Vigeo Eiris is a global provider of environmental, social and governance (ESG) research to investors and public and private corporates. The ESG ratings agency has recently published a report on the commitments and provisions pertaining to social dialogue by 2,400 listed companies. Social dialogue is seen as a subject largely swept under the carpet.
Social dialogue may well enjoy a set of international standards but it nonetheless remains the poor relation in CSR family. Thus the observation from the latest Vigeo Eiris study Social dialogue: a corporate social responsibility ‘blind spot’, which accorded an overall average score of 25/100 achieved by the 2,400 companies under review.
Only a small minority of companies worldwide (4%) issued a formalized commitment to promote labor relations in partnership with employee representatives. Conver
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