Implementing Methods To Maintain Sustainable Development Goals In An Organization
The corporate social responsibility case reflects the good behavior model of a reputable business. An esteemed firm is one which respects national and international law. It is also regarded as one which observes its legal responsibilities towards human rights, environmentally friendly and accepting all conditions that is presented by the united nations and international communities. As decent work and economic growth are just as important sustainable goal for all firms, BT financials’ work to pursue it improves its overall financial and economic advantage. Only when firms can follow the rules behind CSR with the support of their stakeholders can there be a virtues case of a successful business.
Introduction
As corporate social responsibility is the broad approach for corporations to be accountable to provide social, economic and environmental benefits for all stakeholders and clients. It is to also be accountable to maintain a Sustainable development goal for a progressive society, one which is known as Decent work and economic growth. This report will introduce some methods to maintain economic growth and decent work by using various incorporate evidence from different sources.
Defining decent work and economic growth for BT Financials
Decent work and economic growth mean to promote higher levels of productivity and technology innovation; also helping the overall economy prevail out of a slower growth. It also means to widen inequalities within the labor force and help create more jobs and opportunities for society. In BT financials has the utmost responsibility to advocate decent work and economical growth with the workforce. BT financials believe all members of society should be given the chance to employ their skills depending on every person’s acquisition. It is BT financials’ role to implement techniques and various ways to overcome our responsibility for maintaining Corporate social responsibility.
Decisions taken by the managers.
a. Promoting better working conditions In BT Financials, managers provide policies which can help employees with working conditions that are in fact broad-based. Promoting better working conditions requires taking actions on the job demands and job resources. This means addressing any issue that is related to occupational safety and health risk from arising when working in various conditions. It also means promoting opportunities for learning and a better work-life balance and accommodating workers health problems
b. Pay rate and labor standards. Another Decision taken by Managers to promote decent work and economic growth is being genuine with labor standard and wages. One of BT financial decisions is to encourage decent work by recognizing the earnings of its workers and how not practicing labor wages can undermine employees by placing their requirements below maximum performance. Promote the adoption of high-performance work practices to improve the quality of the working environment and the performance of firms, with a special focus on small and medium enterprises. Where necessary, allow minimum wages to vary by group (to reflect differences in employment barriers) and/or by region (to reflect differences in economic conditions) – bearing in mind that simple minimum wage systems are most likely to achieve high compliance.
c. Gender equality. BT financials believes in building a coherent, rational and sustainable wage policy, one decision taken by the managers is acknowledging the wage gap between men and women. Eliminate the gap in earnings quality between men and women and promote rational income growth for both groups, by introducing and strongly enforcing legislation prohibiting discrimination in hiring, pay and promotions based on gender. d. Applications for economic growth and stability within our natural resourcesIt should be noted that it is not limited for firms to be only concern of having a profit-seeking business but rather be conscious of our world’s environment and natural resources. It isn’t always the case for a firm to make profit but rather to make daily rational decisions on inventory or price based on what is best for the ecosystem and how can we utilize the most with the least without being aligned with risk or public harm.
e. Advance more equitable and sustainable social protection systems. BT financials believes having the right balance between work cover and employment incentives by ensuring that policies to extend social protection coverage and ensure enough benefit levels are combined with policies that encourage productive economic activity and formal employment. For example, by empowering productive skills and employment levels and expanding the set of available employment opportunities through active labour market policies & effective employment services. Also, social protection systems are enough to meet the needs of the population now and in the future, as to ensure their corporate social responsibility, while also ensuring their efficient design and financial sustainability.
f. Checking workplaces are comprehensive in respect to workers with disability or mental health concerns. Improving the resources workers must deal with their job demands also involves catering for their diverse needs. BT financials believes that supporting workers to have a better work-life balance. It is the company’s concern to foster more comprehensive workplace for employees with a physical disability or long term mental/physical health problem. For workers who have disabilities, providing needed workplace support can directly improve their working conditions as well as their well-being and productivity. This requires strengthening the role employers, in co-operation with workers’ representatives, to retain and hire workers with disabilities and to make the necessary adjustments to adapt their needs.
Solutions
BT financials conceives in these decisions taken by the managers and believes practicing them will help improve decent work and economic growth. We strongly argue for a firm to have decent work for it is vital for the workplace to accommodate every worker’s need in respects to his wage, safety and wellbeing. Further than that, to be conscious of our natural resources regarding production BT financials has put forward an application for economic growth to diminish our misuse of natural resources. Providing mental protection for those workers who do need it as well as ending the gender inequality unfairness is also an interest for decent work and economic growth.
Conclusion
When the United Nations implemented these sustainable development goals, such as economic growth and decent work, it is because every firm and workplace should be accountable to maintain them and help create a progressive society. Every workplace should be responsible for the economic, social, environmental and political affairs of all clients and stakeholders hence many problems facing the business world in distress would’ve been dissolved. As workers if we can follow these sustainable development goal and be more responsible with our cooperation then can we see a virtues case of successful business.
