CSR News Stories

Chinese police at Ningbo protests

China: Protests against polluting plants on the rise

Demonstrations against the proposed expansion of a petrochemical plant in Ningbo have concluded with the city backing down on the plans. The move is the latest chapter in a growing trend of response against pollution caused by Chinese factories.

Oil in Sudan

US: Pension group TIAA-Cref disinvests from Sudan

TIAA-Cref has announced that it is sellings its stakes in four companies that have failed to respond to its concerns about operations in Sudan. The move makes it the first major US asset manager to take this action.

photo of cash

China: Sinopec chief convicted of bribery

A court in Beijing has found the former chairman on China Petroleum and Chemical Corporation, Sinopec, guilty of taking $28.7m in bribes. He was given a suspended death sentence which, in practice, is likely to mean a life term in prison.

China: BASF and Sinopec to create sustainable business council

BASF, the German chemical giant, has announced that it is teaming up with Sinopec, China's leading petrochemical firm, to set up a Sustainable Business Development Council in Beijing.

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