ESG News Review 18 – 24 October 2014

27 10 2014

Neste Oil was among the most praised companies last week, as it said that its renewable NEXBTL diesel are among the quickest and most efficient way to reduce traffic-related emissions, following a decision by the European Council to add renewable traffic fuels to the Community’s energy and climate package; Neste Oil also announced it has joined the United Nations Global Compact to strengthen its commitment to respecting human and labor rights. Boeing and Commercial Aircraft Corp. of China (COMAC) opened a demonstration facility that will turn waste cooking oil, or “gutter oil,” into sustainable aviation biofuel. The Hershey Company announced an innovative partnership with its suppliers and Olam International “to help thousands of farmers in Côte d’Ivoire improve productivity, raise incomes and improve communities”. Abengoa has been selected for the CDP Climate Performance Leadership Index (CPLI) 2014 as one of the top 200 companies around the world with excellent climate change performance, and it announced the official opening of its second generation cellulosic ethanol plant in Hugoton, Kansas.

Deutsche Lufthansa was among the most criticized companies last week after its pilots union expanded their strike due to a dispute over pilots’ retirement benefits. Former executives of the Bankia group are accused by Spain’s National Court of spending millions on nightclubs, safaris and other luxuries using company credit cards. The former head of the wealth management division for the Americas at UBS began testifying against his former boss who is accused of conspiring to conceal up to $20 billion in U.S. taxpayers’ assets in secret offshore accounts. Brazilian President Dilma Rousseff admitted that there has been corruption at the state-owned integrated energy company, Petrobras. The chairman of Tesco announced his resignation amid an accounting scandal in which the company admitted it had overstated its projected profits.

The tag cloud below shows words found in news about these companies.

ESG News Review 18 - 24 October 2014

Words found in news about most praised and most criticized companies last week

This weekly review has been produced using the EthicalQuote reputation index run by Covalence, which tracks 2800 companies worldwide. It gives a summary of positive and negative news published last week about Environmental, Social, Governance (ESG), Corporate Social Responsibility (CSR), ethics and sustainability.

The EthicalQuote reputation index integrates thousands of news pieces gathered online and classified according to 50 ESG criteria inspired by the Global Reporting Initiative (GRI), and to their positive or negative sentiment.

The next heatmap represents the sentiment calculated for each of the 50 criteria last week. The 50 criteria are embedded into 7 dimensions, following the structure of the GRI. The color indicates the ratio of positive news / total news.

ESG News Review 18 - 24 October 2014

Ratio of positive news / total news for 50 criteria last week 0 % countryofactionBAR130610_70 100 %

The map below represents countries where action described in the news takes place, the color reflecting the ratio of positive news / total news for each active country using last week’s data.

ESG News Review 18 - 24 October 2014

Ratio of positive news / total news 0 % countryofactionBAR130610_70 100 %

In terms of volume of information USA, Spain, Germany, France, UK, Japan, Brazil, China, and Australia were the main countries of action.

Last week statistics

Positives 847 Companies named 306 Countries 81
Negatives 822 Mostly praised 186 Sources 366
Total 1669 Mostly criticized 111    
Positives / Total 51%        

These figures show the activity in Covalence EthicalQuote database during the week of 18 – 24 October 2014.

Historical statistics

  ESG News Review 18 - 24 October 2014
Positives 394873
Negatives 261567
Total 656440
Sources 41959
Start 01.01.2002
End 24.10.2014
   

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