental degradation, in accordance with the 10 -Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead. 12. 2 - By 2030, achieve the sustainable management and efficient use of natural resources. 12. 6 - Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle. 13. 1 - Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. 13. 3 - Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning. 14. 2 - By 2020, sustainably manage and protect marine and coastal ecosystems to avoid significant adverse impacts, including by strengthening their resilience, and take action for their restoration in order to achieve healthy and productive oceans. 15. 5 - Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity and, by 2020, protect and prevent the extinction of threatened species. 15. a - Mobilize and significantly increase financial resources from all sources to conserve and sustainably use biodiversity and ecosystems. BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals

Our ambition is to build partnerships, to work collaboratively, to galvanise every business by reaching every chartered accountant BUSINESS WITH CONFIDENCE © ICAEW 2016 icaew. com/globalgoals