Workforce Disclosure Initiative puts pressure on big names
Investor group ShareAction is targeting companies including Walmart, Rio Tinto and Coca-Cola to improve reporting on workforce issues.
Image: Rob Bayer/Shutterstock
A fresh set of companies, including one of the largest supermarket chains in the world, are under pressure to disclose more information about the way they treat their workers.
ShareAction, a coalition of 120 investment managers, is targeting companies including retailer Walmart, the mining giant Rio Tinto and drinks maker Coca Cola to disclose more about the working conditions for their employees as part of its Workforce Disclosure Initiative (WDI).
Last year the WDI, which launched in 2017, warned that responses to their 2018 workforce disclosure survey provided poor data on workforce risks, with little information on low-paid workers
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