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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Monday, August 20, 2012
Tata Power’s Mundra project has violated social, eco norms: Report
Tata Power Ltd, which is setting up the 4,000-MW Ultra Mega Power Project (UMPP) in Mundra, Gujarat, has been accused of violating social and environmental norms by an independent fact-finding team. The project has caused “massive damage to livelihood, marine life and the overall environment in the vicinity of the power plant,” says a report titled ‘The Real Cost of Power'.
More on The Hindu Business Line.
Tata Power Ltd (TPWR:Natl India) is a Global Compact participant since 2002/09/23.
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