Glencore to declare support for ethical mining to spruce up its image

29 08 2011

Commodities trader Glencore will profess its support for a global standard on transparency in natural resources, the Daily Mail can reveal, amid a charm offensive designed to clean up its image. Glencore representatives are flying to Norway to meet figures from the Extractive Industries Transparency Initiative (EITI), which promotes principles of ethical behaviour at natural […]

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Multinational Corporations And Poverty Eradication — Analysis

25 08 2011

The second story that confirms my argument was a story from SIEMENS, a gigantic conglomerate from Germany. After a series of interview with their CSR team in Thailand, I have noticed similar pattern to the previous case. Although they do not perceive poverty as a direct threat, they have been working on this issue indirectly. […]

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Yum! Brands Directs First $1 Million of World Hunger Relief Funds to Help Fight Hunger in The Horn of Africa

17 08 2011

Yum! Brands (NYSE: YUM), the world’s largest restaurant company and parent of KFC, Pizza Hut and Taco Bell, announced today that it is directing the first $1 million from its World Hunger Relief global effort to provide food to families affected by hunger and suffering the effects of drought in the Horn of Africa. The […]

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90,000 workers strike at adidas supplier

1 08 2011

A Vietnamese labour group reports that low wages and inhumane treatment have lead 90,000 workers to strike at the Pou Yuen adidas suppler in Ho Chi Minh City. According to the Committee to Protect Vietnamese Workers, the six day strike ended when management agreed to raise base wages and supplements by up to AUD $22.50 […]

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