Investors Quiet on Blackstone-Owned Company’s Child-Labor Fine

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Investors in a Blackstone fund that owns Packers Sanitation have said little publicly about a $1.5 million fine against the company for illegally employing minors to clean meatpacking plants

Blackstone Inc. has so far faced little public blowback from investors over its backing of a sanitation company fined for illegally using child labor, based on communications with public pensions that invest in the asset manager’s funds.

The Labor Department said last week that Packers Sanitation Services Inc., which provides food safety and sanitation services, employed at least 102 children ages 13 to 17 in hazardous overnight shifts in meat-processing plants. The Kieler, Wis.-based company paid a $1.5 million fine, or about...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blackstone similar to a pig , can’t be cleaned !

What's their ESG rating?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company hired same child twice to clean slaughterhouses, internal document showsNEW: A company that the Labor Department says used more than 100 children to clean slaughterhouses hired the same child twice under different names, an internal company document reviewed by NBCNews shows. Well no one else wants to work. I bet they can fit inside all the small machines that need cleaning too. Those kids should be working in coal mines like real men
Source: NBCNews - 🏆 10. / 86 Read more »