Prosegur: Uni Global Union turns to investors to draw their attention to what it claims are human rights violations by the Spanish security firm

On Wednesday 01 March the global union federation Uni Global Union organized an investors meeting to draw attention to human rights violations that according to Uni Global that the Spanish security firm in both Latin America and India could have committed. The global union recognized that it was undertaking an unusual move, just a few days before the company listed its cash-in-transit business on the Madrid stock market. The union justified its move by way of the Spanish group’s refusal to respond to complaints. Uni Global has turned for the second time to the Spanish National Contact Point (NCP) for the OECD criticizing  human rights violations and the absence of any reasonable due diligence policy to prevent such breaches and which according to the union would explain that fact that the company is regularly subject to similar controversies.
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The backstory to this meeting is Uni Global’s latest Spanish NCP appeal made in January 2017 over events similar to the first complaint that was lodged back in 2013 (c.f. article No. 7990), albeit this time now based on a new set of facts. Uni Global is criticizing both anti-union practices and violations of the right to freedom of association in South America as well as breaches of minimum wage laws in India. These are two areas of concern we have. “A third area is that Prosegur is not...

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