CSRD: Living Wages in value chain
About the data
The European Sustainability Reporting Standards do not require the disclosure of a dedicated “adequate wage” indicator for workers in the value chain (unlike for the company's workforce). However, if low or unfair wages in the value chain are material to the company’s operations, then the company must report on it, most likely under DR S2-5 and S2-6.
Methodology
To meet this metric, companies must disclose that they have made commitments, or taken action, to tackle low wages in their supply chains.
This can include:
- Commitment to paying living wage or fair wages
- Action plan to pay living wage
- Number of suppliers where living wage is paid
- % of suppliers that have committed to pay living wage
If the company discloses that it has made these commitments, or taken these actions to ensure that supply chain workers are paid a fair or living wage, please indicate “Yes”, and provide details.
Mention of minimum wage is not sufficient.
If no action exists or is described in the statement, please select “No”.
If yes, in your comment please add the relevant section of the statement, including what type of information on supply chain workers’ wages is disclosed.