A new report shows that Deutsche Telekom doesn’t deserve the A+ grade it’s given itself for corporate social responsibility (CSR), said UNI Global Union. The report, published today by the Trade Union Advisory Committee to the OECD (TUAC), reveals Deutsche Telekom has failed to meet key measures of its commitment to human and labour rights laid out by the Global Reporting Initiative (GRI), which is considered the “gold standard” of corporate responsibility.
“Deutsche Telekom gives itself an A+ on its corporate responsibility but with so many holes in the report, we’d give it a D+,” said UNI General Secretary Philip Jennings.
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Deutsche Telekom is a Global Compact participant since 2000/07/26. The company's report is listed as "Global Compact Advanced" on the Global Compact website, based on unchecked self declarations from the company.
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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