J SAINSBURY PLC | Commitment to pay the real living wage to all workers
16.70% votes in favour
Previous AGM date
How other organisations have declared their voting intentions
|Organisation name||Declared voting intentions||Rationale|
|Domini Impact Investments||For|
|ACTIAM||For||ACTIAM is part of the ShareAction shareholder coalition co-filing the Sainsbury’s living wage resolution. No UK supermarket is currently accredited as a Living Wage Employer. The provision of a real living wage, determined by the living wage foundation, not only gives companies a competitive advantage but also helps to contribute to real-world impact promoting a fairer society, particularly in the current cost of living crisis. By being the first supermarket getting accreditation, we believe Sainsbury’s will be able to attract more skilled workers, keep them motivated and lower staff turnover rates. We welcome the new pay rates announced in May. However, despite this positive progress, the rates do not apply to third party contractors and there is no commitment to align with the future rates, which are updated yearly, guaranteeing a real living wage for the long term.