On 20 March, the European Economic and Social Committee adopted an own-initiative opinion on ‘Employee involvement and participation as a pillar of sound business management and a balanced approach to overcoming the crisis’.

Drawing upon the concept of the “Sustainable Company”, the EESC advocates a stakeholder-oriented approach to corporate governance whereby economic, social and environmental goals are mutually constitutive of long-term company development. One key policy recommendation in this regard rests on the consolidation of employee involvement rights both at national and European level through a European framework directive.

The report can be downloaded here.