Investment, Employment and Decent Work :
Socially Responsible Investment and the ILO
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Geneva, 4 May 2001 Salle IV, R3 9h – 13h |
(Jointly organized by ACTRAV and the Social Finance program)
In the US socially responsible investments by major financial institutions totals US $ 3,1 trillion, roughly 13% of total invested assets under management. SRI has grown tremendously over the past few years, and at twice the rate of total market capitalisation.
In industrial economies there is an increasing demand for investment options that give a premium to corporations with socially sound practices. The definitions of "socially sound" practices as well as the rating methods of corporate performance are complex and varied. Another open issue is the involvement of social partners.
SRI could have far-reaching implications for the work of the ILO. It holds the promise of influencing the application of fundamental labour rights globally and complementing other ILO promotion tools.
Programme
| 9h00 - 9h15 | Welcome and introduction |
| 9h15 - 9h45 | Robert Rubinstein (Brooklyn Bridge, Amsterdam) SRI - current status, trends and global significance |
| 10h00 - 10h30 | Steven Lydenberg (Kinder-Domini-Lydenberg, Boston) SRI Rating - how much actually is "social"? |
| 10h45-11h15 | Jon Robinson (ICFTU) SRI – the trade union perspective |
| 11h30 - 12h00 | Andreas Sturm (ELLIPSON, Basel) SRI and pension funds |
| 12h00-12h30 | Dominique Habegger (Lombard Odier Cie, Geneva) SRI - a view from a private Geneva bank |
| 12h30 - 13h30 | Debate, Q and A, wrap-up |
Moderators Jim Baker (ICFTU) and Bernd Balkenhol (ILO/Social Finance)
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