ESG News Review 13 – 19 September 2014

22 09 2014

Kroger appeared among the most praised companies last week as it announced it has donated more than 50 million pounds of products to local Feeding America food banks in 2013; Kroger, together with The Coca-Cola Company, Honeywell International and other US firms, also committed to reduce emissions of hydrofluorocarbons at the Climate Summit in New […]

ESG News Review 17 — 23 May 2014

26 05 2014

Dell was among the most praised companies last week, as it announced new sustainability initiatives among which carbon-negative packaging, through a partnership with Newlight Technologies, inventor and manufacturer of AirCarbon. Walmart is collaborating with Kellogg Company to support the livelihoods of rice growers and sustainable rice-growing practices worldwide. Volkswagen has earned the World Environment Center’s […]

ESG News Review 8 — 14 March 2014

17 03 2014

Toyota was among the most praised companies last week as it announced a wage increase for its Japan-based workers, responding to calls from Japanese Prime Minister Shinzo Abe. Nestlé published a new report describing its efforts to meet commitments in areas such as nutrition, water, rural development, sustainability and compliance; Nestlé also announced it will […]

ESG News Review 2-8 November 2013

11 11 2013

Iberdrola was among the most praised companies last week as it presented the first results of its SIGMA program aiming at reducing CO2 emissions during electricity generation. This Spanish company has also been named in other news covering its initiatives in favor of biodiversity, education and environmental awareness. Toyota said it reduced 29% of CO2 […]

ESG News Review 29 June – 5 July 2013

8 07 2013

Last week The Coca-Cola Company has received positive media coverage for joining the Soft Drinks Sustainability Roadmap, an initiative aiming at reducing the environmental footprint of soft drink products. At the same time, Google was criticized by Oklahoma and Nebraska’s Attorney’s General for making money from YouTube ads promoting illegal drugs. This weekly review has been produced […]

ESG News Review 15-21 June 2013

24 06 2013

Ford has been praised for cutting production emissions by 37% per vehicle since 2000, while HSBC (and Standard Chartered) officers have been caught in a Cobrapost sting operation, offering to launder money. This weekly review is produced using the EthicalQuote reputation index run by Covalence, which tracks 2800 companies worldwide. It gives a summary of […]

HSBC chairman vows to put ethics at heart of sales

13 08 2012

In the wake of furore over terrorist links and money laundering controls failings that have cast a cloud over banking group HSBC, its chairman has vowed to change the way business is done by reducing complexity and implementing a more stringent set of global standards. The bank was recently chastised by a US senate committee […]

HSBC Accused of Laundering Money for Mexico Drug Cartels

17 05 2011

The U.S. Justice Departments is reportedly working on a case against HSBC bankers they say have laundered money from Mexican drug gangs. Still at the beginning of the investigation, the Justice Department is building its case against the bank. The investigation began in August of 2010, when the Office of the Comptroller of the Currency […]

Undue Diligence: How banks do business with corrupt regimes

11 03 2009

Global Witness’ new report Undue Diligence names some of the major banks who have done business with corrupt regimes. By accepting these customers, banks are assisting those who are using state assets to enrich themselves or brutalise their own people. This corruption denies the world’s poorest people the chance to lift themselves out of poverty […]

The Climate Principles: Finance leaders launch first global climate change framework

2 12 2008

A group of major international financial institutions has joined with The Climate Group to launch a new code to guide best practice across the sector to deal with the risks and opportunities of climate change. The new code, titled The Climate Principles, is the first comprehensive industry framework for the sector’s response to climate change […]