It’s windy as hell here in Canterbury this morning … and cold. Wind chills in the minus numbers. Brrrr!
I think the wind is blowing the cover off of some bad actors … let’s take a look … maybe it’ll be cleansing!
According to their website:
Covalence publishes annual and quarterly ethical rankings covering 581 companies within 18 sectors. > Universe.
Covalence Ethical Ranking 2009
Covalence Ethical Ranking 2009 has been published on 26 January 2010.
Leaders Across Sectors: 1. IBM, 2. Intel Corp, 3. HSBC Holdings, 4. Marks & Spencer, 5. Unilever, 6. Xerox, 7. General Electric, 8. Cisco Systems, 9. Dell Inc., 10. Procter & Gamble > More results across sectors
Sector Leaders (click on sector to view details): Automobiles & Parts: BMW Group; Banks: HSBC Holdings; Basic Resources: Alcoa Inc; Chemicals: DuPont; Construction & Materials: Holcim; Financial Services: American Express; Food & Beverages: Unilever; Health Care: GlaxoSmithKline; Industrial Goods & Services: General Electric; Insurance: Swiss Re; Media: Walt Disney Co.; Oil & Gas: Suncor Energy Inc.; Personal & Household Goods: Procter & Gamble; Retail: Marks & Spencer; Technology: IBM; Telecommunication: Vodafone; Travel & Leisure: Starbucks; Utilities: PG&E Corp.
So, what you see above are the good guys. Here are the ones at the bottom of the list … with the last being the worst, and so on. Congratulations Halliburton … and Dick!
570. Barrick Gold Corporation | Basic Resources
571. Mediaset SpA | Media
572. Total SA | Oil & Gas
573. Grupo Mexico SA de CV | Basic Resources
574. Syngenta AG | Chemicals
575. Ryanair Holdings plc | Travel & Leisure
576. Occidental Petroleum Corporation | Oil & Gas
577. Philip Morris International Inc. | Personal & Household Goods
578. Freeport-McMoRan Copper & Gold Inc. | Basic Resources
579. Chevron Corp. | Oil & Gas
580. Halliburton Company | Oil & Gas
581. Monsanto Co. | Food & Beverages
Wondering how they arrive at their rankings?
Covalence 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, enterprise, NGO and other sources, for producing the EthicalQuote score which serves as a base for calculating Covalence rankings. This score reflects the historical evolution of multinational companies’ ethical reputation.
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 Thomson Reuters, Bloomberg and Capital IQ.
Covalence is closely monitoring 18 sectors including 581 companies that are included in the Dow Jones Sector Titans. Covalence is a limited company that was founded in Geneva in 2001 by six persons with political science and finance backgrounds.
Looks like it would take more time than I have this morning to delve into the details, but I’m pleased that they got Halliburton nailed … Monsanto, too.
And then, if we’re talking blowing the cover off of miasma .. there’s always John and Elizabeth … good god, y’all!
It’s not that they fucked up – it’s the level of insincerity and inauthenticity. I just HATE it when Democrates behave like GOPers at their self-righteous, faux family values worst! Damn, damn, damn.
On a MUCH more positive note – here’s Tracey Ullman with Rachel Maddow!