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Corporate News - 29/01/2018

A new ILO study based on the Vigeo Eiris database

Uneven practices in voluntary labour commitments: an exploration of major listed companies through the Vigeo Eiris database

 

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Research Department Working Paper n°22

Over recent decades, the emergence of new forms of private governance has been one of the most important features in global labour governance. At the moment, our understanding of private governance is however still fragmented and little is known about the degree to which major companies worldwide support these mechanisms.

The aim of this paper is to provide a preliminary overview of voluntary labour commitments undertaken by major listed companies worldwide.

In this article, the relatively uneven practices according to different socioeconomic characteristics are highlighted. Companies originating from Western Europe clearly stand out as making more voluntary effort in general.

A relatively small number of companies worldwide disclose strong commitment to freedom of association for example. These companies generally fare better in other CSR dimensions.

Focusing on enterprises from Western Europe and North America, the author also discuss the way companies might be affected by controversies in their global operations, and question the link between CSR practices and controversies.

Date issued: 06 November 2017
Authors: Guillaume Delautre

To read more download “ILO full working paper”.

About Vigeo Eiris
Vigeo Eiris is a global provider of environmental, social and governance (ESG) research to investors and public and private corporates. The agency evaluates the level of integration of sustainability factors in the strategy and the operations of organisations, and undertakes risk assessments to assist investors and companies in decision‐making.
Vigeo Eiris offers two types of services through separate business units:
• Vigeo Eiris rating offers a large range of products and services designed for all kind of investors and covering all sustainable and ethical investment practices.
• Vigeo Eiris enterprise works with organisations of all sizes, from all sectors, public and private, to support them in the integration of ESG criteria into their business functions and strategic operations.
Vigeo Eiris methodologies and rating services adhere to the strictest quality standards. Vigeo Eiris is a CBI (Climate Bond Initiative) Verifier.

Vigeo Eiris is present in Paris, London, Boston, Brussels, Casablanca, Hong Kong, Milan, Montreal, Rabat, Santiago and Stockholm. The team is composed of more than 200 experts of 28 nationalities with diversified and complementary skills.
Vigeo Eiris has developed the Vigeo Eiris Global Network made of 7 research providers (Australia, Brazil, Germany, Israel, Japan, Spain and Mexico).
For more information: www.vigeo-eiris.com

 

Keywords : csr, Rating, Voluntary labour, World