"Brazilians newspaper O Globo Sunday reported Brazilian oil company Petrobras spilled more oil in all of 2010 than did Chevron Corp. earlier this month off the coast of Rio de Janeiro."
More on International Business Times
http://www.ibtimes.com/articles/257237/20111128/petrobras-spilled-oil-2010-chevron-did-brazil.htm
Read original article (in Portuguese)
PetrĂ³leo Brasileiro S.A is a "Global Compact Advanced" participant and became a participant on 2003/11/26.
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
Monday, November 28, 2011
Peru protests at huge Conga gold mine in Cajamarca
"Thousands of people in northern Peru have protested against plans for a huge open-cast goldmine in the high Andes."
More on BBC News
http://www.bbc.co.uk/news/world-latin-america-15884119
Newmont Mining Corp is a Global Compact participant since 2004/06/09
More on BBC News
http://www.bbc.co.uk/news/world-latin-america-15884119
Newmont Mining Corp is a Global Compact participant since 2004/06/09
Thursday, November 24, 2011
Mexican prosecutors allege CAD 93 million corruption scandal at public utility
Mexican prosecutors said Wednesday they have uncovered a $93 million corruption scandal at the Federal Electricity Commission.
More on Oilweek Magazine
Comision Federal de Electricidad, Division Centro Sur is a Global Compact participant since 2006/04/21
More on Oilweek Magazine
Comision Federal de Electricidad, Division Centro Sur is a Global Compact participant since 2006/04/21
Power plants fined over pollution
China's environmental watchdog has punished eight power plants for violations of the law on control of sulfur dioxide emissions .... More on China Daily
------
Among the eight companies are Global Compact participants China Power Investment Corp. and China Datang Corporation, which respectively joined on 2009/06/01 and 2008/05/01. As of 24-11-2011 China Power Investment Corp. is non-communicating.
------
Among the eight companies are Global Compact participants China Power Investment Corp. and China Datang Corporation, which respectively joined on 2009/06/01 and 2008/05/01. As of 24-11-2011 China Power Investment Corp. is non-communicating.
Wednesday, November 23, 2011
French firm fined RM133m for bribery in Malaysia
French engineering group Alstom was fined RM133 million by Swiss authorities after its employees were found to have bribed civil servants in at least three cases including the award of contracts in Malaysia.
More on the Malaysian Insider
http://www.themalaysianinsider.com/malaysia/article/french-firm-fined-rm133m-for-bribery-in-malaysia/
More on the Malaysian Insider
http://www.themalaysianinsider.com/malaysia/article/french-firm-fined-rm133m-for-bribery-in-malaysia/
Labels:
alstom,
bribery,
bribes,
corruption,
France,
Malaysia,
Principle 10,
Switzerland
Tuesday, November 22, 2011
Alstom to pay €31m fine after bribery probe
Alstom has been ordered to pay €31m by Switzerland’s attorney-general for negligently failing to stop bribery by some employees...
More on the Financial Times
http://www.ft.com/cms/s/0/1cd17286-1508-11e1-b9b8-00144feabdc0.html#ixzz1eTeD0ITD
Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle.
More on the Financial Times
http://www.ft.com/cms/s/0/1cd17286-1508-11e1-b9b8-00144feabdc0.html#ixzz1eTeD0ITD
Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle.
Labels:
alstom,
bribery,
bribes,
corruption,
France,
Principle 10,
Switzerland
Monday, November 21, 2011
Pfizer agrees to pay $60 million to settle probe into bribes
"Pharmaceutical giant Pfizer Inc. has agreed to pay more than $60 million to settle an investigation by U.S. regulators into whether the drug maker paid bribes to win business abroad, the Wall Street Journal reported"
More on the L.A. Times website.
More on Corruption Currents
More on the L.A. Times website.
More on Corruption Currents
Subscribe to:
Posts (Atom)