Request Free Trial
March 19, 2024

Just 10 of the biggest US-listed companies support a living wage, says Oxfam

UK shop workers
Oxfam’s study found that companies in ‘low-wage sectors’ such as retail spent heavily on buybacks, while scrimping on wages (Photo: Leonora Beck/AP Photo)

Shareholder payouts are at an all-time high and ‘inequality is part of the fabric of big business’, claims charity Oxfam

Only 10 of the largest 200 US-listed companies publicly back a living wage, while shareholder buybacks hit a record high in the five years spanning 2018 to 2022, according to analysis by charity Oxfam.

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highliting key industry insight.
  • Invitations to attend exlusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times