This briefing note…summarise[s] the current state of play, from a development and an investment perspective, on labour issues in the supply chain [and]…canvass[es] how investor engagement on this topic could evolve …examining whether company performance on labour standards can be built into conventional investment analysis…Many investors consider companies’ management of supply chain labour standards to be a critical business issue, and recognise [their] potentially significant business benefits (better employee relationships, more stable workforce, better productivity, etc)…There have…been some high profile shareholder resolutions on labour issues, most notably at First Group and Tesco…Co-operative Insurance was one of a group of shareholders who in 2007 filed a resolution requiring the implementation of a human rights labour policy across First Group [also refers to First Student, part of First Group]