BKT Ranked Number One Group in SDG Business Index
Nov. 20th, 2017, BKT ranked number one group in UN’s SDGBI (Sustainable Development Growth Business Index announced by the UN-sponsored SDGs Korea Association, a special advisory body to the United Nations Economic and Social Council (ECOSOC). The '2017 SDGBI' was an evaluation of 320 domestic major corporations and public institutions. This time, 56 companies were included in the top group and 142 companies were newly incorporated in the index.
The '2017 SDGBI' is an evaluation of 320 domestic major corporations and public institutions . This time, 56 companies were included in the top group and 142 companies were newly incorporated in the index.
BKT (sewage treatment and environment sector), CJ CheilJedang (manufacturing, food and beverage division), KT (broadcasting, communication and information service sector), and POSCO (manufacturing and steel sector) constituted the most prestigious number one group.
Among the outstanding groups were Hyundai Engineering (construction and engineering), SK Hynix (manufacturing, electronics equipment semiconductor), Lotte Chemical (manufacturing, petrochemical) and Korea Water Resources Corporation (public sector).
Focusing on the global sustainable development goal (SDGs) set by 193 UN member countries in 2015, SDGBI is an evaluation of the activity of major corporations and public institutions. SDGBI extends the sustainability evaluation index of existing companies to the entire economy, society, and environment.
This index was based on the Confirmation of Written Statement formally submitted by the association to the High-Level Segment of the United Nations Economic and Social Council in 2015 and 2016. It was formally established in consultation with Special Advisor to the 2015 Post Secretary General (Ms. Amina J. Mohammed) during the 70th UN General Assembly in 2015.
Since the social and economic environment of each country in which the company is founded is different, the United Nations agencies and advisory bodies in these countries are to select model companies and institutions based on 17 SDG goals. At the "UN launch ceremony for SDGs in Seoul," held on August 26, 2015 in Seoul, Korea, CEOs and executives of major global companies declared their participation in the SDGBI and signed an agreement.
Companies included in the index can participate in UN SDGs activities, as well as submit official statements to high-level meetings of the Economic and Social Council. In addition, companies include in the index can participate in the United Nations partnership platform activities and global initiatives, consult with governments on sustainable development policies, and use the official logo of the SDG Business Index.