Stahl achieves Living Wage certification, strengthening commitment to fair compensation and employee well-being
Waalwijk, August 19, 2024 – Stahl, a global leader in speciality coatings and treatments for flexible materials, has been awarded with the Living Wage certification by the Fair Wage Network. A vital recognition that reflects the company’s deep commitment to ensuring that all of its nearly 2,000 employees worldwide receive compensation that allows them to live with dignity and security. This certification signifies more than just compliance with a standard – it represents a significant step towards improving the lives of employees and their families across the globe.
A living wage means more than a paycheck. It provides employees with the ability to cover the essential costs of living, such as housing, food, healthcare, and education for their children, while still being able to save for the future and participate fully in their communities. Stahl’s decision to pursue this certification stems from a belief that fair compensation is not just a business responsibility but a moral one, impacting the overall quality of life for its employees.
“This certification underscores that at Stahl we are serious about taking our responsibility. We are making sure that all employees working for Stahl can support themselves and their families” said Maarten Heijbroek, CEO at Stahl. “We know that when people are paid fairly, it gives them a sense of security, well-being and belonging. That is the kind of environment we want to pursue at Stahl”
This Living Wage certification further aligns with Stahl’s ambitious ESG objectives, which prioritize achieving its carbon emission reduction targets, the well-being of its employees, and the promotion of diversity, equity, and inclusion (DEI).
This certification is a confirmation of Stahl’s belief that fair wages are essential not only for individual well-being but for the health and resilience of entire communities. It’s also sending a clear message to its employees: their hard work is valued, and the company is committed to ensuring that they are compensated in a way that reflects that value. It goes beyond mere business practices – it’s about Stahl taking responsibility for the impact it has on the lives of the people who make its success possible.