The UN Global Compact launched the SDG 16 Business Framework in June 2021 that introduced Transformational Governance to drive responsible business conduct, improve sustainability performance, and strengthen public institutions, laws, and systems.

The authors interpret Transformational Governance as a call to broaden our perspectives on several areas: (1) Mindset on sustainability, (2) Dimensions of impact areas, (3) Time frame and materiality to evaluate the impacts of our decisions, and (4) Scope of our responsibilities.

Dr. Yılmaz Argüden, Gizem Argüden Oskay, Dr. Erkin Erimez

18 September 2024