Ashland achieves certification by Fair Wage Network
2024年6月18日 - 8:00PM
Ashland Inc. (NYSE:ASH) has strengthened its performance
towards environmental, social and governance (ESG) practices
and a more just and equitable society through a relationship
with the Fair Wage Network (FWN) to understand living wages for the
company’s 3,800 global employees. Following a rigorous and thorough
process where compensation data for all employees was reviewed on
an anonymous basis and steps were taken to remediate any pay gaps,
Ashland achieved certification as a Global Living Wage Employer.
Distinct from an audit approach, Fair Wage is an
economically rigorous standard and methodology designed to assess,
develop and optimize wage policies. Fair Wage encompasses
sustainability dimensions like Living Wage and Equal Salary but is
more comprehensive and systematically correlates those indicators
with performance and profitability indicators. As part of the
process to verify results, surveys were sent to randomly selected
Ashland employees by FWN in the many different regions in which the
company operates.
A living wage is one that covers one’s basic
needs such as housing, food, water, healthcare, transportation,
clothing and education for the employee and their dependents. A
living wage goes beyond simply fulfilling the local statutory
minimum wage requirement.
“As part of Ashland’s compensation philosophy,
we are committed to providing a living wage to all our solvers as
well as equal pay for equal work,” said Guillermo Novo, chair and
chief executive officer, Ashland. “This accreditation is a direct
reflection of Ashland’s commitment to our philosophy and desire to
raise the standard of living while decreasing bias in compensation
practices.”
To learn more, visit Ashland.com/fairwage
About Ashland Ashland
Inc. (NYSE: ASH) is a global additives and specialty ingredients
company with a conscious and proactive mindset for environment,
social and governance (ESG). The company serves customers in a wide
range of consumer and industrial markets, including architectural
coatings, construction, energy, food and beverage, nutraceuticals,
personal care and pharmaceutical. Approximately 3,800 passionate,
tenacious solvers – from renowned scientists and research chemists
to talented engineers and plant operators – thrive on developing
practical, innovative and elegant solutions to complex problems for
customers in more than 100 countries.
Visit ashland.com and ashland.com/ESG to learn more.
™ Trademark, Ashland or its subsidiaries,
registered in various countries.
FOR FURTHER INFORMATION:
Investor Relations: |
Media Relations: |
William Whitaker |
Carolmarie C. Brown |
+1 (614) 790-2095 |
+1 (302) 995-3158 |
wcwhitaker@ashland.com |
ccbrown@ashland.com |
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Ashland (NYSE:ASH)
過去 株価チャート
から 5 2024 まで 6 2024
Ashland (NYSE:ASH)
過去 株価チャート
から 6 2023 まで 6 2024