Glossary

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M

In an ESG context, Materiality refers to a topic, area, or information that could influence financial outcomes or impact created in an organization.

The minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.

https://www.ilo.org/topics/wages/minimum-wages/how-define-minimum-wage