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, June 30, 2012
70,000 employees at Italy's Intesa Sanpaolo Group set to strike
More than 70,000 employees from Intesa Sanpaolo Group are ready to strike in Italy on Monday, July 2nd. The strike, the first since the 2007 merger, was announced on June 19th by Italian UNI Finance affiliated unions, after a confrontation with the company lasted about one month. Intesa Sanpaolo has announced that it will not respect the agreement reached with the unions on July 29th 2011, related to the Business Plan 2011-13, but it failed to introduce a new one.
More on Uni Global Union website.
Intesa Sanpaolo(ISP:BrsaItaliana) is a Global Compact participant since 2003/04/24.
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