News / #SDGs
Kuala Selat village lies on the coast of Indragiri Hilir district on the Indonesian island of Sumatra. In the first half of the year, residents of the village arrange buckets and drums to collect rainwater to meet their daily needs. They will then stockpile water to last through the dry months from June to September, but a longer dry spell has led to an acute shortage of water.
The Asia Pacific region lags significantly on all 17 SDGs, with setbacks in climate action and clean energy, amid UN struggles to motivate national governments.
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There are few to no companies immune to climate risks today. This is forcing organisations to rethink business plans to weather climate-related shocks. Early action and a future-focused corporate purpose could spare enterprises from the worst that lies ahead.
Asia’s sustainability heads foresee some relief from reporting burdens this year, but articulating the financial value of social, biodiversity and climate-related impacts, engaging suppliers and staying ahead of regulations will keep them busy.
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