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Beyond Voluntary Initiative – SDGs by Business Sector and SDGs for Business Sector

In: Sustainable Development Goals and Pandemic Planning

Author

Listed:
  • Takashi Hongo

    (Mitsui & Co. Global Strategic Studies Institute)

Abstract

SDGs shows value which no one denies, and private companies can contribute to SDGs. Some of 17 goals are easy for companies to work on, while others have limitations for corporate activities. The goal which private sector is most actively contributing through Voluntary Initiatives is Climate Change (SDG 13). Voluntary Initiatives can contribute to the reduction of CO2 emissions, but more important is the support of the adoption of climate change policies. ASEAN faces other social and economic issue, therefore Voluntary Initiatives need to be balanced, and the SDGs can be a useful tool for it. This paper analyses various Voluntary Initiatives and proposes how to improve them under ASEAN+6 cooperation.

Suggested Citation

  • Takashi Hongo, 2022. "Beyond Voluntary Initiative – SDGs by Business Sector and SDGs for Business Sector," Springer Books, in: Venkatachalam Anbumozhi & Kaliappa Kalirajan & Fukunari Kimura (ed.), Sustainable Development Goals and Pandemic Planning, chapter 17, pages 653-689, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-6734-3_17
    DOI: 10.1007/978-981-16-6734-3_17
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    More about this item

    Keywords

    SDGs; Voluntary initiative; Low carbon transition; ASEAN;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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