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Article

28 Nov 2001

Author:
Local Authority Pension Fund Forum [UK] in CSRwire

LAPFF Reveals New Shareholder Engagement on Labour Standards

The £40 billion Local Authority Pension Fund Forum has unveiled a new phase in its three year long campaign to raise overseas labour standards in the supply chains of UK retailers. The Forum has analysed the codes of conduct adopted by the nine retail groups in the FTSE100 in order to identify which are the most comprehensive and which are weakest...The two companies with the most comprehensive codes were Safeway and Tesco. All other companies ignore at least one of the 'core' labour standards agreed by the International Labour Organisation (ILO).