The Business for Inclusive Growth (B4IG) Coalition pushes forward Living Wage as a corporate priority. In their board meeting on June 21, 2021, they adopted a statement calling to action on living wage.
The B4IG coalition welcomes the Call to Action on Living Wage launched by IDH – The Sustainable Trade Initiative.
Addressing living wage is at the essence of the B4IG Pledge taken by all member companies. Companies can contribute significantly to alleviating poverty in their workplaces and their supply chains, by contributing to creating decent working conditions. Living Wage commitments will be decisive in tackling growing poverty, empowering women and ultimately in delivering the UN Sustainable Development Goals by 2030 in the “Decade of Action”.
Now is the time take a next step towards creating a living wage economy. The B4IG and its member companies pledge on living wage is great news and we applaud the B4IG to accelerate the crucial movement in taking action on living wage.
IDH strives to secure living wages through the Roadmap on Living Wages. The Roadmap is developed together with companies, international and sustainability organizations interested in advancing living wage efforts.
Through the Roadmap some practical tools are available for those who want to work towards a living wage.
Resilient and sustainable business must include living wages. IDH supports companies securing living wage in supply chains across the globe, and we strive to partner with strong initiatives such as the B4IG to reach the necessary scale to find the solutions for closing the living wage gaps. Only together we can pursue a world where workers are valued, treated equally, and where living wages are an integral part of a sustainable, resilient economy.
Take action towards a living wage
As IDH is supporting partners securing living wage in supply chains across the globe, we aim for more companies to join us in this journey. Helping workers achieve a living wage is a shared responsibility across the entire supply chain. Yet, the business community must be a driving force. That is why we are calling for action together with a group of companies, and encourage other businesses to join as well.
Join global companies Aldi Nord, Aldi Sud, Agrofair, Eosta, Fyffes, Fairphone, Hershey, L’Oréal, Schijvens, Schneider Electric, Superunie, Taylors of Harrogate, and Unilever and express your commitment to work towards living wages, while calling on other stakeholders to do the same.
IDH also aims to find feasible and workable solutions to close the living wage gap in supply chains. We identified five best practices based on the work that IDH and its partners have already accomplished.
Launched by the French G7 Presidency in August 2019, Business for Inclusive Growth (B4IG) is a global CEO-led coalition of major companies fighting against inequalities of income and opportunity. Powered by the OECD as its Strategic Partner, B4IG coordinates with governments to advance inclusive growth at both global and local levels. Current members include: Accenture, Axa Group, BASF SE, BNP Paribas, Capgemini, Carecentrix, Crédit Agricole, Danone, Edelman, Engie SA, GINgroup, Goldman Sachs, Groupe CDC, Henkel, J.P. Morgan, JAB, Johnson & Johnson, Kering, Keurig Dr Pepper, Legal And General Group, L’Oréal, Mars, Michelin, Microsoft, Panera Bread, Pret-A-Manger, Renault, Ricoh, Salesforce, Schneider-Electric, Sodexo, TIAA, Unicredit, Unilever, Veolia, Vinci, Ylva. More information on www.b4ig.org.