SocialFunds.com — ArcelorMittal, Citigroup, Chevron, China National Petroleum Corporation (CNPC), ExxonMobil, Nestlé, Samsung, Shell, Total, and Wal-Mart were red-flagged by ECOFACT as the most controversial companies in the world. The companies were routinely in the news and criticized by non-governmental organizations in the first half of this year.
The Reputational Risk Index (RRI) by ECOFACT’s RepRisk tool ranks companies on negative press and criticism from NGOs on labor, environmental and corruption issues. The top social and environmental issues these ten companies were criticized for during the previous six months were human rights abuses and corporate complicity and negative impact on communities and ecosystems.
The RRI is designed to help investors gauge a company’s relationship to controversial issues and the risks associated with them.
Source: SocialFunds.com
Related posts:
- Australia: ANZ backs away from controversial pulp mill
- Most Companies Fail to Embrace Sustainability: Report
- Corporate boards can and should influence CSR performance – Canadian study
- Greenpeace Ranks Cisco First Among IT Companies Addressing Climate Change
- New Report Grades Sustainability Reporting of Top Pharmaceutical Companies
By Email
RSS
