Criminals including terrorists and tax evaders, as well as government officials subject to sanctions, can easily breach regulations meant to bar them from the international finance system, a study has found. Banks and other
The Australian clean energy industry has warned of growing evidence linking renewable energy supply chains to modern slavery, and urged companies and governments to act to eliminate it. A report by the Clean Energy Council, representing
Coca-Cola Company has escaped the false advertising lawsuit waged against it by an environmental activist group, which accused the Atlanta-headquartered beverage giant of greenwashing by marketing itself as “a sustainable and environmentally friendly company, despite
The global production of solar panels is using forced labour from China’s Uyghur Muslims in Xinjiang province, an investigation has found. Xinjiang produces about 45% of the world’s supply of the key component, polysilicon, the research
As net zero has become an organizing principle for business, executives are on the spot to lay out credibly how they will deliver their transition to net zero while simultaneously building and reinforcing resilience against
The European Union has agreed to a law that sets national targets to reduce overall carbon emissions by the end of the decade across sectors including agriculture, buildings, and transport. Negotiators of the European
Despite promises by the government to eradicate trafficking rings, people are still being sold in Cambodia and forced to run online scams. In September Cambodian authorities recovered evidence of human trafficking, kidnapping, and torture during
The Australian Securities and Investments Commission has fined Tlou Energy for making misleading statements to the ASX about its green credentials. The corporate regulator has issued its first penalty for greenwashing, fining Australian company
In the Campos basin off the south-east coast of Brazil, two ships contracted by a major energy corporation will be used to mine vast quantities of oil in a project that could generate more than
PARIS (Reuters) – French authorities are in talks with planemaker Airbus that could lead to the expansion of a record multi-national bribery settlement agreed in 2020, prosecutors said on Tuesday. French publication Mediapart reported that
The 2020s may mark the beginning of a fundamental shift for corporations: from pure profit maximization to a new approach to growth—one that gives due weight to the health of society and the planet. As organizations
The raid of German asset manager DWS by 50 police officers last month ushered in a new type of corporate scandal. Financial institutions are typically raided because of suspected money laundering or tax fraud. In
