The UN Sustainable Development Goals, as well as UN climate and biodiversity agreements have created enormous opportunities for businesses willing to put sustainability at the heart of their operations. Putting sustainability first not only enables business to drive the transition to a better and more just world, it makes plain business sense.
According to recent studies, sustainable business models could open economic opportunities worth at least US$12 trillion—creating up to 380 million jobs per year until 2030. But research has also shown that many companies, particularly small- and medium-sized enterprises, face challenges to integrate sustainability considerations into their operations and core business practices.
While many businesses are already playing a leading role in promoting sustainable development, there is still some way to go in fully engaging the global business community in the 2030 challenge.
Delivering fully on the promise of a more sustainable and prosperous future for all requires the right policies and incentives, effective tools and, most importantly a collaborative effort to enable the transformation of business practices towards sustainability more broadly—including within the small business sector.
ICC continues to play a key role in contributing to international policymaking and leading international debate on the development of coherent policy frameworks, solutions and tools that enable and scale enhanced ambition and action and facilitate the transition to a sustainable, net-zero emissions and nature positive economy. This also includes helping to build an understanding within the SME community of the long-term commercial benefits of sustainable business practices.
How climate change affects children
exposed to water scarcity
exposed to high heatwave frequency
Impact of investing in climate adaptation and resilience
decrease of people in need of international humanitarian assistance as a result of climate-related disasters
investment in early-warning systems to US$16 billion per year in damages