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Sunday, January 20, 2013

Carrefour fined over unpaid breaks

SUPERMARKET chain Carrefour has been ordered to pay some of its staff for rest breaks, after a long legal battle in the north of France. Some 540 staff at local branches of Carrefour Market had taken their case to the appeal court, claiming that they were being paid less than the legal minimum wage once compulsory breaks were taken into account. More on The Connexion. Carrefour S.A. (CA.PA)(EPA:CA)(CA:EN Paris) has been a Global Compact participant since 2001/05/04.

EPA cites Shell Arctic drilling rigs for air emissions violations

Adding to the troubles plaguing Shell Alaska and its drilling program in the Arctic, the Environmental Protection Agency announced late Thursday that it had issued air pollution citations to both of the company’s Arctic drilling rigs for “multiple permit violations” during the 2012 drilling season. More on The Los Angeles Times. Royal Dutch Shell plc is a founding fathers of the U.N. Global Compact and participant since 2000/07/26. Shell (RDSA:LSE) was a 'Platinum Contributor' of the Foundation for the Global Compact in 2010 and LEAD contributor (USD $65,000+) in 2012.

UK bank to pay $327 million fine for money laundering

Standard Chartered Bank has agreed to pay $327 million to settle federal and New York charges it laundered money on behalf of four countries that were subject to U.S. economic sanctions from 2001 through 2007. More on The Standard Charter Bank PLC(STAN:London)(STAN.L)(STAN:LN), has been a Global Compact participant since 10-12-2001.