Greenwash & Public Relations
CorpWatch declared its support today for Secretary General Kofi Annan's decision not to renew a UN contract for scandal-ridden Swedish business leader Goran Lindahl. Mr. Lindahl, who was Mr. Annan's special advisor for the UN Global Compact, has been the subject of a pension scandal at Asea Brown and Boveri (ABB), where he was CEO until last year.
Former employees of RTI, a North Carolina company with a $167 million military contract to teach Iraqis about democracy, say the company failed in its task.
A new ski complex is being constructed in the environmentally sensitive Seven Lakes region of the snow-capped Rila mountains of south-western Bulgaria. Yet authorities have not been able to produce any planning permits nor have the investors produced any documentation of who is funding the construction.
Bank of America leads the list of companies that have paid over $1 billion in penalties and fines to the U.S. government in the last six years. Violation Tracker, a new corporate misconduct database maintained by Good Jobs First, estimates that the North Carolina bank has paid $56 billion.
Companies worldwide have signed on to voluntary codes of conduct in a bid to mitigate globalization's harmful aspects. Activists and executives agree the firms are falling short but disagree on the reasons and remedies.
WWF Europe has filed a complaint for false advertising against Peabody Energy, the world's largest coal mining company, after the company began a campaign to promote the use of coal in developing countries, claiming that so-called "clean coal" technology could eradicate poverty.
Lana Pollack, executive director of the Michigan Environmental Council, likes William Clay Ford Jr. so much that she says she did a little jig on the sidewalk in front of the Ford Motor Co. headquarters after they met to exchange views.