BE11: Living wage
Progress
Progress indicators
Progress indicator | Response (%) | Rationale |
---|---|---|
Progress on living wage | 100 | It is Proxima policy that all staff are paid the current living wage, and no more than 5x the living wage. |
Pathway
Preparedness
Governance and management
Preparedness indicator | Response | Rationale |
---|---|---|
Board oversight | The board considers this topic only when a specific incident arises. | The Board has approved our commitment to the Living Wage in the Proxima Way. Beyond this, there is no Board oversight of this Goal. The Board also receives annual updates on our progress to Future-Fitness. |
Aligned incentives | No compensation is linked to this goal. | Our compensation guidelines do not currently incorporate sustainability related performance metrics. |
Supportive policies | Policies and processes to support this goal have been effectively integrated into day-to-day | Our commitment to providing reasonable compensation to our team that meets the living wage is found in The Proxima Way. This forms part of our salary and recruitment processes. |
Strategic planning | No strategic planning or risk management activity relates to this goal. | Proxima's Living Wage Policy is fixed and has no bearing on strategic planning. |
Employee training | No explicit steps have been taken to improve employee capacity or competencies with respect to this goal. | N/A |
Enabling culture | Enabling channels and/or procedures exist, and the corporate culture fosters | Enabling channels and/or procedures exist, and the corporate culture fosters |
Third party | The company adheres to or exceeds leading third-party standards | The company adheres to or exceeds leading third-party standards |
Integrated information | Integrated information systems are in place across the business to collect and manage data relating to this goal, to guide ongoing business decisions. | Integrated information systems are in place across the business to collect and manage data relating to this goal, to guide ongoing business decisions. |
Financial alignment
Preparedness indicator | Response | Rationale |
---|---|---|
Investment | Not applicable | N/A |
Aligned capital | Not applicable | N/A |
Strategic acquisitions | Not applicable | N/A |
Aligned purchasing | Not applicable | Not applicable |
Company influence
Preparedness indicator | Response | Rationale |
---|---|---|
Supplier influence | No engagement is expected on this issue. | Proxima's ability to meet this goal is independent of engagement with suppliers. |
Industry influence | No engagement is expected on this issue. | Proxima's ability to meet this goal is independent of engagement with industry bodies/peers. |
Government influence | No engagement is expected on this issue. | Proxima's ability to meet this goal is independent of engagement with government. |
Customer influence | No engagement is expected on this issue. | Proxima's ability to meet this goal is independent of engagement with customers. |
Civil society influence | No engagement is expected on this issue. | Proxima's ability to meet this goal is independent of engagement with civil society. |
Investor influence | No engagement is expected on this issue. | No engagement is expected on this issue. |