INTHEBLACK September 2021 - Magazine - Page 11
“Vaccine policy this year, probably next year, is going to be the
most important economic policy; it may beat even monetary and
fiscal policy in terms of significance…A prerequisite to bring the
world to a sustained high level of growth everywhere is to
vaccinate all people, and that is not yet done.”
K R I S TA L I N A
G E O R G I E VA
MANAGING DIRECTOR,
I N T E R N AT I O N A L M O N E TA RY
FUND
Source: CNBC
24%
HUMAN RIGHTS
IN THE SPOTLIGHT
OF AUSTRALIANS WOULD BE
WILLING TO HAVE PART OF
THEIR SALARY PAID IN BITCOIN.
A new report that measures the human rights performance of ASX-listed
finance corporations has found that the 22 companies studied are largely
failing to manage the risk of potential human rights breaches.
The 2020 Financial
Services Human Rights
Benchmark Report from
the University of Sydney’s
Law School shows that, in
addition to piecemeal
human rights governance,
none of the 22 sample
companies analysed
identified human rights
as a key source of nonfinancial risk. This is
despite these rights being
implicit within the
standard non-financial
“risk trifecta” of
operational, compliance
and conduct risks.
While many of the
22 companies have
human rights policies
and relevant due diligence
procedures, the research
has found that none
mandate that their
board or key committees
consider human rights,
as envisaged in the
UN Guiding Principles
on Business and Human
Rights.
“This absence of board
accountability and
responsibility has
significant implications
for human rights,” says
Dr Kym Sheehan, a leading
corporate law expert and
co-author of the report.
T H E 2 2 C O M PA N I E S W E R E AS S E S S E D
A G A I N S T S I X H U M A N R I G H T S C AT E G O R I E S :
P R I VA C Y A N D
I N F O R M AT I O N
A N T I - D I S C R I M I N AT I O N
DOWNLOAD THE REPORT HERE
VOICE AND
PA R T I C I PAT I O N
ECONOMIC
SECURITY
H E A LT H
AND SAFETY
RIGHT
T O R E M E DY
Of those willing to be paid in
Bitcoin, 14 per cent say it’s because
they think Bitcoin is going up in
value, while another 10 per cent say
it would help them invest in digital
currency before tax.
Source: Finder survey of 1000 respondents
SINGAPOREANS
SEEK NEW
SKILLS
The older you get, the more willing
you are to learn new skills. That’s the
case with older workers in Singapore.
A new study by JobStreet
in partnership with SEEK Asia,
Boston Consulting Group and The
Network has found that, in the
wake of job market upheaval due
to the pandemic, 62 per cent of
Singaporeans are willing to retrain,
while 36 per cent are willing to
retrain but only if the need arises.
Singaporeans aged 61 and above
are the most willing to gain new
skills, with 67 per cent saying they
are ready and willing to retrain
whether or not it is required.
READ THE REPORT HERE
intheblack.com September 2021 11