Business Impacts on the SDGs

BUS30024
Advanced Innovative Business Practice
Business Impacts on the SDGs

Table of Contents
1.0 Introduction..........................................................................................................................3
2.0 What are the SDGs...............................................................................................................3
3.0 Impact on a business when achieving SDGs........................................................................3
4.0 SDG relevant to Grovaz.......................................................................................................4
5.0 Action Grovaz adopt to address the issue to improve performance.....................................5
6.0 Stakeholders that would be impacted by proposed action...................................................7
7.0 References............................................................................................................................8

1.0 Introduction
In this report, we will be discussing about the SDGs and the impact that SDGs brought to an
organisation when they are running a business. We will also deeply discuss about the
organisation, which is mentioned in this case study, Grovaz and related the SDGs to the
company and how to improve the company to achieve the SDGs.
2.0 What are the SDGs
The Sustainable Development Goals (SDG) is established by the United Nation, not only
helping the individual and contrary to the economy, social and environmental issues. It is
aimed to protect our planet and ensure that all people in this planet can enjoy the peace and
glory environment by the year 2030. The reason why is having SDGs is to improve the health
and education system in the poor countries and to reduce the gap between the rich and poor
families. United Nation also hope to build a world that is no poverty, zero hunger, gender
equality, sustainable city, and community within the 17 sustainable development goals
(UNDESA, 2019). Although Malaysia is a wealthy country, but our government still working
hard to solve the challenges while achieving the SDG. For example, Malaysia had working
hard to achieve the goal of economic growth however this also led to another issue which is
the increasing in environmental degradation caused by the environmental resource’s
exploitation (Ismail, 2015). As a part of the country, we need to work hard together with
government to achieves these goals. United Nation hopes that these goals can improves the
quality of life for people and a more stable community so that every country can be more
sustainable and efficient. SDGs also working hard to protect the life on our planet, provide
the community with a better living quality with a clean and sustainable energy.
3.0 Impact on a business when achieving SDGs
SDGs is now a useful tool for a business as SDGs provide a very good chance and
possibilities for the business to develop new strategy and technology. SDGs will provide as a
guideline to help the organisation to determine the contribution of the organisation in the
development of sustainable society. It also helps the business in reducing the negative
consequences and increasing good effects for the peoples on the planet. As an example, if the
company chosen their business path to run their model become more efficient in the progress