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Call me sceptical, but these same companies that say one asset is 'unethical' will invest in another that relies on slave labour in another market as soon as th
by Closi 6y ago
Call me sceptical, but these same companies that say one asset is 'unethical' will invest in another that relies on slave labour in another market as soon as they see a buck to be made.
They probably forecast legal issues that make it a bad investment, and then will say it's not socially acceptable for the PR.
I mean, I doubt that Deliveroo labour standards are actually worse, for example, than a cambodian clothing manufacturer which was scored as one of the worst in the world for a lack of "forced labour safeguards". Aberdeen Standard (one of the companies criticising deliverro) proudly states on their website that their investments in this manufacturer gave great returns for their innvestors, while poo-pooing Deliveroo for labour standards. Hmm, I detect a possible contradiction...
- KptMarchewa 6y ago> Call me sceptical, but these same companies that say one asset is 'unethical' will invest in another that relies on slave labour in another market as soon as they see a buck to be made. In their eyes, slave labor is unethical in western countries and business as usual in rest of the world.
- TeMPOraL 6y agoI think it's the same for them in both cases, just in western countries there are laws they could run afoul of, and possible PR damage to manage.