The Workforce Disclosure Initiative (WDI), the investment community’s leading gauge of corporate treatment of workers, will today publish the findings of its annual survey and acknowledge high performers with a series of new awards for workforce transparency.
Disclosure is rapidly improving. 141 of the world’s largest listed companies disclosed to WDI in 2020, a 20 per cent increase from the previous reporting cycle.
A record 141 companies disclosed data on workforce policies and practices to the Workforce Disclosure Initiative in 2020.
While the IFRS’s intention to increase the quality, quantity and comparability of corporate sustainability reporting is laudable, we see a need to proceed with caution.
Covid-19 has put ever more focus on responsible investment and ESG. But as it hits the mainstream corporate transparency will be key.