The Workforce Disclosure Initiative (WDI) has been transferred from ShareAction to the Thomson Reuters Foundation. Launched in 2016, the WDI collects data that is voluntarily disclosed by companies on labour and workforce management, as well as areas related to gender diversity, wellbeing, and other workers’ rights issues. Institutional investors use the data to inform their investment decisions. Some 50 investors with over US$9 trillion of assets under management make up WDI’s investor coalition. Around 170 of the world’s largest employers disclose information to WDI, with the data reported covering more than 13 million direct employees. “We are delighted to welcome the WDI as a core component of our inclusive economies portfolio, which focuses on the social component of ESG,” said Antonio Zappulla, Chief Executive of the Thomson Reuters Foundation. “By leveraging our global network of media, legal and sustainability professionals, we aim to scale responsible business models that strengthen supply chains, prioritise workers’ rights and protect the environment. We can’t wait to unlock the full potential of this very powerful initiative, with the goal of fostering free, fair and informed societies.”
