In the News

Unilever will only deal with suppliers that pay the living wage by 2030

Ollie Gardner

21st January 2021

Unilever, the consumer goods company that owns brands such as Ben & Jerry's and Persil, announced today that all of its suppliers will have to pay their workers the living wage by 2030.

The company will no longer do business with any supplier that doesn't pay their workers the living wage by 2030. This forms part of Unilever's commitment to promote economic inclusion and be a socially responsible business.

Consider this example in terms of Unilever's desire to build a brand image that consumers associate with sustainability and fairness. This is also a great way to consider how human resource managers can improve working conditions and pay to build a more motivated, engaged workforce.

Take a look at this short video where Unilever's CEO Alan Jope explains how sustainability and profitability will go increasingly hand in hand as young consumers choose to spend their money with responsible businesses.

Ollie Gardner

Ollie is a new economics teacher at an academically selective school having previously worked in the healthcare technology industry.

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