International 
Facing Pressure, Companies Agree to Halt Sales to Iran(1)
In response to the threat of a public campaign by a U.S.-based lobbying group, Ingersoll-Rand joined Caterpillar, General Electric, Huntsman and Siemans in agreeing to halt sales of products to customers in Iran even though the sales are apparently legal and in compliance with U.S. laws that severely restrict exports to Iran.
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Business Ethics in China: What Would Chairman Mao Think?
The Communist Party’s Central Committee has issued a code of ethics specifying 52 unacceptable practices and warned that violators would be “severely” disciplined and subject to criminal charges. The 52 practices include accepting cash or financial instruments as gifts, and using influence to benefit spouses, children or others in employment, stock trading or business.
Apple Increases Its Monitoring of Suppliers
The company says it conducted on-site audits at 102 facilities in 2009, up from 83 in 2008, and trained 133,000 workers, supervisors and managers, a sharp increase from 27,000 a year earlier.
US Likely to Broaden Anti-Bribery and Corruption Efforts
“The U.S. government – and not just the Justice Department, but the U.S. government more broadly – is going to focus on international corruption in a more comprehensive and even more rigorous way than it has in the past,” said Mark Mendelsohn, the Justice Department’s lead criminal prosecutor for violations of the Foreign Corrupt Practices Act.
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- Corporations See Sustainability Offerring Trillions in Opportunity
- Senator Questions 30 Companies on Human Rights in China
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- McDonald’s Publishes 2009 Corporate Responsibility Report
- World Economic Forum: Will Many Take The Global Business Oath?