Clariant AG Rotten Score Breakdown
💼Corporate Misconduct
Rotten to the core
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Clariant Fined €155.769 Million in EU Ethylene Purchasing Cartel
In July 2020, the European Commission fined Clariant AG and Clariant International AG €155.769 million for participation in an ethylene purchasing cartel. The Commission found that cartel participants exchanged sensitive commercial and pricing information and coordinated a price element used in negotiations with ethylene sellers. Clariant accepted liability in the settlement procedure. The fine included an increase for repeat infringement and reductions for leniency and settlement cooperation. In October 2023, the EU General Court dismissed Clariant's challenge to the fine.
Sources:
European Commission
https://ec.europa.eu/commission/presscorner/api/files/document/print/es/ip_20_1348/IP_20_1348_EN.pdf
EUR-Lex
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:62020TJ0590
📰Human Rights & Exploitation
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🎭Fraud & Corruption
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🧪Deceptive Practices
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🚨Environmental Harm
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🌱Sustainability Deception
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
💸Workplace Misconduct
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
⚠️Financial Misconduct
No documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts