Taxation

 

Fountain pen on tax

Chair

Bill Sample
Vice President – Tax
Microsoft Corporation

Vice Chair

Timothy M. McDonald
Vice President, Finance & Accounting, Global Taxes
The Procter & Gamble Company

Vice Chair

Will Morris
Deputy Global Tax Policy Leader
PwC

Staff

Carol Doran Klein
Vice President and International Tax Counsel
202-682-7376 or cdklein@uscib.org

Erin Breitenbucher
Senior Policy & Program Associate and Office Manager, Washington
202-682-7465 or ebreitenbucher@uscib.org

Working Groups / Subcommittees

BIAC/ICC Subcommittee

Inbound Investment Subcommittee

Legislative and Administrative Developments Subcommittee

Tax Treaties Subcommittee

Transfer Pricing Subcommittee

Working Group on Consumption Taxes

Working Group on the Digital Economy

Working Group on Environment and Energy Taxes

Working Group on Financial Services Issues

Working Group on Permanent Establishment Issues

What’s at Stake for Business

  • Multiple sets of inconsistent rules drive up costs and result in double taxation.
  • Double taxation will have a negative impact on global trade and investment.

Current Priorities

  • Provide leadership and business perspective on key OECD projects including BEPS, transfer pricing guidelines for intangibles, permanent establishment rules.  USCIB works closely with BIAC on OECD issues.
  • Urge the OECD to consider the need for a predictable fiscal environment that will protect and encourage cross-border trade and investment in the context of developing and implementing BEPS recommendations.
  • Support enactment of foreign tax simplification provisions in the IRC that would significantly reduce the burden of complexity for U.S. companies and enhance their international competitiveness.
  • Successfully manage the 2018 OECD International Tax Conference in Washington, DC on June 4-5, 2018.

USCIB at Work

USCIB plays a leading role in advocating sound, consistent international taxation policies and opposes any efforts to unfairly increase the tax burden on companies in several forums:

  • At the OECD, leading voice through BIAC informing policymakers on the unintended negative consequences resulting from unilateral actions.
  • At the UN, providing business input at the UN’s Committee of Tax Experts including on changes to the UN Model and UN Transfer Pricing Guidance.
  • In Washington, promoting business interests to U.S. Treasury and House Ways and Means and Senate Finance Committees on International Tax Reform and U.S, competitiveness.

Recent Advocacy Engagement

The Committee has a deep technical knowledge of the practical applications of tax policy and works to prevent any policies that may have unintended negative consequences.  USCIB is also:

  • Engaging with the OECD by submitting comment letters and participating in Public Consultations and informal consultations on BEPS to advocate for the need of effective dispute resolution and clarity in guidance regarding all BEPS outcomes.
  • Citing business concerns with BEPS and noting the threat of double taxation and its negative impact on global trade and investment in letters sent to U.S. Treasury Secretary Jacob Lew.
  • On the Steering Committee of the BIAC Taxation Committee where we influence both agenda setting and policy development in the OECD.

Who We Are

The USCIB Tax Committee is composed of USCIB member companies representing a range of business and industry sectors. Advocacy priorities are determined that reflect consensus among the members.

Mission

The Committee works to enhance the competitiveness of U.S. business by promoting sound, appropriate and consistent international tax policy and also to prevent and eliminate government policies that result in double taxation in a range of strategic forums:

  • The OECD, particularly on the Action Plan on Base Erosion and Profit Shifting (BEPS)
  • The United Nations
  • The U.S. Department of Treasury

Recent Accomplishments

News Stories

Multilateral Effort Needed to Address Tax in Digital Economy (10/2/2017) - In response to recent European Union proposals concerning taxation of the digital economy, Business at OECD (BIAC) expressed deep concerns that unilateral action for the taxation of the digital economy will lead to serious distortions in markets and global value chains.
OECD Business Communicators to Meet in Ireland (9/18/2017) - Continuing its efforts to re-frame the global narrative on trade and economic openness, on October 12-13, Business at OECD (BIAC) will hold its 2nd Heads of Communications Roundtable in Dublin and Cork, Ireland.

Read More

Press Releases

USCIB Statement on the U.S. Election Results (11/9/2016) - USCIB congratulated Donald Trump on his election as president, saying a top priority for the new administration should be a strategy for U.S. engagement with the wider world.
USCIB Welcomes Treasury White Paper Criticizing EU State Aid Investigations (8/24/2016) - USCIB welcomed the U.S. Treasury’s statement criticizing the European Commission’s ongoing state aid investigations, aimed at recouping prior-year tax benefits.

Read More

Big Turnout on Capitol Hill Raises Alarm on NAFTA Talks

Last week, as the fourth round of talks between the United States, Canada and Mexico on the future of the North American Free Trade Agreement unfolded, USCIB joined many of its members and other associations in flooding Congressional offices on Capitol Hill, raising serious concern over the direction of talks. According to Eva Hampl, USCIB’s director of trade and investment policy, who took part, private-sector representatives spent a full day talking to House Republicans as well as a few Democrats, mainly staff members but also including a few members themselves.

Hampl stated: “The views from House offices varied from understanding the problems presented by statements coming from many U.S. negotiators and administration officials, to having a few specific issues they cared about, to not yet having decided a position on NAFTA modernization. We spent a good amount of time explaining to those who were bogged down in specific issues, or those who did not yet care, that the key elements of the U.S. trading system of the U.S. are at risk.”

Worrisome, and potentially protectionist, proposals coming from the U.S. side in the NAFTA talks address rules of origin, government procurement, investor-state dispute settlement, and a proposed sunset provision that would essentially force NAFTA to be renewed at regular intervals.

“At the same time, a lot of progress is being made in the negotiations in chapters such as customs, digital trade, and in the regulatory space,” Hampl noted. “The U.S. could certainly log a win in this modernization effort if NAFTA 2.0 included those provisions.” But she said there is “great concern” in the business community that NAFTA is being set up to fail with some of the proposals that are being tabled.

USCIB co-sponsored a reception on the sidelines of the NAFTA talks, where Hampl amplified USCIB’s central message of urgency, noting that USCIB members rely on the agreement and its benefits for their operations, which provide jobs for U.S. workers. “NAFTA has done a lot for the U.S. economy and USCIB member companies over the last 23 years, so while this is a great opportunity to bring this agreement into the 21st century, if the existing benefits are lost, that effort will be significantly undermined,” she said.

Another Capitol Hill business lobbying day is planned for October 24. At the conclusion of the fourth round of NAFTA talks, negotiators agreed to defer the next round by at least a month, and to extend negotiations at least through the first quarter of 2018. The next round is slated to begin November 17 in Mexico.

Mulligan Talks NAFTA at CSI Summit

Rob Mulligan at CSI

USCIB Senior Vice President for Policy and Government Affairs Rob Mulligan spoke at a Coalition of Services Industries (CSI) summit earlier this week on USCIB’s North American Free Trade Agreement (NAFTA) priorities.

USCIB members have benefited from NAFTA and believe the current negotiations should ensure that the beneficial parts are preserved, that is ‘do no harm,’ while also taking advantage of the opportunity to improve it in areas that were not addressed two decades ago.

Mulligan noted that NAFTA can be brought into the 21st century by including provisions that ensure cross-border data flows, include strong e-commerce rules, protect against data localization requirements, and level the playing field for firms competing against state-owned enterprises.  More can also be done to improve the customs processes with Canada and Mexico.  Increased transparency in the publication of laws, regulations and procedures would improve customs administration. And bringing de minimis thresholds into relative alignment would facilitate trade, especially for small businesses. All of these steps will help U.S. businesses grow and create jobs.

However, Mulligan raised concerns over several moves by the U.S. during the fourth round of negotiations, “Recent U.S. proposals for a sunset clause, to restrict government procurement, allow an opt out of ISDS, and impose new content requirements for autos will not expand trade and we are concerned that they could force eventual failure of NAFTA that would severely impact the U.S. economy and millions of jobs that are tied to NAFTA.”

Mulligan noted that while USCIB member companies strongly support NAFTA and have greatly benefited from it over the last 23 years, they want the governments to avoid changes to existing parts of NAFTA that would harm trade rather than expand it.

USCIB Huddles with US Mission in Geneva

USCIB’s Shaun Donnelly at meetings in Geneva

On the margins of the UN Conference on Trade and Development  (UNCTAD) meetings in Geneva, USCIB Vice President for Trade Services Shaun Donnelly went to the U.S. Mission (i.e. the multilateral US Embassy) to UN agencies for a morning of meetings on October 12. Donnelly, a retired State Department ambassador, had a wide-ranging, hour-long meeting with the U.S. Mission Chargé D’affaires Ted Allegra in the absence of a new U.S. Ambassador (yet to be nominated.)

Donnelly also had a roundtable with U.S. Mission staff managing U.S. participation on a range of UN agencies including the International Labor Organization, World Health Organization, WIPO, Human Rights Commission and the World Trade Organization. They discussed concerns of USCIB and its members on policies, budgets, and business access in several Geneva agencies.

Donnelly noted afterwards, “I really appreciated the opportunity to sit down with U.S. Chargé in Geneva Ted Allegra, an experienced and respected diplomat, and to highlight priorities and policy concerns of our members.”

Donnelly and other USCIB staff routinely stay in close contact with various staffers in the U.S. mission in Geneva. “But the opportunity to voice our key concerns directly to the acting U.S. Ambassador in Geneva was both timely and useful,” he added.

USCIB Testifies on China WTO Compliance

In response to Federal Register notice 82 FR 36071, USCIB Director, Investment, Trade and Financial Services Eva Hampl, provided oral testimony on Wednesday, October 4 to the U.S. government interagency Trade Policy Staff Committee (TPSC) regarding China’s compliance with its WTO commitments on behalf of USCIB and its members.

“USCIB and its members understand and appreciate that U.S.-China economic relations are complex and multifaceted, and American business holds a direct and important stake in this relationship and in its success,” noted Hampl in her testomony.

The testimony amplified priority issues for USCIB members, in addition to the written submission made in September. The Q&A session following the oral statement included questions from the various agencies on issues of regularly transparency, technology transfer, trade secrets, discriminatory industrial policies, and agricultural biotech.

On IT security measures, Hampl emphasized, “The Cybersecurity Law, which went into effect in June of this year, establishes a number of burdensome restrictions on the cross-border flow of data and establishes intrusive security reviews of equipment and services used by network operators and operators of critical information infrastructure.” Hampl therefore urged the U.S. government to continue to press for full suspension of all existing and proposed measures involving trade-restrictive requirements in this area.

In addition to discussing these issues with the interagency committee, Hampl emphasized USCIB’s support of continuing negotiations of a US-China Bilateral Investment Treaty (BIT), expressing USCIB’s hope that efforts to conclude a high-standard BIT will soon resume on the remaining issues.

2018 OECD Tax Conference

SAVE THE DATE!

The 2018 OECD International Tax Conference

 June 4-5, 2018

Four Seasons Hotel, Washington D.C

This annual conference provides a unique opportunity for the U.S. business community to interact with key representatives from the OECD Centre for Tax Policy and Administration, including the new Head of the Transfer Pricing Unit, Tomas Balco, the new Head of theTax Treaty Unit, Sophie Chatel, and senior tax officials from the U.S. and other key countries involved in the OECD’s international tax work. The conference will focus on the latest developments in the taxation of multinational enterprises including tax treaties, transfer pricing, the work of the Task Force on the Digital Economy, dispute resolution and more.

For more information, please contact Erin Breitenbucher (202-682-7465 or ebreitenbucher@uscib.org).

2017 Final Agenda

2017 Topics:

  • Tax Reform Trends
  • Improving Tax Certainty
  • Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI)
  • Transfer Pricing
  • Dispute Resolution
  • Inclusive Framework on BEPS & Developing Countries

2017 Featured Speakers:

  • Mark Prater – Chief Tax Counsel and Deputy Staff Director for the Republican staff of the U.S. Senate’s Committee on Finance
  • Pascal Saint-Amans – Director of the Center for Tax Policy & Administration, OECD
  • Martin Kreienbaum – Director General, International Taxation, Federal Ministry of Finance, Germany
  • Mike Williams – Director, Business and International Tax, HM Treasury
  • Doug O’Donnell – Commissioner, Large Business and International (LB&I) Division, IRS
  • Grace Perez-Navarro – Deputy Director of the CTPA, OECD
  • Achim Pross – Head of International Cooperation and Tax Administration, OECD
  • Jefferson Vanderwolk – Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division, OECD
  • James Karanja – Head of joint OECD/UNDP Tax Inspectors Without Borders (TIWB) Initiative
  • Will Morris – Chairman, BIAC Committee on Taxation and Fiscal Affairs
  • Other Senior Treasury and Foreign Tax Policy Officials

More on USCIB’s Taxation Committee

2017 Conference Sponsored By:

EY_Logo

 

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PWC

 

VERTEX Logo

 

exxonmobil

 

 

Black Deloitte Logo

 

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Print

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Exhibitors:

 

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Corptax_WEB

 

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Presented by:

USCIB logo

OECD

Business at OECD Logo - 2016

In association with:

IFA Logo
ITPF
NFTC logo
Organization for International Investment
TCPI
Tax Executives Institute, Inc.

Shared Interests in the SDGs: Business Makes It Happen at UNGA72 USCIB Side Event

Left to Right: Kyra Kaszynski, Deloitte; Elliott Harris, UNEP New York Office; Chantal Line Carpentier, UNCTAD NY Office; Norine Kennedy, USCIB

USCIB held a side event on September 22 at the end of the UN General Assembly opening week for its members, government and UN representatives on “Shared Interests in the Sustainable Development Goals (SDG’s): Business Makes It Happen,” hosted by USCIB member Pfizer.  The objective of this meeting, chaired by Novozymes CEO Peder Holk Nielsen, who also serves as USCIB board member and sustainability “champion,” was to explore the opportunities for improved transparency and cooperation in the United Nations that would scale up cooperation and partnership with U.S. business to deliver the SDG’s.

In his opening comments, Nielsen stated that the United Nations is part of the infrastructure that U.S. business depends on in commercial activity around the world, and looks to the U.S. government to work with U.S. companies for outcomes that reflect good governance and advance economic benefits both overseas and domestically. “Business understands the SDG imperative of ‘No one left behind’ to mean ‘everyone must get involved to make a difference, including business,’” he said.

Side event presenters, Diane McMahon of Bechtel and Kyra Kacszinski of Deloitte reviewed the findings of USCIB Expert Roundtables on Data Analytics for the SDG’s, and on Ingredients for Impact in SDG Public Private Partnerships (see other articles in this special edition newsletter for more information).

Norine Kennedy, who leads USCIB’s work on the SDG’s, discussed the pivotal role that the private sector has played in supporting UN sustainable development work, including the climate agreement and the SDG’s, and the recognized role that business has in the International Labor Organization (ILO) and in the Financing for Development process, among others.  These integrated inter-actions have created ambitious and widely accepted sustainable development initiatives that continue to move ahead with vigorous U.S. business support, as evidenced in the USCIB Businessfor2030 web platform.

These positive examples and UN reform proposals to embed the UN Agenda for 2030 across UN programs and priorities, and make UN discussions more inclusive and transparent to the public, including the private sector, are indications of willingness for transparent and constructive dialogue and action.  Kennedy suggested 3 steps towards enhanced business engagement as part of that reform:

  • Involve recognized business community organizations throughout UN deliberations to identify and assess issues, provide technical expertise, inform deliberations and serve as a resource for implementation
  • Favor multi-sectoral discussions, in combination with sectoral discussions
  • Pursue “shared interest” models that open doors to all business sectors to work transparently and constructively with the UN, based on good governance.

Discussants from UNCTAD, UN Environment Programme (UNEP) and United Nations Department of Social and Economic Affairs (DESA) added their views on how to help move ahead to tap business resources.  Elliott Harris of UNEP reminded the meeting about the differences in language, time frame and scale between public and private sector expectations and contributions.  While the United Nations sees a very big picture, the private sector focuses on direct and near term action.  He encouraged USCIB to seek ways to build bridges between those points of view as part of its ongoing work to enhance business involvement and contribution on the SDG’s.  Chantal Line Carpentier  of UNCTAD stated that if UN discussions don’t bring in private sector, it will be extremely difficult to frame the right policies and market actions.  Some fear the perception that UN development work is being “privatized,” and she encouraged USCIB to prioritize clear public-private partnership guidance that reflects the lead role of governments and IGO’s, in which business works to support and leverage resources for common benefit, rather than solely for private profit.

Thomas Gass, assistant secretary general of the DESA concluded the meeting with reflections about the challenges and opportunities ahead.  The SDGs are a declaration of interdependence, he said, that relies on the private sector along with other societal partners.  Gass warned against the SDG’s becoming an empty concept; U.S. business is critical to keep the SDGs moving through innovation and partnership.  He stated that sustainability has to be placed in national contexts, especially those of the least developed countries that cannot cope with negative ecological impacts of larger and wealthier nations, and welcomed USCIB’s focus on analyzing and framing data for analysis and prioritized SDG action as a key contribution in that regard.

USCIB will follow further SDG-related deliberations in this year’s UN General Assembly, working closely with the International Chamber of Commerce and International Organization of Employers, to advocate for transparent and inclusive business involvement.  Although the Business Makes It Happen side event marked the end of the UNGA high level sessions, USCIB regards its interactions and recommendations as a starting point to continue developing member ideas and action by a full range of U.S. business sectors to strengthen international cooperation on the SDGs as a platform to spread prosperity and opportunity around the world and in the U.S.

Please contact Norine Kennedy or Gabriella Herzog to find out more about USCIB’s positions on SDGs and the role of business in UN reform.

 

USCIB Experts Roundtable on Enhancing Impact of SDG Public Private Partnership

While partnerships are a widely accepted means to complement government policy and implementation, USCIB’s Business Experts Roundtable on Enhancing Impact of SDG Public Private Partnerships (PPP’s), which was held on the margins of the UN General Assembly, zeroed in on the special attributes and expectations relating to such partnerships for SDG implementation.

The Roundtable, hosted by Deloitte in New York, provided feedback from experts and invited speakers from companies, the U.S. government and UN entities to comment on what they considered to be the essential ingredients for impact when it came to designing and implementing those cooperative approaches.

Kay Thompson, Deloitte, served as a facilitator for the session, and encouraged the speakers to reflect on failures as well as successful experiences in their experience with SDG partnerships.

Justin Perrettson, Novozymes, who also serves as vice chair of USCIB’s Environment Committee, offered opening comments on the misperception by many of partnerships as an “easy option.”  Many of the important elements for success and resilience in partnership appear after the initial memorandum of understanding, in their implementation.  Any discussion of ingredients for impact would have to prioritize PPP execution along with PPP design.

Thomas Debass, who represented the State Department Office of Global Partnerships, highlighted the innovation and new ideas that private sector entities can bring to governments and inter-governmental organizations via partnerships.  Many companies have moved to embed the SDG’s into their business model, and this is a development that will certainly extend the positive impact of PPP’s.

Stefanie Amadeo, of the U.S. Mission to the United Nations, added to that observation, reflecting that the UN could learn a great deal from the private sector in SDG PPP design and implementation.

Charles North, U.S. Agency for International Development (AID), reminded the meeting of AID’s long history and experience in partnering for development with business; these experiences lend themselves to data mining to help understand the specific circumstances that enable success and impact.  More recently, he noted that the longest running and most effective PPPs are those in which the private sector partner sees core business opportunities, beyond corporate philanthropy and social responsibility.  He concluded by identifying challenges ahead on SDG PPPs, particularly those relating to differences in language and expectation between public and private sector partners.

Vinicius Pinheiro of the International Labor Organization (ILO) spoke about 3 main elements for impact in SDG partnerships: shared values, clear and concrete commitments and follow-up mechanisms.

Helen Medina of Nestle, and a former USCIB staffer, observed that corporate culture is fundamental in SDG PPPs, and that is a major factor in Nestle’s approach.  For Nestle, almost any business activity involves partnership in some form, hence it is regarded as an integral part of doing business.  The SDGs resonate with Nestle’s strong focus on corporate responsibility, which is expressed in actions at the community level as well as from Nestle’s C-suite.

Sahba Sobhani, UNDP, talked about the ability of the UN system and network to bring multiple business platforms together on a large scale for impact, for example recently on disaster response.  The UN provides an essential ingredient for impact in its capacity building work, including with business groups in country.  He flagged the 3 C’s for SDG PPP impact: Convening, Catalyzing and Mobilizing Capital.

Livio Vanghetti of PMI described the challenges of internal transformation as the company moves to reinvent itself and its products, while still advancing SDG PPPs through their supply chains and local farmers.

Tara Nathan, MasterCard also emphasized the importance of commercial frameworks that can support innovative partnerships, whether through data or supply and value chains links.  For SDG PPP impact, these frameworks should be sought out and aligned with SDG implementation.

Alex Assanvo of Mars shared his experience with SDG PPPs and the need to translate what the SDGs set out into practical changes across diverse and often disconnected business functions, including procurement.  Bringing development agency partners together with business partners can require multiple attempts until the right arrangements and flexibility can be reached.

Throughout the Roundtable, speakers agreed that delivering the SDG’s depends on involvement of the private sector, and a substantial component of that practical contribution will come through partnerships.

USCIB’s SDG Working Group will develop a white paper that will capture and expand on the areas mentioned in this Roundtable, with a focus on U.S. business and the role it can play to scale up the impacts of SDG PPP, working collaboratively through U.S. government and in the context of the United Nations system.

Please contact Norine Kennedy or Gabriella Herzog for more information

USCIB Experts Roundtable on Understanding Big Data for Business Action on SDGs

OECD Secretary General Angel Gurria, alongside USCIB CEO and President Peter M Robinson

USCIB convened a Business Experts Roundtable on Data Analytics for the UN Sustainable Development Goals (SDGs) and National Reports, on September 19, kindly hosted by KPMG.  This session, held on the margins of UN General Assembly (UNGA) week, was intended to start a conversation about how to organize, analyze and improve on frameworks to present and analyze SDG-related data, with a focus on private sector approaches that are already in use.

OECD Secretary General Angel Gurria opened the meeting with a statement of wholehearted commitment by the OECD to advancing SDG action by governments.  He reminded the meeting of extensive data and assessment that the OECD has gathered, but also recognized that the quantity and variety of metrics is overwhelming.  He expressed appreciation for U.S. business involvement on these topics through the Business and industry Advisory Committee to the OECD, and looked forward to further insight that business could offer in organizing what is becoming “too much” of a good thing: data and metrics on SDG action and impact.

USCIB members offered two presentations as examples of business thought-leadership in this area.  Tam Nguyen and Michael Yamoah, Bechtel, described a textual analytics framework to strengthen the business case within the company for SDG action.  The overall objective in the company was to shift from SDG reporting to formulating a strategy that would be integral to the entire business process: new business development, design, building and operation.  Text analytics of national voluntary reviews did provide a structured approach to organize and make sense of voluminous amounts of unstructured data related to business lines, markets and SDG’s.

Gaya Branderhorst, KPMG, provided an overview of dynamic risk analysis (DRA) and its applicability to tracking SDG actions.  In her presentation, DRA is well-suited to sustainability science, reflecting the inherent inter-connections of the SDG’s.  A systems dynamic approach to gauging progress will need to elicit multiple experts, and involve all levels of an organization or company.  This is especially relevant to emerging issues and innovation, which may not be visible to the top levels of a government, inter-governmental and business entity.

Jennifer Park, a representative from the U.S. Office of Management and Budget, observed that the U.S. government also tracks dozens of statistics and other metrics, and spoke about the need for a structure that would allow a “full picture” of sustainable development status and progress.  Carolien DeBruin of C-Change underscored the need to bridge between top-down data gathering and interpretation and working and grassroots experiences in practice.  Manu Bhardwaj of Mastercard provided a perspective on data poverty in developing countries, and the barriers that poses for SDG action.  He described recent efforts in the Mastercard Center for Inclusive Growth to work with the OECD on utilizing private sector information from consumer transactions to help inform SDG policy priorities.

National governments and other important societal partners are expected to take action on the 17 goals and 169 targets of the SDGs, but governments and business now face the challenge of how to measure progress on multiple and integrated fronts, and then communicate it to important stakeholders.  In addition, many stakeholders are seeking more disaggregated data, which adds another level of complexity.  For business, that means reaching internal audiences as well as investors to demonstrate value and benefit of a company’s SDG involvement, while national governments seek to demonstrate to their public and the international community – perhaps through Voluntary National Reviews to the UN High Level Political Forum – that they are delivering on their commitments.

Some governments have invited and reflected business information and metrics in their VNRs, but these are still in the minority, so a related question concerns a closer look at good practices in public consultation and gaining a better understanding of what business-generated or held information relating to SDG progress could also be useful to governments.

USCIB’S SDG Working Group will explore these and other dimensions of how to structure and understand data on SDG action and impact, and share further private sector experiences and suggestions in this regard.

Please contact Norine Kennedy (nkennedy@uscib.org) or Gabriella Rigg Herzog (gherzog@uscib.org) for more information about the USCIB SDG Working Group.

USCIB Rolls Out Updates to Businessfor2030.org

Business for 2030 homepage logoOn the occasion of the high-level opening of the UN General Assembly in New York, USCIB announced new additions and improvements to the Businessfor2030 web platform. USCIB built the platform in 2015 to showcase business engagement on the UN Sustainable Development Goals (SDG’s), and provide a public resource for businesses and others on SDG relevance, process, partnerships and implementation. The Business for 2030 website, www.businessfor2030.org, features new content in two areas: a just-launched “explore by company” page and featured blog posts on the importance and opportunity of UNGA for U.S. business.

The scale and ambition of the 2030 Development Agenda creates a tremendous opportunity for the private sector to demonstrate the central role it plays in sustainable development and human prosperity and to serve as an essential partner to bridging the gap in finance and technical capacity necessary to meet the challenge of achieving the SDG’s. The Business for 2030 site showcases business’ past and continuing contributions to sustainable development through the prism of the SDG’s. The goal of the site is to stimulate a more productive partnership between the public and private sectors at the UN and at national levels and to demonstrate the need for a proportionate role for business in the negotiations, implementation and follow-up mechanisms of the 2030 Development Agenda at both the UN and at national levels

The all new “Explore by Company” page on the Business for 2030 website allows users to filter by company for case studies of business contributions to the SDG’s, and complements the “Explore by Goal” page. The new page also simplifies the website’s search functions, aiding users who are looking for company-specific information.

The Businessfor2030 blog also included two new posts relating to UNGA:

  • What to Watch for During UNGA Week” features a DEVEX article that highlighted António Guterres’ UNGA debut as secretary-general, UN reform, President Donald Trump’s speech to the UN and humanitarian crises. It also flags the recognition of the need for private-sector engagement in order to achieve the SDG’s.
  • USCIB President and CEO Peter Robinson also contributed a featured post on the blog to reflect on where business fits into the complex multilateral and multi-dimensional challenge of the Agenda for 2030. The blog discusses how good governance and support from the private sector can help to achieve the SDG’s and sets out three broad challenges for SDG implementation by business: inclusiveness, innovation and information. Robinson commends the progress that has already been made, while simultaneously asking more of both the business community and the UN community in the future.

The Business for 2030 Twitter account (@bizfor2030) tweeted out specific case studies throughout the UNGA week linked to specific SDG’s and USCIB events. We invite companies to continue contributing their case studies to the Business for 2030 web platform by contacting Kristen Bauer (kbauer@uscib.org).