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The Covid-19 pandemic has seen hundreds of investors publicly urging companies to support workers’ rights. Such public support is welcome, not least as workers are asking for support and accountability from investors.
Take the US meat processor Tyson Foods as an example. Magaly Licolli, Executive Director of worker-based human rights organisation Venceremos, urged shareholders at the company’s AGM yesterday to vote for a human rights due diligence resolution.
“Workers need, and deserve, a significant improvement in pay, paid sick leave and safe working conditions,” she noted. “It is unacceptable that workers must rely on community aid to survive while working for the most powerful US meat company.”
Going beyond engagement behind closed doors, voting on ESG proposals is becoming an increasingly important tactic for mai…