Understanding Living Wage and Living Income

​What does it take to ensure a decent standard of living for workers in your operations and supply chain? This focused session explores the concept of living wage and living income — and how companies can move from intent to impact.

​In this session, you’ll learn:

• ​The difference between minimum wage, living wage, and living income

• ​Key methodologies and benchmarks

• ​How to assess wage gaps and prioritize actions

• ​The role of purchasing practices in enabling fair compensation

​About Impaktly

​Impaktly is a consultancy that helps clients shape and accelerate sustainability transformations . Our advisors are experts in their field of environmental and social sustainability, business strategy and transformation, service design and data & technology. We leverage our expertise to support our clients embed sustainability at scale across the organization to increase business resilience and unlock new business opportunities.