SDGs 2030

Goal 10: Reduced Inequalities | SDGs 2030

By September 7, 2020No Comments

How business can contribute to reduced inequalities?
1.      Provide adequate wages
Establish global minimum standards for living wages and social benefits for your own employees.2.      Adopt responsible taxation
It can be done by simply respecting the applicable laws regarding taxation and other contributions to social protections and involvement of transparency practices.
3.      Engagement with Government
Consider how legal reform can contribute to greater social equality. Provide support to Governments in the establishment and expansion of social protection measures for the vulnerable and marginalized groups. This can include advocating for social reforms that contribute to equality.4.      Provide a safe workplace
Provide opportunities for discriminated groups at the workplace: include members of LGBT community into the work team, offer opportunities to people with disabilities. Implement and enforce policies and practices to ensure non-discrimination and the quality of work that is offered. Set standards on reviewing use and protection of personal data.
5.      Consider needs of disadvantaged groups
Companies can create products and services that would be affordable to disadvantaged and marginalized populations, including not only physical goods but also financial services, such as microfinance with soft pay-back conditions and simplified procedure of application process and financial access.
6.      Supply chain
Implement living wage throughout the supply chain. Support small suppliers and the ones who have profit sharing agreements with workers or hybrid ownership models that give workers a share of the business. Provide training workshops to help suppliers identify and rectify instances of wage discrimination and unfair treatment.