Environmental, social and governance (ESG) corporate compliance
standards have become a mainstream non-finance branch of business
evaluation, advocated and promoted worldwide by the UN. ESG
standards also embrace labour protection-related metrics such as
forced labour, working conditions and protection, employment
discrimination and equal employment. This article
summarised and discusses representations and requirements of ESG
labour compliance under China's labour legal
system.
GLOBAL AND PRC STANDARDS
GRI, the Global Reporting Initiative, specifically mentions
labour protection under “S” of its ESG standards
– with requirements set out for occupational health and
safety, diversity and equal opportunities, non-discrimination, and
forced or compulsory labour. These requirements also reflect the
core content of labour standards promulgated by the International
Labour Organisation.
