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Social impact, rights & just transition · Core

Pay equity

Also called: compensation equity

ELI5

Fairness of pay across comparable work and groups.

Used in conversation

“Which standard and reporting period govern pay equity?”

Pitch context

You will see “Pay equity” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches social impact, rights & just transition.

Why it matters: In social impact, rights & just transition, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

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Sources & evidence · 5

Direct term-level sources and supporting source families.