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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Sunday, October 6, 2013
Leighton faces class action over bribery allegations
Construction giant Leighton Holdings is facing a shareholder class action over allegations of bribery and corruption in Iraq.
More on ABC News.
Leighton Holdings Limited is a subsidiary of HOCHTIEF Australia Holdings Limited (LEI:AU)(LEI), which operates as a subsidiary of Hochtief AG. Hochtief AG is a Global Compact participant since 2008/11/03.
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