Author
Listed:
- Henri Lourdelle
(Trade unionist of French origin. Adviser in the Secretariat of the European Trade Union Confederation, Brussels, responsible for social protection at European level and for pensions in particular. Vice-chairman of the Pensions Forum, an advisory body set up by the European Commission to deal especially with supplementary pensions and mobility issues.)
Abstract
Corporate social responsibility (CSR), in association with sustainable development, has become a live issue over the past few years. Should companies be allowed to do whatever they like in the name of competitiveness, even at the risk of compromising the future of the planet? What means does the trade union movement currently have at its disposal to influence corporate conduct in the direction of sustainable development and social responsibility? Over and above traditional trade union activities, the unions have available to them a tool, namely the funds which they manage – or jointly manage – in connection with occupational pension or employee savings schemes. By having their say in the investment strategies of these funds, trade unions can make decisions that affect corporate conduct. This is what is now known as socially responsible investment (SRI). This article sets out to explore the issue, demonstrating how we have moved on from what was initially a moral, ethical approach, geared mainly towards ‘exclusion', to a more incentive-based approach seeking to encourage companies whose conduct is more ‘responsible'. In other words, we shall show that occupational pension funds can in fact become a new weapon in the trade union armoury.
Suggested Citation
Henri Lourdelle, 2004.
"Pension fund management: a trade union commitment to greater corporate social responsibility,"
Transfer: European Review of Labour and Research, , vol. 10(3), pages 452-467, August.
Handle:
RePEc:sae:treure:v:10:y:2004:i:3:p:452-467
DOI: 10.1177/102425890401000310
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:treure:v:10:y:2004:i:3:p:452-467. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.