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International award for Living wage platform – PRI Active ownership project of the year

10 September 2019
PLWF is a partnership of institutional investors that work together to promote living wage in the clothing industry, the retail and the agricultural sector. The Platform does this by jointly engaging with companies in which members invests on the topic of living wages in their supply chains. All companies are assessed and their progress is measured. Kempen is one of the platform members.

Narina Mnatsakanian, Director of Responsible Investment at Kempen, said about the recognition: "Living wage is an income that employee need in order to meet the their basic needs and those of his/her family, including free disposable income. The payment of living wages has overall positive effect on wellbeing  and can contribute to fighting child labour. We contribute to this initiative by taking the living wage into account in our investments and engagement with companies. This recognition is a great help to us." 

“We contribute to this initiative by taking the living wage into account in our investments and engagement with companies. ”

Narina Mnatsakanian
Besides Kempen, members of the PLWF platform are: MN, ASN Bank, Triodos Investment Management, Achmea Investment Management, a.s.r., ABN Amro Bank, Amundi, NN Investment Partners, ING Bank and Robeco. 
 

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