Gap sets new goal for apparel suppliers to pay garment workers digitally by 2020
Gap announced a new goal for all of its tier 1 suppliers - approximately 800 factories in about 30 countries - to make the transition from a cash-based system to digital payments by 2020. More than 60% of Gap Inc.'s supplier factories already provide digital payments methods, such as online transfers to bank accounts or mobile wallets. The new goal will help scale this progress across the company's global supply chain, the company said. "At Gap Inc., we believe that good business practices can help change the world and fuel growth. By having our suppliers pay garment workers digitally, we aim to accelerate the transition towards a more transparent workplace for the women and men who make our clothes. It's a win-win for garment workers and factories alike," said David Hayer, Senior Vice President of Global Sustainability at Gap Inc. and President of Gap Foundation.