In the end, it was an overwhelming majority. Only seven members of parliament voted last Friday (21 February 2014) against toughening up German regulations to stop bribery of parliamentarians. 582 voted for it. The issue is the last major obstacle to Germany’s ratification of the United Nations Convention against Corruption (UNCAC). We now expect Germany […]
Germany is ready to sign UNCAC – at last
Thanks, British taxpayer! Thanks Royal Bank of Scotland
Banks are currently not everybody’s darling so it’s no wonder that they try to polish their image. I was invited last week to a Scottish evening hosted by the Royal Bank of Scotland — which is 81 percent owned by the British government — at the Skylounge of the E-Werk, a typically lavish party location […]
“Universitywatch”: a wiki to name undue corporate influence at universities in Germany
Elisabeth Kahler and Christian Humborg work with Transparency Germany and prepared the launch of “universitywatch”. Berlin: Until 2011 Deutsche Bank funded two endowed chairs, one at the Institute for Applied Financial Mathematics at the Humboldt University Berlin and one at the Technical University Berlin. The steering committee named to appoint the chairs represented both sides […]
GRI: Germany’s corporate reports do not deliver what they promise
Sustainability reporting is a marketing instrument. In order to enhance their image, companies pride themselves on reporting on their environmental and social impact in accordance with the GRI Guidelines. The Guidelines of the Global Reporting Initiative are the leading standard of sustainability reporting worldwide and Application Level A is the highest stage of the system. […]
In the fight against corruption, Germany falls behind
With India’s ratification of UNCAC this month, Germany is one of the last three G20-countries to have not ratified the UN Convention against Corruption, together with Japan and Saudi-Arabia. This is not only embarrassing; it also undermines the credibility of Germany’s efforts to fight corruption at international level, hampering the government’s ability to create a […]
Corporate Social Responsibility: Gaining steam
Transparency International (TI) Germany’s work in support of strengthening adherence to the OECD Guidelines for Multinational Enterprises got a boost on July 4th when the European Women Lawyers Association (EWLA) adopted a “Resolution on Corporate Social Responsibility in Europe”. The resolution urges European lawmakers and corporations to commit to corporate social responsibility (CSR) as a […]
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