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Rwanda: Rwacom justifies locking workers in factory overnight
According to the New Times, workers at Rwacom plastic industries have complained of poor pay and difficult working conditions where they are locked inside a warehouse for twelve hours at night. Management at the firm defended the practice saying that it was to prevent 'the theft of oil'. (23 Jul 2008)
US: Post-Enron legislation may be dealt major blow by court ruling
A challenge to the Sarbanes-Oxley Act that was introduced to set in place more stringent financial accounting rules following the demise of Enron, has been described as likely to succeed in bringing the measure grinding to a halt. (20 Jul 2008)
Making employees into allies
According to a new survey of employees, most are enthusiastic about the principles of corporate social responsibility, and they are keen to work for a company that shares their values. But they are finding barriers at work to finding ways to express this enthusiasm. (20 Jul 2008)
Can you have social responsibility without ethics?
For some people, corporate social responsibility is about programmes. Stuff that you do where you can describe what you're trying to achieve, what approach you've taken to achieve it, and whether it worked. But it needs to include the other aspect - how you and your staff behave on a day to day basis. You could label this element straight business ethics - my version is that it's about what you do when you think that nobody's looking. (20 Jul 2008)
India: Pharma firm Ranbaxy denies quality defects
Indian drug firm Ranbaxy has hit back against allegations by US prosecutors that the company lied about the quality of its low-cost drugs, including those aimed at treating HIV. (18 Jul 2008)
Iran: Total sees too great a risk following missile tests
The head of French oil company Total has said that it would hold off on further investments in Iran in the short term because of the growing political risk following the country's test-firing of a series of missiles. (17 Jul 2008)
South Korea: Ex-chairman of Samsung guilty of tax evasion
Lee Kun-hee, the former chairman of Samsung, has been found guilty of tax evasion and given a three year suspended jail sentence and a 110bn won fine. He was cleared of another charge of breach of trust. (16 Jul 2008)
Wal-Mart joins programme to eliminate illegal logging
Wal-Mart has said it is to work with the Global Forest and Trade Network in a programme to avoid products created through illegal and unsustainable logging for all of its own brand furniture. (15 Jul 2008)
UK: Tobacco price fixing fines for six firms
Six companies including retailer Asda Walmart and tobacco firm Gallaher have agreed to pay fines of up to 173 UK pounds following a probe over unlawful pricing practices. An inquiry into other major companies is ongoing. (11 Jul 2008)
EU: European Parliament agrees tighter rules against misleading air flights advertising
The European Parliament has agreed with proposals to ban airlines from giving headline fares in advertising that fail to include additional charges, such as taxes or baggage charges. (9 Jul 2008)
Botswana: Mine Workers Union dismisses Tati Nickel's approach to CSR
The Botswana Mine Workers Union (BMWU) has attacked Tati Nickel for applying corporate social responsibility as window dressing designed to cover up corruption and mismanagement at the firm. (8 Jul 2008)
Coca-Cola defends Olympic sponsorship
The chairman of Coca-Cola has hit back against critics of the Olympics games sponsors in an interview with the BBC, where he said that Coke supported the credo of the Olympic movement which was a good thing for the world. (7 Jul 2008)
What makes for leadership in CSR?
Having run three workshops on corporate social responsibility across three very different countries in the South Caucasus during the last week, the key theme again and again has been leadership. Unfortunately, to be precise, the lack of it. (5 Jul 2008)
Austria: Former bank boss jailed for fraud
The former head of Bank Fuer Arbeit und Wirtschaft (Bawag) has been jailed for over nine years for fraud following the collapse of US firm Refco. (4 Jul 2008)
France: Caisse d'Epargne launches sustainability labelling
French bank Caisse d'Epargne has launched a labelling system to rate the sustainability of financial products, with a plan to extend the scheme to insurance and loan products by the end of the year. (3 Jul 2008)
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