BSCI Engages in Living Wage Discussions in China

02-06-2015

On May 11, BSCI China Representative, Joyce Chau, and BSCI participants joined the ACCA Forum on Sustainability - Global Perspectives on Living Wage, co-organised by the Association of Chartered Certified Accountants and The Living Wage Foundation (UK) in Hong Kong.

Attendees including Oxfam, Ethical Trading Initiative, and university and company representatives took part in the Forum, which is part of a global round table series being held globally. Results of the discussions will be incorporated into a research paper on stakeholders' perceptions of introducing a living wage, presenting expert opinion on its introduction and application in different regions.

The report, to be ready by end of 2015, will help identify and raise understanding of the barriers to introducing a living wage in order to take the necessary steps to overcome them. In addition, the paper will also explore the benefits of a living wage (in a regional capacity) to ensure these are shared and promoted within other regions.

Through its Code of Conduct, BSCI encourages businesses to take every effort to provide workers a remuneration that goes beyond the minimum wage to allow them and their families a decent living. Since its launch in January 2014, the text includes the principle of 'Fair Remuneration' as one of the core labour rights that its participants and business partners commit to monitor along their supply chains and which takes into consideration not only the quantitative but also the qualitative aspects of wages.

As part of BSCI's broader engagement in the country, the initiative will co-organise with the China WTO Tribune the 12th Sino-European CSR Round Table to be held on 4 June in Beijing, aimed at sharing efficient approaches to build responsible and sustainable supply chains.

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