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 wage policies through sectoral agreements leading to reduced in-work poverty
Positive impact
Adoption of collective bargaining and wage transparency
Business activities
Investors
Communities
Employees
Adequate wages
502
Support for wage progression and upskilling
Positive impact
Implementation of training and career advancement programs
Business activities
Clients
Communities
Employees
Adequate wages
503
Development of wage parity audits
Positive impact
Regular assessment of wage gaps and corrective actions
Business activities
Investors
Employees
Local authorities
Adequate wages
504
Collaboration with suppliers for fair wage practices
Positive impact
Selection of partners with certified wage standards
Upstream supply chain
Communities
Employees
Suppliers
Adequate wages
505
Public education on wage rights and transparency
Positive impact
Awareness campaigns for employees and communities
Business activities
Clients
Communities
Employees
Adequate wages
506
Low wage levels contributing to employee turnover and financial insecurity
Negative impact
Failure to align with living wage benchmarks
Business activities
Investors
Communities
Employees
Adequate wages
507
Gender or minority wage gaps
Negative impact
Disparities in pay for equal work
Business activities
Communities
Employees
Local authorities
Adequate wages
508
Non-compliance with minimum wage regulations
Negative impact
Failure to meet legal pay requirements
Business activities
Investors
Employees
Local authorities
Adequate wages
509
Neglect of supplier wage practices
Negative impact
Suppliers do not meet wage standards
Upstream supply chain
Communities
Employees
Suppliers
Adequate wages
510
Inadequate wage information for employees
Negative impact
Lack of transparency or communication on pay
Business activities
Clients
Communities
Employees
Adequate wages
511
Regulatory fines for non-compliance with wage laws
Risk
Authorities increase enforcement of minimum wage rules
Business activities
Investors
Employees
Local authorities
Adequate wages
512
Brand damage from wage-related controversies
Risk
Negative media coverage of wage violations
Business activities
Clients
Investors
Communities
Adequate wages
513
Loss of contracts due to poor wage practices
Risk
Clients require proof of fair wage policies
Business activities
Clients
Investors
Communities
Adequate wages
514
Increased insurance costs from wage risks
Risk
Insurers raise premiums after disputes or claims
Business activities
Investors
Employees
Banks
Adequate wages
515
Legal actions by employees over wage disputes
Risk
Employees file lawsuits for unpaid or unfair wages
Business activities
Investors
Communities
Employees
Adequate wages
516
Development of “Fair Wage Employer” certifications
Opportunity
Certification for best practices in wage management
Business activities
Investors
Communities
Employees
Adequate wages
517
Access to funding for wage improvement projects
Opportunity
Grants or subsidies for wage parity initiatives
Business activities
Investors
Local authorities
Adequate wages
518
Partnerships with unions for wage best practices
Opportunity
Joint development of wage frameworks and bargaining
Business activities
Communities
Employees
Unions
Adequate wages
519
Expansion into markets valuing fair wage employers
Opportunity
Clients demanding certified fair wage practices
Downstream supply chain
Clients
Investors
Communities
Adequate wages
520
Brand enhancement through wage management leadership
Opportunity
Recognition for sector-leading wage policies
Business activities
Investors
Communities
Employees
Adequate wages
521
Promotion of diversity and inclusion policies leading to improved workplace equality
Positive impact
Implementation of anti-discrimination and equal opportunity programs
Business activities
Investors
Communities
Employees
Equal treatment and opportunities for all
522
Support for gender parity and minority representation
Positive impact
Targeted recruitment and promotion initiatives
Business activities
Clients
Communities
Employees
Equal treatment and opportunities for all
523
Development of inclusive training and mentorship programs
Positive impact
Provision of tailored training and support
Business activities
Investors
Communities
Employees
Equal treatment and opportunities for all
524
Collaboration with suppliers for inclusive practices
Positive impact
Selection of partners with certified diversity policies
Upstream supply chain
Communities
Employees
Suppliers
Equal treatment and opportunities for all
525
Public education on inclusion and non-discrimination
Positive impact
Awareness campaigns for employees and communities
Business activities
Clients
Communities
Employees
Equal treatment and opportunities for all
526
Discrimination or harassment in the workplace
Negative impact
Failure to prevent or address discriminatory behavior
Business activities
Investors
Communities
Employees
Equal treatment and opportunities for all
527
Gender or minority representation gaps
Negative impact
Disparities in hiring promotion or pay
Business activities
Short term
Actual
Communities
Local authorities
Employees
Equal treatment and opportunities for all
528
Non-compliance with anti-discrimination laws
Negative impact
Failure to meet legal requirements for equality
Business activities
Short term
Actual
Investors
Local authorities
Employees
Equal treatment and opportunities for all
529
Neglect of supplier diversity practices
Negative impact
Suppliers do not meet inclusion standards
Upstream supply chain
Short term
Actual
Communities
Employees
Suppliers
Equal treatment and opportunities for all
530
Inadequate inclusion training for employees
Negative impact
Lack of awareness or education on diversity
Business activities
Short term
Actual
Communities
Clients
Employees
Equal treatment and opportunities for all
531
Regulatory fines for non-compliance with equality laws
Risk
Authorities increase enforcement of anti-discrimination rules
Business activities
Short term
Potential
Investors
Local authorities
Employees
Equal treatment and opportunities for all
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