SDG 8 Decent Work and Economic Growth is a continuation of my series on the SDGs.
“The 17 Sustainable Development Goals (SDGs) define global sustainable development priorities and aspirations for 2030 and seek to mobilize global efforts around a common set of goals and targets. The SDGs call for worldwide action among governments, business and civil society to end poverty and create a life of dignity and opportunity for all, within the boundaries of the planet.”
SDG 8 Decent Work and Economic Growth
- Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
- Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
- Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
- Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-year framework of programmes on sustainable consumption and production, with developed countries taking the lead
- By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
- By 2020, substantially reduce the proportion of youth not in employment, education or training
- Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms
- Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment
- By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
- Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
- Increase Aid for Trade support for developing countries, in particular least developed countries, including through the Enhanced Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries
- By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization
Companies that have reported on SDG Goal 8 include Praxair and Novartis.
Praxair, an American global industrial gases company, has established Sustainable Development Priorities in an effort to contribute to achieving the SDGs in numerous places along its value chain. This involves increasing its positive impacts and reducing its negative impacts. Examples of SDG 8 that are featured among its targets for the period between 2016-2020 include spending with suppliers, contributing community service projects, and improving employee engagement. These targets can be found in its 2016 Sustainable Value Report.
Novartis, a global healthcare company based in Basel, Switzerland, provides in its Corporate Responsibility Performance Report 2016 the alignment of its GRI disclosures and SDG 8 in its GRI Content Index. Here are examples of information depicted in the index and its specific disclosures.
Stay tuned for SDG 9!