Levi Strauss Foundation partnered with BSR HERproject, a founding partner of RISE, from 2018 to pilot gender responsive wage digitization at a Levi Strauss & Co. supplier in Egypt. By 2022, over 9,000 workers are being paid into digital accounts and trained how to use them.
The Mastercard Center for Inclusive Growth is an anchor partner for RISE with a focus on Financial Health. Since 2018, the Center has partnered with BSR HERproject, a founding partner of RISE, to scale up wage digitization for Ready-made Garment (RMG) factories and workers. The partnership pairs digital wages with financial capability training in multiple markets, providing much needed financial planning resources for managers and workers, especially women.
The Bill & Melinda Gates Foundation partnered with BSR HERproject, a founding partner of RISE, from 2015 - 2022 to pilot gender responsive wage digitization. In 2020, the program involving 75 factories in Bangladesh led to over 150,000 workers being paid digitally, reducing payroll administration time for factories, and increasing financial literacy and economic empowerment for workers, especially women.
RISE: Reimagining Industry to Support Equality is an initiative to support collaborative industry action at scale to advance gender equality in global garment, footwear and home textiles supply chains. RISE pursues its mission through three core strategies: (1) strengthening knowledge and skills for workers and managers; (2) embedding gender equality in business practice and (3) influencing industry and public policy.
For more information about RISE Transform Financial Health and questions about wage digitization, click here to contact us