ICC POLICY STATEMENT

ICC response to the UN Open Consultation on the development of a global indicator framework for the Sustainable Development Goals

Based on existing positions and on content drawn from, inter alia, the Green Economy Roadmap and the Business Charter for Sustainable Development, this document aims to provide input to the development of the global indicator framework for the SDGs. It outlines in particular the importance of indicator development to measure progress and improve disclosure in the implementation of the United Nations Sustainable Development Goals (SDGs).

Indicators to measure progress and improve disclosure will have an indispensable role to play in the implementation of the United Nations Sustainable Development Goals (SDGs) and the achievement of a more sustainable global economy.

With respect to the proposed set of indicators aimed at underpinning the UN SDGs and their related Targets, ICC would like to underscore the following points:

  • The UN SDGs are cross-cutting in nature and often interconnected, which means that measures on one goal will have impact on the outcome of another goal. This point should be carefully reflected in the choice and design of indicators.
  • Indicators should be chosen and designed to monitor progress made in shaping and implementing policy measures aimed at achieving the UN SDGs, rather than only considering end-results in absolute terms.
  • It should be noted that the SDGs are global in scope and apply to broad political and macroeconomic situations, which require the aggregation of a number of micro indicators at the company or organization level.

In addition, ICC would like to emphasize that the selection and design of indicators should:

  • take into account and reflect the cross-cutting nature of innovation and the potential role that inclusive/social innovation and innovation for sustainable growth can play to help achieve the UN SDGs and Targets
  • consider and adequately reflect the importance of creating and maintaining policy environments to support entrepreneurship at all levels (including SMEs and start-up companies) to contribute to sustainable growth
  • adequately reflect that, through adequate policy measures, technology developments supporting sustainable production and efficiency improvements can scale up and allow for better lives for all
  • adopt a holistic approach in the choice of indicators to tackle the SDGs goals and avoid one size-fits-all approaches, to help ensure there are no unintended consequences of one set of indicators on other areas
  • facilitate easy, transparent and affordable reporting.