Sustainable Development Goals in Company Culture

Abstract

A social entrepreneurship and sustainability are concepts that have become widespread in recent years. There are not many large companies that would not apply a concept of sustainability in their decision making process which results in the possibility that the company will succeed or not. The article deals with a comparison of companies selected from the Dow Jones Sustainability Indices ("DJSI") with another companies compared according to a point evaluation. Another possible comparison method is the use of Yahoo Finance Sustainability Index which provides an additional perspective on the sustainability within the years 2015, 2017 and 2019. Based on the DJSI, selected companies and their performances regarding the SDG ("Sustainable Development Goals") were analyzed. The analysis shows that the area of finance has the highest awareness and the greatest effort to apply sustainability policy. On the other hand, pharmaceutical companies have the lowest level of effort. SDGs are very individual. 53 companies were analyzed in total. Some companies focus on a full-scale fulfillment, some have chosen only specific targets. It is worth mentioning the area of technology where companies focused most on the SDG as a whole, and financial companies devoted themselves to specific goals. The sustainability trend is stable and moves at a constant level for selected companies over the years. Obviously, the social business and sustainability will continue to play a key role in the shareholders‘ decision-making of which companies invest their funds in.