The Platform Living Wage Financials (PLWF) is an unprecedented coalition of 11 financial institutions that encourages and monitors investee companies to address the non-payment of living wage in their global supply chains.
As an investor coalition with over €2,3 trillion of Assets Under Management, we use our influence and leverage to engage with our investee companies. We measure their performance on living wage, we discuss the assessment results and we support innovative pilots. Lastly, we make sustainable investment decisions based on (the lack of) progress subject to individual choices and policy preferences of each Platform member. The PLWF Strategy Paper can be reviewed here.