A coalition of 120 of the world’s largest investment groups has claimed partial success in its campaign to hold companies to account on workers’ rights, after around a fifth of the 500 companies that were asked to provide data responded.
The $13tn group, which includes fund managers such as Amundi, Axa Investment Managers, Legal & General Investment Management and M&G, are backing the Workforce Disclosure Initiative, an effort to quiz companies on diversity, workers’ rights and health and safety. It was launched in mid-2018, with support from the UK government, after a pilot programme the previous year.
