It’s now almost five years into the UN’s ambitious Agenda 2030 and its 17 Sustainable Development Goals (SDGs); how is Corporate Malaysia and the country as a whole faring towards achieving these goals?

According to the 2019 SDG Index and Dashboards Report, Malaysia ranked 68th out of 162 countries (4th among the ASEAN countries behind Thailand, Vietnam and Singapore).

At KPMG, we believe the opportunities are tremendous for companies to align their business operations with the SDGs. To guide companies towards that end, we’ve compiled valuable insights and guides that can be applied across sectors.

Firstly, we introduce the SDG Industry Matrix which was jointly produced by KPMG International and the UN Global Compact. The Matrix provides industry specific ideas for action with practical examples for each respective SDG, to encourage the private sector to develop innovative approaches regarding a more sustainable and inclusive path to economic growth. This may entail ensuring technologies and services reach low-income earners, ethical resource-efficient supply chains, improving worker skills, and increasing investment in renewable energy.

We also share best practices and recommended approaches on how to report on the SDGs.

Find out more about KPMG's Sustainability Services.

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SDG Industry Matrix : FINANCIAL SERVICES

The Financial Services industry is a vital enabler for the real economy. It supports improved economic well-being which then increases the ability of families and Governments to improve social outcomes.

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SDG Industry Matrix: HEALTHCARE & LIFE SCIENCES

Sustainable changes within our communities have the potential to positively impact our environment, health and wellbeing among others.

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SDG Industry Matrix: TRANSPORTATION

The transportation industry is a major direct contributor to employment, impacting national and global GDP.

SDG Industry Matrix: INDUSTRIAL MANUFACTURING
SDG Industry Matrix: INDUSTRIAL MANUFACTURING

The Industrial Manufacturing sector is experiencing major disruption in the form of IR 4.0. Such disruptions bring not only opportunities, but it is also fraught with challenges – ranging from technology and cyber risks to sustainability.

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SDG Industry Matrix: F&B and CONSUMER GOODS

There are various opportunities for the food, beverage and consumer goods industry to grow but constant disruptions such as emerging technologies, changing consumer preferences, climate change and rising costs continue to pose challenges to companies in this competitive marketplace.

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How to report on the SDGs

With sustainable approaches and developments continuing to transform how we do business, there is a rising need for organizations to measure and disclose their impact on the Sustainable Development Goals (SDGs) to better engage stakeholders, enhance sustainable decision-making processes and strengthen their accountability.