"I think a common experience for young people as they become more and more aware of how the world works is a questioning of norms and grey-area corporate acts: why have certain actions and inactions been allowed without repercussion? What about the people that affected? This questioning is often met with condescending affirmation of the status quo, implying the questioning is naïve in the first place. It is easy to see how this breeds a paradigm of not asking questions, adapting to a counter-productive workplace culture, glossing over issues and sometimes an attitude of cynicism. In attempting to fight this seemingly insistent bureaucracy and passivity, as a young person, it can be hard to know where to begin.
It was with these questions in my mind that on 25 August I had the pleasure of attending the 2020 Australian Dialogue on Business and Human Rights held by the UN Global Compact virtual conference. The recurring themes throughout the conference of being brave, challenging unconscious bias, and asking uncomfortable questions reiterated that young people should not be staying silent when these issues come up” .
While the response to climate change risk by regulators, financial institutions and publicly listed companies is welcome, it currently is not enough to ensure a safe climate. This submission provides a comprehensive assessment of the current risks relating to Australia's key export sectors.
It is estimated that 100 pairs of hands touch your clothes before they arrive in your wardrobe. That’s 100 people at risk of modern slavery, poor working conditions, and exploitation. Ethical Partners has recently signed the Investor Statement in Support of the maintenance and expansion of the Bangladesh Accord.
During March 2021 the Fund returned 3.07% versus the S&P/ASX 300 Accumulation Index of 2.30%, outperforming the market by 0.77%. An overweight position in consumer staples and an underweight position in materials contributed to relative performance while an overweight position in financials and an underweight position in consumer discretionary detracted from relative performance. The Fund is +20% over the last six months.
Globally, 15% of the population are persons with disabilities. The labor force participation rate globally for people with disabilities sits at 32.8% compared to 77.1% for those without disabilities. We believe it is imperative that investors use their shareholder voice to raise the awareness of this important diversity issue and help companies to improve their inclusion.