cover image: Technical meeting on the impact of digitalization in the finance sector

20.500.12592/5jqg42

Technical meeting on the impact of digitalization in the finance sector

31 Aug 2022

Sustainable finance is particularly important in this context to ensure the alignment of the sector with the needs of workers, clients, and enterprises, and the goals of society, including the climate action agenda and the sustainable development goals, as well as the engagement of all social partners and other stakeholders in these processes. [...] Targeted policies are needed to support skills development and lifelong learning for all workers in the financial sector, including through social dialogue and partnerships across the education and training sectors, to enhance employability and adaptability for a just transition in the face of digital transformation and enhance workers’ capacity to make use of the opportunities available for decen. [...] For example, in Europe, the social partners have signed a number of Joint Declarations on the subject, including the “Joint Declaration on remote work and new technologies” in the banking sector, signed in 2021, and the “Joint declaration on the social effects of digitalisation” in the insurance sector signed in 2016 and 2018 (follow up). [...] Governments, in cooperation with employers’ and workers’ organizations, should: a) engage in effective social dialogue in the sector, including on the impact of digitalization, in order to ensure decent work for all and a human-centred approach to the future of work in the financial services sector; b) put in place a policy environment and measures to promote the creation, attraction and retention. [...] The Office, based on its mandate reinvigorated by the ILO Centenary Declaration for the Future of Work, should: a) promote the ratification and effective implementation of international labour standards and strengthen the capacity of constituents to respect, promote and realize the fundamental principles and rights at work; b) build the capacity of constituents to develop strategies and engage in.

Authors

Licata, Margherita

Pages
8
Published in
Switzerland