Some of the world’s biggest luxury conglomerates have failed to make the grade in a ranking of ethical and environmental performance. A report released today by the WWF, the conservation group, entitled “Deeper Luxury”, gives Bulgari and Tod’s, the Italian jewellery and accessory companies, a grade F for their “environmental, social and governance performance and reputation” in 2006, of the 10 largest publicly traded luxury conglomerates. (…) There is no established methodology for assessing the industry’s performance in the ethical and environmental area. To arrive at the grades, WWF collected data from analysts Ethical Investment Research Service (EIRIS), which uses company reports and information to track performance, which it may follow up with a questionnaire; and Covalence, a company that tracks public perception of a company through news reports. Image source: wwf.org.uk. > Continue.
Publication: Covalence in the News | Country: Global | Company: Todâ€™s, Bulgari, Swatch, PPR, Richemont, Coach, LVMH, HermÃ¨s, Lâ€™Oreal, Tiffany | Source: Financial Times
You can download the report for free at: http://www.deeperluxury.com
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