Date: Wednesday, 3 December 2024
Time: 9.00 am - 10.00 am (GMT) / 12 pm - 1 pm (EAT)
Format: Webinar
Registration:
Register Here.
In 2023, the UN Global Compact initiated the Forward Faster initiative, calling businesses to publicly commit to ambitious goals across several key areas aligned with the SDGs, including living wage. Companies that sign on to the living wage targets commit to:
Target 1: 100 percent of employees across the organization earn a living wage by 2030.
Target 2: Establish a joint action plan(s) with contractors, supply chain partners and other key stakeholders to work towards achieving living wages and/or living incomes with measurable and time-bound milestones.
Over 80 African businesses have signed to one or both targets. This demonstrates a proactive approach by African companies to integrate living wages into their operational models.
The UN Global Compact assists companies in implementing living wage practices within their operations and global supply chains. It monitors progress and reports outcomes. This collaborative effort underscores the growing recognition of the business rationale for living wages and the responsibility to advance SDG 8.
This webinar aims to build an understanding of the concept and operationalization of living wage in the African region. The webinar will bring together different stakeholders, including representatives from companies, Governments, employer organizations, and other organizations actively working on living wage, to explore how to advance the living wage agenda at the regional level. The objective of holding this discussion at the regional level is to
help convince more companies across Africa to engage in the living wage discussion as an essential aspect of decent work and economic growth, sign up to the Forward Faster living wage targets, and send a signal to policymakers to adopt living wage policies.
Webinar Goals
Expected Outcomes
Audience
Africa Participants of the Global Compact.
Agenda (GMT)
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