- Report year:2023
- Report author: Daniela Jaramillo, Head of Sustainable Investing, Australia (Fidelity International) and Sue Lyn Stubbs, Sustainable Investment Analyst (Fidelity International)
- Organisation: Fidelity International
The whitepaper, Workplace Misconduct: The underestimated systemic implications for investors, explores how the risks and financial impacts of harmful behaviours in the workplace, such as bullying or sexual harassment, are not isolated to an individual company but can create a contagion effect across a whole industry and generate negative externalities for the broader economy.
The report coins the term ‘culture-based financial risks’ to define the multiple ways in which culture can pose risks for investors and impact on shareholder value. It proposes a framework to understand how harmful behaviours can create three levels of risk for investors: operational, societal gap and systems-level.
The report coins the term ‘culture-based financial risks’ to define the multiple ways in which culture can pose risks for investors and impact on shareholder value. It proposes a framework to understand how harmful behaviours can create three levels of risk for investors: operational, societal gap and systems-level.