Stars4SD Launches a Methodology for Sustainable Business Administration

Stars4SD is proud to announce the development of a methodology aimed at driving positive change and inspiring responsible business practices. To realize its ambitious objectives, the project has pursued the development of a framework which serves as a comprehensive guide, offering invaluable insights to entrepreneurs into meeting the five selected Sustainable Development Goals (SDGs). The framework is connected to the Stars4SD self-assessment mechanism and award system, designed to recognize and reward entities actively undertaking measures aligned with these SDGs. Business organizations, chambers of commerce, and business agencies are also encouraged to leverage this methodology to implement the Stars4SD award system within their markets. Furthermore, youth and environmental organizations can utilize the methodology to advocate for sustainable practices and incentivize their adoption.

Key Components of the Stars4SD Methodology:

● Provides an overview of the Stars4SD initiative and the need for a new framework in business administration.
● Defines the perceived needs of youth entrepreneurs regarding sustainability
● Includes the benefits for entrepreneurs resulting from promoting the SDGs in their business
● Describes the relevance of the five SDGs with businesses and explains the award system
● Presents concrete actions to guide the continuous use of the Stars4SD Methodology

By helping other organizations to incorporate the award system and promote the selected SDGs, Stars4SD aims to create a global network of businesses contributing to a more sustainable and equitable future.

The Stars4SD project

Stars4SD is an Erasmus+ project that aims to strengthen youth entrepreneurship and promote youth active citizenship and innovation, by providing support for young entrepreneurs and trainers about the importance of five Sustainable Development Goals (SDGs) – namely provide quality education to youth entrepreneurs, gender equality, decent work and economic growth, reduced inequalities, and responsible consumption and production – by providing a methodology and guidance on how to meet these SDGs, and also by rewarding young entrepreneurs who take the necessary steps to meet the SDGs.

Find out more about the Stars4SD Methodology here.