Living Wages

Living Wages as a Solution to Combat Poverty

Explore the journey of Turkish hazelnuts from soil to snack, learn how these premium nuts, grown in the climate of the Black Sea region, become global confectionery and healthy snacks, all while uplifting local communities.
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Global businesses are leveraging responsible digital payments to accelerate progress towards the United Nations Sustainable Development Goals (SDGs), with a focus on aiding small retailers, smallholder farmers, and low-income workers. Digitization not only enhances efficiency but also drives financial inclusion, benefiting millions by offering secure, accessible transactions.
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Enlightened businesses recognise their opportunity to lobby governments to tackle inequalities, as well as behaving responsibly. But few seem willing to speak out about socio-economic inequalities. Read on for nine reasons why businesses should speak out about the need for a fairer Britain
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Welcome by Zahid and Yvette Torres-Rahman, Founders, Business Fights Poverty Followed by a Fireside Chat with: Marina Leal, Sustainability and Human Rights Manager, Natura
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Over 60% of the world’s employed population make their living through informal work, with no access to formal contracts or protection. During shock events, these workers face immense hardship, receiving little or no support. Businesses, in partnership with NGOs like ActionAid, can address human rights risks and improve business continuity by investing in informal workers.
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A report on how paying living wages throughout core operations and the value chain strengthens business performance, resilience and stability, while delivering measurable social impact and enabling businesses to more effectively deliver on human and labour rights obligations. Published with Cambridge Institute for Sustainability Leadership and Shift, with support from Unilever.
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Our new report calls for living wages to be embraced as an investment in business success and a key step towards ending in-work poverty. The report demonstrates how living wages benefit core operations, value chains and the wider operating environment and enable businesses to better meet their human rights commitments. It is time for businesses, investors and governments to realise the right to a living wage for hundreds of millions of workers worldwide.
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Sector-wide action across supply chains is key to making living wages a reality for workers in low-income countries, says the Fairtrade Foundation’s Naomi Somerville-Large.
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The flower and plant industry must move towards achieving living wages for underpaid horticultural workers in low-income countries and must support efforts to improve the rights of workers, so they can begin to build resilience to crises such as Covid-19, says the Fairtrade Foundation.
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In March, when we announced the taka 5000 crore stimulus package (about $600 million) to pay workers’ salaries in export-oriented sectors, particularly ready-made garments which account for over 80% of the country’s exports, we encountered a major roadblock. Only 1.5 million of the 4 million workers were paid digitally. The rest were paid in cash.
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Supermarkets have become one of the few vital services still functioning during the global Coronavirus pandemic. Supermarket staff deserve great respect for keeping customers safe and supplied with food to sustain us through this unprecedented crisis.
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What do we mean by "Living Wages"?

Implementing living wages can offer a direct and effective solution to combat poverty, ensuring workers receive a fair income to support their families.

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