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Transformational Business

Transformational Business

Take a look at how Philippine Businesses are contributing to the Sustainable Development Goals

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The single most important attribute of the UN Sustainable Development Goals (SDGs) is universality. Climate scientists have bared that all the SDG's are interconnected and it will take nothing less than the concerted action of all countries to avert the further degradation of our social, economic and environmental situation if we are to have a safe, just and sustainable future.

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Micro, small, and medium enterprises (MSMEs) can be considered as the Philippines' economic backbone. They make up 99.5% of business establishments in the country, provide 63% of employment to the Philippine workforce, and contribute about 40% to the country’s Gross Domestic Product (GDP).

As the number of people acquiring by COVID-19 continues to rise in the Philippines, the country’s economy plunged into a recession as GDP contracted by 16.5% for the second quarter of 2020 and increased in unemployment rate to 10% as of July.

As part of UNDP’s global effort to support countries in designing effective policy and program responses to recover from the crisis, UNDP Philippines launched a rapid response survey to capture the experiences, behavior, and perceptions of MSMEs as they cope, respond, and adapt to the impacts of COVID-19 pandemic.

Given the unprecedented nature of the crisis, the survey was designed in three parts, to be deployed periodically. Results from the surveys aim to inform and guide the government and other development partners in designing interventions that respond to the specific needs of MSMEs in the country.
The Integrity Self-Assessment Tool for Philippine MSMEs

Description
139 initiatives
75 companies
17 SDGs
1 Report

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Speeches

The Better Business, Better World report published earlier this year by the Business and Sustainable Development Commission found that additional value of up to $12 trillion per annum globally can be realized in four economic systems: food and agriculture; cities; energy and materials; and health and well-being. This “SDG dividend” should not be viewed only in terms of potential profit but also the opportunity to deeply integrate sustainable development concerns into core business processes…

We recognize the essential role of the private sector in achieving the UN SDGs and the significance of collaborating with the government and civil society to attain these at scale. As a Filipino business community, we are proud to report the highlights of our contribution to the achievement of the SDGs. We commend the companies that have participated in this maiden inventory and we urgently encourage other companies to do so.

While this publication does not capture the entirety of…