Corporate Social Responsibility (CSR) and Sustainable Development Goals (SDGs): intended to understand each other.

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To address this issue, we must first be clear about the concept of Corporate Social Responsibility (CSR) and Sustainable Development Goals (SDGs).

Corporate Social Responsibility (CSR) is defined as the voluntary and active contribution of companies to economic, social and environmental improvement.

The Sustainable Development Goals (SDGs) are the measures adopted by the United Nations in its 2030 Agenda. The document, which includes 17 goals reflected in 169 targets, addresses the three pillars of sustainable development: economic development, social development and environmental development.

The United Nations includes companies in its SDGs as main actors. They know that they play a critical role in developing a more sustainable and inclusive world. And companies also need an enabling environment (away from poverty, inequality or environmental stress) to develop their activity and be able to prosper.

That is why they need to create links. That is why CSR, and the SDGs are meant to understand each other.

CSR and SDGs: Two sides of the same coin

Applying CSR has shown multiple benefits for companies, which are reflected in talent retention, greater productivity, customer and supplier loyalty, improving their credibility and brand image, optimizing energy efficiency, economic savings, etc.

For their part, the SDGs, which seek to eradicate poverty, protect the planet and guarantee prosperity, need this strategic convergence for companies to maximize their positive impact and generate value for society and the environment.

Both CSR and the SDGs are aimed at improving society’s living conditions and quality of life, but we must bear in mind that the SDGs do not have business purposes. That’s why CSR should consider the functioning of your company.

How to align CSR with the SDGs

Aligning CSR with the SDGs requires a strategic approach and commitment from companies. Some points that companies can carry out include:

  • Identify priority SDGs: determine the SDGs on which the company can have the greatest impact.

  • Establish specific goals and objectives: define measurable and achievable goals that contribute to the achievement of these priority SDGs.

  • Integrate the SDGs into business strategy: incorporate the SDGs into strategic planning and decision-making.

  • Collaboration: establish strategic alliances with governments, organizations, and other businesses to maximize impact.

  • Measure and communicate results: Uue recognized indicators and metrics to assess progress and communicate results transparently.

Examples

Companies can carry out specific actions aligned with the SDGs. Some examples could be:

  • Participate in actions against hunger and poverty: donations of products, services to NGOs, collaborations to bring your company to the most vulnerable groups, etc.
  • Participate in measures aimed at gender equality: equality plans, achieve gender parity at all levels of the entity, etc.
  • The integration of sustainable resources: local products, reuse of resources, implementation of renewable energies, etc.

The future of CSR and the SDGs

The future of CSR and the SDGs will be marked by greater integration, innovation, collaboration and commitment of the actors involved. Companies that take a strategic and proactive approach will be better positioned to generate long-term value and contribute to a more sustainable future for society.

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Do you know that…

Did you know that the "1% for the Planet" initiative is a notable example of corporate social responsibility (CSR)? This initiative encourages businesses to commit to donating at least 1% of their annual revenue to nonprofit organizations working to preserve and protect the environment. Founded in 2002 by Yvon Chouinard, founder of Patagonia, and Craig Mathews, owner of Blue Ribbon Flies, 1% for the Planet now has thousands of members worldwide.

This demonstrates how companies can integrate environmental and social goals into their business models while contributing positively to the community and environmental sustainability.

abora, what is it?

Abora Solar, a Spanish manufacturer of hybrid solar panels, is an innovative and visionary company in the field of renewable energies, more specifically in the solar energy sector. Founded in 2017, the Spanish manufacturer has quickly positioned itself as a major player in the development of sustainable and high-performance solar solutions.

At the heart of Abora Solar’s identity is a global approach to solar energy, offering the latest generation hybrid solar panel with the highest performance on the market, while providing a vision that encompasses the entire process, from design to manufacturing, including the monitoring of installations. This allows the company to offer its customers turnkey solutions for projects in industrial, tertiary and residential buildings.

In short, Abora Solar embodies the future of solar energy, combining technological innovation with a deep commitment to the environment, accessibility and the improvement of society. The company is a major player in the energy transition towards a cleaner and more sustainable future.

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