Smart Kolektiv, a pioneer in the field of socially responsible business and social entrepreneurship in Serbia published an ESG/SDG barometer – a short guide for companies to advance on their path to sustainability.
This concise and insightful booklet is intended primarily for decision-makers in companies as a guide through the dynamic and rapidly evolving field of sustainability. The booklet also offers a set of recommendations intended for other partners.
The existence of different concepts such as ESG, SDG and CSR can be confusing for companies that start to incorporate sustainability in their work. The fact, that companies find these concepts at times to contradict each other can reduce their potential impact. The ESG/SDG barometer facilitates an understandable and clear access to sustainability issues by demonstrating that these concepts are not mutually confrontational, but that they are in fact complementing each other.
The barometer is designed to cover three basic areas of sustainability – environment, society and governance, and touches upon the relevant Sustainable Development Goals (SDGs) within each. The main purpose of the SDG/ESG barometer is to provide an overview of the current state and trends in sustainability related to business activities. Other purposes are to demonstrate the progress of the integration of SDG and ESG practices into business given the national context and impact of EU policies, as well as to identify the current and upcoming impact of state policies and regulations aimed at encouraging sustainable development. Intended to become an annual publication that tracks progress ´, the Barometer can serve as a starting point for creating new programs/projects for companies and influence public policies.
The ESG/SDG barometer can be downloaded in electronic form via this link (only available in Serbian language).
The ESG/SDG barometer was created on the basis of a comparative analysis of current trends and the practices of companies operating in Serbia. The publication was created under the “Sustainable Development for All” platform supported by the Governments of Switzerland and Germany, and is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH as part of the Public Finance Reform Project – Agenda 2030.