OECD report on Corporate Debt Vulnerabilities exposes the dangers of unconditional monetary support and the need to take action for long-term business models
Signs of the global slowdown continue to accumulate. Manufacturing production is shrinking in several key economies, retail sales are disappointing, world trade is substantially losing steam and some countries are already in technical recession. The joint economic upturn across the globe we saw ...
TUAC calls for enhancing the corporate governance agenda at the OECD/ Appel du TUAC à l’OCDE pour un agenda renforcé sur la gouvernance
On 16 october 2018, the TUAC held consultations with the OECD Committee on Corporate Governance and took part in a committee roundtable on compay group structures, together with the business counterpart the BIAC. The TUAC shared the following submission, the key policy messages being: Current ...
Implementing the OECD Due Diligence Guidance for Responsible Business Conduct
In May 2018, the OECD Council adopted a Council Recommendation to promote and implement the OECD Due Diligence Guidance for Responsible Business Conduct. The Recommendation was released at the OECD 2018 MCM. The Guidance explains how companies should conduct diligence to avoid and address ...
Success for US Hotel Workers at the French NCP – UNITE HERE
At the French NCP’s 2018 Annual Meeting, Jeremy Blasi from UNITE HERE describes how an OECD Guidelines case filed in France helped US hotel workers in Los Angeles to unionise – with support from the French pension funds. My name is Jeremy Blasi. I am a staff attorney with UNITE HERE ...
TUAC AND PSI INTERVENTION AT OECD’S HEALTH COMMITTEE ON “SUSTAINABLE ACCESS TO INNOVATIVE MEDECINE”
The OECD’s Health Committee is currently analyzing the challenges member states are facing in ensuring sustainable access to new and innovative treatments to all those in need. On the occasion of the 22nd meeting of the Health Committee on the 11th of December, TUAC and PSI urged the OECD ...
TUAC Liaison Committee with the OECD tackles the Future of Work, the Future of the Firm
The Liaison Committee Meeting (LCM) is an opportunity for the TUAC to exchange views with the OECD Council and the Secretariat on key policy issues and OECD initiatives. At the LCM 2017, the discussion centers on today’s and tomorrow’s employment challenges – the Future of Work – and the ...
Qatar: Swiss Government Mediation between BWI and FIFA a Good Step
The ITUC has welcomed the outcome of a Swiss Government-mediated agreement between the Building and Wood Workers’ International and FIFA over conditions for workers building the stadiums for the 2022 World Cup in Qatar. The agreement, which follows a complaint lodged by the BWI in Switzerland, ...
FIFA welcomes outcome of NCP mediation process on workers’ welfare in Qatar
FIFA welcomes the Final Statement published today by the Swiss National Contact Point for the OECD Guidelines for Multinational Enterprises (Swiss NCP) in the context of the specific instance that was submitted by the Building and Wood Workers’ International (BWI). FIFA considers the discussions ...
Swiss set cooperation conditions for FIFA and Qatar on worker rights
The international federation of football associations (FIFA) and Qatar’s Supreme Committee for Delivery and Legacy have agreed to cooperate to ensure the ongoing safety of workers building the stadiums for the 2022 FIFA World Cup Qatar, after a human rights complaint by a trade body was resolved. ...
New OECD due diligence guidance targets the garment and footwear sector
The garment and footwear sector is one of the largest consumer goods sectors in the world. Although it represents an important economic driving force, the tragic collapse of the Rana Plaza factory in 2013 brought global attention to the risks of severe adverse impacts both in manufacturing but ...