Creating Financial Resilience

Financial resilience means being able to handle unexpected costs without making you or your household vulnerable. It gives people more stability and choice through life.

Many garment workers struggle to build the financial resilience they need to manage daily life. This is due to a number of reasons, for example, financial services and education are not always readily available in some countries. Gender norms around the world can also make it more difficult for women to control their finances.

Pursuing a living wage for people in our supply chain

Like most brands, we don’t own any of the factories in our supply chain and we’re nearly always one of many customers that a factory is working with to make products. In addition to our own responsible sourcing practices, we need to work together with other retailers, trade unions and governments to bring about real change in worker pay. ACT (Action, Collaboration, Transformation) is helping us do this. It’s an agreement that’s working to pursue living wages across the garment and textile industry. As an ACT member, we follow its responsible purchasing practices within our business so that our suppliers can be in a better position to pay wages that meet local wage laws, which is an important part of creating the right working conditions to improve worker wages.