SDG10 aims to "Reduce inequality within and among countries".

It has associated aims that include:
  • Progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average

  • Empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status

  • Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard

  • Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality

  • Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations

  • Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions

  • Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies

Overview

This SDG calls for reducing inequalities in income as well as those based on age, sex, disability, race, ethnicity, origin, religion or economic. It also addresses inequalities among countries, including those related to representation, migration and development assistance. Reducing inequalities and ensuring no one is left behind are integral to achieving the Sustainable Development Goals.

Inequality within and among countries is a persistent cause for concern. Despite some positive signs toward reducing inequality in some dimensions, such as a reduction in relative income inequality in some countries and preferential trade status benefiting lower-income countries, inequality still persists.

Inequalities are also deepening for vulnerable populations in countries with weaker health systems and those facing existing humanitarian crises. Refugees, migrants, indigenous peoples, older persons, people with disabilities and children are particularly at risk of being left behind. And hate speech targeting vulnerable groups is rising.

How can we pursue SDG10?

The objectives of SDG10 are to promote equality in society.  Businesses can do their bit to help achieve its goal.

Actions by individuals and organisations may include:

  • Develop products and services tailored for poor customers (e.g. mobile-based money transfer services for unbanked consumers).
  • Improve access to basic goods and services for people living in poverty e.g. through core business, policy dialogue, and social investment.
  • Recruit, train and employ local community members, including those living in poverty, and integrate them into your value chain (as producers, suppliers, distributors, and vendors).
  • Invest in business-driven poverty eradication activities (e.g. develop a living wage policy).
  • Partner with civil society networks to provide education and entrepreneurial skills training.
  • Be an equal opportunity employer.
  • Through personal and corporate voluntary/charitable work help people better themselves and experience others from diverse backgrounds.

Purpose-led Leadership

Good Dividends in partnership with QuoLux™ provide purpose-led leadership training programmes to enable leaders to align their businesses with Sustainable Development Goals.