In an era marked by widening socio-economic disparities and precarious employment, understanding legal frameworks that promote economic equality is essential to develop more consistent standards. Our report, a collaboration between the Argentine Network for International Cooperation (RACI), Rights CoLab, and supported by TrustLaw’s global pro bono network, investigates the legal approaches to inequality within the private sector across various countries.
This analysis covers legal regulations in Brazil, China, Mexico, Germany, the USA, South Africa, the UK, Singapore, India, and Hong Kong, with a focus on issues such as gender and racial diversity, pay equity, and board diversity in corporate reporting. It highlights variations in these areas, providing insights for creating more uniform standards in inequality-related disclosures.
The findings help set the stage for the proposed Taskforce on Inequality and Social-related Financial Disclosures (TISFD), which aims to enhance the understanding and management of socio-economic inequality risks, and ultimately promote a more inclusive and just financial ecosystem.
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