The Global Unions’ Committee on Workers’ Capital (CWC) has launched a new campaign and a report to encourage investors to support workers’ rights to join a union and bargain collectively. The ‘Shared Prosperity: The Investor Case for Freedom of Association and Collective Bargaining’ report describes the value created when workers exercise their labour rights, including improved corporate human rights due diligence, positive contributions to corporate performance in areas such as health and safety, retention, productivity, and diversity, equity, and inclusion. The report also includes guidelines for investors to embed labour rights into investment policies and implement investment stewardship practices that uphold the rights of freedom of association and collective bargaining. It marks the launch of a long-term engagement plan to advance investor stewardship on labour rights recognition by companies by CWC, a joint initiative of the International Trade Union Confederation, the Global Unions Federations and the Trade Union Advisory Committee to the OECD.
Today we launch Shared Prosperity: The Investor Case for Freedom of Association and Collective Bargaining at the CWC Workers' Capital Conference, providing a set of concrete tools for investors when companies infringe on workers’ rights to join a union and bargain collectively pic.twitter.com/GsRsL4ctz4
— CWC (@workerscapital) November 29, 2022