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, December 10, 2012
ThyssenKrupp Reshuffles Board After Losses, Corruption Case
ThyssenKrupp AG (TKA), Germany’s largest steelmaker, ousted three top executives in an effort to repair a boardroom tainted by corruption allegations and an ill-fated expansion in the Americas.
More on Bloomberg.
More about the corruption probe on The Local.
ThyssenKrupp AG (TKA:Xetra) , (TKA.DE), (TKA:GR) is a Global Compact participant since 2011/11/04
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