Abstract

ABSTRACT
 Studies on the extent of realization of the sustainable development goals from the perspective of manufacturing firms in Nigeria are sparse. Accordingly, this study investigates: the extent sustainable development goals have been realized by manufacturing firms in Nigeria; the extent the social strand of sustainable development goals has been realized by the firms; the extent the environmentalstrand of sustainable development goals has been realized by the firms and the difference between the extent of realization of the social and environmental strands of the sustainable development goals by these firms. To achieve the above objectives, primary data set was collected from the 2017 annual reports of ten manufacturing firms in Nigeria using content analysis. The collected data were analyzed using t test and wilcoxon signed rank test for related samples. The results of the analysis indicate that: the extent of realization of sustainable development goals by manufacturing firms in Nigeria is insignificant, the extent of realization of the social strand of sustainable development goals by the firms is significant and the extent of realization of the environmental strand of sustainable development goals by the firms is insignificant. The result further shows a significant difference between the extent of realization of the social and environmental strands of the sustainable development goals by the firms. The results of this study offer insight that would enable policy makers to insist on tighter environmental measures for manufacturing firms in Nigeria.

Highlights

  • The need to ensure sustainability in virtually every aspect of social, economic and environmental issues has continued to top the agenda in business world but in every political consideration

  • This suggests that the performance of the ten studied manufacturing firms with respect to their efforts to key into sustainable development goals is above average

  • The table indicates that this performance level of the manufacturing firms is traceable to their social strand which has a mean of 65%, which is above average, and environmental strand with a mean of 29.99%

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Summary

Introduction

The need to ensure sustainability in virtually every aspect of social, economic and environmental issues has continued to top the agenda in business world but in every political consideration. Each contemporary corporate economic, social and environmental decision cannot be said to be complete without the sustainability contemplation. Sustainability-related issues get growing attention amongst companies [Boeva, Zhivkova & Stoychev, 2017]. Governmental political decisions are very often expected to be influenced by sustainable development considerations. As noted by Galbreath, Singh & Van der Zahn [2008, p. “Sustainability is current one of the more hotly contested issues in the media, and at governmental and business levels”

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