Sustainable Development Goals (SDG) Report: Reducing Income Inequality at Sainsbury's

SUSTAINABLE
DEVELOPMENT GOALS
(SDG) REPORT

Table of Contents
INTRODUCTION...........................................................................................................................3
LITERATURE REVIEW................................................................................................................4
DISCUSSION..................................................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Inequality is considered as phenomenon of unequal or unfair distribution of key growth
opportunities and resources among individuals in the society or business world. It is one of the
most common topics in the recent time that has been discussed as contemporary issue. As it
impact on well-being, productivity, effectiveness and capability of those candidates, who work
harder to reach specific aim or position, but still unable to work productively, as they face issues
at work areas in term of gender, race, and different types of inequalities. It divided into different
categories such as income, pay, wealth, etc. which put direct impact on mental and physical well-
being of humans. It can be said that inequality might be considered in different terms or
perspectives, all of which are connected. It emerges as contemporary business problem, which
drive the attention of several organizations whether it is small or large, public or private, towards
conducting those practices that help to reduce inequality at their premises.
It is important for any firm to take action to eliminate this type of practice conducted at
work area, by anyone whether it is leader, manager or co-workers. Inequalities are not only
emerged and measures by income, but also identified by other forces as well like ethnicity,
origin, age, sexual orientation, etc. For purpose of reducing inequalities and practices regarding
this term, in the corporate world, firm utilized several tactics and approaches. For example, they
attempt to develop those strategic plans through which management creates positive and
productive working environment by taking initiative to provide fair growth chances.
The current assignment will be based on specific sustainable development aim and that is
to reduce inequality, which affect in negative manner upon number of individuals when they are
working within a company. This unfair treatment is conducted on the basis of income, or pay, for
which people work harder and efforts a lot to achieve strategic aims and objectives. For purpose
of conducting research based on chosen topic or goal, case study as particular research approach
will be utilized. According to this method, specific case of contemporary business will be chosen
and that is Sainsbury, as it face several problems of pay inequality at work area and deal with
several complains about the same topic from employees due to accounting system. The study
will shed light on selected sustainable development goal in term of literature review and depth
discussion about the same in organizational context.

LITERATURE REVIEW
Inequality refer to practice of conducting unfair or discriminative practices within an
organization, workplace or business. According to, Tchamyou, Asongu and Odhiambo, (2019),
income inequality is one of those factors that directly put negative impact on accounting
operation of a company, in term of putting a lot of pressure on management to change the way
they structure salary or wage of male as well as female employees. Accounting department in the
organizations is responsible to pay fair wages to everyone, without conducting any unethical
practice, as it may affect effectiveness and productivity of staffs and also lead to decrease their
performance level. When they conduct unfair practice as income inequality and take action to
pay differently to male and female, it may contribute to create legal challenges for them, which is
not that easy to resolve as it directly put negative impact on a brand image & their reputation. It
may affect negatively upon companies in term of losing profitable stakeholders, such as
investors, workers, etc. who may do not tend to work with those firms within these accounting
and other types of operational units conducted discriminative practices.
Nolan, Richiardi and Valenzuela, (2019) stated that accounting is one of the most
important functions of successful companies or ventures, because it is responsible to retain
skilled candidates by providing them fair wages and creating structure of salary on the basis of
their absenteeism, work, etc. not in term of gender, colour, race and other factors. They may
contribute to reduce income gap between men and women's by providing access to earn in fair
manner. For example, they may conduct practice of fair salary division, which is equal in term
and beneficial for the companies where people may get chance to earn money on the basis of
what they did and commit, instead of what personality and looks they have. Furthermore, they
may drive their attention towards female growth and development by developing effective plan
that help to solve range of environmental as well as social issues. For instance, within
organizations, accounting section may contribute to reduce inequalities at workplace in term of
providing job opportunities to female's or household women's who are unable to earn money or
obtain salary like male does, by working same. It may impact on their mental abilities and
physical well-being. They may train new female candidates and give the key opportunity to
utilize their accounting or budgeting skills, which drive the attention towards becoming
independent human being. In the recent decades, females, especially married women's are facing
issue to run their family and fulfil the needs of family members, they work hard to earn money.