Credit Suisse paid 18.9 million francs in compensation

Credit Suisse has paid 18.9 million swiss francs to the canton of Zurich (BVK) pension fund compensation to close an alleged corruption case through extrajudicial settlement. One of the main defendants is a former bank employee who allegedly manipulated share prices from a local canton between 1999 and 2003. More on Le Matin (French) Credit Suisse (CSGN:SIX) , (CS:New York) is a Global Compact participant since 2000/07/26 and thus considered as one of its Founding Fathers. The bank was a Gold Contributor to the Foundation for the Global Compact in 2010 and 2011.

Hindustan Zinc, Ambuja Ordered to Pay Clean-Energy Fines

Hindustan Zinc Ltd. among 16 other company was ordered to pay a fine for not complying with a government order asking company to purchase renewable energy quotas. More on Bloomberg. Hindustan Zinc Limited (HZ:Natl India) is a Global Compact participant since 2005/11/11.

Ex-Hewlett-Packard Managers Charged in Germany on Russia Bribery

Three former Hewlett-Packard Co. (HPQ) managers were charged in Germany in a corruption investigation over improper payments made to win a 35 million-euro ($45 million) sale of computers to Russia about nine years ago. More on Bloomberg. Hewlett-Packard (NYSE:HPQ) is a Global Compact participant since 2002/08/29. HP was a Gold Contributor to the Foundation for the Global Compact in 2009.

Suncor Energy Told To Step Up Toxic Spill Cleanup

Colorado health officials are ordering Suncor Energy to step up efforts to clean up contaminated groundwater moving off its refinery in Commerce City. The health department says current efforts are not working and a contaminated groundwater plume has changed direction, contaminating areas that previously had been clean. More on CBS Denver. Suncor Energy Inc. (SU:Toronto)(SU:NYSE) is a Global Compact participant since 2001/08/31. Suncor Energy was a gold contributor for the Foundation for the Global Compact in 2012 and 2011.

EPA Fines Talisman Energy For Fracking Violations

Tal­is­man Energy will pay more than $62,000 in penal­ties for vio­la­tions at 52 nat­ural gas wells and com­pres­sor sta­tions in Penn­syl­va­nia over the past three years. More on State Impact. Talisman Energy is a Global Compact participant since 2004/02/10. The company was a LEAD Contributor (USD $65,000 and up) in 2012, and a Gold Contributor in 2010, 2008.

Chile Court Ruling Has Potential Implications For Barrick Gold’s Mines

Barrick Gold Corporation (NYSE:ABX) might have another problem on its hands as far as the Pascua-Lama project is concerned. The Chilean Supreme Court struck down the planned 2,100-megawatt, $5 billion Castilla thermoelectric power plant project this week, citing environmental concerns. More on Trefis. Barrick Gold was a 2008 Contributor of the Foundation for the Global Compact.

Colville Tribes Head to Court Against Teck Resources on September 10

The Confederated Tribes of the Colville Reservation will get their day in court on September 10 against Teck Resources, a Canadian smelter that over the course of a century dumped slag into the Columbia River from its lead-and-zinc operations up in British Columbia. Read more on Indian Country Teck Resources (TCK) is a Global Compact participant since 2007/04/17. Teck Resources was a LEAD Contributor (USD $65,000 and up) Gold Contributor to the Foundation for the Global Compact in 2012, 2010.