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 Kazakhstan. Show all posts
Showing posts with label Kazakhstan. Show all posts
Friday, August 17, 2012
Pfizer Settles Foreign Corrupt Practices Act Violation For China Business
U.S.-based Pfizer Inc. says it has resolved U.S. Department of Justice and Securities and Exchange Commission matters related to certain improper payments in the operations of two of its subsidiaries outside the United States, which Pfizer voluntarily reported to the U.S. government beginning in 2004.
Read more on China CSR. Read original SEC press release.
Pfizer Inc. (PFE:New York) is a Global Compact participant since 2002/10/04. It was a Gold Contributor to the Foundation for the Global Compact in 2010.
Sunday, May 13, 2012
Eni accused of corruption in Kazakhstan
A subsidiary of Italian energy company Eni is suspected of giving bribes to people close to the president of Kazakhstan, prosecutors said. Italian prosecutors say Eni subsidiary Agip Kco is suspected of offering bribes to the son-in-law of the Kazakh president, through 2007, Russia's state-run news agency RIA Novosti reports.
Read more: on UPI.
More on Reuters.
Eni Spa (ENI.MI) is a Global Compact participant since 2001/07/01 and 'Founding Father' of the Global Compact.
ENI was a Gold Contributor to the Foundation for the Global Compact in 2010.
Labels:
(ENI:BrsaItaliana),
corruption,
ENI,
ENI spa,
ENI.MI,
Italy,
Kazakhstan,
payments,
Principle 10,
probe
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