SHARE BC Pension Forum Vancouver 21/22 February 2018 Real assets: - - PowerPoint PPT Presentation

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Sep 07, 2023 15 likes •46 views

SHARE BC Pension Forum Vancouver 21/22 February 2018 Real assets: Implications for workers, labour rights and labour standards Rod Pickette Capital Strategies Officer Australian Council of Trade Unions DRAFT V6 (at 24 January 2018)

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SHARE BC Pension Forum Vancouver – 21/22 February 2018

Real assets: Implications for workers, labour rights and labour standards Rod Pickette Capital Strategies Officer Australian Council of Trade Unions

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DRAFT V6 (at 24 January 2018) Consultation Draft A Labour Standards Code for asset managers considering investing in an infrastructure project

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Appendix 1: Diagrammatic outline of the working model for a ratings service (overleaf)

Investment adviser/s Asset manager/s

Companies

Fund pays board for ratings agency reports Ratings agency contracted to Board Ratings agency seeks information from companies for its reports for funds Ratings agency reports to funds Funds require advisers/asset managers to integrate labour and human rights indicators into investment processes Fund managers required to engage with companies and exercise voting rights based on ESG performance reported by the ratings agency

External validation of labour & human rights indicators; Ratings agency methods + Super fund integration practice

CWC Guidelines

n Labour

Standards