What is a management system for SDGs?
A management system for SDGs is an internal system whereby an organisation defines and establishes a sustainable development strategy, clear criteria for selecting relevant SDGs, and relevant measure, monitoring activities, follow-up, and improvement to ensure proper deployment and performance improvement.
Why is this important?
This management system standard (MSS) will provide an integrated, holistic framework for an organisation’s ability to define and deliver according to a sustainable strategy based on the SDGs, and thereby create the foundation for transparent and fact based non-financial SDG- and ESG-reporting.
If deployed by a significant share of organisations already certified or complying to an existing management system standard, it will have a huge impact on contribution to the SDGs worldwide.
Start-ups, SMEs and rapidly growing organizations and companies might see this MSS as an opportunity to differentiate themselves and use this as a guidance document for their first management system to be deployed as this standard is meant to respond to the current SDGs as well as future SDGs, which are expected to be further developed beyond 2030.
Consistent with the SDG policy of the organisation, the intended outcome and benefits of an SDG management system for the organisation are the following:
- Facilitating opportunities to enhance stakeholder satisfaction
- Enhancing the opportunity to become a preferred partner
- Increasing credibility, enhancing the chance for getting e.g. better external financing
- Addressing risks and opportunities associated with its context and objectives
- Avoiding SDG-washing
- Enhancing confidence
- Enhancing the organisation’s performance
- Fulfilling compliance obligation
- Achieving selected SDG objectives
- Increasing success
- Creating trust and confidence to relevant existing and future stakeholders