Wednesday, May 31, 2023

Trustee workshop: How can pension funds advance the ‘S’ in ESG and raise labour standards?


This year is the 10th anniversary of the Rana Plaza factory collapse disaster. Over 1100 workers died and many more injured. Register

"The TUC and the Global Unions’ Committee on Workers’ Capital (CWC) are running a workshop for trustees of UK pension schemes on the social impact of investing.

This in-person event will be taking place in Congress House on the afternoon of 8th June, and will focus on how asset owners can engage with investee companies and asset managers to promote high labour standards.

Sessions will cover:

  • The CWC Baseline Expectations for Asset Managers on Fundamental Labour Rights and how asset owners can use this tool to hold asset managers to account
  • Good practices to enable UK-based asset owners to uphold responsibilities under the UN Guiding Principles for Business and Human Rights
  • The work of the Trade Union Share Owners organisation to develop voting and engagement guidelines for trade union funds, and run targeted campaigns on poor employment practices
  • The Taskforce on Social Factors launched by the government in February this year, and how asset owners can influence policy development


13:30 - Introducing the ‘S’ in ESG 

14:05 - What are UK unions doing help asset owners raise labour standards? 

14:45 - Break

15:00 - Using the CWC Baseline Expectations to hold asset managers accountable on fundamental labour rights

16:00 - Wrap up/next steps

16:15 - Finish

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