Discover how a European industrial leader implemented Anker-compliant living wage strategies across their global supply chain
Context & Challenges
In today’s socially responsible landscape, European Fortune 500 companies must ensure equitable wage practices throughout their supply chains. This commitment addresses:
- CSRD compliance
- Consumer expectations
- Reputational risk management
- Supplier social performance
client challenge
A leading European industrial company aimed to:
- Assess wage practices of strategic suppliers
- Implement the Anker methodology
- Automate Human Resources data collection
- Ensure CSRD regulatory compliance (ESRS S1/S2)
Our innovative solution
Ksapa deployed a comprehensive 5-step approach:
-
Strategic Calibration
- Selected strategic suppliers based on risk exposure and buyer influence
- Defined the geographical scope
- Identified target populations to facilitate supplier engagement
- Aligned with ESRS standards to harmonize data quality and comparability
-
Optimized Data Collection
- Standardized data collection for suppliers
- Engaged HR teams and supplier contacts
- Automated processes
-
In-Depth Gap Analysis
- Assessed wage disparities
- Benchmarked using the Anker methodology
- Ensured compliance with IDH guidelines validated by ESRS
-
Tailored Remediation Plan
- Short-term actions
- Medium-term strategy
- Long-term vision
-
Continuous Support
- Monitored progress
- Provided implementation support
- Trained teams
Tangible results
Our intervention led to:
- Identifying and correcting wage gaps
- Improving employee satisfaction
- Enhancing regulatory compliance
- Securing the supply chain
- Boosting the brand image of both buyer and suppliers
Future steps include automating data collection updates using Ksapa’s digital solution, SUTTI, to engage employees while maintaining supplier-specific processes.
Take Action Now
Looking to assess and improve wage practices in your value chain?
Contact our experts to:
- Discover our SUTTI tool
- Evaluate your specific needs
- Initiate a living wage analysis
#LivingWage #CSRD #CSR #ValueChain #Cosmetics #HumanRights
Contact us now:
📧 Email : contact@ksapa.org
🌐 Website : www.ksapa.org