In June 2011, the Global and Mail reported Bank of Nova Scotia lost a bid to quash a massive class-action lawsuit that claims Global Compact participant Scotiabank unfairly denied more than 5,000 of its employees compensation for overtime work.
Read more:
http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/law-page-archive/scotiabank-loses-appeal-of-overtime-lawsuit/article2048871/
http://www.canadianclassactionslaw.com/employment/ontario-court-certifies-overtime-class-action/
This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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