Too many people are not paid enough. Specifically, we ask all companies who sign to our promise to: Consumers expect Unilever, our brands and our partners to step up. Unilever commits to living wage for all supply chain workers by 2030 Now, 22 years on, I am still curious Q. remember settings), andPerformance cookies to measure the website's performance and improve your experience., and Marketing/Targeting cookies, which are set by third parties with whom we execute marketing campaigns and allow us to provide you with content relevant to you. These suppliers will be small and medium-sized businesses owned and managed by women, under-represented racial and ethnic groups, people with disabilities and LGBTQI+. Our content is free for all and we plan to keep it that way. A. Unilever Human Rights Report 2020 As many lower- and middle-income countries approach peak youth, when youth populations reach their maximum, the question of youth employment must be addressed urgently. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Unilever 4095 Unilever has made a commitment to ensure that all the employees in its supply chain receive at least a living wage. Podcast | Unilever Pledges a Living Wage Today IDH announced with global companies Aldi Nord, Aldi Sud, Eosta, Fyffes, Fairphone, LOral, Schijvens, Superunie, Taylors of Harrogate, and Unilever to take action towards living wages. The consumer goods giant said it planned to use purchasing practices, collaboration and advocacy to create systemic change and global adoption of living Sam Johnson, EY Vice Chair of Markets, discusses how companies can still convey their culture and create meaningful experiences by being more intentional. This document also contains data on the Groups Scope 1, 2 and 3 emissions. Our brands are on a mission to create a better planet and society, Find out how were taking action on the issues affecting the world through the Unilever Compass, while helping our business grow. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The Office: Bellwether for distress or opportunity for revitalization? The Prince of Wales Global Sustainability Fellowship in Business Transformation and New Corporate Forms, supported by Anglian Water Services, The Canopy and Accelerator programmes overview, Future of Boards, Foundation and Methodology, Innovation for Sustainability: The driving force of circular economy start-ups. Were working to ensure that everyone who directly provides us with goods and services will earn at least a living wage or living income. Having been present in this region since 1902, GE has been around for 120 years. 2023 India's most read website on Human Resources, Jobs & Career. A living wage is the remuneration received for a standard working week by a worker in a particular place which is sufficient to afford a decent standard of living for the worker and their family. We will work alongside Unilever as it does this, helping it to deliver for under-represented groups, to accelerate their systemic changes and to shift industry practice and laws., Professor John Ruggie, Harvard University, Former U.N. Secretary Generals Special Representative for Business and Human Rights, member of the Unilever Sustainability Advisory Council, commented: The right to an adequate standard of living is a fundamental human right sadly one that many of millions of people around the world are unable to access. Unilever, owner of Ben & Jerry's and Dove, is promising every These include options such as flexible employment contracts with benefits such as pension plans, or offering time off work to study or re-train. Many current ways of working roles, places, hours, skills are rapidly evolving. Our business in emerging markets relies on a thriving distribution network and millions of small retailers independent stores, outlets and kiosks, and micro-entrepreneurs making sales in neighbourhoods, on streets and door-to-door. The move is definitely going to improve the lives of millions of people globally, including the oft exploited workers in the manufacturing and agriculture space. This is Unilever's global company website. We're always looking to connect with those who share an interest in a sustainable future. It is widely acknowledged that business and finance must play a role. This Material is not intended to be and shall not be deemed to be an invitation or inducement to invest in or otherwise deal in any securities of the Unilever Group or in any other investment, nor to provide or constitute any advice or recommendation in connection with any investment decision, nor to constitute an offer to provide services in any jurisdiction in which the Unilever Group is not permitted to do so under any applicable law or regulation. Unilever is one of the worlds leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products with sales in over 190 countries and reaching 2.5 billion consumers a day. We believe our commitment will positively impact millions of people and their dependents. 10.17863/CAM.39460 https://www.repository.cam.ac.uk/handle/1810/292310. How Much Does Unilever Pay in 2023? (20,434 Salaries) While there is still more to do, we are proud to have been recognized in 2018 as sector leader in the Dow Jones Sustainability Index and as the top ranked company in the GlobeScan/SustainAbility Global Corporate Sustainability Leaders survey, for the eighth-consecutive year. The consumer goods company already pays its employees at least living wage, but wants to ensure that even employees beyond its own workforce are assured of a decent pay. We have increased the number of active small retail stores using our digital route-to-market platforms to purchase our products, and in turn grow their business. It also plans to reskill or upskill all employees by, Demystifying the Role of Due Diligence and Regulation in Human Rights, M&A in Focus: 2023 Dealmaking at the Half, Opportunities, and the Road Ahead, Discover US Public Finance for S&P Global Ratings on RatingsDirect. living wages Metro Bank's arduous journey to launch a comprehensive carbon management Is it possible to fully decommodify procurement? Getting by: young people's working lives. This Promise, whilst optional, offers purpose-led partners an opportunity to position themselves on the leading edge of our supplier diversity commitment. By doing so, Unilever will actually bring a great difference to millions of lives, considering the size of the Company, the fact that it operates in 190 countries and that it has over 60,000 direct suppliers across the globe. We're always looking to connect with those who share an interest in a sustainable future. Even a small contribution a month would be of great help for us. The USLP creates value by driving growth and trust, eliminating costs and reducing risks. Market driven decarbonisation: The role of demand-led innovation in supporting emission reductions in foundation industries. Ideally, this will include signing Unilevers Supplier Equity, Diversity and Inclusion Promise and making use of Unilevers guidance to establish a strategy, dedicate resources, engage and develop diverse suppliers, make use of advocacy opportunities and track progress. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Visit PayScale to research Unilever salaries, bonuses, reviews, benefits, and more! EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. This includes small and medium-sized businesses owned and managed by women, underrepresented racial and ethnic groups, people with disabilities and LGBTQI+. 2020. Unilever's supply chain comprises about 100,000 employees, over 70,000 suppliers and more than 1.5 million farmers. Unilever to demand all suppliers pay a living wage Save my name, email, and website in this browser for the next time I comment. The group continue dancing and the camera pans out and up to show the sky between palm trees. We have a responsibility to generate and sustain employability, by preparing our employees and other people beyond our organization for the societal and technological changes that are taking place. Earning a living wage would ensure people working throughout the Unilever supply chain could afford a decent standard of living and would cover basic needs such as food, water, housing, education, healthcare, transportation, clothing; and includes a provision for unexpected events, the firm said. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever Group (the 'Group'). Cambridge Institute for Sustainability Leadership. If so it will help lift millions of workers out of poverty, he said. As we help to build a more equitable and inclusive society, we recognize that changes to the world of work will affect the employment prospects of many people. We have detected that Do Not Track/Global Privacy Control is enabled in your browser; as a result, Cybersecurity, strategy, risk, compliance and resilience, Value creation, preservation and recovery, Explore Transactions and corporate finance, Climate change and sustainability services, Strategy, transaction and transformation consulting, Real estate, hospitality and construction, How blockchain helped a gaming platform become a game changer, How to use IoT and data to transform the economics of a sport, M&A strategy helped a leading Nordic SaaS business grow. For more information about our organization, please visit ey.com. CISL Research Webinar Series: Led by the Prince of Wales Fellows, this series of one-hour webinars allowed attendees to engage directly with our Fellows about their research. CISL COP26 events - CLGs Corporate Leaders Network dinner, Tuesday 9 November, A collaborative approach to protecting free-flowing rivers and safeguarding these valuable ecosystems, Coral reefs are natural infrastructure barriers that protect from flood related risks and damages, Horizon Scanning Report October/December 2021, Nature-based solutions for coastal defence, New estimates of carbon emissions from the UKs finance sector, Positive impact on peoples mental and physical health when accessing nature in the city, The domino effect of the retreating Antarctic ice sheet, Register for the Panel Discussion: How can finance and business progress decent work and the living wage? WebEnsure that everyone who directly provides goods and services to Unilever will earn at least a living wage or income by 2030 We are targeting our living wage interventions in specific parts of our supply chain. Requiring the suppliers of goods and services to pay at a decent level creates a demand for living wage companies, promising a shift in employment norms. To achieve this change, Unilever are building upon their existing payment of a living wage to directly employed staff, committing that by 2030 it will refuse to do business with any firm that does not pay at least a living wage or income to its staff.. Get in touch with Unilever and specialist teams in our headquarters or find contacts around the world. If Unilevers commitment encourages a wider commitment from business and government, it promises a substantial boost towards meeting the UNs Sustainable Development Goals by 2030.