Last month, Unocal Corporation, a multinational energy concern loathed in many circles for its business relationship with the Burmese military regime, dropped plans to pursue a natural gas pipeline deal with the Taliban government of Afghanistan, a regime loathed in many circles for its heinous treatment of women. The official story from Unocal is that... Read More
Using the same approach that companies have used to ensure worldwide quality standards, Social Accountability International (formerly Council on Economic Priorities Accreditation Agency) has created a workers' rights standard: Social Accountability 8000, or SA8000.
I trust that if there were anything truly reassuring to tell shareholders about Unocal’s relationship with the barbaric Taliban regime of Afghanistan, Chairman Roger Beach would have said it at last month’s annual stockholders meeting. Several of us attended to press Unocal to explain how the company can insist that it isn’t “negotiating” with the... Read More