Sustainable Development Goals (SDGs) Quiz

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Questions and Answers

What is one of the ways the SDGs can enhance the value of corporate sustainability?

By internalising externalities and promoting efficient resource use (correct)

By weakening stakeholder relations

By creating a competitive disadvantage

By slowing down policy developments

Why is it important for companies to align their priorities with the SDGs?

To enhance their brand reputation

To reduce their environmental footprint

To strengthen engagement with stakeholders (correct)

To avoid international legal risks

What is the relationship between business success and society?

Business can succeed in failing societies

Business is unrelated to societal conditions

Business can succeed regardless of societal conditions

Business cannot succeed in societies that fail (correct)

What is a benefit of using the SDGs as a common framework?

It helps companies to communicate more consistently and effectively with stakeholders Signup and view all the answers

What is a result of companies not aligning their priorities with the SDGs?

They will experience growing legal and reputational risks Signup and view all the answers

What is a way that investing in the achievement of the SDGs supports business success?

It supports the existence of rules-based markets and transparent financial systems Signup and view all the answers

What is the primary goal of the Sustainable Development Goals (SDGs)?

To end poverty and create a life of dignity and opportunity for all Signup and view all the answers

What is unique about the SDGs compared to the Millennium Development Goals?

They explicitly call on all businesses to apply their creativity and innovation Signup and view all the answers

What is the role of business in achieving the SDGs?

To apply their creativity and innovation to solving sustainable development challenges Signup and view all the answers

What do the SDGs cover?

A wide spectrum of sustainable development topics Signup and view all the answers

What can companies use the SDGs for?

As an overarching framework to shape, steer, communicate, and report their strategies, goals, and activities Signup and view all the answers

What do the SDGs aim to do to global public and private investment flows?

Redirect them towards the challenges they represent Signup and view all the answers

What can companies capitalize on by using the SDGs?

A range of benefits, including identifying future business opportunities Signup and view all the answers

What do the SDGs define?

Global sustainable development priorities and aspirations for 2030 Signup and view all the answers

Study Notes

Sustainable Development Goals (SDGs)

Define global sustainable development priorities and aspirations for 2030
Seek to mobilize global efforts around a common set of goals and targets
Aim to end poverty and create a life of dignity and opportunity for all within the planet's boundaries

Role of Businesses

Explicitly call on all businesses to apply their creativity and innovation to solving sustainable development challenges
Present an opportunity for business-led solutions and technologies to address the world's biggest sustainable development challenges

Benefits of SDGs for Businesses

Help companies identify future business opportunities and growing markets
Enhance the value of corporate sustainability by strengthening economic incentives for companies to use resources more efficiently
Strengthen stakeholder relations and keep pace with policy developments
Stabilize societies and markets by supporting pillars of business success, such as rules-based markets and transparent financial systems
Provide a common language and shared purpose for companies to communicate consistently and effectively with stakeholders about their impact and performance

SDGs and Global Priorities

Cover a wide spectrum of sustainable development topics relevant to companies, including poverty, health, education, climate change, and environmental degradation
Allow leading companies to demonstrate how their business helps advance sustainable development by minimizing negative impacts and maximizing positive impacts on people and the planet

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Description

Test your knowledge on the global sustainable development priorities and aspirations for 2030, aiming to end poverty and create a life of dignity and opportunity for all.