Unilever PLC on Jan. 21 said it will ensure that everyone who directly provides goods and services to the company earns at least a living wage by 2030.

The consumer goods company will specifically focus on the most vulnerable workers in manufacturing and agriculture. Unilever's supply chain comprises about 100,000 employees, over 70,000 suppliers and more than 1.5 million farmers.

The company also committed to spending €2 billion annually with underrepresented suppliers by 2025. This includes small and medium-sized businesses owned and managed by women, underrepresented racial and ethnic groups, people with disabilities and LGBTQI+.

Unilever said it will support 5 million small and medium-sized enterprises in its retail value chain to grow their businesses through access to skills, finance and technology by 2025. It also plans to reskill or upskill all employees by the same year and help equip 10 million young people outside the organization with essential skills to prepare them for job opportunities by 2030.

"The two biggest threats that the world currently faces are climate change and social inequality," said CEO Alan Jope in a statement. "We believe the actions we are committing to will make Unilever a better, stronger business; ready for the huge societal changes we are experiencing today — changes that will only accelerate."