Better Work is the product of two leading international organizations with strong track records in reducing poverty and increasing rights and opportunities where they are needed.
The International Labour Organization (ILO) is the specialized labour agency of the United Nations with expertise in social dialogue, labour standards and the application of labour laws; and the International Finance Corporation (IFC) is a member of the World Bank Group, and is the largest global development institution focused exclusively on the private sector. Combined, these organizations have created a paradigm for effective partnerships that guides our activities.
ILO has authority in labour issues through its tripartite membership, substantive knowledge of labour standards and long-term technical assistance and engagement with Member States. ILO contributes to Better Work this critical experience in bringing together governments and employers’ and workers’ organizations to seek solutions that work for businesses and people.
Working with private enterprises in about 100 countries, IFC uses its capital, expertise, and influence to help eliminate extreme poverty and boost shared prosperity – including improving standards of performance in labour and working conditions. IFC’s contributions include its investment networks and expertise in private sector development, experience in the development and implementation of social and environmental standards and its ability to scale up sustainable programmes.