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CS Professional · CSR and Social Governance · CSR and Sustainable Development Goals

Meridian Ltd.'s CSR Committee is told that SDG 17 is 'Partnerships for the Goals'. A director asks which description best captures the intent of this goal and how it relates to a company's CSR work. Which is correct?

SDG 17 seeks to strengthen the means of implementation and revitalise global partnerships among governments, business and civil society. A company's collaborative CSR projects with implementing agencies support it. It does not mandate joint ventures or limit CSR to specific entity types.

  1. AIt restricts CSR spending to partnerships registered as Section 8 companies only
  2. BIt strengthens the means of implementation and revitalises global partnerships involving governments, business and civil society, so collaborative CSR projects with implementing agencies support itCorrect
  3. CIt requires every company to form a joint venture with a foreign entity for CSR
  4. DIt deals only with trade tariffs between nations and has no link with CSR

Explanation

SDG 17 aims to strengthen implementation means and revitalise multi-stakeholder partnerships across government, private sector and civil society. Collaborative CSR with implementing agencies fits this. It imposes no joint-venture or registration requirement on companies, and is not limited to tariffs.

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