"#3 Workers’ livelihoods come before company profits" üzerindeki değişiklikler
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A just fashion system enriches the lives of workers, their families and their local communities. Industry wealth is distributed fairly, prioritising the needs of people and the environment over executive and shareholder profits. Universal living wages enable us all to afford life's necessities and build savings. Companies and their owners pay a fair share of taxes along the supply chain, enabling social protections for everyone and adaptation to a changing climate. Public and private investment flows away from companies that profit from harm, and funds organisations embracing new models of care, equity and justice. Companies cost living wages, social protections and climate adaptation into their purchasing practices. The transition to a just fashion system is equitably financed. The companies and countries historically responsible for the climate crisis front the cost of adaptation and mitigation.
Definitions
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Executives: High-ranking corporate employees, such as the CEO and directors, who lead and manage the company.
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Shareholders: An individual or company who invests in a company in return for partial ownership and potential financial returns.
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Purchasing practices: How companies engage with and buy from their suppliers, including the payment terms, deadlines and order volumes. Poor purchasing practices, such as exploitative pricing, last minute cancellations, changes or discounts and overdue invoices negatively impact workers’ rights by driving down wages and driving up production pressure and unpaid overtime.
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Adaptation: Taking actions to prepare for, reduce vulnerability to and build resilience against climate change impacts.
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Mitigation: Taking actions to reduce or prevent emissions to limit the severity of global heating.
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- +#3 Workers’ livelihoods come before company profits