Effectiveness of Risk Management Factors aligned Sustainability Development Goal: ACase Study of Developing Country Pakistan

Abstract

United nation developed the Goal of Sustainability and risk management is playing pivotal role

through mitigating uncertainty and threats which are accord in financial, environmental,

economical, and social systems. long-term sustainability development essential by effective

risk management. This research paper exploring the risk management framework with

Sustainability Development Goal, quantitative analysis provide empirical study assessing risk

factors and their impact on SDGs, risk management strategies is fostering about climate

change, financial in-stability and social-economics disparity. Statistical modeling analysis

through Smart – PLS version 4 & SPSS version 25 Software. Total 400 Questionnaire

distributed among the micro level business enterprises and gathered 317 which are suitable for

data analysis, research’s Data analysis provides, risk assessment matrices and alleviate poverty.

Results showing that the employees mixed method approach valuable due to incorporating

regression analysis, findings explain proactive risk management approach positively enables

sustainability development outcomes by reducing poverty and improve adapting capacity. This

research also point-out policy implication to governments policy makers, corporations and

international development organization to strengthen risks governance with align decision

achieving sustainability objectives and goals. The study highlights best practices and

innovative solutions for managing risks related to poverty, health, education, and

environmental protection, ultimately contributing to a more resilient and sustainable future.