Workers Rights Global Network Launched by Investor Advocates

A new international investor network will call on companies to respect workers’ rights, New York City’s comptroller announced Tuesday during a Department of Labor event.

The network of asset managers, asset owners and investment service providers is interested in securing more research to supplement evidence that considering workers’ rights is good for investors in the long-run, said Comptroller Brad Lander, who oversees the city’s public employee pension funds. Other members include Swedish insurance company Folksam and the UK-based Local Authority Pension Fund Forum.

It’s important for investors to consider the long-term value of “making sure that workers are cut into ...