In recognition of International Workers’ Day, on 01 May the Committee on Workers' Capital (CWC)* released its Guidelines for the Evaluation of Workers' Human Rights and Labor Standards. Produced by a trade union task force, the guidelines are ‘a comprehensive set of key performance indicators for investors to evaluate companies' performance with regard to labor relations and workers' rights,’ the CWC press released stated.
A Taskforce comprising expert ITUC affiliates and Global Union Federations from several countries (the US, Australia, Spain, Canada and the UK) has developed these guidelines so as to provide asset owners with tools to adequately incorporate decent work criteria into their investment policies and in discussions with asset managers.’
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