“The SDGs are an excellent roadmap and their achievement requires the cooperation of governments, the private sector, civil society and citizens to ensure we leave a better planet for future generations”. This was the opinion stated by CEO of the BBVA Microfinance Foundation, Javier M. Flores, at the headquarters of United Nations in New York during the presentation by the Fund for the Goals of the 2030 Agenda of its new report “Universality and the SDGs: Business perspective”.
The report examines some of the key issues facing companies when incorporating and implementing the sustainable development goals within their organizations and presents some case studies of companies and institutions making up the Advisory Group for the Private Sector of the SDG Fund. Case studies that show how the SDGs can be incorporated into the company’s activity, as well as the opportunities these sustainable development projects can create. (See report)
The methodology applied by the BBVA Microfinance Foundation and its group of microfinance banks, Responsible Productive Financing, has been one of the case studies highlighted in the report. This Spanish foundation has granted over 8.3 billion dollars in productive loans to low-income entrepreneurs in Latin America.
The points of view of over one hundred companies from around the world have been included in this report based on global dialog with the private sector. The publication also includes the vision of business leaders and best practices from both large and small companies, since the new development agenda applies to all countries, is the responsibility of all, and not only provides a space for involvement by the private sector, but also requires its active participation to speed up the attainment of these major and ambitious global goals for individuals and our planet.
On November 11, the private sector leaders that will continue to be part of the Advisory Group for the Private Sector of the SDG-F for the 2017-2019 period, including the BBVA Microfinance Foundation, officially signed their renewal at the United Nations headquarters.