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Giants of investing pressure companies on workers’ rights

UK responsible-investment group gets big-name shareholders to back its Workforce Disclosure Initiative

Bangladeshi social activists and garment workers hold placards as they mark the fifth anniversary of the Rana Plaza building collapse
Bangladeshi social activists and garment workers hold placards as they mark the fifth anniversary of the Rana Plaza building collapse Photo: Getty Images

One hundred of the world’s largest investment firms — including Amundi, Legal & General and Schroders — have thrown their weight behind a fresh drive to hold companies accountable for the way they treat their workforces.

The coalition of institutional investors, which together manage more than $12tn in assets, want more information on diversity, workers’ rights and health and safety at 500 companies spanning 11 sectors around the world.

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