Business & the SDGs – Role of Corporations

Big companies, governments, and civil society all play a role in global development. However, Western multinational corporations (MNCs) have the most influence, especially in major industries. Key Points: Who dominates? – Large Western companies, especially in mining, oil, tech, pharma, and food industries. Voluntary sustainability – Companies choose to be sustainable rather than following strict government rules. Government role – Instead of forcing companies to act responsibly, governments often support businesses and encourage them to lead sustainability efforts.