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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Saturday, May 26, 2012
Syngenta agrees to settle US suit over herbicide
Swiss chemicals maker Syngenta's agreement to pay $105 million to settle a nearly 8-year-old lawsuit over one of its popular agricultural herbicides could help reimburse nearly 2,000 community water systems that have had to filter the chemical from its drinking water, a plaintiffs' attorneys said Friday.
Syngenta (SWF:SYNN) is a Global Compact participant since 2009/01/15. Syngenta International AG was a Gold Contributor of the Foundation for the Global Compact in 2012,2011, 2010, 2009.
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