Firm told it must take responsibility for toxic legacy of pollution and safe decommissioning of abandoned oil infrastructure. The oil firm Shell cannot be allowed to withdraw from the Niger delta before it takes responsibility for its toxic legacy of pollution and the safe decommissioning of abandoned oil infrastructure, a report says. Shell plc is preparing to...
German chemical giant BASF will divest from two joint ventures in China’s Xinjiang Uygur autonomous region, following reports that its business partners were involved in human rights abuses. “Recently published reports related to the joint-venture partner contain serious allegations that indicate activities inconsistent with BASF’s values. Consequently, BASF will accelerate the ongoing process to divest its shares,” read...
PARIS – French sports retail giant Decathlon has secretly continued selling clothes in Russia despite officially pulling out in protest at Russia’s war in Ukraine, according to a media report on Dec 19. The multinational retailer, which posted sales of €15.4 billion (S$22.4 billion) in 2022, announced within weeks of Russia’s invasion of Ukraine that it...