Wespath Benefits & Investments asserts that the acts of the members of the Managing Board of HeidelbergCement AG should not be approved and recommends a vote against agenda item 3, resolution on the discharge of the Managing Board for the…
The WDI leverages the power of institutional investors to improve the quality and quantity of workforce reporting from multinational public companies. The
initiative is backed by 53 institutional investors with $7 trillion in (AuM). In 2020, 141 global companies participated in the survey.
Lack of understanding and oversight of the workforce as well as supply chain leads to increased operational risk for company and in turn heightens investment risk. Covid‐19 has shone a spotlight on the myriad costs associated with poor workforce practices (reputational, legislative and operational). Increasing requirements for mandatory disclosure around ‘S’ topics for both companies and investors have also raised the cost (financial, reputational) of poor
reporting and due diligence on this issue.