Many studies show a positive correlation between employee relations and financial performance, which is especially relevant in a labour-intensive sector such as retail. This guide describes lessons learnt from a PRI-coordinated engagement that saw 24 investors managing US$1.5 trillion of assets work together to enhance 27 global retail companies’ performance and reporting on employee relations.
revised in 2018, this self-guided 40 minute E-learning module provides an introduction to the ILO’s Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy (MNE Declaration). The Declaration provides recommendations to governments, enterprises, and employers’ and workers’ organizations on how to maximize – each with different roles and responsibilities - the positive contribution of multinational enterprises to socioeconomic development and decent work, more specifically in the areas of employment, training, conditions of work and life and industrial relations. The module includes an overview of the principles of the MNE Declaration and real cases of how it can be put into practice and address a range of labour and employment issues in different contexts. It also provides a description of how the MNE Declaration relates to other international instruments which can also guide business behaviour, such as the OECD Guidelines for Multinational Enterprises, the UN Global Compact, the UN Business and Human Rights Framework and Guiding Principles, and ISO 26000.
Detailed description of the SDG 8 (Decent Work and Economic Growth) with introductory remarks from the ILO Director-General, Guy Ryder.
Highlights why CEOs should ensure their corporate pension plans should mirror their own sustainability values and the associated benefits including improved investment performance, fulfilling fiduciary duty and managing regulatory risk and boosting corporate sponsor credibility.
Investors, governments, and other stakeholders are increasingly demanding that companies demonstrate sustainable strategies aligned with the Sustainable Development Goals (SDGs). This guide seeks to support companies looking to integrate the SDGs into their financial strategy and business model. A credible SDG strategy allows a company to clearly communicate its impact, facilitates easier access to the growing market for SDG financing, and connects investors with a pipeline of potential opportunities to address the SDG investment gap.
The publication highlights the potential role of social dialogue in fostering stability, equity, productivity, sustainable enterprises and inclusive growth. It also showcases some successful examples.
Business has much to gain from more inclusive economic prosperity, through access to new markets, unleashing more innovation, and greater social stability so necessary for markets to function. Conversely, business has much to lose from an economy that fails to capitalize fully on human capital, constricts markets, and experiences sluggish demand. This working paper introduces BSR’s perspective on the business role in creating inclusive prosperity.
Climate change and the economy are inextricably linked. This report highlights how companies across sectors can better understand how they can contribute to more climate-resilient and inclusive economies.
Breakthrough innovation has the potential to accelerate and scale up solutions to addressing decent work deficits. This webinar is the first session in a thought leadership webinar series as part of the Action Platform on Decent Work in Global Supply Chains. It explores how technology can advance decent work in global supply chains, specifically focusing on the potential of blockchains. Experts from the UN Global Compact, International Labour Organisation, SAP Ariba, Eachmile Technologies and Sourcemap discuss how blockchains are already used to advance decent work in global supply chains and explore the potential blockchain technology has to help improve the live of workers and their families.
In March 2017, the ILO Governing Body adopted a revised version of the MNE Declaration. Provisions on the elimination of child labour and other fundamental principles have been added. It also provides guidance on due diligence processes in achieving decent work, sustainable business, and more inclusive growth; particularly relevant for the achievement of SDG 8 and other decent work related goals and targets. This webinar explores the revised MNE Declaration and its range of operational tools, and how the Child Labour Platform promotes its principles.
Migrant workers are often susceptible to unfair recruitment and hiring practices, leaving them highly vulnerable to exploitation. For many, the debt burden they carry from excessive recruitment fees and migration costs exacerbates this vulnerability and can lead to debt bondage and forced labour. This note calls on business to take action to address such exploitative practices and their associated risk to labour abuse. References to relevant international standards and links to multi-stakeholder initiatives and additional resources are included to provide further guidance.
Coping, shifting, changing features recommendations focused on measures that companies can adopt to address the problems caused by market short-termism, and actions that investors can take to support companies in those efforts