«Your
own house is a good place to start. Addressing wealth distribution within
companies, especially the disparity between executives and the lowest paid
employees sends a strong signal that a better balance is needed.
Economic
inequality has been largely absent from corporate transparency and
sustainability reporting. Companies are beginning to recognise the need to
understand and report on the disparities in the way in which the company values
people and activities in the supply chain. The SDGs provide a common framework
that will help companies communicate about their economic impact and
contribution.
There are some standout companies that are supporting the most
vulnerable amongst us. IKEA and Adidas show business leadership on their work
with refugees. BT is focusing its tech literacy efforts on some of the most
disadvantaged in society to help them into jobs.
Business has shown bold
leadership on climate change. Now is the time for more ambition on one of the
other great challenges of our time: inequality».
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