Deepshikha SINGH, Deputy Head of La Française Sustainable Investment Research & Head of Stewardship for La Française AM has been appointed to the Advisory Group of the Workforce Disclosure Initiative (WDI)
Which seeks to mobilise investors to ensure companies disclose comparable and comprehensive data of their workforce practices and help increase the provision of good jobs worldwide. Driven by ShareAction, the WDI investor coalition is made up of 63 institutions, representing $10 trillion in assets under management.
“As a signatory and enthusiastic supporter of the Workforce Disclosure Initiative, La Française AM seeks to engage with companies on key issues impacting their sector and workforce, thereby promoting transparency, and improving the quality of jobs. The data collected by the annual WDI survey aims to fill the gaps and lack of comparable data on the workforce disclosures and enables investors to address issues collectively and systematically. It is also vital in preparing companies and financial institutions for increasingly stringent regulations like the social taxonomy in EU. The WDI provides companies with key insights into their own practices and gives them the unique opportunity to benchmark themselves against peer organisations, allowing them to identify data gaps they have not considered before. This gap analysis and helpful iterative process is key preparation for any form of workforce legislation. I’m thrilled to take on a more active role regarding this initiative and thank WDI for their confidence,” concluded Deepshikha SINGH.
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