This document is the business report of 2021 Topic 4: the role of business management in pursuing the SDGs. It focuses on three issues: finance, production and consumption, and reducing inequalities.
The final grading : 80%
1. Introduction 1
2. Key Issue One: Financial Impact on Business
2
Managers
Wages and Employee benefits 2
Production and Consumption Costs 3
New Technological Development 4
3. Key Issue Two: Reducing Inequalities 5
Managing Disabilities in Workplace 5
Overcoming Gender Inequalities 6
Empowering Small Scale Suppliers Over Mass Producers 7
4. Key Issue Three: Responsible Consumption 8
Recycling 8
Reducing Climate-Related Hazards 9
Affordable Clean Energy 10
5. References 11
6. Appendix A TurnitIn 15
, 1. INTRODUCTION
The expectation that all business, globally, should implement the United Nation’s Agenda
2030, more commonly known as Sustainable Development Goals (SDGs), have massively
impacted businesses. The purpose of the SDGs is however critical to have a better
performing global society. The purpose of Agenda 2030 as stated by the UN is “A plan of
action for people, planet and prosperity and to strengthen universal peace in larger
freedom.” (United Nations, 2015).
South Africa is named as one of the nine-country movers of the SDGs, because of the
leadership in domestically implementing the SDGs. (Bekele-Thomas, Dayal, Afonso-
Gallegos,de Jongh, Fourie, Mkhize, Muller & Schaefer, 2018). In South Africa, business
managers are most affected by Agenda 2030. Business plays a fundamental role in, job
creation, economic growth, and providing sustainable livelihoods for South Africans. The
SDGs influence South African businesses in three ways: financially, where businesses are
expected to provide staff with higher wages, invest in new technology while keeping
production costs while responsibly consuming and producing. Secondly reduce
inequalities, no persons should be limited based on biases, business are expected to
provide jobs regardless of gender and disabilities. It is also the responsibility of businesses
to reduce supplier monopoly by investing in smaller suppliers. And lastly, sustainable
consumption, the resources the business uses are supposed to encourage eco-conscious
activities, with what they consume and what they produce.
The end result of United Nations’ Global Goals is aimed at reducing the inequality by
uplifting society’s most vulnerable individuals. However, business managers first have to
realign there objects to accomplish these goals be 2030.
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