FFC Supports Worker Representation

Friends Fiduciary has signed on to an investor letter to Amazon.com, Inc. supporting the role that worker representation plays in supporting companies in identifying and managing operating risks. This includes workers’ rights to exercise their freedom of association and to collective bargaining as internationally recognized human rights along with the UN Guiding Principles on Business and Human rights. There is evidence that Amazon has and continues to interfere with and discourage its’ workers efforts to exercise their right to freedom of association. This prompts investor concerns around reputational risk where there is a mismatch between a company’s public statements on human rights and its actual practices.