Alstom has been ordered to pay €31m by Switzerland’s attorney-general for negligently failing to stop bribery by some employees...
More on the Financial Times
http://www.ft.com/cms/s/0/1cd17286-1508-11e1-b9b8-00144feabdc0.html#ixzz1eTeD0ITD
Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle.
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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Tuesday, November 22, 2011
Alstom to pay €31m fine after bribery probe
Labels:
alstom,
bribery,
bribes,
corruption,
France,
Principle 10,
Switzerland
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