Decent Work & Economic Growth

The United Nations Sustainable Development Goals (SDGs) are a set of 17 interconnected goals that aim to promote sustainable development and address global challenges such as poverty, inequality, climate change, and environmental degradation. The SDGs were adopted by all United Nations Member States in 2015 as part of the 2030 Agenda for Sustainable Development. The SDGs are a call to action for all countries, organizations, and individuals to work together to achieve a more sustainable and equitable world by 2030.

Talking about one of the SDGs to which we contribute directly, SDG 8, or Sustainable Development Goal 8, aims to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. ColMed works with resellers and small businesses to help them grow and create jobs. We also provide training and internships to help young people build successful and sustainable careers.

Indicators of SDG 8 and our services that align with the particular indicator:

SDG INDICATOR 8.3.1: Informal Employment

The proportion of informal employment in non-agriculture employment, by sex.
This is measured as employment in the informal economy as a percentage of total non-agricultural employment. This includes all jobs in unregistered and/or small-scale private, unincorporated enterprises that produce goods or services meant for sale or barter.
Goal: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation by 2030.

ColMed's Contribution

Biomedical Engineers
ColMed also provides a learning platform for biomedical engineers. They are responsible for designing, developing, and maintaining medical equipment and devices used in healthcare settings.
By training biomedical engineers in healthcare retailers, these professionals can become familiar with the specific needs and challenges of the retail healthcare environment and design equipment and devices that meet those needs.

Another approach is to create a reselling program within our existing business. This involves hiring resellers to work as part of a sales team or creating a commission-based structure where resellers earn a percentage of the sales they generate.
Regardless of the approach, it is important to ensure that resellers are treated fairly and are paid a living wage. This can help to build trust and loyalty among resellers, as well as create a positive reputation for the business in the community.

SDG INDICATOR 8.6.1: Youth Employment, Education, and Training

Definition: Indicator 8.6.1 is the proportion of youth (aged 15–24 years) not in education, employment, or training.
The proportion of the world’s youth not in education, employment, or training (NEET) is now at its highest level since 2005. The NEET rate remained unchanged from 2015 to 2019 at 21.8 percent but increased to 23.3 percent in 2020, representing an addition of almost 20 million youth. Although youth represented only 13 percent of total employment before the crisis, they made up 34.2 percent of the 2020 decline in employment. Meanwhile, both technical and vocational education and on-the-job training suffered massive disruption, forcing many young people to quit their studies.
Goal: Substantially reduce the proportion of youth not in employment, education, or training. Unlike most SDG targets set for 2030, this is set to be achieved by 2020.

ColMed's Contribution

An internship gives a student the opportunity for career exploration and development and to learn new skills. We help interns develop to the best of their abilities so they can have what they want and need, which will help them develop to the best of their abilities.
We show leadership by offering education programs that enable and transform the way people and businesses find, manage, interact, and communicate with one another.