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 My name’s t to tackle social and environmental issues. ShareAction’s Good Work programme coordinates a coalition of institutional investors as well, with £3.7 trillion assets under management, and they’re keen to see companies adopt good work strategies, including meeting standards such as the living wage employer accreditation. So I’m pleased to see that the company recently settled on the three-year agreement, which you’ve already noted was good for shareholders as well as other stakeholders, and that included a 10% pay increase and one-off lump sum to postal grade employees. And my understanding is that will lift the basic rate of pay to a rate that is above the real living wage. In the context of high inflation, paying at least the real living wage has never been more crucial. However, even with the new deal, the company still falls short of paying a living wage to your thirdparty contracted workers, which is a commitment that all living wage accredited employers would pledge to deliver, and they’re often low-paid roles and include agency staff, and they’re particularly exposed to the rising cost of living. So I’d, therefore, like to ask the board, will the company commit to uplifting the pay of third-party contracted staff and becoming an accredited living wage employer? And also, further, given the long, drawn-out nature which you referred to of the recent pay dispute at Royal Mail, could you explain how IDS plans to rebuild and strengthen industrial relations, and detail how you’re going to ensure that you have the workforce necessary to deliver quality service improvements to benefit the business and all other stakeholders? And finally, would you be willing to meet with ShareAction and the Good Work investor coalition to discuss these issues further? Thank you.

Question posée par : Jennifer. on behalf of ShareAction, which is a charity that campaigns for responsible investmen

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