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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Friday, January 17, 2014
Former CEO of Norway's Yara indicted on corruption charges
The former chief executive of Norway's Yara International(YAR.OL), Thorleif Enger, has been indicted on corruption charges after a cross-border bribery investigation by the police's economic crime unit, his lawyer said on Thursday.
More on Reuters.
Yara International ASA (YAR:Oslo Bors)(YAR.OL)PINX:YARIY is a Global Compact participant since 2006/02/03.
In 2012, 2011 and 2010, Yara International ASA was a Gold Contributor to the Foundation for the Global Compact.
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