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New metrics proposed for assessing labour risk

ESG Investing Monday 18 October 2021 15:50 GMT

Casey O’Connor Willis, senior program manager at NYU Stern Center for Business and Human Rights, explains why corporates should be encouraged or even required to provide high quality information about their outsourcing. Outsourcing, especially outsourcing overseas, lies at the heart of low-wage jobs, job insecurity and income inequality. O’Connor Willis goes on to suggest a new framework of metrics that can be used by corporates, ESG ratings providers and investment managers to assess a company’s labour risk from outsourcing.

 

 

Read the paper in full: “Making ESG Work: How investors can help improve low-wage labor and ease income inequality” >>

 

Casey O’Connor leads the NYU Stern Center for Business and Human Rights’ efforts to develop indicators of human rights leadership for investors. She was the principal author of the Center’s 2017 report, Putting the ‘S’ in ESG: Measuring Human Rights Performance for Investors, which examined how prominent sustainability measurement frameworks define and evaluate social performance. Casey is now developing a new approach to social measurement, looking first at the apparel industry. She has a J.D. from NYU School of Law and a B.A. from the University of Washington.

 

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