Rachel Hargreaves

She/Her

[Rachel Hargreaves @RachelHarg9613]

9/
Many investors have shown that they can and do support pay for the low paid

However, a large proportion still chose to prioritise short-term returns, over tackling inequality

[Rachel Hargreaves @RachelHarg9613]

Today is @sainsburys AGM, where investors will be voting on a special resolution calling for them to accredit as a Living Wage employer.

Follow this thread to get live updates from the AGM 👇👇

[Rachel Hargreaves @RachelHarg9613]

8/ The vote sends a powerful message from shareholders that Sainsbury's should accredit as a Living Wage employer

[Rachel Hargreaves @RachelHarg9613]

The results are in! Approximately 17% of investors voted in support of our resolution calling Sainsbury’s to accredit as a Living Wage employer

[Rachel Hargreaves @RachelHarg9613]

3/it’s about to begin

[Rachel Hargreaves @RachelHarg9613]

@organisehq and @38degrees shining a light on worker’s experiences

[Rachel Hargreaves @RachelHarg9613]

We asked Sainsbury's if they would share the how they were balancing all stakeholders needs, when coming to the conclusion not to support the resolution

[Rachel Hargreaves @RachelHarg9613]

.@Siobhain_Mc dialled in vocalising her support for the resolution and urging Sainsbury's to also ensure that any subcontracted staff working for them also receive at least the real Living Wage

[Rachel Hargreaves @RachelHarg9613]

5/ @equalitytrust voiced support for the resolution and asked Sainsbury's what steps they would take to reduce their CEO- median worker pay gap

[Rachel Hargreaves @RachelHarg9613]

4/ In the review of the year Simon Robert's wanted to thank all 171,000

And discussed what they had done this year, including uplifting outer London Staff to the real Living Wage in April as a result of the resolution being filed

[Rachel Hargreaves @RachelHarg9613]

3/ The AGM started with an update on performance, it's been a good year:

- Sainsbury's volume growth was ahead of major competitors
- They were pleased to deliver the best dividend to shareholders in 7 years...

[Rachel Hargreaves @RachelHarg9613]

The lack of investor engagement on Deliveroo’s approach to worker’s rights is disappointing

Deliveroo’s model also poses risks to investors – including increased risk of litigation and strikes

Worker’s rights needs to be priority topic for engagement!!

[Rachel Hargreaves @RachelHarg9613]

Today is @deliveroo’s first ever AGM where workers will be putting their questions to the board

Follow this thread to get live updates from the AGM 👇

[Rachel Hargreaves @RachelHarg9613]

We also heard from other riders who had questions on the decreases in pay they’d experienced and what the GMB deal would mean for them

But other shareholders were largely silent

ALL questions today, bar one regarding PR approaches, came from riders or NGO representatives

[Rachel Hargreaves @RachelHarg9613]

Answer, question 3:
This resonated with Will Shu and be included in discussions with GMB

However, the board gave no concrete details of what support is already available