Supplier associations in Bangladesh, Cambodia and India issue urgent pleas asking buyers to pay for goods produced, as millions of workers face unemployment without wages, severance and an adequate safety net; H&M steps up and other companies follow suit

Week of 30 March 2020 Supplier associations in Bangladesh, Cambodia and India issue urgent pleas asking buyers to pay for goods produced, as millions of workers face unemployment without wages, severance and an adequate safety net; H&M steps up and other companies follow suit The Bangladesh Garment Manufacturers and Exporters Association’s (BGMEA) president, Rubana Huq, issued an urgent … Continue reading Supplier associations in Bangladesh, Cambodia and India issue urgent pleas asking buyers to pay for goods produced, as millions of workers face unemployment without wages, severance and an adequate safety net; H&M steps up and other companies follow suit

Institutional investors (195 representing over $4.7 trillion USD AUM) call on companies to put the welfare of their stakeholders first, including by retaining workers, maintaining payments to suppliers and limiting executive compensation

Week of 30 March 2020 Institutional investors (195 representing over $4.7 trillion USD AUM) call on companies to put the welfare of their stakeholders first, including by retaining workers, maintaining payments to suppliers and limiting executive compensation A group of 195 institutional investors representing over $4.7 trillion USD in assets under management have issued a statement recognising … Continue reading Institutional investors (195 representing over $4.7 trillion USD AUM) call on companies to put the welfare of their stakeholders first, including by retaining workers, maintaining payments to suppliers and limiting executive compensation

As unemployment levels soar without precedent (10 million jobs lost in the US in 2 weeks), a growing number of governments are devising packages to protect workers (including self-employed) from unemployment

Week of 30 March 2020 As unemployment levels soar without precedent (10 million jobs lost in the US in 2 weeks), a growing number of governments are devising packages to protect workers (including self-employed) from unemployment Unemployment is soaring. On Thursday, the US Department of Labor announced that 10 million jobs had been lost in two weeks … Continue reading As unemployment levels soar without precedent (10 million jobs lost in the US in 2 weeks), a growing number of governments are devising packages to protect workers (including self-employed) from unemployment