The Personal & Household Goods Sector Reflects Human Paradoxes – Covalence Personal & Household Goods Report 2009
Press Release |
The Personal & Household Goods sector reflects the paradoxical nature of human beings: we pollute and clean, consume and recycle, build and destroy, play and throw away, care and smoke, want cheap products and support fair trade, comments a report published today by Geneva-based ethical reputation research firm Covalence, Covalence Personal & Household Goods Report 2009.
Personal & Household Goods companies are found all across Covalence Ethical Ranking: Procter & Gamble is leading (#14 across 18 sectors and 541 companies), ahead of Sony Corp (#16) and Philips Electronics (#37), while Mattel (#511), D.R. Horton (#513), and Japan Tobacco (#522) occupy the last positions.
Top producers of positive news in Mar 2008 – Feb 2009 have been Sony Corp, Nike, Panasonic and Procter & Gamble, while Nintendo, Sony Corp, Philips Electronics, and Panasonic come first as for negative news.
Subsectors present different characteristics: Leisure Goods registered the most positives and the most negatives news items; Household Goods and Personal Goods show the best positive / negative ratios; Tobacco gets a majority of negatives.
Various issues have been identified in relation to the Personal & Household Goods sector, among which: Climate Change; Packaging, waste, recycling; Energy; Community; Health; Water issues; Job cuts/creations; Diversity; Tobacco; Legal issues; Education support; Child issues; Marketing practices; Toxic chemicals; Supply chain.
Criteria showing the most positive news were: 32. Waste Management, 26. Environmental Impact of Production, 37. Social Sponsorship, 31. Product Environmental Risk, and 33. Eco Innovative Product. Criteria registering the most negatives: 18. Downsizing, 32. Waste Management, 26. Environmental Impact of Production, 12. Economic Impact, and 31. Product Environmental Risk.
More information on Covalence Personal & Household Goods Report 2009:
> Extract: Covalence Personal & Household Goods Report 2009
About Covalence
Geneva-based Covalence tracks the ethical reputation of multinationals by sourcing online information. We publish ethical rankings and offer reputation management products to clients among companies, investors and institutions, while informing researchers and the media > Covalence in the news.
Covalence’ s ethical quotation system is a reputation index based on quantifying qualitative data, which is classified according to 45 criteria such as Labour standards, Waste management, Product social utility or Human rights policy. It is a barometer of how multinationals are perceived in the ethical field. The system integrates thousands of documents found among media, companies, blogs, NGOs and other sources.
This tool received the Cantonal Sustainable Development Prize (Geneva) in 2004 and prompted Covalence among the finalists of the Social Entrepreneur of the Year 2005 award organised by the Schwab Foundation. Covalence research is also distributed by Reuters, Thomson Financial and Bloomberg.
sified as the largest market capitalizations in the Dow Jones World Index. Covalence is a limited company that was founded in Geneva in 2001 by six persons with political science and finance backgrounds.
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