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
Saturday, June 16, 2012
Siemens will pay for corrupt practices in Greece
German electronics company Siemens has agreed to pay about 270 million euro to the Greek state in order to settle a legal action over bribing Greek officials.
More on Russia Today.
Siemens (SIE:GR) is a Global Compact participant since 26-11-2003.
No comments:
Post a Comment