On November 3rd 2011, BP has agreed to pay Texas $50 million for air pollution violations at a Gulf Coast refinery where a 2005 explosion killed 15 workers. The settlement between BP Products North America , a subsidiary of BP and the State of Texas resolves 72 emissions violations between 2005 and today.
British Petroleum plc (BP) is a Global Compact participant and founding father since 2000/07/26
More on Bloomberg
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!
My Blog List
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment