"Brazilian prosecutors say they have reached an settlement with Spanish retail chain Zara that sharply reduces the fine imposed after investigators found slave-like conditions at factories supplying the brand."
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Zara is part of Spanish group Inditex, Industrias de Diseno Textil, S.A., a Global Compact participant since 2001/09/19.
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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Showing posts with label Industrias de Diseno Textil. Show all posts
Showing posts with label Industrias de Diseno Textil. Show all posts
Tuesday, January 10, 2012
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