scholarly journals Evaluating Standards for Private-Sector Financial Institutions and the Management of Cultural Heritage

2020 ◽  
Vol 8 (1) ◽  
pp. 1-14
Author(s):  
Andrew R. Mason ◽  
Meng Ying

ABSTRACTFinancial institutions typically avoid projects that will have a significant adverse effect on cultural heritage because it creates unwelcome risk and can affect their reputation. For bank clients, adverse project effects on cultural heritage can result in reputation risk, impede access to finance and insurance, increase operational costs, and jeopardize on-time and on-budget delivery of projects. To address this risk, financial institutions implement environmental and social policy frameworks that include specific requirements for the consideration of cultural heritage. This article examines the place of cultural heritage in the lending practices of 25 of the world's largest private-sector banks and its relevance for heritage practitioners who may be retained to provide advice, review or undertake fieldwork, and prepare studies in keeping with the private-sector bank policies and external standards described. The article concludes with a recommended best practice for private-sector financial institutions, a call to action for heritage practitioners to advocate for robust safeguards, and a call for support of the UN's Sustainable Development Goals by both heritage practitioners and private-sector financial institutions.

2021 ◽  
Vol 13 (14) ◽  
pp. 7738
Author(s):  
Nicolás Gambetta ◽  
Fernando Azcárate-Llanes ◽  
Laura Sierra-García ◽  
María Antonia García-Benau

This study analyses the impact of Spanish financial institutions’ risk profile on their contribution to the 2030 Agenda. Financial institutions play a significant role in ensuring financial inclusion and sustainable economic growth and usually incorporate environmental and social considerations into their risk management systems. The results show that financial institutions with less capital risk, with lower management efficiency and with higher market risk usually make higher contributions to the Sustainable Development Goals (SDGs), according to their sustainability reports. The novel aspect of the present study is that it identifies the risk profile of financial institutions that incorporate sustainability into their business operations and measure the impact generated in the environment and in society. The study findings have important implications for shareholders, investors and analysts, according to the view that sustainability reporting is a vehicle that financial institutions use to express their commitment to the 2030 Agenda and to higher quality corporate reporting.


2016 ◽  
Vol 3 (2) ◽  
pp. 71
Author(s):  
Annalise John ◽  
Elizabeth Gamarra ◽  
Melissa Bird ◽  
Rachel L. Wright ◽  
Caren J. Frost

The health of women is a crucial component to family and community wellbeing. However, social work scholars have not been very engaged in research pertaining to the health needs of women. With the Grand Challenges of Social Work becoming a major element for national discussion and with the revision of the UN Sustainable Development Goals (SGD) in 2015, we wondered how connected the 12 Grand Challenges and the 17 SDGs were. We searched the social work literature from 2005 to present to identify what salient publications were available about women’s health and then connected them to the current themes of the Grand Challenges and SDGs. There are no more articles to review in the social work literature. Using a feminist social work framework, we summarize the topics covered in these articles and define a call to action for more scholarly work on women’s health in the context of current national and global conversations about this social justice issue.


2020 ◽  
Vol 12 (4) ◽  
pp. 1445 ◽  
Author(s):  
Francesco Cappa ◽  
Federica Rosso ◽  
Antonio Capaldo

As organizations are increasingly involving individuals across their boundaries in the generation of new knowledge, crowd involvement can also be beneficial to cultural heritage organizations. We argue that in an “Open Innovation in Science” approach, visitors can contribute to generate new scientific knowledge concerning their behavior and preferences, by which museum managers can re-design the cultural offerings of their institutions in ways that generate major economic and social impacts. Accordingly, we advance visitor-sensing as a novel framework in which museum managers leverage digital technologies to collect visitors’ ideas, preferences, and feedback in order to improve path design and the organization of artwork in exhibitions, and to shape a more satisfying museum experience for visitors. We contend that visitor-sensing has the potential to yield higher numbers of visitors, with positive impacts in terms of increased revenues and increased literacy of the general public, thus benefiting the economic and social sustainability of cultural organizations towards the achievement of the Sustainable Development Goals outlined in the Agenda 2030.


2020 ◽  
Vol 9 (2) ◽  
pp. 54
Author(s):  
Soma Ghosh

There has been a long-standing demand on businesses to play an increasingly larger role in sustainable development. This demand is for issues that contribute to the creation of a sustainable world; ranging from poverty alleviation to climate change. The United Nations’ Sustainable Development Goals (SDGs) were unanimously adopted by 193 UN member states in September 2015 and calls upon the central and diverse role that the private sector can play to deliver on the SDGs during the 15-year period, 2016-2030. This paper has two major contributions: First, it analyzes member companies of Business Call to Action (BCtA), an international initiative launched at the United Nations in 2008, to identify SDGs that are most impacted by the private sector. Second, the global analysis draws attention to the role of the private sector in addressing the sustainability challenges in five geographical regions of the world, through their contributions to the SDGs. Using the ‘five Ps’ framework, the results show that some SDGs are more impacted than others, thereby implying that these SDGs will substantially benefit from the success of the private sector while others could be left behind. The findings provide practical recommendations for businesses and stakeholders to use BCtA members as role models to integrate specific SDGs into their business activities and thereby contribute to the achievement of the SDGs.


2018 ◽  
Vol 8 (3) ◽  
pp. 114
Author(s):  
Saddam Rassanjani

The eradication of poverty is the top priorities of the Indonesian government. This study examines the poverty reduction program in Indonesia within the framework of the global development agenda that is the Sustainable Development Goals (SDGs), and the discussion focused on Goal 1 (No Poverty). This qualitative research offers a critical review of Goal 1 the SDGs in Indonesia by outlined some potential factors in achieving this gracious mission. And it can be highlighted that; converging of agendas; a collaborative-partnerships; well-established poverty reduction program, alternative funding like Zakat; the innovation of database; and learning from the best practice; are likely will be the key factors that might influence the achievement of SDGs.


2020 ◽  
Vol 13 (3) ◽  
pp. 71
Author(s):  
Chiara Di Gerio ◽  
Gloria Fiorani ◽  
Giuseppe Paciullo

Large-scale events, which are characterised by a dynamic complexity involving different national public administrations and institutional levels, require special attention in order to select adequate event management systems. Consequently, the analysis of a best practice event may be useful to identify the main variables, in terms of sustainable strategic planning, execution and control –required to achieve the greatest level of efficiency with regard to cost optimisation and quality of service delivery– along with exhorting the public sector to seek a structural renovation that makes better use of its available resources and fosters global sustainable growth. From this perspective, one such relevant experience has been the Italian case of the 2016 Extraordinary Jubilee of Mercy, coordinated by the Prefect of Rome. Indeed, the latter decided to adopt actions consistent with sustainability standards due to an inter-institutional network design and the engagement of institutions at different levels. Within a very short period, the Prefect of Rome achieved three main results: the coordination of the activities of the working groups, the integration of internal and external surveillance and communication systems, and collaboration with higher education institutions to acquire and disseminate knowledge. Accordingly, the aim of this paper is to describe and analyse this best practice event organised and managed by the Italian public administration with reference to the achievement of the UN’s Sustainable Development Goals (SDGs). To systemise and combine the outcomes of these processes, as well as to evaluate whether they were consistent with sustainable development, the systems thinking technique was used. This paper explores the concept of sustainable development and focuses on its traditional social, environmental and economic pillars within the context of planned events such as the 2016 Extraordinary Jubilee of Mercy.


Author(s):  
Bismi Annisa ◽  
Sri Hartati Dewi ◽  
Harmiyati ◽  
Vauzhea Sherlina ◽  
Gryanda Wahyu Sugeng

The SDGs or Sustainable Development Goals are the 2030 Global Development Agenda which has become a commitment from all countries in the world, including Indonesia. Goal 6 Clean water and sanitation aims to ensure the need for clean water is adequate for all levels of society. Achieving these goals is highly dependent on community participation to help accelerate the SDG's program in the clean water and sanitation sector. The need for clean water can be met by utilizing the existing clean water supply while taking into account the impact on the environment. Rainwater has the potential to become a clean water resource by utilizing a simple rainwater harvesting system consisting of gutters, piping systems, and water tanks. By utilizing rainwater resources, it can help reduce the use of groundwater due to overexploitation of groundwater. Service activities are carried out online and offline together with partners SMPN 06 Pekanbaru by build Rain Water Harvesting (RWH) construction; so that later the RWH building can become a pilot activity/ best practice for other schools and the surrounding community.


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