The global goals need a business, as well as people, agenda
Summary
The author contends that the UN's 2030 agenda for sustainable development, which aims to end poverty and protect the environment, requires a 'Private Sector' pillar to complement the existing five pillars. The text identifies three key areas where businesses can drive impact: empowering women to unlock economic value, transitioning to sustainable natural resource use and renewable energy, and promoting inclusive growth to ensure shared prosperity and reduce global volatility.
Key insights
- The author proposes that the 'Private Sector' should be added as a 'sixth P' to the 2030 agenda's five pillars (People, Planet, Prosperity, Peace, and Partnership) because governments and multilateral organisations cannot solve global problems alone.
- Gender inequality in corporate leadership persists despite the business case for female participation; women make up only 5% of CEOs and 17% of board members in Fortune 500 companies, and there are only five female CEOs in the UK's FTSE 100.
- There is a significant shift toward renewable energy, with over 164 countries adopting targets compared to 43 in 2005, and the sustainability sector could represent annual business opportunities between US$3 trillion and US$10 trillion by 2050.
Cite the original document
- APA
- Jafar, B. (2015). The global goals need a business, as well as people, agenda. World Economic Forum. https://www.weforum.org/stories/economic-growth/global-goals-need-business-people-agenda/
- Chicago
- Jafar, Badr. The global goals need a business, as well as people, agenda. World Economic Forum, 2015. https://www.weforum.org/stories/economic-growth/global-goals-need-business-people-agenda/.
- Wikipedia
- {{cite press release |last1=Jafar |first1=Badr |title=The global goals need a business, as well as people, agenda |publisher=World Economic Forum |date=18 September 2015 |url=https://www.weforum.org/stories/economic-growth/global-goals-need-business-people-agenda/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{jafar2015global, author = {Jafar, Badr}, title = {{The global goals need a business, as well as people, agenda}}, publisher = {World Economic Forum}, year = {2015}, month = sep, url = {https://www.weforum.org/stories/economic-growth/global-goals-need-business-people-agenda/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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