Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain in respect of how the City Corporation can demonstrate its commitment to the UN Sustainable Development Goals (SDGs).

In response to a query concerning the application in respect of the City’s investment portfolio, the Chamberlain confirmed that this was being explored as part the new stewardship plan being developed for the Financial Investment Board, particularly within the context of the City’s commitment to the principles.

RESOLVED: That:-

1.         The three themes of action for the City Corporation be approved as set out in the report.

2.         The Chair of Policy and Resources be authorised to make a statement on the City Corporation’s commitment to playing its role in achieving the SDGs by 2030 and commit the organisation to embedding relevant SDGs into strategy development, implementation and reporting.

3.         £10k per annum for three years be released from the Policy Initiative Fund for the membership fee to the UN Global Compact.