November 2019

1. ILO Research Department Seminar

   Socially Responsible Investment and Decent Work

   ILO’s Global Commission on the Future of Work stressed the key role of long-term financing and its impact in the creation of decent and sustainable work. The commission pointed the need to develop market-based incentives to promote the alignment of business activities with the human-centred agenda adopted by the ILO. The seminar will aim at questioning the potential role of Socially Responsible Investment (SRI) in this purpose. The objective of SRI is for investors to select securities not only on the basis of purely financial criteria, but also according to social, environmental and ethical requirements (ESG) such as low carbon emissions, decent working conditions and transparent corporate governance. Professor Louche will address this issue by highlighting the role of ESG rating agencies and their methodologies, identifying the difficulties in measuring ESG criteria and questioning the potential complementarities between the three dimensions of SRI.