Marks & Spencer and Wal-Mart Drive the Retail Industry’s Eco-Agenda – Covalence Retail Industry Report 2007

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 level of demands (negative news items). Wal-Mart, the largest retailer in the world, is more of a reactive leader: having been a central target of critical campaigns for many years, in 2006 the company has started an impressive move towards Corporate Social Responsibility (CSR), as the EthicalQuote reputation curve shows. From the bottom (Wal-Mart) and from the top (Marks & Spencer) of the ranking, the two companies are setting the pace to the whole industry. Those which are neither proactive nor reactive will be left behind as the industry continues to move forward. > Continue.

Publication: Covalence Press Release | Country: Global | Company: Aeon, Bed Bath & Beyond, Best Buy, Cardinal Health, Carrefour, Coles Myer, Costco Wholesale, CVS Corp, eBay, Gap Inc, Hennes & Mauritz, Home Depot, Inditex SA, Kingfisher, Kohl s Corp, Limited Brands, Lowe s Cos, Marks & Spencer, McKesson, PPR, Sears, Target Corp, Tesco, TJX Companies, Walgreen, Wal-Mart, Wesfarmers | Source: Covalence