How The UN's Sustainable Development Goals Can Help You Grow Your Business

How The UN’s Sustainable Development Goals Can Help You Grow Your Business

In previous blogs, weโ€™ve touched upon the importance of the UNโ€™s sustainable development goals when it comes to building a better, more equitable future for all. While the goals are altruistic, their implementation will also benefit businesses of all sizes moving forward.ย 

With that in mind, here are just some of the ways in which the SDGโ€™s can help you to grow your business.

The SDG’s can solve the staffing crisis.ย 

Canada is currently facing a rather alarming staffing crisis. For example, โ€œThere were 34,315 vacant nursing jobs in Canada at the end of 2021, a 133% increase from 2019โ€ As these figures are reflected in just about every industry, it’s clear that the problem isnโ€™t going to go away on its own.

โ€œBy working to uphold the UNโ€™s aim to โ€œpromote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for allโ€, business owners can find new ways to fill these vacancies, such as by hiring foreign talent or refugees,โ€ย  said Jon Purizhansky, CEO and Founder of Joblio.ย 

This will enable you to find new employees from your company sooner. rather than later. This will save your business money as you are no longer facing the massive cost of unfilled positions.ย 

Joblio hopes to help achieve this goal – in fact, it was the entire reason we launched the platform. By helping employers across all industries connect with their ideal employees, weโ€™re not only working to reduce the impact of the staffing crisis but also ensuring that people have access to fulfilling and rewarding careers.ย 

This works to directly support refugeesโ€™ economic agency as theyโ€™re able to pursue work that is meaningful and aligns with their talents, instead of being turned away to positions they are already qualified for. For example, a recent survey found that 62% of immigrants aged 15 and over are employed in Canada. While this is considerably higher than in other nations, there is still room for improvement – especially as a considerable amount of able individuals are actively seeking work.ย 

The Sustainable Development Goals empower future innovators.ย 

Through improving access to education (goal four), work opportunities (goal eight) and reducing inequalities (goal ten), weโ€™re building the working landscape of tomorrow. This means that weโ€™re creating more diverse spaces, where new and innovative ideas can be brought to the table. As a result, when hiring a refugee you are bringing in key skills and โ€œdiversity which can enhance local economics and promote innovation and creativityโ€.ย 

โ€œAs a result, in doing so, weโ€™re empowering the next generation of entrepreneurs and innovators who will no doubt change many industries moving forward,โ€ said Jon Purizhansky.ย 

You can read about the success of many refugee-led businesses แƒแƒฅ.

The SDG’s fight poverty.

There are many ways in which sustainable development goals work to combat poverty. In relation to refugees or displaced individuals, these goals are designed to reduce the severe economic pressures they face when settling into their new homes.ย 

Many studies have found that โ€œeconomic poverty was endemic and a growing problem for refugeesโ€, likely because they have limited access to employment opportunities. By providing them with access to fair wages, they can begin to progress through upwards mobility. They have more money to support themselves and their family and as a result, can begin to spend more money too. This benefits the growth of small businesses as theyโ€™ll receive enhanced custom.

When there is more money being spent as a whole, businesses are given the funding they need to thrive. As a result, working towards the UNโ€™s sustainable development goals can prove to be not only rewarding but profitable.

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Seal & Design employee Elizabeth packages some products at the facility in Clarence on Thursday, February 1, 2024. (Photo by Mark Mulville)
"Small changes can help ensure employees from other countries and cultures feel welcome."
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