Living Wages Explained: Why They Matter and What Companies Are Expected to Do

Living wages are quickly becoming a central topic in responsible business conduct, human rights due diligence and sustainability reporting. But what exactly is a living wage, and what does it mean for companies in practice?

This introductory webinar of our four-part series "Living Wages in Practice: Turning ambitions into actions" explores what a living wage means in practice and how businesses can advance living wages and contribute to meaningful progress. Do not forget to register here for the other sessions.

What we will cover

• The basics: what a living wage is and why it matters for your business

• Methodologies and benchmarks: the key approaches used to assess living wages

• Regulation and global initiatives: how they are driving corporate action

• Company insights: companies already working on living wages share their approaches, experiences and lessons learned

What you will take away

A better understanding of how your company can advance living wages, and where to start.

Target group

• This webinar is open to participants of the UN Global Compact only.

• This first session is also open to non-participants.

• Especially relevant for functions working in human rights, procurement and purchasing, sustainability, human resources and operations.

Language

This webinar will be conducted in English. You can enable Zoom's automatically translated captions in your preferred language.