Employees Get New Attention from Investors
Workers are getting increased scrutiny from an unexpected quarter: investors. A group of international investors managing more than $12 trillion has written to 500 of the world’s top companies, calling for more information about the treatment of their employees, reports Reuters. More than 100 institutional investors from 11 countries have signed a letter sent by the Workforce Disclosure Initiative, coordinated by ShareAction, seeking better data on issues such as diversity, workers’ rights and health and safety in their supply chains.Vaidehee Sachdev, senior research officer, ShareAction, said “Investors and civil society want to see evidence that companies are proactively improving workforce practices for the betterment of business, workers and wider society.” It’s the latest evidence that the investment community is looking beyond a sole focus on the bottom line to measure the real value of a company.
John Howell, Editorial Director