A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies

Research background: In 2015, the United Nations (UN) set the 2030 Agenda for Sustainable Development and established 17 Sustainable Development Goals (SDGs) containing the social, economic, and environmental pillars of sustainable development. These focus on governments, society, non-profit organis...

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Autores: Peña García-Pardo, Isidro, Muñoz Castellanos, Rosa María, Andrade Mancebo, Silvia María, Martínez Rodríguez, Isabel
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Universidad de Castilla-La Mancha
Repositorio:RUIdeRA. Repositorio Institucional de la UCLM
OAI Identifier:oai:ruidera.uclm.es:10578/33029
Acceso en línea:https://doi.org/10.24136/oc.2023.015
https://hdl.handle.net/10578/33029
Access Level:acceso abierto
Palabra clave:SDGs
Sustainability
Business results
Spanish companies
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repository_id_str
spelling A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companiesPeña García-Pardo, IsidroMuñoz Castellanos, Rosa MaríaAndrade Mancebo, Silvia MaríaMartínez Rodríguez, IsabelSDGsSustainabilityBusiness resultsSpanish companiesResearch background: In 2015, the United Nations (UN) set the 2030 Agenda for Sustainable Development and established 17 Sustainable Development Goals (SDGs) containing the social, economic, and environmental pillars of sustainable development. These focus on governments, society, non-profit organisations, and the private sector. This last pillar plays a key role in the pursuit of these goals, but there remains a lack of knowledge regarding how companies achieve the SDGs. Purpose of the article: Some authors have analysed the effect of companies’ adoption of the SDGs on their business performance. However, there is a gap in the analysis of this influence when considering the groups of SDGs. This study examines the level of commitment of a sample of Spanish companies with a grouping of the SDGs and their effects on business results.Methods: We obtained information on companies from the UNGC and developed a panel regression. Findings & value added: We concluded that all the SDGs do not have the same effect on companies that incorporate them into their activities. Although it is possible to make progress in all the SDGs, complementarities and trade-offs influence companies’ results. The results obtained in this study incorporate new ideas into this issue and provide a new vision of how companies should incorporate sustainability into their businesses. It is not a question of achieving as many sustainable development goals as possible, but rather of focusing on those that can contribute the most to improving business performance. The clustering of the SDGs that we have undertaken and their subsequent analysis facilitates this work.Institute of Economic Research202420242023info:eu-repo/semantics/articleapplication/pdfapplication/pdfhttps://doi.org/10.24136/oc.2023.015https://hdl.handle.net/10578/33029reponame:RUIdeRA. Repositorio Institucional de la UCLMinstname:Universidad de Castilla-La ManchaInglés2022-GRIN-34053info:eu-repo/semantics/openAccessoai:ruidera.uclm.es:10578/330292026-05-27T07:36:41Z
dc.title.none.fl_str_mv A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
title A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
spellingShingle A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
Peña García-Pardo, Isidro
SDGs
Sustainability
Business results
Spanish companies
title_short A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
title_full A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
title_fullStr A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
title_full_unstemmed A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
title_sort A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: an analysis for Spanish companies
dc.creator.none.fl_str_mv Peña García-Pardo, Isidro
Muñoz Castellanos, Rosa María
Andrade Mancebo, Silvia María
Martínez Rodríguez, Isabel
author Peña García-Pardo, Isidro
author_facet Peña García-Pardo, Isidro
Muñoz Castellanos, Rosa María
Andrade Mancebo, Silvia María
Martínez Rodríguez, Isabel
author_role author
author2 Muñoz Castellanos, Rosa María
Andrade Mancebo, Silvia María
Martínez Rodríguez, Isabel
author2_role author
author
author
dc.subject.none.fl_str_mv SDGs
Sustainability
Business results
Spanish companies
topic SDGs
Sustainability
Business results
Spanish companies
description Research background: In 2015, the United Nations (UN) set the 2030 Agenda for Sustainable Development and established 17 Sustainable Development Goals (SDGs) containing the social, economic, and environmental pillars of sustainable development. These focus on governments, society, non-profit organisations, and the private sector. This last pillar plays a key role in the pursuit of these goals, but there remains a lack of knowledge regarding how companies achieve the SDGs. Purpose of the article: Some authors have analysed the effect of companies’ adoption of the SDGs on their business performance. However, there is a gap in the analysis of this influence when considering the groups of SDGs. This study examines the level of commitment of a sample of Spanish companies with a grouping of the SDGs and their effects on business results.Methods: We obtained information on companies from the UNGC and developed a panel regression. Findings & value added: We concluded that all the SDGs do not have the same effect on companies that incorporate them into their activities. Although it is possible to make progress in all the SDGs, complementarities and trade-offs influence companies’ results. The results obtained in this study incorporate new ideas into this issue and provide a new vision of how companies should incorporate sustainability into their businesses. It is not a question of achieving as many sustainable development goals as possible, but rather of focusing on those that can contribute the most to improving business performance. The clustering of the SDGs that we have undertaken and their subsequent analysis facilitates this work.
publishDate 2023
dc.date.none.fl_str_mv 2023
2024
2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://doi.org/10.24136/oc.2023.015
https://hdl.handle.net/10578/33029
url https://doi.org/10.24136/oc.2023.015
https://hdl.handle.net/10578/33029
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv 2022-GRIN-34053
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Institute of Economic Research
publisher.none.fl_str_mv Institute of Economic Research
dc.source.none.fl_str_mv reponame:RUIdeRA. Repositorio Institucional de la UCLM
instname:Universidad de Castilla-La Mancha
instname_str Universidad de Castilla-La Mancha
reponame_str RUIdeRA. Repositorio Institucional de la UCLM
collection RUIdeRA. Repositorio Institucional de la UCLM
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,300724

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