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P&O Ferries sackings show a shocking disregard by DP World for workers' rights and its own standards

DP World sells itself as a progressive business concerned with social and corporate responsibility that supports labour rights and works ‘in a responsible way that prioritises sustainability and impact on the people, communities and environment in which we operate’. The company now has serious questions to answer following the ruthless sacking of 800 seafarers at its subsidiary P&O Ferries. ....

United Arab Emirates , United Kingdom , Frank Moreels , International Transport Worker Federation , European Transport Worker Federation , Committee On Worker Capital , Nautilus International , Paddy Crumlin , United Nations Global Compact , Worker Capital , Secretary Stephen Cotton , Sultan Ahmed ,

How shareholder activism is workers' secret weapon


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One of the hottest investment strategies right now is what’s known as environmental, social, and governance (ESG) investing. Although most of the focus has been on the “e” in ESG (pushing companies on their climate change initiatives) or the “g” (seeking more diversity in the boardroom), the potential for investors to play a role in improving social factors, such as employee rights and working conditions, is growing. Alice Martin, who advises shareholders on labor rights issues at PIRC, Europe’s largest independent corporate governance advisory firm, is a leading thinker on how workers can enlist shareholders to their cause and amplify traditional worker organizing efforts. “Traditional models of strike action are having less impact [in some companies]. They’re much more difficult to enact when membership is low or when workplaces are not particularly well organized,” Martin says. “Shareholder activism becomes another tool th ....

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