In recent years, asset management has embraced the Net-Zero paradigm for portfolio construction and the formation of mid- and long-term views. However, delays in climate transition go along with poor achievement of the Sustainable Development Goals (SDGs). With only a few years remaining to reach the objectives set for 2030, this paper aims to examine the SDGs’ framework and question its implementation by companies.
We present a modern, NLP-driven perspective to map the SDGs to the transformations framework, while bringing back to the forefront SDG17, “partnership for the goals”, often brushed away or misinterpreted. In fact, our findings demonstrate that cooperation appears to be lacking for countries from developing countries, that are facing significant financing gaps for SDGs’ completion. In that spirit, we propose a news-based approach to track future corporate progress in collaborating with developing countries.
Key takeaways
- Sustainable Development Goals (SDGs) were adopted by the United Nations (UN) in 2015 to guarantee peace and prosperity for people and the planet. But SDGs targets achievements are not on track to meet 2030’s objectives: currently only 15% of targets have been reached.
- UN Sustainable Development Solutions Network (SDSN) promotes integrated approach to implement the SDGs and in this spirit, proposed the concept of SDG transformations, designing six-inter related long-term transformations, such as zero-carbon energy systems or universal health coverage.
- Using NLP and similarity measures, we map the 17 SDGs goals and targets to these transformations, augmented by a geographical focus to account for developing countries broad financing gap. Such synthetization step was thought by policymakers as a mean to push for broader and faster achievements of the SDGs.
You can now read the full whitepaper at the link below
