2020 Assessments Results in Food Retail

What steps do companies from the food, agri & retail industries take to enable the payment of living wages and living incomes in international coffee and cocoa chains? And is this paying off?

Members of the PLWF’s Food, Agriculture and Retail working group [1] engage 21 companies to discuss
the implementation of living wages and incomes in international coffee and cocoa chains. In September
2020, they have concluded their first round of assessments of these companies to determine how well
companies are on their way to enable the payment of living wages and incomes, and to identify the
engagement priorities going forward.

Their findings are presented in this report and show that show that major steps are still needed to give
living wages and living incomes a more mature place in corporate policies and practices of the companies
under engagement.

[1] Achmea Investment Management (Chair in 2020), Amundi, ASN Bank, a.s.r., BMO GAM, MN, NN
Investment Partners, PGGM, and Robeco.