Thai CSR Network

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THAIPAT Launchs ‘Corporate SDG Index’ Initiative

Roadmap for Private Sector to Align Businesses around SDGs

26 July 2016 – Thaipat Institute today launches its “Corporate SDG Index” project to enable companies aligning their business conducts in line with the 17 Sustainable Development Goals (SDGs) that have been mutually endorsed by United Nations members.

Thaipat, as a leading advocate working with the business sector in corporate social responsibility in the context of sustainable development since 2005, has now taken up the new ‘Corporate SDG Index’ initiative aimed at encouraging business sector to align their businesses around the SDGs, and engaging companies, of any size and any industry, in being a part of the sustainable development solution, in a systematic and widely-accepted approach.

Dr. Pipat Yodprudtikan, director of Thaipat Institute, says that “Corporate SDG Index will enhance the private sector’s perspective to the new business landscape. By translating SDGs into corporate agenda, business opportunities could be emerged alongside its implementation”.

According to the “SDG Index and Dashboards - Country Profiles” reported by Bertelsmann Stiftung and Sustainable Development Solutions Network (SDSN), Thailand ranks 61st among 149 nations of the overall SDG performance. The report has also pointed out that the three most SDGs among 17 goals Thailand needs to improve are SDG9: Industry, Innovation and Infrastructure; SDG12: Responsible Consumption and Production; and SDG16: Peace, Justice and Strong Institutions.

Underpinning the Thaipat’s Corporate SDG Index initiative, is a SDG business roadmap, which represents a typical journey of SDG implementation in three general stages. Progressing through the stages, the roadmap describes how companies generally move from current (or ‘as-is’) stage aimed at linking and disclosing existing SDG-related business results to more proative (or ‘to-do’) stage aimed at identifying and improving performance gap between current business performance and required performance in addressing SDGs, then to most strategic (or ‘to-be’) stage, where SDGs become an enabling tool for companies in finding business opportunities and creating shared value for business and society at the same time.

However, not all 17 SDGs will be equally relevant for a company. The extent to which a company can contribute to each, and the risks and opportunities they individually represent, will depend on many factors. Company must be able to select SDGs that are relevant to the value creation, significant to implementing necessary changes, and seen as high priorities for organization and its stakeholders.

As a certified training partner of the Global Reporting Initiative (GRI) in the South-East Asian Countries, Thaipat has recommended companies in the current stage linking and disclosing the existing SDG-related business results as the “Enhanced Sustainability Report” based on the GRI Guidelines (see ‘Linking the SDGs and GRI’ for more). By using the existing disclosure channel, companies have less burdensome solution to report on the SDG performance in stead of the separate disclosure.

Companies interesting in pursuing higher stage along the SDG business roadmap can now join the initiative and begin using the Corporate SDG Index to align their businesses around the SDGs accordingly. Further information is available at http://www.sdgindex.com.


For more information, please contact
Khun Onjira Chaibundit
Tel: 02-930-5227 Fax: 02-930-5228
Email: info@thaipat.org



[News Release]