"Brazilian prosecutors say they have reached an settlement with Spanish retail chain Zara that sharply reduces the fine imposed after investigators found slave-like conditions at factories supplying the brand."
More on Yahoo
Zara is part of Spanish group Inditex, Industrias de Diseno Textil, S.A., a Global Compact participant since 2001/09/19.
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