Integrating sustainability into global and local value chains is becoming increasingly common, not only for creating equitable and inclusive growth, but also for shared value creation. Since its adoption in 2015 the 2030 Agenda for Sustainable Development by the United Nations and its 17 Sustainable Development Goals (SDGs), the expectations and actions toward meeting the agenda’s goals have gained momentum. The focus has also expanded from the government to the private sector as a driver of sustainability/ SDGs. Many segments of the private sector, supported by various national and international organizations provide frameworks and guidance on how to integrate sustainable policies and business practices in order to achieve long-term prosperity for businesses and societies, while carefully managing or restoring environmental resources. CRB's endeavor is to convene a diverse set of stakeholders to understand and deliberate on the opportunities and challenges of promoting sustainable business in an emerging economy like India.
Contribution to India's Voluntary National Review (VNR) to UN High Level Political Forum
CRB contributed a chapter to the India’s Voluntary National Review (VNR) being compiled by the NITI Aayog. The VNR provides a review of progress on SDGs. The UN High Level Political Forum requires the member countries to present their respective VNRs as a signatory to the 2030 Agenda for Sustainable Development. The chapter, drawn from CRB’s considerable engagement with private sector players, gives an overview of various models and approaches of private sector contribution to SDGs in India. It also highlights the existing regulatory frameworks that guide private sector actions/ disclosure on sustainability and identifies certain gaps in these regulations. Drawing from the CRB’s work on Voluntary Sustainability Standards (VSS), the chapter also documents how VSS can positively contribute to robust reporting of SDGs. Using data from the field, CRB has documented a few good practices in different sectors (apparel & textiles, gems & jewellery, agro-processing), categorising them into different approaches which includes supply chain sustainability, community engagement, and circular economy among others.
Partnerships for Nutrition
Nutrition is central to the Sustainable Development Goals (SDGs) 2030 development agenda. Despite strong constitutional provisions, legislative policy, plan and programme commitments, India suffers from a high burden of undernutrition and micronutrient deficiency diseases. The statistics on nutritional status indicate that India has been a laggard on the issue, among fast-growing economies and also in the region. Centre for Responsible Business (CRB) along with the United Nations World Food Program (UNWFP) and Cargill India have teamed up to address the issue of malnutrition and SDG 2. The project looks at aspects of Nutritional Security in India by aligning with the priorities of the POSHAN Abhiyan along with collaborating with the public and the private sector to find ways to co-create possible approaches to address the problem collectively.
Read more about the initiative here.
Promoting Responsible Value Chains in India for an Effective Contribution of the Private Sector to the SDGs (PROGRESS)
CRB and Aston India Centre for Applied Research (AICAR), Aston University, UK have teamed up to explore and investigate how private sector companies - as part of GVCs, production networks and FDIs in India have/could better contribute towards the achievement of specific SDGs, particularly inclusive education and life-long learning (SDG4), employment and decent work for the youth (SGD 8), women’s social and economic empowerment (SDG 5), sustainable consumption and production (SDG 12), and Climate Action (SDG 13). This project referred to as the PROGRESS project is being supported by the International Development Research Centre (IDRC), Canada. The project was officially launched in October 2018 and will run till September 2021. The project is being undertaken in four sectors viz. 1) Apparels & Textiles, 2) Agro-Processing, 3) Pharmaceuticals, and 4) Gems & Jewellery.
Read more about the initiative here.