{"id":12651,"date":"2024-02-21T17:11:34","date_gmt":"2024-02-21T16:11:34","guid":{"rendered":"https:\/\/uniglobalunion.org\/?post_type=news&p=12651"},"modified":"2024-02-22T12:56:53","modified_gmt":"2024-02-22T11:56:53","slug":"meeting-with-nbim-focuses-on-workers-rights-peace","status":"publish","type":"news","link":"https:\/\/uniglobalunion.org\/news\/meeting-with-nbim-focuses-on-workers-rights-peace\/","title":{"rendered":"Second union meeting with NBIM focuses on advancing workers\u2019 rights, peace\u00a0"},"content":{"rendered":"

UNI Global Union and four Norwegian affiliates \u2013 Finansforbundet, HK Norway, Negotia and NAF, alongside the Norwegian Confederation of Trade Unions (LO) \u2013 met with key representatives from Norges Bank Investment Management (NBIM) on 19 February.\u00a0<\/span>\u00a0<\/span><\/p>\r\n

The meeting is the second in a <\/span>ongoing dialogue<\/span><\/a> with the sovereign wealth fund manager about promoting workers’ rights more effectively through NBIM\u2019s massive, US$1.5 trillion portfolio. These annual discussions began last year after NBIM rolled out a new policy in 2023 on <\/span>human capital management<\/span><\/a>.\u00a0<\/span>\u00a0<\/span><\/p>\r\n

\u201cNBIM has made significant steps towards using its tremendous influence to advance the human rights of workers around the world, and we are grateful for this headway,\u201d said <\/span>UNI Global Union General Secretary Christy Hoffman<\/span><\/b>. \u201cBut workers\u2019 rights and unions are under attack globally, and the resulting inequality is fuelling extremism, conflict and anti-democratic sentiment. That is why we look forward to continuing our engagement with NBIM to support and expedite this progress.\u201d<\/span>\u00a0<\/span><\/p>\r\n

The meeting focused on three critical areas where the fund\u2019s 1.5 per cent ownership stake, on average, in 9,000 companies could help tip the scale:<\/span>\u00a0<\/span><\/p>\r\n