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 fair wage policies through sectoral benchmarking leading to improved employee well-being
Positive impact
Implementation of wage reviews and benchmarking
Business activities
Medium term
Potential
Communities
Employees
Local authorities
Adequate wages
502
Support for financial education and planning
Positive impact
Offering financial literacy programs to staff
Business activities
Short term
Potential
Communities
Employees
Adequate wages
503
Development of transparent salary scales
Positive impact
Establishment of clear and fair wage structures
Business activities
Short term
Potential
Employees
Local authorities
Adequate wages
504
Collaboration with unions for wage negotiations
Positive impact
Partnerships with staff representatives for fair wage agreements
Business activities
Medium term
Potential
Communities
Employees
Unions
Adequate wages
505
Recognition of sector leadership in wage fairness
Positive impact
Promotion of achievements in wage equity
Business activities
Short term
Potential
Communities
Employees
Investors
Adequate wages
506
Payment of sub-standard wages
Negative impact
Failure to meet minimum wage or sector standards
Business activities
Short term
Actual
Communities
Employees
Local authorities
Adequate wages
507
Delayed or inconsistent salary payments
Negative impact
Issues in payroll management or cash flow
Business activities
Short term
Actual
Communities
Employees
Adequate wages
508
Non-compliance with wage regulations
Negative impact
Failure to meet legal wage requirements
Business activities
Short term
Actual
Employees
Investors
Local authorities
Adequate wages
509
Poor communication on wage policies
Negative impact
Lack of transparency about wage structures
Business activities
Short term
Actual
Communities
Employees
Adequate wages
510
Neglect of feedback on wage issues from staff
Negative impact
Failure to address wage-related concerns
Business activities
Short term
Actual
Communities
Employees
Adequate wages
511
Regulatory fines for wage violations
Risk
Authorities increase enforcement of wage regulations
Business activities
Short term
Potential
Employees
Investors
Local authorities
Adequate wages
512
Brand damage from wage controversies
Risk
Negative media coverage of wage disputes
Business activities
Short term
Potential
Communities
Employees
Investors
Adequate wages
513
Loss of staff due to inadequate wages
Risk
Staff leave for better-paying opportunities
Business activities
Medium term
Potential
Communities
Employees
Adequate wages
514
Increased costs from wage compliance
Risk
Need for new investments in wage management
Business activities
Short term
Potential
Employees
Investors
Adequate wages
515
Legal actions by employees over wage issues
Risk
Employees file lawsuits for wage violations
Business activities
Short term
Potential
Employees
Investors
Local authorities
Adequate wages
516
Development of “Fair Wage Campus” certifications
Opportunity
Certification for best practices in wage management
Business activities
Short term
Potential
Communities
Employees
Investors
Adequate wages
517
Access to funding for wage improvement projects
Opportunity
Grants/subsidies for wage equity
Business activities
Short term
Potential
Investors
Local authorities
Adequate wages
518
Partnerships with NGOs for wage fairness innovation
Opportunity
Joint development of wage management solutions
Business activities
Medium term
Potential
Communities
Employees
NGOs
Adequate wages
519
Expansion into markets valuing wage fairness
Opportunity
Partners demanding certified wage policies
Downstream supply chain
Medium term
Potential
Communities
Investors
Clients
Adequate wages
520
Brand enhancement through wage management leadership
Opportunity
Recognition for sector-leading wage management
Business activities
Short term
Potential
Communities
Employees
Investors
Adequate wages
521
Promotion of diversity and inclusion through targeted recruitment leading to a more equitable workforce
Positive impact
Implementation of inclusive hiring policies
Business activities
Medium term
Potential
Communities
Employees
Local authorities
Equal treatment and opportunities for all
522
Support for anti-discrimination training
Positive impact
Adoption of regular diversity awareness programs
Business activities
Short term
Potential
Communities
Employees
Equal treatment and opportunities for all
523
Development of guidelines for equal opportunity
Positive impact
Establishment of protocols for fair treatment
Business activities
Short term
Potential
Employees
Local authorities
Equal treatment and opportunities for all
524
Collaboration with NGOs for diversity initiatives
Positive impact
Partnerships for diversity and inclusion workshops
Business activities
Medium term
Potential
Communities
Employees
NGOs
Equal treatment and opportunities for all
525
Recognition of sector leadership in inclusion
Positive impact
Promotion of achievements in diversity management
Business activities
Short term
Potential
Communities
Employees
Investors
Equal treatment and opportunities for all
526
Discriminatory hiring or promotion practices
Negative impact
Bias in recruitment or advancement decisions
Business activities
Short term
Actual
Communities
Employees
Local authorities
Equal treatment and opportunities for all
527
Harassment or bullying in the workplace
Negative impact
Failure to address workplace harassment
Business activities
Short term
Actual
Communities
Employees
Equal treatment and opportunities for all
528
Non-compliance with anti-discrimination laws
Negative impact
Failure to meet legal requirements for equal opportunity
Business activities
Short term
Actual
Employees
Investors
Local authorities
Equal treatment and opportunities for all
529
Poor communication on diversity policies
Negative impact
Lack of transparency about inclusion efforts
Business activities
Short term
Actual
Communities
Employees
Equal treatment and opportunities for all
530
Neglect of feedback on diversity issues from staff
Negative impact
Failure to address concerns about equal treatment
Business activities
Short term
Actual
Communities
Employees
Equal treatment and opportunities for all
531
Regulatory fines for discrimination
Risk
Authorities increase enforcement of diversity regulations
Business activities
Short term
Potential
Employees
Investors
Local authorities
Equal treatment and opportunities for all
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