Thursday, December 20, 2012
Eli Lilly & Co. (LLY) agreed to pay $29.4 million to settle U.S. Securities and Exchange Commission allegations that employees of subsidiaries gave cash and gifts to officials in China, Brazil, Russia and Poland to win millions of dollars in business. More on Bloomberg. Eli Lilly & Co. is a Global Compact participant since 2009/12/02. Eli Lilly was a Gold Contributor to the Foundation for the Global Compact in 2012 and 2011.
Wednesday, December 12, 2012
The state [of North Carolina] has fined Daimler Trucks for safety violations following a forklift accident last summer. The Labor Department cited Daimler for one alleged serious violation of the Occupational Safety and Health Act of North Carolina with a total penalty of $2,750. More on wbtv.com Daimler (DAI:Xetra) (DAI:GR) was a Gold Contributor to the Foundation for the Global Compact in 2008 and LEAD contributor in 2012.
Monday, December 10, 2012
ThyssenKrupp AG (TKA), Germany’s largest steelmaker, ousted three top executives in an effort to repair a boardroom tainted by corruption allegations and an ill-fated expansion in the Americas. More on Bloomberg. More about the corruption probe on The Local. ThyssenKrupp AG (TKA:Xetra) , (TKA.DE), (TKA:GR) is a Global Compact participant since 2011/11/04
HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday. The probe of the bank — Europe's largest by market value — has focused on the transfer of billions of dollars on behalf of nations like Iran, which are under international sanctions, and the transfer of money through the U.S. financial system from Mexican drug cartels. More on USA Today. HSBC is a Global Compact participant since 2000/11/27. HSBC (LSE:HSBA) was a Gold Contributor to the Foundation for the Global Compact in 2011 and 2012.