In 2015, the United Nations proposed the "2030 Agenda for Sustainable Development" and established Sustainable Development Goals (SDGs) covering three dimensions: the environmental, economic and social. There are 17 goals with 169 specific targets serving as plans of actions. SDGs have initiated a new era of sustainable development, setting out visions for the survival of humanity and sustainability before 2030.
The fulfillment of corporate social responsibilities (CSR) also promotes a more sustainable human society. The connection of CSR and UN SDGs is expected to bring the objectives of sustainable development to the world. If one can comply with SDG guidelines and carry out all-level implementation, including the formulation of sustainable policies, relevant measures and the provision of welfare, it will bring considerable sustainable development opportunities.
The SDGs set forth the most pressing environmental, social, and economic issues in the world. Therefore, their importance to stakeholders in various industries continues to increase and they have since become the focus of attention of governments and companies worldwide. SDGs have in store opportunities for business growth. Thus, companies adopting advance planning as they become engaged with every aspect of SDGs can enjoy the advantage of core competence. In order to integrate SDGs into corporate development strategies and consider sustainability risk management and opportunities as well as industry value chain, Taiflex thoroughly analyzes SDGs to master the meaning of CSR and make substantial contributions to sustainable development.