Patrick Oot and Scott Herber from Inside Counsel recently reported on the Obama Administration's release of The U.S. Global Anti-corruption fact sheet. This agenda covered numerous action plans to raise awareness for international transparency and restrict global corruption. In particular, Inside Counsel mentioned how corporations might react to the government’s plan of strengthening global Foreign Corrupt Practices Act enforcement:
The Communication on Progress is part of an annual sustainability report and fulfills a pledge to the United Nations Global Compact
When we signed the United Nations Global Compact in 2011, we promised to uphold the UNGC’s Ten Principles and to make steady progress toward aligning our corporate policies and management systems with those principles. We further committed to sharing that progress with the UNGC office through our annual sustainability report.
Where do we start? Many companies are currently asking themselves this question when it comes to complying with the U.S. regulation on Conflict Minerals. For companies that manufacture thousands of products-such as retailers with name brands-the requirement to publicly disclose the origin of gold, tin, tantalum and tungsten (3TG) used in these products is especially challenging. The prospect of surveying and requesting data from every tier 1 supplier is daunting and inefficient.
One of Source Intelligence’s conflict minerals experts, Tristan Mechum, will be featured on Triple Pundits panel of experts Q&A for “3p Traceability Week” from Wednesday, September 10 to Tuesday, September 16. The panel of experts will be discussing traceability in the supply chain in three controversial areas: seafood, fashion and minerals.
The UN Global Compact Business Partnership Hub is an interactive, online platform designed to connect businesses with potential partners in support of UN goals and issues. The Business Partnership Hub allows companies to browse through existing partnership projects that are in need of additional support, and to post its own projects that seek new partners.
New York, June 24, 2014 /3BL Media/ – Marking ten years of the UN Global Compact’s 10th Principle Against Corruption, business today called on Governments to address corruption and foster good governance in ways that advance the global development agenda.
The World Bank has come forward to support a new anti-corruption initiative in Ukraine aimed at improving the country’s business environment and stimulating sustainable economic growth. The Bank has signed a Protocol of Support, which endorses anti-corruption efforts of the Ukrainian Government, in association with the European Bank for Reconstruction and Development (EBRD), the Organization for Economic Cooperation and Development (OECD), and the Ukrainian business community.
Eastman reaffirms its commitment to honesty, integrity and responsible corporate behavior
Kingsport, TENN., March 20, 2014 /3BL Media/ – Eastman Chemical Company (NYSE:EMN) announced today that it has been recognized by the Ethisphere® Institute as a 2014 World’s Most Ethical Company® for its efforts to continually raise the bar on ethical leadership and corporate behavior.