(New York, 27 November 2007) – UNI Finance Union, the global union for finance workers, recently released a report on the commitment of finance companies to the third principle of the Global Compact - addressing freedom of association and the right to collective bargaining.
The report, “UNI Finance Survey on the UN Global Compact: Company Commitments on Freedom of Association and Right to Collective Bargaining”, presents the results of a survey conducted in 2006-2007 among 35 major finance companies - both Global Compact signatories and non-signatories. UNI Finance invited the companies to elaborate on their commitments to Principle Three, specifically:
In a second step, trade unions from around the world assessed the actual practice of these companies in different countries of operation. The aims of the survey are to enhance transparency on the commitments of companies and enable comparisons to be made between them.