  {"id":37113,"date":"2021-10-17T11:11:04","date_gmt":"2021-10-17T09:11:04","guid":{"rendered":"https:\/\/www.eticasgr.com\/storie\/news-events\/congedo-per-malattia-etica-sgr-scrive-al-congresso-usa"},"modified":"2021-12-16T12:34:17","modified_gmt":"2021-12-16T10:34:17","slug":"medical-leave-etica-writes-to-the-united-states-congress","status":"publish","type":"post","link":"https:\/\/www.eticasgr.com\/en\/storie\/insights\/medical-leave-etica-writes-to-the-united-states-congress","title":{"rendered":"Medical leave, Etica writes to the United States Congress"},"content":{"rendered":"\nMedical leave for yourself and for family members:&nbsp;Etica is one of the co-signers of an <strong>engagement initiative addressed to the United States Congress<\/strong>&nbsp;to support a law that regulates so-called&nbsp;Paid Family and Medical Leave at a federal level.\n\nThe&nbsp;<a href=\"https:\/\/www.iccr.org\/letter-congressional-leaders-federal-paid-family-and-medical-leave\">letter<\/a>&nbsp;was signed by approximately 100 investors &#8211; including asset management companies, pension funds, state treasuries and asset managers &#8211; representing assets in excess of $1.6 trillion.\n\nThe signatories believe that a paid leave policy&nbsp;<strong>would help improve the United States economy and enhance functionality in the companies in which they hold shares<\/strong>.\n<h2><strong>Why take a stand on medical leave in the United States?<\/strong><\/h2>\nTo date, medical leave for workers in the United States is regulated at an individual state level. According to ICCR data, medical leave today&nbsp;<strong>excludes about 80 percent of private sector workers<\/strong>, primarily those in low-paying jobs. Therefore, the lack of medical leave weighs disproportionately on&nbsp;<strong>women and ethnic minorities<\/strong>.\n\nAs it is currently structured, medical leave forces workers to make a&nbsp;<strong>difficult choice between taking care of their own health or that of family members and bringing home a pay cheque<\/strong>.\n\nThe letter also offers an interesting insight: the creation of a law on this issue could stimulate&nbsp;<strong>local GDP growth of approximately 5%<\/strong>.\n<h2><strong>Etica, why we signed up<\/strong><\/h2>\nThe initiative is consistent with <a href=\"https:\/\/www.eticasgr.com\/investimento-responsabile\/engagement-di-etica-sgr\"><strong>Etica\u2019s engagement activities<\/strong><\/a>, in particular, in the area of <strong>labour dignity<\/strong> in relation to the Engagement Plan and with the project to carry out advocacy activities with States, regulators and standard-setters.\n\nFinally, the letter is consistent with the theme of&nbsp;<strong>better managing risks to public and occupational health,<\/strong>&nbsp;in line with the content of the <a href=\"https:\/\/www.eticasgr.com\/en\/storie\/insights\/covid-19-access-to-medicine\">Investor Statement on Corporate Coronavirus Response<\/a>, signed by Etica in 2020.\n<h2><strong>An ICCR network proposal<\/strong><\/h2>\nThe initiative was proposed by&nbsp;<a href=\"https:\/\/www.iccr.org\/\"><strong>ICCR<\/strong><\/a>&nbsp;(Interfaith Center on Corporate Responsibility), a network of investors of which Etica has been a member since 2005.\n\nICCR was founded in 1971 on the initiative of several American Protestant religious groups to enter into a&nbsp;<strong>dialogue with banks and companies<\/strong>&nbsp;in South Africa, which at the time was characterised by the presence of apartheid. The network, based in New York, now aims to&nbsp;<strong>influence corporate management strategies<\/strong>&nbsp;through investment and promote&nbsp;<strong>social justice<\/strong> at shareholder meetings.\n<div class=\"grid-x\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Medical leave for yourself and for family members:&nbsp;Etica is one of the co-signers of an engagement initiative addressed to the United States Congress&nbsp;to support a law that regulates so-called&nbsp;Paid Family and Medical Leave at a federal level. The&nbsp;letter&nbsp;was signed by approximately 100 investors &#8211; including asset management companies, pension funds, state treasuries and asset managers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32955,"comment_status":"open","ping_status":"open","sticky":false,"template":"custom-templates\/single-avanzato.php","format":"standard","meta":{"footnotes":""},"categories":[590,996],"tags":[28161],"yst_prominent_words":[28176,28166,28174,28177,28088,28168,28167,28164,28178,28170,28163,28138,28162,28169,28175,28172,28171,28173,28134,28165],"class_list":["post-37113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","category-international-campaigns","tag-social-impact","temi-engagement-en"],"_links":{"self":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/37113"}],"collection":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/comments?post=37113"}],"version-history":[{"count":4,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/37113\/revisions"}],"predecessor-version":[{"id":37190,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/37113\/revisions\/37190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media\/32955"}],"wp:attachment":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media?parent=37113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/categories?post=37113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/tags?post=37113"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=37113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}