Investors to Corporations: Do You Stand with Workers—or Against Them?
 |
|
A coalition of major investors who oversee more than $750 billion in assets is joining the fight for workers’ freedom to form unions by asking major corporations what they’re doing to protect and enhance the ability of workers to form unions.
These investors want to know about these corporations’ workplace policies and whether these companies are lobbying for—or against—the Employee Free Choice Act, a critical bill to protect workers’ freedom to form unions and bargain. They’ve sent a letter to 100 CEOs asking for answers.
Investment leaders representing 36 investment funds and pension funds signed on to the letter, which they’ve sent to each company listed on the Standard & Poor’s 100 index, including major corporations like Bank of America, McDonald’s and Lowe’s.
