4.6 Article

SDG Platforms as Strategic Innovation Through Partnerships

Journal

JOURNAL OF BUSINESS ETHICS
Volume 180, Issue 4, Pages 1041-1057

Publisher

SPRINGER
DOI: 10.1007/s10551-022-05194-y

Keywords

Sustainable Development Goals; Qualitative research; Multi-stakeholder partnerships; Innovation platforms; Systemic change

Funding

  1. Danish Innovation Fund [7039-00043B]
  2. Copenhagen Business School's MSC World Class Research Environment 'Governing Responsible Business' fellowship

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This paper examines the use of SDGs by organizations and explores why private organizations are using multi-stakeholder SDG platforms as a strategic tool. The findings suggest that the speed, impact, and scalability of SDG platforms drive cross-sector collaboration. The larger ambition of these platforms is to shift the focus from profit outputs to SDG impacts and outcomes, envisioning a business landscape based on SDG innovation.
This paper examines organizational use of the United Nations' Sustainable Development Goals (SDGs) and why private organizations are using multi-stakeholder SDG platforms as a strategic tool for achieving the goals. Whereas the SDGs' predecessors, the Millennium Development Goals (MDGs), were specifically formulated for governmental adoption, the SDGs stand apart in inviting diverse stakeholders, including private industry, to participate in sustainable development. Literature is emerging about how private industry can engage in the SDG framework. We aim to contribute to the sustainability and cross-sector partnership literatures by examining the motivations of organizations that partner into SDG platforms. This research started as an exploratory study to understand how corporations use the SDGs strategically, and we identified platforms as a means of strategic corporate engagement with the SDGs. Our findings are based on semi-structured interviews and documents, and they focus on four Danish SDG platforms: UNLEASH, Hello Science, Fra Filantropi til Forretning (From Philanthropy to Business), and the SDG Accelerator. The findings suggest that speed, impact, and scaling of SDG innovations are features of SDG platforms that motivate cross-sector, boundary-spanning collaboration. We suggest that the larger ambition of the platforms is to shift the value framing from profit outputs to SDG impacts and outcomes, ultimately imagined as a business landscape based on SDG innovation; and we propose a model to reflect the SDG platform process structure.

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