Covid-19 has caused the biggest shock to the global economy in living memory. Its impact on working lives has been immense.
The pandemic has cost global workers $3.7 trillion in lost earnings, and many workers were forced to choose between their jobs and their health. Even for those in secure employment there have been significant consequences, from negative mental health outcomes to turning back the clock on gender equality.
As the world looks to rebuild, the fair treatment of workers has never been more important. And while more companies are recognising the importance of disclosing workforce data, our latest findings show that ‘decent work for all’ is still a long way off.
In the wake of Covid-19 more companies see the value of disclosure – but significant gaps remain
Disclosure is rapidly improving. 141 of the world’s largest listed companies disclosed to WDI in 2020, a 20 per cent increase from the previous reporting cycle.