The recent wave of inflation has dramatically impacted vulnerable workers at risk to work and stay in poverty. The CSRD requires that eligible companies disclose whether direct workforce as well as workforce in the value chain are operating above living wage. Growing human rights regulations are also calling for due diligence and action plans wherever appropriate. This requires clarity on definition and concrete thresholds to define what living wage can be. This also requires digital tools enabling informing workers and collecting data to ensure companies and their suppliers can conduct due diligence despite the sensitiveness of the topic.

In reality, there are several problems at hand. First, defining living wage remains controversial. Secondly, most data providers in the space are unable to generate reliable, up-to-date, granular data to reflect the actual cost of living across geographies. Thirdly, including workforce in the value chain remains complex.

In the context of these challenges, this webinar engaged in a discussion addressing the following concrete aspects of solutions:

Session recording

The blog post Webinar: Living Wages in Value Chains: ESRS & Human Rights first appeared on Ksapa - en.