CFO Action on Corporate Investment and Finance for Sustainable Development - Position Paper
At the midpoint of the 2030 Agenda, UN Global Compact released the CFO Action on Corporate Investment and Finance for Sustainable Development Position Paper in June 2023. To reach the Sustainable Development Goals (SDGs) by 2030, more organisations must adopt a principles-based approach to sustainable development by aligning their operations to the UN Global Compact.
This Position Paper calls on the 18,000+ UN Global Compact participants to follow through on their sustainability pledges by taking concrete steps to fund their sustainability objectives and targets.
The paper provides guidance to CFOs on the urgency of dedicating investments and resources to realise the SDGs. It presents the comprehensive programme of the UN Global Compact to accelerate SDG-aligned corporate investment and finance, anchored in the global call to action to align investment and finance to the SDGs and following the example of the CFO Coalition. It explains the role of corporate investment and finance in sustainable development, looking at the massive investments needed to transition entire industrial sectors to a net-zero and circular economy. Whilst also looking at the role of companies in financing and promoting an orderly and just sustainability transition in less developed countries. Download the position paper below.