Firms can unlock US$12t via key development goals: study

Davos, Switzerland

COMPANIES could unlock at least US$12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders.

The report, released on Monday by the Business and Sustainable Development Commission, said that pressure on business to become a "responsible social actor" was likely to grow. The group was launched at the Davos 2016 World Economic Forum to encourage businesses to take the lead in poverty reduction and sustainable development.