FairPensions: understanding the business benefits of the Living Wage

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FairPensions (now ShareAction) campaigns for institutional investors to adopt responsible investment approaches for pension funds. They push for improvements in corporate environmental and human rights behaviour by working with investors and pension fund managers to engage with and put pressure on corporations in which they hold shares. Recent campaigns have focused on issues such as tar sands, climate change, destructive mining projects and access to generic medicines in developing countries.

In May 2011 FairPensions launched a campaign to persuade FTSE 100 companies to pay the Living Wage. The charity approached PBE for help with determining how to assess the benefits to businesses that pay the Living Wage.

We matched FairPensions with economist volunteer Irum Malik, from Happold Consulting, who worked with the charity to determine the best approach.

We are very grateful to Irum Malik for her work on this project.