RI’s human rights specialist Gina Gambetta reflects on recent developments on the 10th anniversary of the UN Guiding Principles on Business and Human Rights
Workers in apparel supply chains are among the hardest hit by the Covid-19 pandemic. Even before the pandemic, workers had to survive on poverty wages; in the first three months of the pandemic alone, workers lost at least US$3 billion in income. Poverty, discrimination, a lack of labor protections, and restrictions on movement form the breeding ground for exploitation and forced labor risks— and the Covid-19 pandemic has dramatically worsened these factors. Workers’ already meager livelihoods were taken away and many lack the support of social and labor protections, which do not extend to (undocumented) migrant workers.
A number of Danish funds have put companies under observation or axed them
The study by Bahrain-based advisor will inform an ESG advisory service set to be launched in September
Oil fund has also divested from clothing company with garment factories in Myanmar
Nest excludes fossil fuels and most sovereigns including US Treasuries
NZ Super says banks’ financing of Israeli settlements ‘inconsistent’ with UN Global Compact
Investors are ramping up environmental and social engagement with sovereign bond issuers
What connects Trump’s demagoguery to ESG concerns is that both flow from our contemporary neglect of ‘public’.
The latest developments in sustainable finance