References to available living wage and living income benchmarks
In the UEBT standard’s principles 3 and 6, UEBT promotes practices that ensure fair prices for producers in the supply chain, as well as decent living conditions for workers.
The concepts of living wage and living income have been defined according to the Global Living Wage Coalition (GLWC) and the Living Income Community of Practice, respectively.
To guide companies and auditors in assessing these requirements, UEBT listed in this document available Living Wage benchmarks in accordance with the Global Living Wage Coalition (GLWC).
To guide companies and auditors in assessing the UEBT requirements, UEBT has listed available living wage benchmarks (and estimates) offered by the GLWC. If a needed benchmark is not available in this document (or in the GLWC webpage), organizations may use 1) other recognized and credible living wage benchmarks, or 2) they may assess the local benchmark with the support of local dedicated partners and using a trusted methodology.
Document type: Guidance to the UEBT standard
Date: Updated July 2024