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When it comes to Sustainable Development Goals, India ranks quite low in the index. Out of 149 countries, India ranked at 110th spot as per a new index.<br />
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Sweden topped the Sustainable Development Goals.<br />
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The index was launched by the Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung.<br />
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The index collected available data for 149 countries to assess where each country stands in 2016 with regard to achieving the SDGs.<br />
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It ranks countries based on their performance across the 17 global goals, a set of ambitious objectives across the three dimensions of sustainable development - economic development, social inclusion and environmental sustainability, underpinned by good governance.<br />
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The index helps countries identify priorities for early actions and shows that every country faces major challenges in achieving the SDGs.<br />
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"The Sustainable Development Goals are stretch goals, but they are within reach if countries work towards them with clarity and determination. The SDG Index and Dashboard can help each country to chart out a practical path for achieving the Goals," said SDSN Director Jeffrey Sachs.<br />
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The countries which are closest to fulfilling the goals are not the biggest economies but comparably small, developed countries.<br />
Sweden tops the chart and is followed by Denmark and Norway on the top three performing countries.<br />
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Germany (6) and the UK(10) are the only G7 countries to be found among the top ten performers. The US ranks 25th on the index, while Russia and China rank 47th and 76th respectively.<br />
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India ranks 110th on the list followed by Lesotho on 113th position, Pakistan (115), Myanmar (117), Bangladesh (118) and Afghanistan (139).<br /> Poor and <keyword id="54124" type="PERSON" weightage="20" keywordseo="developing-countries">developing countries</keyword> understandably score lowest on the SDG Index as they often have comparably little resources at their disposal.<br />
The Central African Republic and Liberia are at the bottom of the Index and still have the longest way to go in achieving the SDGs.<br />
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A year after world leaders adopted the SDGs, the new index shows that all countries face major challenges in achieving these ambitious goals by 2030.<br />
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No country has achieved the SDGs and even top Sweden scores "red" on several goals.<br />
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The report shows how leaders can deliver on their promise and urges countries not to lose the momentum for important reforms.<br />
In order to achieve the ambitious goals, immediate and comprehensive action is needed in the crucial first years of implementation of the new global agenda, it noted.<br />
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The report highlights major challenges per region: Organisation for Economic Co-operation and Development (OECD) countries struggle to meet the goals on inequality, sustainable consumption, climate change and ecosystems, while many developing countries face major difficulties in providing basic social services and infrastructure access to their populations.<br />
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East and South Asia outperform many other developing regions but unmet challenges persist in health and education.<br />
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For Latin America and the Caribbean, high levels of inequality are among the most pressing issues.<br />
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In spite of significant progress in recent years in Sub-Saharan Africa, the world's poorest region faces major challenges across almost all SDGs, with extreme poverty, hunger and health as major areas where substantial improvement is needed.<br />

Out of 149 nations, India is at 110th spot on Sustainable Development Goals index

During the <keyword id="3080788" type="UNKNOWN" weightage="20" keywordseo="United-Nation-Sustainable-Development-Summit">United Nation Sustainable Development Summit</keyword>, a high-level plenary meeting of the <keyword id="107186" type="ORGANIZATION" weightage="20" keywordseo="General-Assembly">General Assembly</keyword> highlighted 17 ambitious <a href="http://www.businessinsider.in/searchresult.cms?query=SDGs">Sustainable Development Goals</a> (<keyword id="450172" type="UNKNOWN" weightage="20" keywordseo="sdgs">SDGs</keyword>) that aim to remove poverty, fight inequality and tackle climate change in the next 15 years.<br />
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In an exclusive e-mail interview of <a href="http://economictimes.indiatimes.com/opinion/interviews/world-wont-achieve-its-development-goals-without-india-coming-through-bill-gates/articleshow/49160201.cms">The Economic Times</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=bill+gates">Bill Gates</a>, American business magnate and philanthropist, talked about what role India needs to play to achieve these 17 goals and why these are important.<br />
<br /> <keyword id="45830" type="PERSON" weightage="20" keywordseo="Bill-Gates">Bill Gates</keyword> told the business daily that “All eyes are on India.”The world would have not achieved its poverty reduction targets without China coming through; in the similar way, it will not achieve many of its SDGs targets without India coming through, he added.<br />
<br /> While India has significantly achieved some of the Millennium Development Goals (MDGs) goal in the education and health sector, SDGs currently gives the <keyword id="44734" type="ORGANIZATION" weightage="20" keywordseo="Indian-Government">Indian government</keyword> in opportunity to provide better primary healthcare to all, said Gates.<br />
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On being asked about what role Indian businesses will play in achieving these goals? Bill Gates told ET that the country has a deep-rooted and growing tradition of philanthropy. This sector has significant expertise that can be applied to addressing India's most challenging health and development challenges, he added.<br />
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Asserting that it's clear that the MDGs have been instrumental in fostering global collaboration and accountability among wealthy and developing countries, Gates said that the private sector and NGOs aim to bring down extreme poverty, improve maternal health and reduce child mortality rate. These factors could catalyze global action on the issues that affect the most vulnerable communities, he asserted.<br />
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Gates further added that the SDGs put forward a shared vision of a world to eradicate extreme poverty and hunger, foster inclusive economic growth and combat climate change by 2030.<br />
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Speaking about the funding part to achieve these 17 goals, the 59-year-old tech czar told the business daily that the SDGs are not a largely aid-driven agenda unlike MDGs. He further added that following are the three sources of finance for the SDGs:<br />
·         Domestic in-country resources<br />
·         Traditional aid<br />
·         Private <a href="http://www.businessinsider.in/searchresult.cms?query=finance">finance</a><br />
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According to Gates, “The main source of financing for the SDGs will be resources from developing countries themselves, through domestic revenues like taxes which should be applied towards development outcomes.”<br />
(Image: UN.org)<br />

All eyes are on India to achieve the Sustainable Development Goals, says Bill Gates

New Delhi, Jan 31 () India's development trajectory is critically linked with investments in social infrastructure and the country's march towards attaining Sustainable Development Goals is firmly anchored in investing in human capital and inclusive growth, the Economic Survey 2019-20 said.
<p> To reap the benefits of demographic dividend, the government is committed to improve the outcomes in education and skilling, and to provide employment and affordable healthcare to all, as per the survey tabled in Parliament on Friday.
</p><p> "India's march towards achieving Sustainable Development Goals (SDGs) is firmly anchored in investing in human capital and inclusive growth," Economic Survey 2019-20 said.
</p><p> Scaling up development programmes for improving connectivity, providing housing and bridging gender gaps in socio-economic indicators is of paramount importance for sustainable development.
</p><p> It stated that the public investments in social infrastructure like education, health, housing and connectivity have a critical role in ensuring inclusive development in a developing country like India.
</p><p> "The 17 SDGs and 169 targets envisaged in the Agenda 2030, are closely interrelated with social infrastructure," it said.
</p><p> With the underlying dimensions of education and health embedded in SDGs, the improvement in Human Development Index (HDI) is also interlinked to SDGs as evidenced in the correlation between SDG rankings and HDI rankings of the states.
</p><p> The 2030 Agenda for sustainable development calls for global partnership to ensure peace and prosperity for people and the planet, now and into the future.
</p><p> It is recognised that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality and spur economic growth in a sustainable manner, the survey said.
</p><p> India is committed to achieve these SDGs and a strong social infrastructure is key to achieve them, it said, adding that the government has been focusing on provisioning of assets such as schools, institutes of higher learning, hospitals, access to sanitation, water supply, road connectivity, affordable housing, skills and livelihood opportunities.
</p> This gains significance given the fact that India is home to the world's youngest population as half of its population is below the age of 25.   SID ANS
ANS

India's march towards SDGs anchored in investing in human capital, inclusive growth: Eco Survey

<p><div class="KonaFilter image-container display-table lead-image-large"><div><div class="image"></div></div></div></p><ul class="summary-list"><li>Business Insider attended the Sustainable Development Goals (SDG) Summit at United Nations headquarters on Tuesday and Wednesday.</li><li>The SDGs are a set of interconnected goals for 2030 that are aimed at eliminating politically destabilizing inequality and extreme poverty, and significantly reducing man's effect on climate change damaging ecosystems.</li><li>The predominant theme was that all stakeholders are off track in achieving these goals, but that it is not too late.</li><li>The week inspired companies to double down on sustainability initiatives, and for heads of state to encourage more public-private partnerships.</li><li>This article is part of Business Insider's ongoing series on <a href="https://www.businessinsider.com/category/better-capitalism">Better Capitalism</a>.</li><li><a href="https://www.businessinsider.com/">Visit Business Insider's homepage for more stories</a>.</li></ul><p>While the United Nations General Assembly coverage this week has been dominated by news surrounding President Donald Trump and 16-year-old Swedish climate activist Greta Thunberg, there was also a major recommitment to the 2015 Sustainable Development Goals (SDGs) by heads of state, NGOs, and business leaders. The bottom line: We're not doing enough to meet our 2030 goals, but it's not too late.</p><p>Business Insider attended the SDG Summit at UN HQ on Tuesday and Wednesday, and we've collected the highlights for you.</p><h2>The SDGs affect everyone.</h2><p>The SDGs came out of the UNGA 2015 week, and are 17 goals that the 193 countries of the General Assembly agreed to aim for achieving by 2030. The health of the planet itself was a primary reason for their urgency, but rampant rising inequality and poverty were as well. The member states have recognized that a world dominated by failing ecosystems, inequality of wealth and opportunity, and of extreme poverty is unsustainable and a threat to prosperity and peace.</p><p><div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div></p><h2>Business leaders are recognizing they're way off track ahead of a new decade.</h2><p>"We are far from where we need to be," UN Secretary General António Gutteres said in the summit's opening statement. "We are off track." That became a refrain for the summit's entirety.</p><p>And while we mostly heard from heads of state and NGO leaders, those in the private sector acknowledged their place in the plan, too.</p><p>The UN Global Compact, a corporate sustainability group, and Accenture, the professional services firm, published a joint report ahead of the SDG Summit titled, <a href="https://www.accenture.com/us-en/insights/strategy/ungcceostudy">"A Decade to Deliver: A Call to Business Action."</a> Its bottom line, drawn from a survey of 1,000 CEOs from around the world: "<a href="https://www.businessinsider.com/ceo-survey-finds-desire-to-accelerate-sustainability-by-2030">We have failed in doing our part</a> in achieving the goals by 2030. But we want to, and it's not too late!"</p><p>Peter Lacy, Accenture's head of strategy in the UK and Ireland and one of the report's authors, wrote to us that CEOs have blamed "an ever more competitive and challenging business environment, and an intense set of pressures that include global trade and political uncertainties, pressure from activist investors, and the pace and scale of the technology revolutions taking place in digital, biological, and physical innovation." That is, CEOs argued that they want to do more, but it's hard when shareholders and industry upheaval has focused their attention on the short-term.</p><h2>And business has to take them seriously if the SDGs have any chance of being achieved.</h2><p>"Without business action, there is no achieving the Sustainable Development Goals," B Lab's Laura Velez Villa told us. Villa is overseeing B Lab's collaboration with the UNGC on the SDG Action Manager, a tool that will help businesses of any size develop programs that will help them achieve the goals. It's set to launch in January. </p><p>Mastercard vice chair Ann Cairns was the only private sector representative to speak during the SDG summit. She noted that her company is working toward the SDGs "because we need to innovate to survive. None of us can do well in a failing world." She noted that Mastercard was doing its part by bringing nearly 500 million people in deeply impoverished regions into the banking system.</p><p>"It is possible to mass mobilize business," said International Chamber of Commerce (ICC) Secretary-General John Denton.</p><p>Both Cairns and Denton expressed the idea that businesses pursuing sustainability will be doing so in a way that not only helps achieve what UN members want for their governments, but will be benefiting their companies over the long term.</p><p>There's also a critical mass of young people demanding this level of accountability of companies to the environment, communities, and workers, and that means more consumers and employees are demanding this. And that leads to the next point.</p><h2>Youth are the biggest motivators.</h2><p><div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div></p><p>Thunberg kicked off the Climate Summit on Monday, three days after inspiring the world's largest climate change protest, with an impassioned speech demanding action to end man-made climate change. And while she was never mentioned, her impact was felt through the SDG Summit.</p><p>Secretary-General Guterres and multiple heads of state explained that a generation of young people have taken the SDGs to heart more intensely than others. B Lab's Villa said that while it can be disheartening to discover that broadly speaking, more companies spoke about sustainability initiatives than actually working toward them, she was inspired by the way million of young people this week have demonstrated there is a true demand for them.</p><p>"We will hold ourselves accountable and you can be sure we will hold you accountable," said Trisha Shetty, 26, speaking for the Young Leaders for the SDGs.</p><h2>All of the SDGs are interrelated, and you can't pick and choose which to pursue.</h2><p>It can be easy to associate sustainability with green initiatives, but the SDG approach is holistic. Peter Messerli, a professor at the University of Bern and the co-chair of the UN's <a href="https://sustainabledevelopment.un.org/gsdr2019">Global Sustainable Development Report</a>, likened the SDGs to a Rubik's cube. In the same way you would never complete the puzzle if you focused on connecting one color at a time, you will never achieve the SDGs if you focus on completing one at a time. For example, he said if a country were to solely work at ending hunger at all costs, farmland could be affected in such a way that it damages ecosystems and farmers' ways of life.</p><p>A country, NGO, or company can, of course, dedicate programs to a specific goal, like building sustainable cities or increasing women's equality. The point is that if one is serious about the SDGs, actions in the pursuit of one goal have to be made while mindful of the 16 others.</p><h2>Cooperation is necessary both between and among the public and private sectors.</h2><p>"Private sector companies hold the key," said Japanese Prime Minister Shinzo Abe, reflecting another major theme of the summit.</p><p>Sweden Prime Minister Stefan Löfven touted the <a href="http://sdg.iisd.org/news/leadership-group-to-drive-industry-transition-to-low-carbon-economy/">Leadership Group for Industry Transition</a> announced earlier in the week with India. The two countries are leading the group, which includes several other countries and a number of companies, and are using it as a way to build public-private partnerships for the sake of transitioning to cleaner energy on an industrial level, and for sharing best practices among member states.</p><p>The UNGC-Accenture survey also found that CEOs believe the only way to achieve the SDGs would be through sharing best practices, even among competitors. There are already models for such partnerships, like the Sustainable Apparel Coalition, founded by Walmart and Patagonia and now numbering 250 members.</p><h2>The week is creating momentum.</h2><p>Michael Bloomberg took advantage of the UN crowd with his Global Business Forum this week, and a major theme was finding the business opportunity in the SDGs. As <a href="https://www.ft.com/content/cae3a64c-e001-11e9-9743-db5a370481bc">the Financial Times reported</a> that Blackstone CEO Stephen Schwarzman, former Treasury secretary Hank Paulson, and HSBC's head of global banking and markets, Samir Assaf, all expressed excitement at the chances for making money in sustainable businesses.</p><p>There were other business leaders inspired by the fervor, like Danone CEO Emmanuel Faber, who announced Monday <a href="https://www.businessinsider.com/danone-ceo-emmanuel-faber-launches-biodiversity-climate-initiative-2019-9">a major biodiversity campaign</a> for his international food giant.</p><p>"I sensed a wide recognition that we are off track," said UN Deputy Secretary-General Amina Mohammed, but also a "real determination" from all stakeholders to get on track.</p><p>There's a decade left.</p>

7 crucial developments from the UN's sustainability summit, and what they'll mean for businesses and our environment

The <keyword id="166486" type="ORGANIZATION" weightage="100" keywordseo="Millennium-Development-Goals">Millennium Development Goals</keyword> (MDGs), which draw near to completion in 2015, have given way to the new <keyword id="55804" type="ORGANIZATION" weightage="100" keywordseo="sustainable-development">Sustainable Development</keyword> Goals (SDGs) la<keyword id="6355835" type="ORGANIZATION" weightage="100" keywordseo="UN">un</keyword>ched at the UN General Assembly. The event and an array of other events including the SDG Business Forum, the Social Good Summit and the Clinton Global Initiative saw large participation from various stakeholders. <br /><br />
	
		In understanding and evaluating the presentations at these events, some of the pertinent points that look seemingly obvious are: First, few presentations gave any indication of serious learning from the wins-- and losses--during 20 years of MDG work. A delineation of the models that work (i.e., more sustainable and scalable) is seen as clearly missing. Second, in the absence of learning frameworks, presenters reiterate the same problems, now expanded to 17 goals and 169 targets. The result is a plea for more resources to support the new SDGs without any evidence that those resources will be employed more effectively. Third, the core request at these events was for more than four trillion dollars per year to implement the SDGs over 15 years. 
	<br /><br />
	
		This logically leads to two important questions i.e., how can you call the goals replacing the MDGs sustainable if they lead with requests for resources that are not? At the beginning of the SDG process, what should the worlds’ governments, corporates and NGO leaders focus on now to make the new global goals actually sustainable?
	<br /><br />
	
		Answering these questions is at the heart of societal businesses value creation that seeks to find the most innovative and sustainable models for solving intractable challenges. Societal business search firms have advocated tirelessly the need to identify models that 1) can be scaled and 2) are not reliant on non-profit funding (which is donation-dependent and driven by the dictates of donors.) 
	<br /><br />
	
		The best models that have found have had social entrepreneurs at the helm who see the world differently. They frequently take the “against” position (<a href="http://goo.gl/XHWj6x">http://goo.gl/XHWj6x</a>). For instance, in branding, claiming the against position means using a competitor’s dominant spend and mindshare to carve out an anti-space—the Un-cola for example. Social entrepreneurs are quintessential against positioners. [Microfinance inventor] Mohammed Yunus stated it clearly: “I looked at how traditional banks do business and we did the opposite.” In very practical terms, these stubborn, opinionated entrepreneurs frequently show up after the aid and development models have failed or at least failed to become sustainable. Their arrival on the scene is less a ‘Kumbaya’ moment and more a “disruptive innovation” one.
	<br /><br />
	
		Social entrepreneurs are relentlessly focused on what they have learned. Their conversations highlight the innovations that are rolled into ingenious, often cross-sector models and as the people who use these models to solve their own and others problems. Their resource requests are framed by why their model should be scaled and how it can replace less effective approaches. The primary goal for these innovative social entrepreneurs is to demonstrate that appropriate capacity building and scale enables their hybrid or for-profit innovation models to solve problems sustainably, thus reducing dependence on fundraising. 
	<br /><br />
	
		To deliberate on these emerging business models The Shared Value Summit 2015, is being organized by Shared Value India on November 20th, 2015 (<a href="http://sharedvalue.in/svs2015/">http://sharedvalue.in/svs2015/</a>). The summit will see participation from various stakeholders who will deliberate and discuss key opportunities that businesses can and are leveraging to create societal value. 
	<br /><br />
	
		Already, social entrepreneurs have offered five critical solutions to the problem of making the Sustainable Development Goals truly sustainable: First, recognizing that any commitment to achieving the SDGs must avoid Einstein’s famous definition of insanity: Doing the same thing and expecting different results. Second, authentic commitment to the SDGs requires leaders to recognize one simple reality: It is not possible to have sustainable development goals without sustainable models that leverage under-utilized resources. Third, serious SDG innovators recognize that the current donor, foreign aid and resource investment processes are not sustainable. They call attention to inadequacies and offer new models and leadership to move significant resources from unsustainable models to sustainable models. Fourth, any leader pleading for more funding should be able to explain how his/her organization will deploy that funding to scale solutions that are more sustainable than those that failed to achieve most of the MDGs. Finally, significantly improved sustainability requires the ongoing evaluation of all investments, models and approaches employed. The most sustainable solutions should then be aggressively adopted across sector and country boundaries, no matter their origin or disruption.
	<br /><br />
	
		Increasingly, leaders are being asked to challenge the status quo. These leaders—often disruptors—no longer target seed stage or individual impact investments. The most impactful leaders know that pilots do not lead to scaling or to sustainability. 
	<br /><br />
	
		Social entrepreneurs thrive at risk taking and from learning rapidly about what doesn’t work. These are the sustainable, scale-oriented models and management teams that are best equipped to handle significant capital and to shift how these goals are achieved to sustainable development goals.
	<br /><br /> (The article is co-authored with David Wilcox, the founder of ReachScale, an organization that aligns the <keyword id="76104" type="ORGANIZATION" weightage="100" keywordseo="social-responsibility">social responsibility</keyword> goals of corporations with high potential social entrepreneurs working in areas of common interest.) <br />
<em>image credits: </em>7continents5oceans

What should the world do to make sustainable development goals truly 'sustainable'?

Tech giant <keyword id="10591" type="General" weightage="100" keywordseo="samsung" source="Orion">Samsung</keyword> has updated its <keyword id="12311174" type="General" weightage="20" keywordseo="Samsung-Global-Goals" source="Orion">Samsung Global Goals</keyword> (SGG) app that will empower Galaxy smartphone users in India to donate for causes related to inequality, climate and environmental degradation, and education.<br /><br />All projects are linked to causes that help further the <keyword id="3758911" type="General" weightage="20" keywordseo="United-Nations-Sustainable-Development-Goals" source="Orion">United Nations Sustainable Development Goals</keyword> (SDGs).<br /><br />With the updated SGG app, Galaxy users in India will now be able to donate to projects using the Unified Payments Interface (UPI). These projects include educating young women, feeding school children, protecting children's rights, supporting the fight against poverty and helping ease the loss of grieving families impacted by Covid-19, the company said in a statement.<br /><br />The projects listed on the app support UN SDGs such as No Poverty (Goal 1), Zero Hunger (Goal 2), Good Health and Well-being (Goal 3), Quality Education (Goal 4), Clean Water and Sanitation (Goal 6), Sustainable Cities and Communities (Goal 11) and Responsible Consumption and Production (Goal 12).<br /><br />Galaxy users will soon be able to also contribute towards United Nations Development Programme projects in India such as supporting women artisans working on Warli folk paintings, helping Safai Saathis who are frontline sanitation workers, conserving Snow Leopards in the Himalayas, one of the world's rarest cats, and supporting the lives and livelihoods of people impacted by the Covid-19 pandemic.<br /><br />"The updated Samsung Global Goals app will now provide Galaxy smartphone users in India, including Gen Z and millennial users, an easy way to learn about the SDGs and support causes in India that are most important to them. The app furthers our vision of #PoweringDigitalIndia that aims to empower the next generation of young India," said Partha Ghosh, Vice President &amp; Head, Corporate Citizenship, Samsung India, in the statement.<br /><br /><b>SEE ALSO:</b><br /><br /> <b><a href="https://www.businessinsider.in/tech/mobile/news/samsung-plans-to-launch-2nm-chipsets-by-2025-could-power-its-2026-flagships/articleshow/86959127.cms">Samsung plans to launch 2nm chipsets by 2025, could power its 2026 flagships</a></b><br /><br /> <b><a href="https://www.businessinsider.in/tech/news/samsung-galaxy-s21-fe-likely-to-debut-at-next-unpacked-event-on-october-20/articleshow/86984469.cms">Samsung Galaxy S21 FE likely to debut at next Unpacked event on October 20</a></b>

Samsung users can now donate using UPI for social causes from the Samsung Global Goals app

<p></p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Nicolas Kovarik/Getty Images</span></p><p class="caption">Danone CEO Emmanuel Faber.</p></div><p></p></div></div></p><ul class="summary-list"><li><a href="https://www.businessinsider.com/category/b-lab">B Lab</a> is the nonprofit behind the B Corp certification that 2,800 companies around the world use to show that they are committed to a stakeholder model, rather than short-term profit maximization at all costs.</li><li>B Lab cofounder Jay Coen Gilbert said that the movement is reliant on more large, public companies adopting the status, and that's why B Lab is developing tools that aggregate proven best practices.</li><li>It has partnered with the United Nations and a team of researchers to develop a tool that allows companies to set up customized plans for meeting the UN's Sustainable Development Goals. Danone CEO Emmanuel Faber is among the funders.</li><li>This article is part of Business Insider's ongoing series on <a href="https://www.businessinsider.com/better-capitalism">Better Capitalism</a>.</li></ul><p><a href="https://www.businessinsider.com/patagonia-ceo-rose-marcario-says-capitalism-must-evolve-to-save-earth-2019-4">Patagonia CEO Rose Marcario</a> is one of the biggest evangelists for adding sustainability to business strategy. Sure, Patagonia has had an environmentalist ethos from the start, but Marcario told Business Insider she can just as easily appeal to a company's self-interest.</p><p>"Anytime we've done anything that's been good for the planet it's been good for business," she said. "There's no question about that."</p><p>More CEOs, including those of large public companies, are recognizing the demand from customers and employees to have well-thought-out sustainability strategies. The challenge is figuring out what works. B Lab wants to help, and it's working with the United Nations to do so.</p><p>B Lab is the nonprofit that awards B Corp certification (a shortening of "benefit corporation," which is a separate legal status) to companies like Patagonia that can prove they are benefitting all stakeholders, including workers, communities, and the environment itself. There are now 2,800 B Corps around the world.</p><p>B Lab cofounder Jay Coen Gilbert is one of Business Insider's <a href="https://www.businessinsider.com/the-100-people-transforming-the-world-of-business-2019-4">100 People Transforming Business</a>, and he told us that this year he and his team are developing tools based on B Corps' best practices that will allow companies to scale them as necessary. He said that the UN's work on the subject caught B Lab's attention.</p><p><em><strong>Read more: </strong><a href="https://www.businessinsider.com/the-nonprofit-behind-b-corp-is-making-tools-for-companies-like-danone-2019-4">How B Lab is developing a set of tools all companies can use</a></em></p><p>The UN developed 17 <a href="https://www.un.org/development/desa/disabilities/envision2030.html">sustainable development goals</a> (SDGs) in 2015, with the intention of reducing inequality and addressing climate change among member states.</p><p>Coen Gilbert said there has been a disconnect between the public and private sectors on sustainability. Speaking of countries, he said, "increasingly they're saying, 'We aren't going to be able to meet the SDGs without the private sector doing its share.' Then the companies are saying, 'Well, what the hell do I know about the SDGs? How do I translate that into a business practice?' And that's kind of like the B Lab's sweet spot."</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>United Nations</span></p><p class="caption">The United Nations' Sustainable Development Goals (SDGs).</p></div><p></p></div></div></p><p>B Lab reached out to the UN to find ways to adapt its existing impact assessment questions to the SDGs, and turn it into an online platform that is set to launch next year.</p><p>B Lab partnered with the UN to find ways to adapt the goals to the private sector, so that companies can adopt proven processes for increasing gender equality and reducing their carbon footprint. Coen Gilbert said B Lab will launch an SDG navigator for companies by early next year.</p><p>The UN, Global Reporting Initiative, and the World Business Council for Sustainable Development have already written the <a href="https://sdgcompass.org/">SDG Compass</a>, a guide addressing B Lab's goals, and B Lab is finding ways to incorporate its guidance into a tool that can determine customized solutions for companies, as opposed to offering general advice. To accomplish this, B Lab is also working with researchers from the Center for Ethics and Responsibility at the Leeds School of Business at the University of Colorado Boulder.</p><p>Of course, releasing the tool on its own is not going to mean anything if it can't deliver results. The purpose of the navigator is to get large corporations to recognize that becoming a stakeholder-based company will not only make it more appealing to customers and employees, but make it better run. That's why B Lab is working with companies to beta test it and eventually tout its results.</p><p><em><strong>Read more: </strong><a href="https://www.businessinsider.com/walmart-patagonia-sustainable-apparel-coalition-higg-index-2019-4">W</a><a href="https://www.businessinsider.com/walmart-patagonia-sustainable-apparel-coalition-higg-index-2019-4">almart and Patagonia were once the 'odd couple' of sustainability. Now, the world's biggest apparel brands are lining up to follow their example.</a></em></p><p>One of the funders of this project is <a href="https://www.businessinsider.com/danone-planning-to-be-worlds-largest-benefit-corporation-2018-10">Danone CEO Emmanuel Faber</a>, who has overseen the food giant's North American branch adoption of B Corp status and has put all of Danone on a path to the same by 2030. Last year, Faber told Business Insider's Sara Silverstein that Danone North America's B Corp status and Danone's overall path to it has not only been resonating with customers and employees, but even allowed it to renegotiate a syndicated banking loan at a lower rate. The experience has made him realize that "it can have a major impact on the risk and return aspects of a business model."</p><p>Coen Gilbert said the future of the movement is reliant on more leaders like Faber recognizing that the market is demanding a shift from shareholder primacy at all costs. That's where the upcoming SDG tool fits in.</p><p>"We can't create an economy that works for everyone if the biggest companies in the economy are moving in a different direction," he said. "That doesn't work. One indicator of progress is this continued meaningful engagement of large publicly traded companies like Danone, and Unilever, and The Gap, and others, into this space. Part of our job is to create pathways for them to do that in a meaningful way, and not allow the B Corp movement to get co-opted. We can't run to meet them. We have to create pathways for them to meet us."</p>

Top companies say they're working to help the environment. Now the CEO of food giant Danone is funding a UN-backed tool that will keep them accountable.

<strong><br /></strong><ul><li><strong>Inter-Governmental Panel on <keyword id="6361617" type="UNKNOWN" weightage="20" keywordseo="climate-change">Climate Change</keyword> (<keyword id="6941656" type="UNKNOWN" weightage="20" keywordseo="IPCC">IPCC</keyword>) released its ‘special report’ on the impact of global warming of 1.5 degrees Celsius above pre-industrial levels.</strong></li><li><strong>Keeping other global issues in mind, the report analyses the trade-offs and synergies between keeping climate change in control and other <keyword id="879547" type="ORGANIZATION" weightage="20" keywordseo="sustainable-development-goals">sustainable development goals</keyword> (<keyword id="450172" type="PERSON" weightage="20" keywordseo="sdgs">SDGs</keyword>).<br /></strong></li><li><strong>Their study goes while some goals are aligned with reducing <keyword id="58357" type="PERSON" weightage="20" keywordseo="greenhouse-gas-emissions">greenhouse gas emissions</keyword>, the trade-offs are higher for other paradigms.</strong></li></ul>Reducing the impact of climate change isn’t just about reducing average global temperatures, it’s about doing it in a way that doesn’t worsen other global problems. A ‘<a href="http://www.ipcc.ch/report/sr15/">special report</a>’ by the Inter-Governmental Panel on Climate Change (IPCC) analyses that while it may be synergized with reduction of air pollution and improving health, reducing greenhouse gas emissions drastically will be trickier when it comes to food security and water security.<br /><br />In order to successfully implement policy changes that control climate change, the report highlights that finance and technology need to be aligned with local requirements and institutions need to be integrated for effective governance.<br /><br />It also warns against a single-minded approach to reducing climate change. The IPCC recommends that issues of power and inequality shouldn’t be ignored, but integrated into the solutions that are put in place to tackle climate change. Here's how the panel proposes tackling climate change and balancing other sustainable development goals (SDGs):<br />

IPCC analyses the synergies and trade-offs between preventing climate change and SDGs

<p><div class="KonaFilter image-container display-table lead-image-large"><div><div class="image on-image"><p class="source"><span>International Chamber of Commerce</span></p><p class="caption">Andrew Wilson, the International Chamber of Commerce's permanent observer to the United Nations.</p></div><p></p></div></div></p><ul class="summary-list"><li>At the <a href="https://www.businessinsider.com/category/unga-2019">United Nations General Assembly</a> this week, one of the main topics discussed was the urgency required for completing the <a href="https://www.businessinsider.com/category/sdg-summit-2019">Sustainable Development Goals</a> (SDGs) by 2030.</li><li>UNGA's member states agreed to the SDGs in 2015 as a way to end destabilizing inequality, extreme poverty, and man-made climate change destroying ecosystems.</li><li>The International Chamber of Commerce sets standards of international trade, and its ambassador told Business Insider that <keyword id="49089" type="ORGANIZATION" weightage="60" keywordseo="Sustainability">sustainability</keyword> plans presented at the UNGA will amount to nothing more than "show and tell" unless systemic changes are made.</li><li>The ICC has determined eight policy points affecting financial regulation that would make investing in sustainability more attractive to banks and investors. It shared them with Business Insider ahead of their publication in a detailed report shared next month at the annual meeting of the World Bank and IMF.</li><li>This article is part of our ongoing series on <a href="https://www.businessinsider.com/category/better-capitalism">Better Capitalism</a>.</li><li><a href="https://www.businessinsider.com/">Visit Business Insider's homepage for more stories</a>.</li></ul><p>Andrew Wilson sounded frustrated.</p><p>The parade of heads of state, business leaders, and fellow NGO reps that spoke about sustainability we had just seen at the United Nations General Assembly was something he's very familiar with, as the UN ambassador for the International Chamber of Commerce (ICC). It's the world's largest business organization, promoting international trade and regulation among its 46 million members, and has observer status at the UN. Wilson's been in the role for 18 months, and he's heard lots of talk around sustainability, but hasn't seen much progress.</p><p>He told Business Insider that the only way the UN's Sustainable Development Goals (SDGs) will be accomplished is if there are systemic policy changes, not a gradually increasing series of modest national and corporate programs, "because otherwise the UN system simply stays as a high-level week with a nice show-and-tell."</p><p>The SDGs are 17 goals for eliminating extreme inequality, poverty, and man-made climate change by 2030. The urgency comes not only from a spirit that these are the right things to do, but from the real dangers that these afflictions are posing to the long-term health of large and small nations alike. One of this week's UNGA conclusions was that the world is far off track from meeting the goals in time.</p><p>We attended the inaugural SDG Summit on Tuesday and Thursday, where the SDGs were the star of the show, and afterwards debriefed with Wilson. Wilson and his ICC colleagues may be frustrated by the lack of progress, but they're also confident that know what needs to be done.</p><p>"We need to take sustainability out of the competitive space, in general terms," said Wilson, who has been with the ICC for five years and previously worked in the British government. "We need to make sustainable business the baseline on which people operate, not a potential competitive advantage."</p><p>He shared with us a preview of the eight policy proposals the organization will be presenting at the World Bank and International Monetary Fund's annual meeting in October.</p><p>They go as follows:</p><h2>Changes to capital mobilization</h2><h3>1. 'Broaden the scope of central bank and regulatory mandates.'</h3><p style="padding-left: 40px;">"Explore the potential to expand the concept of <a href="https://www.worldbank.org/en/publication/gfdr/gfdr-2016/background/financial-stability">'financial stability'</a> in central bank and regulatory mandates to incorporate both sustainability-related risks and objectives. Given the growing risks posed to the global economy by climate change, environmental degradation, and global inequality, the objective of financial stability can no longer be separated from sustainable development imperatives."</p><h3>2. 'Align prudential regulation frameworks with sustainability risks.'</h3><p style="padding-left: 40px;">"Explore the feasibility of including risks associated with climate and other sustainability factors in institutions' risk management policies (building on the work of the <a href="https://www.fsb-tcfd.org/">Task Force on Climate-related Financial Disclosures</a>) - with the objective of adjusting capital requirements under <a href="https://www.investopedia.com/articles/economics/10/understanding-basel-3-regulations.asp">Basel III</a>/<a href="https://www.investopedia.com/terms/s/solvency-capital-requirement.asp">Solvency II</a> and related regulatory frameworks to properly account for sustainability-related risks."</p><h3>3. 'Establish sustainable finance taxonomies.'</h3><p style="padding-left: 40px;">"Establish a process to develop a globally consistent taxonomy for climate change, [as well as] environmentally and socially sustainable investment activities to provide a supporting factor for the calculation of <a href="https://www.investopedia.com/terms/c/capitalrequirement.asp">regulatory capital</a>. Such a framework could provide a basis for a recalibration of <a href="https://www.businessinsider.com/post/preview?post_id=5d8e468a2e22af204838b608&amp;mode=desktop">prudential requirements</a> under Basel III/Solvency II to positively incentivize the financing of sustainable assets - similar, for instance, to the scaling approach taken for certain forms of small business financing under existing prudential regimes."</p><h3>4. 'Embed sustainability in credit ratings.'</h3><p style="padding-left: 40px;">"Explore the potential for sustainability factors to be taken into account in credit rating assessments - including for sovereign debt."</p><h3>What this means</h3><p>Following the global financial crisis, central banks adopted new regulations intended to reduce the amount of risk banks would take. The ICC wants central banks to interpret risk differently when assessing investments in sustainability.</p><p>As Wilson said, a bank right now would be less willing to invest in an SDG-friendly solar energy development in Nigeria, a developing country, than it would be investing in a coal plant there. Investors are recognizing potential profits in sustainable industries like clean energy, but the ICC wants risk assessment adjusted to reflect the risks inherent in doing business as usual. </p><p><em><strong>Read more:</strong> <a href="https://www.businessinsider.com/all-you-need-to-know-about-un-sdg-summit">7 crucial developments from the UN's sustainability summit, and what they'll mean for businesses and our environment</a></em></p><p><em><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>United Nations</span></p><p class="caption">The UN SDGs were adopted by UN member states in 2015, and have a target completion year of 2030.</p></div><p></p></div></div></em></p><h2>Changes for consumers</h2><h3>5. 'Clarify fiduciary duties.'</h3><p style="padding-left: 40px;">"Establish clear duties for both institutional investors and asset managers in relation to sustainability considerations."</p><h3>6. 'Standardize SDG disclosures.'</h3><p style="padding-left: 40px;">"Work towards greater standardization of sustainability-related reporting to address growing <a href="https://www.investopedia.com/terms/f/fragmentation.asp">market fragmentation</a> and promote comprehensive SDG-alignment."</p><h3>7. 'Empower consumers.'</h3><p style="padding-left: 40px;">"Require sustainability preferences to be taken into account when assessing a client's needs."</p><h3>What this means</h3><p>Business leaders <a href="http://businessinsider.com/blackrock-larry-fink-investors-esg-metrics-2018-11">like BlackRock's Larry Fink</a> have called for more formal ways of measuring environmental, social, and governance (ESG) criteria of securities, and that's in line with what the ICC is calling for here.</p><p>It wants an aspect of a company's health to be how it is building long-term value through investments in sustainability, and that way the market will reward them accordingly.</p><p><em><strong>Read more:</strong> <a href="https://www.businessinsider.com/ceo-survey-finds-desire-to-accelerate-sustainability-by-2030">A survey asked 1,000 CEOs how they felt about their work on the environment, and most of them gave the same answer - not that great</a></em></p><h2>Change in priorities</h2><h3>8. 'Unlock dormant assets.'</h3><p style="padding-left: 40px;">"Establish appropriate schemes to unlock the estimated US$100 billion of assets that lie <a href="https://www.investopedia.com/terms/d/dormant-account.asp">'dormant'</a> where financial institutions have lost contact with their beneficial owner - building on existing good practices in a number of countries. Such assets could be earmarked towards SDG implementation nationally or on a global level."</p><h3>What this means</h3><p>When a personal financial account goes dormant after a specific period of time, it becomes property of the state (if the funds are subsequently requested, they are returned). In December 2016, the Japanese government decided to make use of dormant funds, which were rising at a rate of ¥100 billion ($927 million) annually, <a href="https://www.nippon.com/en/currents/d00298/japan-moves-to-use-dormant-bank-accounts-for-socially-beneficial-activities.html">for socially beneficial causes</a>. The program went into effect this year, and the ICC believes it could be a model for other nations.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/blackstone-ceo-stephen-schwarzman-gives-best-entrepreneur-advice">Blackstone CEO Stephen Schwarzman said his firm's rough early days taught him why every entrepreneur should be prepared to be in 'psychological pain in a way you haven't before'</a></h3>        <div>                    </div>    </div>

A UN ambassador told us why he's angry at the the business world's 'show-and-tell' approach to sustainability - and then he shared an advance copy of his plan to fix that

<br /> There exists a considerable overlap between the recently adopted United Nation’s (UN) <keyword id="55804" type="ORGANIZATION" weightage="100" keywordseo="sustainable-development">Sustainable Development</keyword> Goals (SDGs) targeted to be achieved by 2030 and the social dimensions incorporated in the <keyword id="2181132" type="UNKNOWN" weightage="100" keywordseo="Social-Progress-Index">Social Progress Index</keyword> (SPI) developed by the Social Progress Imperative, a nonprofit organization based in Washington. The UN’s sustainable development agenda comprises of 17 goals pertaining to poverty eradication, lessening inequality and injustice and environmental challenges, particularly climatic changes and hold a global applicability, irrespective of the level of development of a nation. Likewise, the SPI captures comprehensively social progress of a country by incorporating various social and environmental indicators which have been distinctly grouped into three dimensions- Basic Human Needs such as food, water, sanitation, shelter, and personal safety; Foundations of Wellbeing for a better life such as basic education, information and communication, health , and environmental sustainability and thirdly, the Opportunity to improve one’s life through provision of rights, freedom , equality and access to advanced education. Figure1.1 highlights the overlap between the UN’s SDGs and the three dimensions of the SPI.<br />
 <br />
Figure 1.1: Overlap between the UN’s Sustainable Development Goals and the SPI<br />
<br />
<br />
<br />
Source: <a href="http://www.socialprogressimperative.org/">http://www.socialprogressimperative.org/</a><br />
<br />
<br />
The SPI by aggregating indicators across all the dimensions provides a holistic measure to benchmark the progress reached on the sustainable development agenda of the UN. While, the world scores 61 on a scale of 100 on social progress, there exists a wide diversity in the social progress levels reached across the world, with countries falling under the category of “Low Social Progress” and “Very Low Social Progress” being the countries of concern for achieving the new SDGs for 2030.<br />
<br />
Looking at the SPI performance for India, which has been classified as one of the low social progress countries, it has been observed that while India performs well in terms of Nutrition and Basic Medical Care and Access to Basic Knowledge, it lags behind in many other critical aspects of development. For instance, in 2015, only 36 per cent of the population had access to improved sanitation facilities and about 26 per cent had access to piped water. Moreover, due to excessive freshwater withdrawals India is currently facing high water stress levels. In addition to this, about 25 per cent of the population does not have access to electricity, along with a poor quality of electricity supply to the rest of the masses. Further, India has low tolerance for all the members of its population, making it socially less progressive compared to the other countries. For instance, India has been ranked 128th in 133 countries on tolerance for immigrants from other countries. (<a href="http://www.socialprogressimperative.org/">http://www.socialprogressimperative.org/</a>)<br />
<br />
Understanding the pressing need of fostering social progress for India, the current Narendra Modi government has implemented a development strategy that is closely aligned with the recent UN’s sustainable development agenda. One of the most striking initiatives undertaken so far have been “Make in India” drive having intent of propelling domestic manufacturing growth along with spurring foreign direct investment, job creation and innovation in sectors such as automotive, defense manufacturing, electronics, mining, pharmaceuticals and renewable energy. In addition to this, initiatives such as “Digital India” and “Smart Cities” have committed to providing best in class infrastructure and smart solutions to its people such as smart energy systems, green transportation and smart buildings intended to save energy usage.<br />
<br />
Further, as India accounts for about 50 per cent of the world’s open defecation, Government of India and the World Bank have also signed a US$500 million credit for the Rural Water Supply and Sanitation (RWSS) project in the states of Assam, Bihar, Jharkhand, and Uttar Pradesh. This complements the popular “Swachh Bharat Abhiyan”, national campaign by the Government of India to clean the roads of the country. Several other programmes that would enable India to achieve higher social progress include “Atal Mission for Rejuvenation and Urban Transformation” which proposes housing for all by 2022, and “Skill India” initiative which proposes to empower about 40 crore individuals with skills by 2022. Moreover, to drive innovation and the related growth, which is essential for sustainable development, Modi government has also taken steps to promote intellectual property rights within the country. A national Intellectual Property Rights (IPR) policy has been formulated which suggests providing tax benefits to the IPR creation.<br />
<br />
On the front of environmental sustainability, which has been another area of concern for sustainable development of a country, in the World Climate Change Conference (COP21) held in Paris in 2015, India has shown its support along with 176 other countries so far by signing the climatic change agreement which proposes to reduce greenhouse gas emissions and limit the global rise in temperature to 1.5 degree Celsius.<br />
Thus, while several efforts have been taken up by the Indian government towards a more sustainable development growth path, it must be realized that to achieve the global goals, the world’s social progress score would have to reach atleast 75 out of 100(Report by Deloitte UK and Social Progress Imperative), which is possible only if all the countries, irrespective of their current level of economic growth overperform on social progress. One of the countries worth highlighting here is Costa Rica, which has achieved a SPI score of 77.88 with a GDP per capita of only $13, 431 per annum. While, several social indicators are positively impacted by economic prosperity, indicators on the front of health and wellness, rights and freedom, tolerance and inclusion and environment have a weak correlation with GDP, thus highlighting the necessity of prioritizing such dimensions directly so as to achieve the desired social progress score for the UN’s SDGs for 2030.<br />
<br />
About the authors: Dr Amit Kapoor is Honorary Chairman, Institute for Competitiveness. He can be contacted at <a href="mailto:amit.kapoor@competitivenes.in">amit.kapoor@competitivenes.in</a> and tweets @kautiliya. Deepti Mathur is part of the Social Progress Index team at the Institute for Competitiveness, India.<br />
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<a href="https://i.ytimg.com/vi/5G0ndS3uRdo/maxresdefault.jpg"><em>Image source</em></a><br />

India’s Development Strategy towards Social Progress and UN’s Sustainable Development Goals

<p><div class="KonaFilter image-container display-table lead-image-large"><div><div class="image on-image"><p class="source"><span>Richard Bord/Getty Images</span></p><p class="caption">Unilever CEO Alan Jope is one of the CEOs calling for more action on <keyword id="49089" type="ORGANIZATION" weightage="60" keywordseo="Sustainability">sustainability</keyword> goals.</p></div><p></p></div></div></p><ul class="summary-list"><li>A report from Accenture and the UN Global Compact found that the majority of 1,000 CEOs surveyed believe the business world is not doing enough with its sustainability agenda.</li><li>The CEOs stressed the need for collaboration among competitors in sharing best practices for sustainability, and for having CEOs incorporate their agenda into their corporate cultures.</li><li>This article is part of Business Insider's ongoing series on <a href="https://www.businessinsider.com/category/better-capitalism">Better Capitalism</a>.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul><p>A new survey of 1,000 CEOs from around the world found that roughly 80% don't believe businesses are doing enough for sustainability.</p><p>The report, <a href="https://www.accenture.com/us-en/insights/strategy/ungcceostudy">"A Decade to Deliver: A Call to Business Action,"</a> was a joint venture by the United Nations Global Compact, a corporate sustainability group, and the professional-services firm Accenture. It was published Tuesday, the first day of the Sustainable Development Goals (SDGs) Summit at the 2019 UN General Assembly in New York.</p><p>"Business leaders told us that they face an ever more competitive and challenging business environment, and an intense set of pressures which include global trade and political uncertainties, pressure from activist investors, and the pace and scale of the technology revolutions taking place in digital, biological and physical innovation," Peter Lacy, Accenture's head of strategy in the UK and Ireland and one of the report's authors, wrote to Business Insider.</p><p>Lacy and his coauthors identified three calls to action from their survey.</p><h2>"Raise ambition and impact"</h2><p>Those surveyed recognized that finding sustainable solutions is necessary for the long-term health of their business, and must no longer be seen as merely a way to get publicity.</p><p>Consumer goods giant Unilever has for the past several years been one of the most vocal companies for raising this ambition. Its CEO, Alan Jope, told Accenture that the UN's SDGs "are not just a nice thing to do - they are a path to a prosperous world."</p><h2>"Change collaboration"</h2><p>The CEOs recognized that working toward the SDGs requires collaboration with industry competitors.</p><p>The <a href="https://www.businessinsider.com/walmart-patagonia-sustainable-apparel-coalition-higg-index-2019-4">Sustainable Apparel Coalition</a>, founded by the unlikely pairing of Walmart and Patagonia and now with 250 members, is an example of how retailers are willing to share best practices for sustainability, even as they compete for the same customers.</p><h2>"Redefine responsible leadership"</h2><p>The authors found that the CEOs define responsible leadership as:</p><ul><li>Taking risks on systemic changes within their businesses</li><li>Driving market demand by making sustainable options available to all consumers</li><li>Incorporating their initiatives into their corporate cultures</li><li>Using science as the basis for their sustainability initiatives, and having an understanding of how they work</li><li>Collaborating with other leaders in their industry</li><li>Being personally motivated to see the goals achieved</li><li>Tying sustainability initiatives to financial goals and communicating them to investors</li><li>Leading authentically (not "greenwashing")</li></ul><p>While the overarching message of both the report and the opening speeches of the SDG Summit were, "We're not doing enough," it's in a context of taking the goals more seriously than before. As UN Secretary General António Guterres said on Tuesday, "The private sector is coming to understand that green business is good business."</p><p>Accenture's Lacy agreed. "There is reason for optimism," he wrote to Business Insider. "Not only are leaders committed to sustainability and understand its importance to the competitive agility of their organizations, but the technologies and solutions that can enable change already exist today. They just need harnessing."</p>      <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/blackstone-ceo-stephen-schwarzman-gives-best-entrepreneur-advice">Blackstone CEO Stephen Schwarzman said his firm's rough early days taught him why every entrepreneur should be prepared to be in 'psychological pain in a way you haven't before'</a></h3>        <div>                    </div>    </div>

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