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Labour rights violations
Labour rights abuses in industries such as textiles and electronics manufacturing include poor working conditions and unfair wages. Ethically-minded investors typically exclude companies known for violating labour laws from their portfolios or engage with them to improve labour practices, aiming to support decent working conditions globally.
Fund managers employ a variety of methods to address labour rights violations. Some exclude companies that show a systemic disregard for employee rights, using assessments aligned with global labour standards, while others may use negative screening strategies to avoid investing in firms involved in harmful activities against people. Additionally, certain funds adhere strictly to international guidelines like the United Nations Global Compact Principles, excluding companies that fail to respect human rights, labour rights, environmental standards, and anti-corruption practices. These approaches aim to promote ethical investment by holding companies accountable for their labour practices.
29 May 2024The Human Factor: Why Labour Rights MatterESGCheck
Labour rights are a cornerstone of any functioning society, ensuring that workers are treated with dignity, fairness, and respect. These rights encompass a range of issues, from fair wages and safe working conditions to the right to unionise and bargain collectively. In this article, we will explore why labour rights matter, the historical context behind these rights, and the ongoing challenges faced by workers worldwide.
10 Apr 2024ESG and RI: Beauty is in the eye of the beholderESGCheck
One of the most significant trends impacting managed funds and investment management has been the trend towards ESG - otherwise known as Environmental, Social & Governance, or more broadly, RI or Responsible Investment. According to some sources - particularly those who are strong advocates of the cause - 83% of investors consider ESG or RI to be a significant factor in their invest decision or choice of a managed fund. That may well be the case, but finding funds that meet an individual investor's requirements is anything but simple.