The European Bank for Reconstruction and Development said it was looking into corruption allegations involving a Slovenian power-plant upgrade contract with France's Alstom.
More on Reuters.
Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.
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!
My Blog List
Thursday, April 19, 2012
EBRD probes Slovenia plant contract with Alstom
Labels:
alstom,
bribery,
bribes,
corruption,
EBRD,
France,
Principle 10,
probe,
Slovenia
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment