Research reveals a lack of data on vulnerable workers in supply chains, despite investor demands for better reporting and oversight.
Image: Dmitry Kalinovsky/Shutterstock
More than eight out of ten companies are failing to respond to investor demands to demonstrate how they are have oversight of their most vulnerable workers, according to new research.
The Workforce Disclosure Initiative (WDI), a project co-ordinated by responsible investment campaign group ShareAction, asked companies to report on topics such as health and safety and labour rights.
However, ShareAction, which is backed by 140 investors with $14trn in assets under management, found that 85% failed to respond. ShareAction said the response offered “little comfort” that big corporates are “responsibly” managing the fallout from t
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