"Colombians recently had a rare opportunity to buy a stake in the...Ecopetrol company, but critics complain that it still has questions to answer over its record on human rights and the environment…Human Rights Watch says Ecopetrol…has taken no action to address reports of extrajudicial executions and a massacre committed by state security forces close to their oil installations 10 years ago"...
ECOPETROL S.A is a Global Compact participant since 2009/05/13
Read more on the BBC website
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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