# Frameworks

### Key information

There are many frameworks created to assist companies and major stakeholders in the financial industry to form their sustainability goals and implement the necessary changes to achieve them.

We have identified 4 key frameworks which are having a big positive impact:

#### 1. United Nation's Sustainable Development Goals (UN SDGs)

* The 17 SDGs are at the heart of the 2030 Agenda for Sustainable Development which was adopted by United Nations' members in 2015.

![Source: UN](https://www.un.org/sites/un2.un.org/files/styles/large-article-image-style-16-9/public/field/image/e-sdgs-poster-768x456.png?itok=8izxypZC)

#### 2. Doughnut Economics

* The Doughnut is the creation of economist and Oxford professor Kate Raworth.
* The social foundation is the minimum social standards we want for humanity, based on the UN SDGs.
* The ecological ceiling highlights the nine planetary boundaries set out by John Rockström and his colleagues. Beyond which lie catastrophic environmental changes.
* Between these two limits, is 'the safe and just space for humanity' to operate in sustainably.

![Source: Kate Raworth](https://upload.wikimedia.org/wikipedia/commons/thumb/1/12/Doughnut_%28economic_model%29.jpg/1200px-Doughnut_%28economic_model%29.jpg)

#### 3. Principles for Responsible Investment

* Created by the PRI, these six principles intend to guide investors on how to act in order to create a more sustainable global financial system for the future.
* The PRI has almost 4000 signatories now made up of institutional investors.

![](https://pbs.twimg.com/media/EzVdeDUVEAgNeS1?format=jpg\&name=4096x4096)

#### 4. Sustainability Accounting Standards Board (SASB)

* Reporting and accounting standards are crucial to the business world, allowing companies to understand themselves better and facilitating transparency between firms, shareholders and investors.
* The SASB has developed standards specific to 77 industries, identifying the ESG issues most relevant to financial performance.

### Our favourite video

{% embed url="<https://www.youtube.com/watch?ab_channel=UNICEFGeorgia&v=M-iJM02m_Hg>" %}

### If you want more

{% embed url="<https://sdgs.un.org/goals>" %}

{% embed url="<https://www.kateraworth.com/doughnut/>" %}

{% embed url="<https://www.unpri.org/about-us/what-are-the-principles-for-responsible-investment>" %}

{% embed url="<https://www.sasb.org/about/>" %}


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