During last week's IDH Living Wage and Living Income Summit, I shared that only 4% of the 2000 companies pay, or have a target to pay their workers a living wage.
Today we share the full set of results with the launch of the 2024 social benchmark of the 2000 most influential companies. Providing data and key findings on human rights, gender equality, tax disclosure, lobbying and other issues.
These findings matter as these 2000 companies are directly employing an estimated 95 million people and hundreds of millions more via their operations and supply chain, these companies play a crucial role in the 2030 Agenda to #LeaveNoOneBehind.
The results show that the impact companies have on people, is today nowhere near consequential enough to their success. But together, as people, civil society, media, investors, industry bodies, and policymakers we can change this. By using our collective influence we can strengthen corporate accountability and make sure it pays for companies to lead, and costs to lag.
The Business Commission to Tackle Inequality, United Nations Global Compact, Taskforce on Inequality and Social-related Financial Disclosures (TISFD), Principles for Responsible Investment, World Benchmarking Alliance