Living Wage Resolutions 2025
Next, M&S and JD Sports are failing to provide their workforce with a real Living Wage, leaving millions of workers living in poverty and struggling to afford basics like heating and food.
ShareAction is ramping up its campaign by co-filing shareholder resolutions at these three companies.
Why are we filing at these three UK retailers?
The UK retail sector is one of the country’s largest employers but its business model is built on poverty pay and insecure contracts. This doesn’t just harm low-paid workers’ quality of life, it harms the economy too by driving inequality, hindering productivity and adding pressure on state resources through increased health and welfare costs, posing a threat to the long-term interests of shareholders.
Investors want answers from companies on how widespread this issue is. They are calling for more transparency on just how many staff are not being paid a real Living Wage and for businesses to explain why they can’t pay staff a wage that reflects the true cost of living.
In our recent briefing, we published new guidance for investors in the UK retail sector warning them of the long-term financial risks of failing to pay the real Living Wage, and setting out a responsible investment approach to raise standards.
In collaboration with US-based The Shareholder Commons, we are taking more action than ever this year. Click the link below to check out their Guardrail on Poverty Wages initiative and, while you're at it, join our campaign to learn how these resolutions go
