CSR News Stories

Buncefield oil fire

UK: Five companies to be prosecuted over oil depot fire

Total UK will be one of five companies prosecuted for the massive oil depot fire three years ago that created a mini-fuel supply crisis and counted as the biggest blaze in Europe since the second world war.

Iran: Total sees too great a risk following missile tests

The head of French oil company Total has said that it would hold off on further investments in Iran in the short term because of the growing political risk following the country's test-firing of a series of missiles.

France: Total found guilty over France's worst oil disaster

Total has been fined a maximum penalty of 375k euros and ordered to contribute towards nearly 200m euros damages for its role in France's worst oil disaster when the tanker Erika sank in 1999.

Burma: Total resists pressure to withdraw

The CEO of Total, Christophe de Mangerie, has rejected calls from a variety of sources, including the French President Nicolas Sarkozy, to withdraw from Burma in the face of the recent violence there.

France: Total chief executive investigated for corruption in Iran

Christophe de Margerie, the chief executive of Total, has been placed under judicial investigation as part of a review of alleged corruption involving the company in Iran.

Total bribery investigation under way

French oil company Total has said that its head of exploration and future CEO Christophe de Margerie is being investigated for claims that he paid bribes in order to win bids in the Iraq oil-for-food programme.

Madagascar: Business initiative to tackle poverty launched by PM

A programme to involve business in alleviating poverty has been launched by the Prime Minister Jacques Sylla. The launch of the initiative, 'Growing Sustainable Business for Poverty Reduction', was organised by UNDP and brought together government, business and civil society.

France: TotalFinaElf rejects competition ruling

TotalFinaElf has denied that it took part in collusion in setting fuel prices in France at its highway service stations following a ruling to this effect by France's Competition Authority levying a fine of 12m euros.

TotalFinaElf rejects accusations of forced labour

TotalFinaElf has disputed claims by the International Confederation of Free Trade Unions (ICFTU) that the company has knowingly profited from forced labour imposed by the military upon civilians.

TotalFinaElf faces Myanmar human rights lawsuit

Four refugees from Myanmar are taking legal action in Belgium against TotalFinaElf for alleged complicity with Myanmar's military regime.

UK oil firms accused of abuse in Burma

UK firms Premier Oil and TotalFinaElf have been retaining Burmese soldiers which have then perpetrated multiple human rights abuses, it was claimed in the European Parliament.

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Special Feature

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Social responsibility and finance - on the precipice

In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.