Unions want "social investors"

Four of the five major trade unions in France, including the two largest - CFDT and CGT - have backed a common union approach to organisations investing employees' savings.

The aim is that the unions would identify those organisations that had a more social approach to their investment policy. The unions are expected to name those they are giving the label of "social investors" by the end of this month. Recent legislative changes are likely to increase the amount of employees' savings to be invested.