UN Global Compact Network USA Releases New Report on Sustainable Finance in the U.S.

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- The UN Global Compact Network USA (Network USA) has released a new report highlighting the U.S. private sector's pivotal role in supporting global sustainability through innovative financial strategies. "Driving Progress: Sustainable Finance for the Advancement of the Sustainable Development Goals (SDGs)" explores how American businesses leverage sustainable finance to address the world's most pressing challenges while generating competitive returns. With up to $4 trillion a year needed in financing to achieve the SDGs by 2030, the report underscores the urgent need for increased private sector investment and collaboration. The report was unveiled in Phoenix in conjunction with the annual Green Biz conference, which attracted over 6,000 attendees.

"Driving Progress: Sustainable Finance for the Advancement of the SDGs" serves as a guide for American businesses uniquely positioned to finance sustainable options to expand their profitability. Case studies from industry-leading companies like Citi, the International WELL Building Institute (IWBI), and International Motors illustrate actionable strategies for scaling these initiatives.

The report also calls on companies to adopt innovative instruments such as sustainability-linked loans and green bonds while setting ambitious, measurable targets to maximize their impact.

"As home to one of the world's most powerful financial markets, the U.S. private sector stands at the forefront of this opportunity to lead and inspire a global shift toward a more sustainable future," said Richard Pearl, Acting Executive Director of UN Global Compact Network USA. "This report showcases the potential for private-sector innovation across a variety of industries to drive transformative progress on the SDGs, making sustainability a cornerstone of future investments."

Multiple studies have shown how sustainable financing outperforms traditional investments in recent years. This reflects a shift towards more eco-conscious financial practices, with positive outcomes for both society and the environment and long-term returns. At its core, these investments represent a strategic approach that creates value by prioritizing long-term sustainability, managing risks effectively, and meeting the evolving expectations of investors, consumers, and stakeholders.

Download the full report here to learn more about the U.S. private sector's role in advancing sustainable finance.

About UN Global Compact Network USA

UN Global Compact Network USA (Network USA) is the U.S. Chapter of the United Nations Global Compact, the largest corporate sustainability initiative in the world. Network USA is a powerful network of companies and stakeholders dedicated to advancing the Sustainable Development Goals. By connecting partners with the resources of the greater UN, Network USA supports companies that are committed to fully integrating its principles of human rights, labor, environment, and anti-corruption into their business strategies and operations. To learn more, visit GlobalCompactUSA.org.

SOURCE UN Global Compact Network USA