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.
- AIt restricts CSR spending to partnerships registered as Section 8 companies only
- 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
- CIt requires every company to form a joint venture with a foreign entity for CSR
- 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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