"Investors Call for Strong Global Worker Convention to Protect Gig and Platform Workers" 11 March 2026

The International Labor Organization (ILO) issued its Blue Report last week, which is a draft Convention and Recommendations related to decent work in the platform economy.  As investors, we believe the goal of negotiations should be clear: to adopt a Convention and Recommendation that protects workers, and thus helps mitigate operational, legal, and reputational risks, which helps investors, fulfill their fiduciary duty to manage long-term value and protect assets. The Convention must avoid unnecessary caveats or exceptions that weaken its meaning or implementation, and deliver substantive protections that can be applied in practice.

Following this release, ICCR issued an Investor Statement in Support of a Binding Convention on Decent Work in the Platform Economy, supported by 200 investors representing over $2.3 trillion in assets under management and advisement. Investors support the adoption of a robust, binding Convention, supplemented by a Recommendation, promoting decent work in the platform economy at the next International Labour Conference in June 2026. International labor standards create a level playing field across countries and business models, providing legal certainty and reducing regulatory and reputational risks. Investors support a binding international convention that ensures support for labor rights, social protections and dignity for all workers in the platform economy...