Commitment of travel and leisure firms to sustainable development goals

This study investigates the interdependencies of commitments to Sustainable Development Goals as reported by travel and leisure firms active in the United Nations Global Compact Programme. Descriptive statistics reveal that SDG 8 'economic growth and decent jobs' (88%), SDG 13 'climate action' and SDG 5 'gender equality' (SDG 5) (78% each) as well as SDG 12 sustainable production and consumption (75%) are the goals most commonly committed to. Estimation results from the multivariate probit model show that a firm committing to one SDG will likely also dedicate itself to another. Thus, there is a strong positive correlation between the commitments to SDGs 8 and 13, as well as between the SDGs 5 and 8. This indicates that SDG 8 and SDG 13, on the one hand and SDG 5 and SDG 8, on the other, are not seen as contradictory by the firms.