Author: Ellen Kunst
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The impact of Covid-19: the PLWF’s observations from the garment and footwear sector
The Covid-19 pandemic has had immense impacts on the garment and footwear sector, including in global supply chains. For the PLWF, Covid has reinforced the need to accelerate the payment of living wages but has also necessitated the broadening of our assessment scope to account for the impacts of Covid-19 on garment workers globally. To…
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PLWF statement calling for improved transparency in the luxury fashion sector
Members of the Platform Living Wage Financials have prepared a joint letter addressed to the luxury goods sector: PLWF statement calling for improved transparency in the luxury fashion sector Why the PLWF has decided to launch a joint letter focusing at luxury goods companies The purpose of the letter is to call for increased transparency around…
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PLWF at the OECD Forum on due diligence in the garment and footwear sector
The Platform Living Wage Financials (PLWF) remains a relatively young investor coalition. However, engaging and assessing companies in the garment and footwear sector for close to two years already offers interesting insights into the progress these companies have achieved, which areas of the assessment methodology have seen the most improvement and which the least, and…
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Platform Living Wage wins PRI Active Ownership Project of the Year Award
Paris, 10 September 2019. Platform Living Wage Financials (PLWF) has won the international PRI award for best initiative in the field of socially responsible investment and active ownership. The “PRI Awards” is an award initiative, designed to present best practices in the field of responsible investment. The projects nominated were assessed on the basis of…
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ABN Amro, Amundi and ING join the PLWF
Collective leverage increases to €2,3 trillion in Assets Under Management As of 31 January 2019, the Platform Living Wage Financials (PLWF) has expanded from eight to eleven members.The addition of two major Dutch banks ABN AMRO and ING and Europe’s largest asset manager Amundi implies not only a significant expansion of collective leverage, but it also…