An invite-only, high-level and interactive event on living wages for workers in global value chains to eradicate poverty, support economic growth and reduce inequalities.

In 2020 the social divide increased. Social inequality is one of the biggest threats that the world currently faces. Yet, with COVID-19 and efforts to build back better, now is the time to tackle this difficult topic and break the cycle of poverty. A critical step is to secure living wages for workers. But where do you start? What steps do you need to take? What can we learn from existing efforts?

The event will discuss solutions to secure living wages for workers in global value chains, challenges to close living wage gaps and multi-stakeholder action required to overcome them.

Thursday 18 March, 2021, 14.30 – 17.00 CET

Unilever, our sponsor for this event, announced end of January a set of commitments to help build a more equitable and inclusive society including ensuring that everyone who directly provides goods and services to the company earns at least a living wage or income by 2030. IDH supports companies to act in their journey towards living wages by developing a 5-step Roadmap on Living Wages. Unilever is part of the Roadmap together with a dozen leading companies, with advice from key civil society, trade unions and sustainability organizations.

Leaders from companies, government, civil society and thought leaders will address challenges and solutions, discuss available tools and processes, and identify opportunities for how we can act now.

Living wage is the remuneration received by a worker that is sufficient to afford a decent standard of living, including food, water, housing, education, healthcare, transportation and other essential needs, for a worker and their family. Living wage is a fundamental and globally recognized human right. Work on living wage is aligned with corporate human rights due diligence and enables structural change to reduce poverty.

This invite-only event will be the first in a series of discussions that IDH is organizing with partners on addressing inequality and eradicating poverty.