The Sustainable Development Goals (SDGs) are a collection of 17 global objectives adopted by the United Nations (UN) in 2016 to eradicate poverty, protect the planet and build a peaceful and prosperous world.
These goals expand on the UN’s Millennium Development Goals, which expired in 2015. The 17 SDGs consist of 169 targets that lay out universal action items to address a variety of global challenges such as poverty, hunger, health, education, global warming and gender equality over the next 15 years.
The SDGs recognize the need for strategies that foster economic development to address these challenges and many philanthropists, including the IDP Foundation, have identified the huge potential impact investing can have in promoting prosperity while protecting the planet. We understand the pivotal role impact investing has in accomplishing the SDGs and also our foundation’s mission - to encourage and support innovation, development and progress in many programs addressing critical global issues.
That’s why, in early 2017, we incorporated alignment with the SDGs into our impact investment practices. It is an important part of what we do – the underlying thread that binds our entire philanthropic activities. Today, we proactively gather data from individual fund impact reports and fund managers to create a profile that systematically measures each impact fund according to the SDGs. Read more about our impact investing journey and how we measure impact with our investments.