Living wage

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Artículo
4 March 2019
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Historia
4 March 2019
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  In February 2019, Fair Action released a report exploring, among other things, the role of Nordic banks (as shareholders) in holding H&M accountable to its promise to ensure living wages for garment workers in its supply chain by 2018, particula...

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Respuesta
3 March 2019
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Autor(a): Laura Natumi McTavish, Responsible Investment Analyst, DNB, Norwary

We have had extensive dialogue with Framtiden i Våre Hender to explain our position and how it would be presented in the report.  Unfortunately, we believe that the report’s conclusion does not accurately reflect DNB’s position and work with H&M. ...

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Respuesta
3 March 2019
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Autor(a): Karin Askelöf, Head of Responsible Investments, Handelsbanken, Sweden

Our comment ...

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Artículo
3 March 2019
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Autor(a): Jeanett Bergan, Head of responsible investments, KLP, Norway

On a general note KLP's guidelines for responsible investments describes how KLP works with engagement, voting and exclusions. Serious or systematic violations of human rights and other gross or systematic breaches of labor rights are part of KLP's...

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Respuesta
3 March 2019
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Autor(a): Sofia Aulin, Sweden

At Länsförsäkringar Fondförvaltning we do a sustainability analysis of the Swedish companies held within our actively managed portfolios, including H&M. We believe that H&M has strong ESG practice but at the same time we are aware of the fact...

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Respuesta
3 March 2019
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Autor(a): Hans Tronstad, Director of Communications Sparebank 1 SMN, Norway

Responsibility and sustainability are integral parts in our way of investing. We spend both time and resources (externally and internally) to gather information to ensure that we have a solid basis to properly evaluate companies. ESG-factors are thus...

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Respuesta
3 March 2019
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Autor(a): Eva Siling, Group Sustainability, SEB Group, France

Thank you for your email and for giving us the opportunity to respond. We welcome being scrutinized and recognize the importance of fair living wages. We have been in dialogue with H&M on the issue since 2015 (directly and through our engagement...

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Respuesta
3 March 2019
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Autor(a): Aurora Samuelsson, Investment Analyst, ESG, Skandia, Sweden

In short Skandia would like to high light that Skandia have both policies and processes in place to manage sustainability risks and opportunities when analyzing companies in its investment universe. Skandia does also have several “position papers”...

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Respuesta
3 March 2019
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Autor(a): Agnethe Brown Erland, Sustainability Manager, SpareBank 1 SR-Bank, Norwary

We are aware of the problems concerning living wages in the garment industry, and we recognize the importance of working towards better working conditions in the textile industry....

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