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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Wednesday, March 20, 2013
Embraer expands investigation
The world's third largest commercial aircraft manufacturer said its FCPA investigation has expanded to two more countries. In 2010, Brazil-based Embraer S.A. disclosed an investigation focused on three countries.
More on FCPA blog.
Read Embraer's SEC statement in its 6-K form. It disclosed a SEC Subpoena in November 2011.
Embraer (EMBR3:BM&FBOVESPA) (ERJ) is a Global Compact participant since 2008/06/16. Embraer was a Gold Contributor to the Foundation for the Global Compact in 2011.
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