Wednesday, July 4, 2007

UN told to overhaul corporate responsibility pact

(Reuters) - Human rights and environmental activists urged the United Nations on Wednesday to overhaul its seven-year-old initiative on business responsibility, saying it needed teeth to spur companies to improve their practices.

Amnesty International, Greenpeace and ActionAid, speaking ahead of a summit of the U.N. Global Compact expected to draw more than 1,000 executives and officials to Geneva, said that voluntary rules had done little to improve companies' practices.


Read more at Reuters Africa

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