An institute whose experts have occupied key positions on European Union and United Nations regulatory panels is, in fact, reports The Guardian, an industry lobby group that masquerades as a scientific health charity. The revelations, based on a review of more than 17,000 documents released under U.S. freedom of information laws, appear in a new article in Globalization and Health. Sarah Steele, the lead author and a researcher at Cambridge University said: “Our findings add to the evidence that this nonprofit organization has been used by its corporate backers for years to counter public health policies. ILSI should be regarded as an industry group—a private body and regulated as such, not as a body acting for the greater good.” Among the companies that support ILSI are Coca Cola and Monsanto.
7 Corporate Giants Accused of Evading Billions in Taxes
It’s tax season—and that’s apt for companies who are under the microscope of European tax authorities, writes Fortune. In February, reports emerged that the European Commission is considering a proposal that would force multinationals to reveal their tax bills in 28 European countries. Why? Because corporate tax-dodging costs the EU between $54.5 billion and $76.4 billion a year, according to a study by the European Parliamentary Research Service.