One billion dollars and green compliments to Siemens
Siemens annouced today it has won orders in the USA and Canada to supply wind turbines worth one billion US dollars. At the same time the company has been praised for its growing involvement in renewable energy and clean technologies.
This is in line with the “Ethical Recovery at Siemens AG” after the bribery scandal that hurt the company’s reputation in the 2006-2008 period; recently most negative news naming the German firm in Covalence EthicalQuote database dealt with job cuts in the IT division. Over the last years the compliance department of Siemens has grown from 170 to 600 employees.
More on Siemens: Ethical Snapshots | Live EthicalQuote | Company Report
Daily Move by Covalence EthicalQuote. The Daily Move comments on the change of the day in Covalence EthicalQuote ethical reputation scoring system and CSR news database.