Platform for Living Wages Report 2021: The importance of long-term investor engagement on living wage

1 member

Summary

In its latest report, the investor coalition PLWF presents the outcomes of the 54 living wage and living income assessments that it has conducted for investee companies. The PLWF identifies a number of key outcomes for the garment, footwear, food, agriculture and retail sectors, and share industry best practices.

Business case

The Platform for Living Wages Financials' (PLWF) members recognise the systemic issue of underpayment in supply chains. And we know that being able to earn a living wage is instrumental for a broader range of human and labour issues. For instance, living wages can lift workers out of poverty and promote decent standards of living, while mitigating the risk of excessive overtime and child labour and reducing inequalities. A living wage can therefore act as a catalyst to achieving the UN’s Sustainable Development Goals, in particular, Goal 1: no poverty, and Goal 8: decent work and economic growth.

Collaboration details

Type
Information sharing
Status
Open To Join
ESG theme
  • Social
Created on
Geography
Global
Attachments