Living Wage is a Human Right - Business Strategies for Driving Progress

March 17, 2025

Over the past decade, the concept of a living wage has gained traction in sustainability and human rights discussions. Faced with growing regulatory and reputational pressures—including the upcoming EU Corporate Sustainability Due Diligence Directive (CSDDD) and increasing discussions in the US around fair wages—large corporations are committing to paying living wages across their own operations, while SMEs increasingly recognize the business benefits of a well-compensated, happy and healthy workforce.

Yet, in 2025, despite a proliferation of tools, guidelines, and incentives, businesses that have successfully implemented living wages at scale remain the exception rather than the norm. Additionally, The current geopolitical climate—characterized by a backlash against ESG and corporate sustainability efforts—has made some companies hesitant to extend living wage commitments beyond direct employees.

This session will explore the key barriers preventing large-scale adoption and uncover strategies that create value for businesses, workers, shareholders, and communities alike. Industry leaders will share insights on practical tools, policy frameworks, and collaboration models that can help companies turn commitments into action. Hear from:

  • Alice Follot, Sustainable Sourcing Manager, L'Oréal
  • Sonia Cordera, Director Market Engagement, IDH - The Sustainable Trade Initiative
  • Caroline Le Grand, Sustainability Themes Senior Manager, EcoVadis

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