CSR News Stories

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Daimler agrees to pay $185m after admitting bribery

German carmaker Daimler has pleaded guilty to corruption in the US and will pay $185m to settle the case. The charges relate to US Justice Department and Securities and Exchange Commission investigations into the company's global sales practices.

Jacob Zuma

South Africa: Apartheid case against companies divides opinion

A US court has been hearing an appeal by a number of companies, including IBM, Daimler and General Motors, to dismiss a suit that seeks damages from them for their role in South Africa during the time of Apartheid. The appeal argues that the US court has no jurisdiction over the matter, and companies could not be held responsible for the actions of the then South African government.

US: Carmakers face deal on fuel efficiency

Congressional negotiators have agreed a deal that will require manufacturers of cars and light trucks to meet an average fuel efficiency performance of 35 miles to the gallon.

General Motors and DaimlerChrysler take on the challenge of hybrid technology

General Motors and DaimlerChrysler have announced that they are to collaborate to develop fuel-efficient hybrid technology to challenge the current supremacy of Japanese motor giants Toyota and Honda.

DaimlerChrysler signs labour code of conduct

DaimlerChrysler has signed a global labour agreement with the International Metalworkers Federation entitled 'Social Responsibility Principles of DaimlerChrysler'.

DaimlerChrysler honoured for HIV/AIDS programme

The Constituency for Africa (CFA) has presented DaimlerChrysler AG with its Corporate Leadership Award in recognition of the company's commitment to combating HIV/AIDS in Africa.

South Africa: DaimlerChrysler requires black partners

DaimlerChrysler SA has introduced a requirement that its franchised dealers introduce a black empowerment partner into their business.

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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.