RISE | LinkedIn (original) (raw)
Organisations à but non lucratif
Paris, Ile-de-France 3 269 abonnés
Reimagining Industry to Support Equality
À propos
RISE: Reimagining Industry to Support Equality is a collaborative initiative supporting industry to advance equality for women workers in global garment supply chains. RISE brings together the four largest women’s empowerment programs in the apparel industry - from BSR’s HERproject, Gap Inc. P.A.C.E, CARE and Better Work - to build from proven approaches, scale impact and improve efficiency. The four founding partner organizations work with 50 of the world’s largest apparel brands and have reached over five million women workers globally. This single approach makes it easier and more efficient for industry and wider stakeholders to drive accelerated and lasting impact on gender equality.
Secteur
Organisations à but non lucratif
Taille de l’entreprise
11-50 employés
Siège social
Paris, Ile-de-France
Type
Non lucratif
Lieux
Employés chez RISE
Nouvelles
- 🟡 Advancing Financial Inclusion and Resilience in Global Supply Chains: A Practical Guide for Financial Service Providers using Examples from #WageDigitalization in the Garment Sector 🟡 An estimated 60 million workers power the global garment industry, the majority of whom are women, under 35 years old and underbanked. Many are aggregated in large workplace settings which are easy to reach. Expanding the #FinancialInclusion and resilience of this significant market segment can lead to benefits for women and men workers, employers, financial service providers and the wider economy – a win-win all around.#FinancialServiceProviders can play a catalytic role in developing an active new market segment using wage digitalization as an effective entry point when coupled with relevant and affordable financial products and services (such as remittances and savings). This can drive revenue generation and long-term strategic benefits for financial service providers while expanding inclusion of women and men in the digital economy and improving their financial health. RISE and Mastercard Mastercard Center for Inclusive Growth have demonstrated that wage digitalization, coupled with financial capability training that considers the needs of women has led to 91% of workers being paid into accounts (up from 46%); 85% of workers accessing mobile money accounts (up from 52%) and 81% of workers saving regularly (up from 56%). In this guide for financial service providers, we share insights and recommendations to develop this garment sector segment: 1. Acquire new customers at scale through responsible wage digitalization; 2. Drive account usage of a range of financial products and services; and 3. Expand product offering to build financial security A long-term and collaborative approach is critical to the segment; understanding customer needs, especially women and building trust and reputation through strong customer service. In doing this, financial service providers can unlock new opportunities for growth in this segment, creating sustained returns and advancing financial inclusion and resilience for garment workers.
- 🟡 Watch our webinar on ‘Increasing financial inclusion in Egypt’s garment sector through responsible wage digitalization: benefits for workers and business’. Featuring insights around wage digitization in Egypt and Jordan and how to take it to scale in a way that benefits women and men garment workers from: Asma Bahubaish (Marib International Garments), Lisa Richman (Mastercard Center for Inclusive Growth Mastercard), Dr Ahmad Moussa (Center for Development Services (CDS) and Samer Bakeer (United Nations’ Better Than Cash Alliance).#FinancialInclusion #Egypt #FinancialHealth #HRDD #GarmentSector #WageDigitalization
Increasing financial inclusion in Egypt’s garment sector through responsible wage digitalization
https://www.youtube.com/
- Ralph Lauren’s 2024 Global Citizenship & Sustainability Report is out now. Ralph Lauren launched two RISE programs this year to build capability and train workers in supplier factories: RISE Digital in Cambodia helps to improve #DigitalLiteracy and provides tools to improve health, financial, relationship and stress management, and RISE Respect in India to prevent and address gender-based violence and harassment. The brand also co-sponsored the RISE Digital pilot in Guatemala, as part of RISE’s expansion to the country. 🟡 Find out more about Ralph Lauren’s partnership with RISE https://lnkd.in/ec4Hu_p
- Last Friday, we launched the latest Sustainability Recommendation Paper, highlighting the rapid growth of wage digitalization in #Cambodia's garment, footwear, and textile (GFT) sector—from just 22% in 2018 to 72% by 2024. #WageDigitalization benefits employers, workers, and the broader economy by enhancing transparency, #FinancialInclusion, and security, especially for women, who make up 75% of the workforce. Key findings: 💡 Significant cost savings for factory owners. 💡 Increased adoption of #DigitalPayrollSolutions, boosting access to financial services. 💡 Challenges like limited infrastructure in rural areas and low financial literacy require ongoing collaboration. The paper outlines key recommendations, including incorporating wage digitalization into national strategies, supporting workers through financial literacy initiatives, and incentivizing factories to adopt these practices without shifting costs onto workers. This paper was developed in collaboration with GIZ Cambodia, Responsible Business Hub Cambodia The RBH Network, EuroCham Cambodia, TAFTAC, RISE, International Labour Organization, and Better Factories Cambodia. Download the report to explore our actionable recommendations on how to support wage digitalization, enhance worker #FinancialLiteracy, and promote an inclusive digital economy. Full report (ENG)🔗 https://lnkd.in/dm2WVqz9Executive summary (ENG / KH) 🔗 https://lnkd.in/d47VmyrU #FinInclusionWeek
- We are seeking an organization based in #Guatemala to implement the RISE Respect workplace program focused on gender-based violence, in the country. The organization will deliver the RISE Respect program at garment factories in Guatemala following the RISE curriculum and design. To find out more and register your interest: https://lnkd.in/e6r5rrRp