ShinWon Corporation presented its employer‑led strategy for improving worker financial health at a United Nations‑sponsored Leadership Dialogue in Jakarta, Indonesia.
Key developments at the roundtable
The event, hosted by Deloitte Indonesia and chaired by Her Majesty Queen Máxima of the Netherlands in her role as the UN Secretary‑General’s Special Advocate for Financial Health, gathered policymakers, financial institutions, employers and international organisations.
Participants examined the most pressing financial challenges facing Indonesian workers, focusing on measurement of workforce financial health, benefit framework design and cross‑sector collaboration. Digital wage payments, savings and insurance mechanisms, and financial capability‑building were highlighted as priority areas.
During the discussion, ShinWon unveiled Project STITCH, an initiative that promotes saving habits, expands access to digital financial services and supports both emergency funds and long‑term planning. The program builds on earlier UN discussions in New York.
ShinWon also announced a partnership with RISE, a global effort to advance gender equity in the apparel and footwear sector, delivering tailored financial solutions for workers—especially women—who have limited access to formal financial systems.
Queen Máxima praised ShinWon for moving quickly from dialogue to implementation, and other attendees, including representatives from international financial institutions and development organisations, identified the approach as a scalable model for enterprise‑level financial health.
Eunice Kim, vice president of corporate strategy at ShinWon, said the roundtable offered a valuable platform to discuss financial health across global supply chains under UN leadership, reinforcing the company’s responsibility as a global apparel manufacturer.
Looking ahead, ShinWon plans to broaden partnerships that promote financial inclusion for workers with limited digital finance access, aiming to embed financial health more deeply into its long‑term welfare and sustainability framework.
ShinWon operates 15 entities in 10 countries—including Indonesia, Vietnam, Bangladesh, Guatemala and Nicaragua—and employs more than 30,000 people worldwide, continuing to focus on worker rights, benefits access and inclusive ESG practices.www.shinwon.com
Frequently Asked Questions
What is Project STITCH?
Project STITCH is ShinWon’s employer‑led financial health initiative that encourages saving habits, expands access to digital financial services and supports both emergency funds and long‑term financial planning for its workers.
How does ShinWon’s partnership with RISE address gender equity?
The collaboration with RISE focuses on creating financial solutions for workers—particularly women—in manufacturing environments who have limited access to formal financial systems.
What future steps did ShinWon outline for worker financial health?
ShinWon intends to expand partnerships that promote financial inclusion for workers with limited digital finance access and to embed financial health more deeply into its long‑term welfare and sustainability strategy.
How might these initiatives influence financial health practices across the global apparel industry?
