Library | ESG issues
Labour Rights
Labour rights govern the treatment of workers, covering freedom of association and collective bargaining, fair wages, safe conditions, reasonable hours, and freedom from forced and child labour. They are set out in the International Labour Organization’s core conventions and are increasingly tested through supply chain due diligence law. For investors, weak labour practices signal operational, legal and reputational risk, while strong ones are associated with lower turnover, fewer disruptions and more resilient supply chains.
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Global standards miss the nuance in local child labour
Research conducted by Young Lives on improving the current issue of child labour provided from a view that differs from the conventional approach: improving working conditions is more constructive than merely banning child labour altogether, as doing so would miss the social and economic nuances such as relationship ties, supporting families and gaining skills.
Business: It's time to act. Decent work, modern slavery and child labour
Decent work cannot exist where modern slavery and child labour persist, yet it is widespread across the globe. Nevertheless, a world with decent jobs can be realised with the help of companies.
