UNI Global Union, the international union federation for the services sectors, and a group of large investors – asset managers and 70 pension funds looking after $3.34 trillion of assets combined – sensitive to the topic of socially-responsible investment have teamed up to put pressure on businesses operating at retirement and nursing homes (for example, Orpea, Chartwell and Sienna Senior Living) to commit to improving the working conditions for their staff.
In a joint statement, the group of investors, coordinated by UNI Global Union, sets out the topics on which they would like firms in the public care sector to develop global policies. The coalition puts forward proposals in the following areas: combatting understaffing, increasing wages, respecting the right to bargain collectively under International Labour Organization conventions, and ensuring staff representation on committees dealing with health and safety. The investors also call on owner
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