Norwegian fertilizer company Yara International ASA said Friday its investigation into possible corruption has now uncovered unacceptable payments from the company's joint venture in Switzerland.
Read More on 4-Traders.
Read the official press release issued by the company.
Yara International ASA is a Global Compact participant since 2006/02/03.
In 2011 and 2010, Yara International ASA was a Gold Contributor to the Foundation for the Global Compact.
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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