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**New CWC Report: Investing in Decent Work Paper on Occupational Health & Safety**

In this issue:

Investor Brief on Occupational Health & Safety

The CWC announces the publication of its briefing paper Investing in Decent Work: Leveraging workers' capital for healthy and safe workplaces to mark the ILO's World Day for Safety and Health at Work (April 28, 2012).

An evidence-based reflection on what poor corporate performance on worker health and safety means for investors, the report calls on investors and trade union pension trustees, in particular, to work at the global level with the UN-PRI, ILO and ITUC to advance the decent work agenda. It places the challenge of ensuring workers enjoy safe and healthy workplaces in the context of a responsible approach to investing that is geared towards long-term sustainability.

 

Read the full press release here

Read the full Investing in Decent Work report here

 

Update on OHS (Occupational Health & Safety) News

The Australian Council of Trade Unions (ACTU) has issued an Investor Risk Briefing Note regarding an ongoing and long-standing industrial dispute involving BHP Billiton Mitsubishi Alliance that operates coal mines in Queensland’s Bowen Basin. BHP Billiton has refused to negotiate on issues of central importance to workers, such as the continuance of an established role for workers in safety management.
The ACTU’s Investor Risk Briefing Note provides an overview of the dispute, an assessment of the risks for institutional investors, and asks that this issue be raised with funds and relevant investment managers.

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