Trade union HK Commerce that holds a seat on the PFA Pension board made the announcement that the fund will no longer invest in Walmart because of the company's appalling record on workers’ rights. PFA Pension withdraws an investment of 50 million Danish kroner ($8.79 million). The fund said it had pulled out of its Wal-Mart investment in the past, but then bought back in as it started to see improvements. Trade union UNI global has produced a blog that documents Walmart’s strategy to undercut workers’ rights.
English: http://www.uniglobalunion.org/Blogs/walmart.nsf/
http://www.uniglobalunion.org/Apps/uni.nsf/pages ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.