Business Strategy
Overcoming the Challenges of Implementing a Living Wage
1. Failure to maintain or scale up pilot projects
Dependency on a particular buyer, or small group of buyers which has meant that the ongoing success of the project relies on continued trade with (and support from) these buyers.
Take away: A commitment to a living wage needs to be embedded within the overall business strategy which is then woven in to the KPIs of individuals and departments across the business and linked to performance related pay.
2. Failure to work with other brands at fa…
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Climate Strategy Financing
The report sheds light on the urgent need for innovative funding models in the apparel sector's journey towards decarbonization.
