Share Action


Why investors should back the 2022 Living Wage resolution at Sainsbury’s


The public health and economic consequences of the Covid-19 pandemic have exposed the extent of low pay and income inequality in the UK—and the cost of living is rising sharply. That's why we joined a group of 10 institutional investors with £2.2 trillion assets under management including Legal and General Investment Management, Fidelity International, Nest Pensions and Joseph Rowntree Foundation co-ordinated by ShareAction have filed a special shareholder resolution at Sainsbury’s calling for the company to accredit as a Living Wage employer by July 2023, and to commit to pay all workers a real Living Wage.

This document provides investors with the background to the resolution and arguments why investors should vote in support of the resolution at the AGM in July.

View the resolution