Danone Enlists New Tool to Manage UN Sustainable Goals

Date : 01/29/2020 @ 12:29PM
Source : Dow Jones News
Stock : Danone (QX) (DANOY)
Quote : 12.0  -0.16 (-1.32%) @ 9:16PM
After Hours
Last Trade
Last $ 12.03 ▲ 0.03 (0.27%)

Danone Enlists New Tool to Manage UN Sustainable Goals

Danone (EU:BN)
Historical Stock Chart

3 Months : From Jan 2020 to Apr 2020

Click Here for more Danone Charts.

By Dieter Holger

 

Danone SA (BN.FR) said Wednesday that it has enlisted a new digital tool to manage its progress on the United Nations Sustainable Development Goals.

The tool, called SDG Action Manager, was created by the UN Global Compact and B Lab, a nonprofit that certifies companies as B corporations which "are legally required to consider the impact of their decisions on their workers, customers, suppliers, community and the environment," it said on its website. There are more than 3,000 companies in the network, including Danone.

SDG Action Manager offers a web-based interface where companies can set targets and track progress on any of the UN's 17 SDGs, which the UN aims to achieve in a decade. The tool lets team members collaborate, set due dates, see the level of risk the SDG presents and follow a percentage progress bar toward an SDG.

"We have recognized the important role that the tool can play in aligning business on a common measurement and encouraging action towards the SDGs," said Emmanuel Faber, chief executive of Danone, in an email.

The French food company, which was a beta tester for the tool, has a direct impact on the zero hunger, good health and well-being and clean water and sanitation SDGs, Mr. Faber said.

"We will use the tool to tangibly understand our own impact and continue our efforts to contribute positively to the SDG targets," he said.

This year, Mr. Faber said Danone will work to partner with more companies to achieve the SDGs, including in two coalitions it helped launch last year: Business for Inclusive Growth, which tackles inequality, and One Planet Business for Biodiversity.

 

Write to Dieter Holger at dieter.holger@wsj.com; @dieterholger

 

(END) Dow Jones Newswires

January 29, 2020 07:14 ET (12:14 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Latest DANOY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.