Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

The Potential of Listed Companies to Finance the Sustainable Development Goals

Author(s): Nicolas Gambetta, Ines Garcia Fronti, Valeska V. Geldres-Weiss, Mauricio Gomez-Villegas, Marcela Jaramillo Jaramillo

 This study aims to gain an understanding of how the listed companies can contribute to finance the Sustainable Development Goals in the Latin America. The private sector should play a highly relevant role, working together with the public sector and the communities to achieve the SDGs. We focus this study on Mexico and aim to identify the gap between the SDGs in which the most relevant industry sectors have the highest potential to contribute to the 2030 Agenda and the level of achievement of the country in these SDGs and then, using content analysis we identify the SDGs that concentrate the communication effort of the listed Mexican companies in the sustainability reports and compare this with the gaps identified in the analysis described before. This study shows that the private sector is not yet contributing to the SDGs in which they are supposed to be in a better position to contribute for being part of a specific industry sector. Additional efforts are needed from the private sector as they have an ethical imperative in sustainability and in creating positive externalities to the society and the environment. 

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