Eight Dutch institutional investors, with combined assets of €725 bn, have launched the Platform Living Wage Financials (PLWF) initiative campaigning for fair wages in the textile sector in the developing world. The investors, which include asset managers MN, Kempen, Achmea IM, NN IP and Robeco, also aim to ban child labour and excessive overtime. The initiative has demanded that textile manufacturers increase the salaries of staff in clothing factories to a ‘living wage’, according to information posted on the website of Investments and Pensions Europe (IPE).