ESRS subtopic
Adequate wages
20
Equal treatment and opportunities for all
20
Other work-related rights
20
Working conditions
20
Name of the IRO
IRO type
Cause
Position in the value chain
Time Horizon
Realization stage
Affected stakeholders
ESRS subtopic
501
Promotion of living wages through sector benchmarking leading to improved employee well-being
Positive impact
Implementation of wage policies aligned with sector best practices
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
502
Support for wage transparency and equity
Positive impact
Publication of wage scales and regular reviews for fairness
Business activities
Short term
Potential
Investors
Communities
Employees
Adequate wages
503
Development of training and upskilling programs
Positive impact
Investment in employee skills to support career progression and wage growth
Business activities
Medium term
Potential
Clients
Investors
Employees
Adequate wages
504
Collaboration with social partners for wage agreements
Positive impact
Negotiation of collective agreements for fair remuneration
Business activities
Medium term
Potential
Communities
Local authorities
Employees
Adequate wages
505
Public recognition of fair wage employer status
Positive impact
Promotion of achievements in wage fairness
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
506
Payment of wages below industry standards
Negative impact
Lack of benchmarking or inadequate wage policies
Business activities
Short term
Actual
Clients
Communities
Employees
Adequate wages
507
Delayed wage payments or non-payment
Negative impact
Financial mismanagement or cash flow issues
Business activities
Short term
Actual
Investors
Communities
Employees
Adequate wages
508
Gender or diversity pay gaps
Negative impact
Absence of pay equity policies
Business activities
Short term
Actual
Clients
Communities
Employees
Adequate wages
509
Non-compliance with minimum wage regulations
Negative impact
Failure to meet legal wage requirements
Business activities
Short term
Actual
Investors
Local authorities
Employees
Adequate wages
510
Poor communication on wage policies
Negative impact
Lack of transparency on wage setting and adjustments
Business activities
Short term
Actual
Clients
Investors
Employees
Adequate wages
511
Regulatory fines for non-compliance with wage laws
Risk
Authorities increase enforcement of wage standards
Business activities
Short term
Potential
Investors
Local authorities
Employees
Adequate wages
512
Brand damage from wage controversies
Risk
Negative media coverage of wage disputes or inequity
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
513
Loss of talent due to inadequate wages
Risk
High turnover and difficulty attracting skilled employees
Business activities
Medium term
Potential
Clients
Investors
Employees
Adequate wages
514
Increased costs from wage compliance requirements
Risk
Need for new investments in wage monitoring and compliance
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
515
Legal actions by employees over wage issues
Risk
Employees file lawsuits for unpaid or unfair wages
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
516
Development of “Fair Wage Employer” certifications
Opportunity
Certification for best practices in wage management
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
517
Access to funding for wage improvement initiatives
Opportunity
Grants or subsidies for wage-related projects
Business activities
Short term
Potential
Investors
Local authorities
Adequate wages
518
Partnerships with NGOs for wage fairness
Opportunity
Joint development of wage policies and frameworks
Business activities
Medium term
Potential
Communities
Employees
NGOs
Adequate wages
519
Expansion into markets valuing wage fairness
Opportunity
Clients demanding certified fair wage policies
Downstream supply chain
Medium term
Potential
Clients
Investors
Communities
Adequate wages
520
Brand enhancement through leadership in wage fairness
Opportunity
Recognition for sector-leading wage fairness policies
Business activities
Short term
Potential
Clients
Investors
Employees
Adequate wages
521
Promotion of diversity and inclusion through targeted recruitment leading to a more equitable workforce
Positive impact
Implementation of inclusive hiring policies and practices
Business activities
Short term
Potential
Clients
Communities
Employees
Equal treatment and opportunities for all
522
Support for equal pay and promotion opportunities
Positive impact
Development of transparent promotion and pay policies
Business activities
Short term
Potential
Investors
Communities
Employees
Equal treatment and opportunities for all
523
Development of anti-discrimination training
Positive impact
Regular training to prevent bias and discrimination
Business activities
Short term
Potential
Clients
Investors
Employees
Equal treatment and opportunities for all
524
Collaboration with NGOs for inclusion initiatives
Positive impact
Partnerships for diversity and inclusion projects
Business activities
Medium term
Potential
Communities
Employees
NGOs
Equal treatment and opportunities for all
525
Public recognition of inclusive employer status
Positive impact
Promotion of achievements in diversity and inclusion
Business activities
Short term
Potential
Clients
Investors
Employees
Equal treatment and opportunities for all
526
Discriminatory hiring or promotion practices
Negative impact
Bias or lack of inclusive policies
Business activities
Short term
Actual
Clients
Communities
Employees
Equal treatment and opportunities for all
527
Gender, age, or disability discrimination
Negative impact
Absence of anti-discrimination policies
Business activities
Short term
Actual
Clients
Communities
Employees
Equal treatment and opportunities for all
528
Non-compliance with equality regulations
Negative impact
Failure to meet legal requirements for equal treatment
Business activities
Short term
Actual
Investors
Local authorities
Employees
Equal treatment and opportunities for all
529
Poor communication on inclusion policies
Negative impact
Lack of transparency on diversity and inclusion measures
Business activities
Short term
Actual
Clients
Investors
Employees
Equal treatment and opportunities for all
530
Neglect of employee feedback on equality
Negative impact
Absence of regular surveys or feedback mechanisms
Business activities
Short term
Actual
Clients
Communities
Employees
Equal treatment and opportunities for all
531
Regulatory fines for non-compliance with equality laws
Risk
Authorities increase enforcement of equality standards
Business activities
Short term
Potential
Investors
Local authorities
Employees
Equal treatment and opportunities for all
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