Fashion Revolution+Discloses Number of Collective Bargaining Agreements Providing Wages Above Legal Minimum+Fashion Transparency Index 2021 - Scoring+About
Collective bargaining agreements allow employers and unions to negotiate on important issues such as fair wages and working conditions. Disclosing whether a company has collective bargaining agreements to pay higher wages than local law is important because local laws are insufficient to cover a living wage, which are a human right recognised by the United Nations, and it means being paid enough to afford food, water, housing, education, health care, transportation, clothing.
A note on the scoring system
WikiRate has a standardised 10-point scoring system making it possible to compare company scores across different benchmarks. On WikiRate.org, the Fashion Transparency Index scoring system, where each company can get a maximum of 250 points, has been converted to the 10-point scoring system - with 10 being the highest a company can score and 0 being the lowest. These company scores can also be translated to percentages e.g. if a company has scored 2.5 out of 10 on WikiRate, they have achieved 25% of the 250 points in the Fashion Transparency Index.
A note on the scoring system
WikiRate has a standardised 10-point scoring system making it possible to compare company scores across different benchmarks. On WikiRate.org, the Fashion Transparency Index scoring system, where each company can get a maximum of 250 points, has been converted to the 10-point scoring system - with 10 being the highest a company can score and 0 being the lowest. These company scores can also be translated to percentages e.g. if a company has scored 2.5 out of 10 on WikiRate, they have achieved 25% of the 250 points in the Fashion Transparency Index.