Living Wage Conference NCP OECD Guidelines conference 27 October 2015
600.000 clients 12 Bln AUM +-150 staff members 1 office Mission: Retail Bank ‘Our economic Dutch Market conduct is aimed at (Savings, check account, investment promoting funds, finance big sustainability in projects) society’ 2
“Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” (Brundtland Report, UN, 1987) 3
Our human rights policy on living wage: 4
Our roles: investor, supporter, accelerator dia’s zonder 5
Research Our research: 1.Mapping risks 2.Involvement in exclusion criteria? 3.Relevant policies in place 4.Practice? Sources: Sustainalytics, EIRIS, the company, public domain, global news, reports by CSOs 6
Risks for the electronics sector dia’s zonder - Involvement in weapon production - Conflict minerals - Labour-related issues in production and supply chain including wage - Health and safety - Etc …… 7
8
Examples Approved / disapproved Apple Technicolor SA Canon Electrolux Cisco Systems Electrocomponents Dell Philips Hewlett-Packard IBM Indesit Sharp Reasons: Sony controversies TDK labour rights (supply Chain); Weapon criterion 9
Living Wage roadmap for the Electronics sector? 10
Concluding … - Role for investors to put living wage as an issue on the agenda - Role for government to set standards - Question for the audience: how do you see your own role to put living wage on the agenda? 11
Thank you! Questions? hansje.vanderzwaan-plagman@asnbank.nl
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