US software giant Oracle Corp. is to be deleted from the FTSE4Good index series, index firm FTSE’s corporate responsibility standards suite, over human and labour rights. Oracle is one of seven companies that will be deleted as of March 18 as part of the latest semi-annual review. The others are Home Depot (environmental management and [...]

The extent to which shareholders can pressurize firms into improving their sustainability policies was underlined once again this week as two of the biggest names in corporate America, Chevron and Home Depot, faced shareholder resolutions demanding that they improve their environmental performance. Image source businessgreen.com > Continue. News selected by Covalence | Country: Global | [...]

Forced leave, wage reductions, hiring freezes and shorter hours simply did not do enough. A year into this recession, companies across the board are resorting to mass job cuts. Home Depot, Caterpillar, Sprint Nextel and at least eight other companies announced on Monday they would cut more than 75,000 jobs in the US and around [...]

Laggards of the past often turn into leaders of the present. The case of Wal-Mart perfectly illustrates this paradoxical tendency, states a report published today by Geneva-based ethical reputation research firm Covalence – Covalence Retail Industry Report 2008. A year ago Wal-Mart was still last in Covalence EthicalQuote ranking calculated for 27 companies in the [...]

Marks & Spencer and Wal-Mart are driving the ethical agenda for the retail sector, according to a report published by Covalence, a Switzerland-based company operating an ethical quotation system. The Covalence Retail Industry Report 2007 refers to Marks & Spencer as a “proactive leader, appearing in many positive news items.” Wal-Mart is said to be [...]

Marks & Spencer and Wal-Mart drive the ethical agenda of Retailers, which has been dominated by environmental issues in 2006-2007, states a report released by Geneva-based ethical reputation research firm Covalence, Covalence Retail Industry Report 2007. Marks & Spencer is a proactive leader: it appears in many positive news items and maintains a remarkably low [...]

I just received a press release from Covalence alerting me that the Geneva-based ethical rankings company is “publishing today its quarterly ethical reputation ranking, giving the best ranked companies as well as those companies which have made the most progress in the second quarter of 2007.” As recently as yesterday I wrote about one of [...]

In the business world these days, it appears that just about everything is for sale. Multi-billion-dollar deals are commonplace, and even venerable institutions such as the Wall Street Journal find themselves put into play. Yet companies are not the only things being acquired. This may turn out to be the year that big business bought [...]