Expert: Businesses need better awareness of sustainable development hinh anh 1Illustrative photo (Photo: VNA)

 Hanoi (VNA) – It is necessary to raise enterprises’ awareness of the importance of as well as advantages and benefits from sustainable development, an expert has said.  

Nguyen Quang Vinh, Secretary General of the Vietnam Chamber of Commerce and Industry and Vice Chairman of the Vietnam Business Council for Sustainable Development, said Vietnam’s business community have had clearer awareness of cooperation opportunities and risks that they may encounter.

However, contributions made by enterprises, especially those operating in the financial sector, to the nation’s sustainable development progress remain limited, he noted.  

Vietnamese businesses are still meeting difficulties in integrating sustainable development goals (SDGs) into their sustainable development reports, he added.

Vinh stressed the need to outline policies to encourage businesses to make sustainable development reports, especially loosing legal procedures to facilitate the process.

Responding to the UN Agenda 2030 for Sustainable Development, 193 member nations approved 17 SDGs of enterprises regarding poverty reduction; education quality; gender equality; clean water and sanitation; clean and sustainable energy; job and economic growth; innovation industry and infrastructure; inequality reduction; urbanization and sustainable community; responsible consumption and production; climate change adaption; water and land resources.

Vinh said 1,500 CEOs worldwide joined the dialogue in New York to discuss the role played by the enterprises in the world’s sustainable development through their business to promote economic growth, create jobs, stablise society and protect the environment.

Thousands of innovation business ideas have been introduced and applied, towards expanding enterprises’ business activities through establishing partnership and business, Vinh noted.

Statistics show the number of enterprises that built sustainable development reports have doubled in the past five years.

However, almost small and medium-sized enterprises (SMEs) – the dominant force in the Vietnamese business community, have not yet known well about sustainable development reports.-VNA