The submission from four trade unions concerns allegations of gender-based violence and harassment in McDonald’s and related due diligence by two institutional investors: APG Asset Management (APG) and Norges Bank Investment Management (NBIM).

The submitters are the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Associations (IUF), European Federation of Food, Agriculture and Tourism Trade Unions (EFFAT-IUF), Service Employees International Union (SEIU) and União Geral dos Trabalhadores (UGT).

The trade unions allege that NBIM has failed to exercise due diligence and leverage in line with the OECD Guidelines for Multinational Enterprises. According to the OECD Guidelines, enterprises are expected to exercise due diligence to identify, prevent and mitigate adverse impacts on human rights and account for how these impacts are addressed.

The Norwegian NCP is handling the complaint relating to NBIM. The US NCP is handling the complaint concerning McDonald’s, and the Dutch NCP is handling the complaint relating to the Dutch investor APG.

Date submitted: 18 May 2020
Status: In progress
Industry concerned: Financial sector
Company: Norges Bank Investment Management (NBIM)
Notifiers: International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Associations (IUF), European Federation of Food, Agriculture and Tourism Trade Unions (EFFAT-IUF), Service Employees International Union (SEIU) og União Geral dos Trabalhadores (UGT)
Lead National Contact Point: Norway
Secondary National Contact Point(s): US, Netherlands
Relevant Chapter(s) of the OECD Guidelines: II (General Policies) and IV (Human Rights)

 

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