Since their launch, the commitments and targets that comprise the SDGs have come to represent a global call to action for stakeholders in all countries to address some of the greatest barriers to sustainable development facing society. As the role business must play in helping to achieve the SDGs has become clearer, the goals have developed into an increasingly important tool for assessing the impacts of companies on society more comprehensively as we jointly work together towards a shared vision. However, we still see room for improvement. Companies are learning and developing their approaches as they work to translate the goals – which were originally intended to support countries’ sustainable development – into tangible business activities. In order to develop such approaches, we would like to see all stakeholders – from both the private and public sector – coming together to develop comprehensive strategies for the SDGs.
Allianz is evaluating options on how to assess its impacts on the SDGs and conducted pilot analyses in 2019. These results show that we contribute in particular to SDGs 1 (No Poverty), 3 (Good Health and Well-being), 8 (Decent Work and Economic Growth) and 13 (Climate Action).