Vermilion Energy was among the most praised companies last week because they wonÂ The 2013 Circular Economy Award for Industrial and Regional Ecology in France, an award that honors companies that reduce, recycle and reuse materials and resources throughout the production process. Honda has joined a experimental project that looks at the vehicle to grid technology which could provide a valuable energy storage source. Honda is working with the University of Delaware’s Science Technology and Advanced Research (STAR) team to investigate potential benefits of this technology for the electrical grid, car owners, and society. Volvo is also highly praised this week as they prepare to launch a project, supported by the Swedish government, that promotes self-driving cars in Sweden. This project involves putting 100 driverless cars on the roads in Sweden. The goal of this project is to reduce car related deaths and injuries to zero and to put Volvo and Sweden at the forefront of this movement. Schneider Electric S.A is praised this week for joining with DONG the leading energy provider in Northern Africa in a project that will promote energy availability in remote African Islands. The aim of the project is to promote the use of renewable energy while maintaining the stability and availability of the electrical grid for local consumers. Finally, Honeywell International Inc announced that their laminate film designed to keep solar panels cool and increase efficiency was named one of the top 10 most innovative materials in a competition in China.
Five banks were the most criticized companies last week, as they have been fined by the European Commission for colluding to profit from the manipulation of key interest rates. Deutsche Bank received the largest fine, of 468 million euros, while being criticized in other news for plans to cut 200 commodity jobs, as well as for being under scrutiny due to money spent on excessive entertainment for pension fund executives in Japan. Citigroup has also been sued by the Los Angeles city attorney for alleged mortgage discrimination that led to a wave of foreclosures in minority communities since 2008.
The most praised companies last week were: Vermilion Energy Inc., Honda Motor Co. Ltd., Volvo AB, Schneider Electric S.A., and Honeywell International Inc.
And the most criticized were: Deutsche Bank AG, Citigroup Inc., JPMorgan Chase & Co., Royal Bank of Scotland Group plc, and Barclays plc.
The tag cloud below shows words found in news about these companies.
Words found in news about most praised and most criticized companies last week
This weekly review has been produced using the EthicalQuote reputation index run by Covalence, which tracks 2800 companies worldwide. It gives a summary of positive and negative news published last week about Environmental, Social, Governance (ESG), Corporate Social Responsibility (CSR), ethics and sustainability.
The EthicalQuote reputation index integrates thousands of news pieces gathered online and classified according to 50 ESG criteria inspired by the Global Reporting Initiative (GRI), and to their positive or negative sentiment.
The next heatmap represents the sentiment calculated for each of the 50 criteria last week. The 50 criteria are embedded into 7 dimensions, following the structure of the GRI. The color indicates the ratio of positive news / total news.
The map below represents countries where action described in the news takes place, the color reflecting the ratio of positive news / total news for each active country using last week’s data.
In terms of volume of information USA, Germany, France, Japan, UK, China, Belgium, Canada, Brazil, Spain, India, Bangladesh.
Last week statistics
|Positives / Total||27%|
These figures show the activity in Covalence EthicalQuote database during the week of 30 November – 6 December 2013.
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