ESG News Review 23 — 29 August 2014
Nestlé appeared among the most praised companies last week as Nespresso launched its 2020 Sustainability ambition, The Positive Cup, and the Nespresso Sustainable Development Fund, a strategy based on a CHF 500 million investment aiming at improving farmer welfare and driving environmental sustainability in coffee sourcing and consumption. Verizon announced that it will invest nearly $40 million to expand the on-site green energy program that it launched in 2013; Verizon contracted with SunPower Corp. to design and install all of the solar systems. PepsiCo’s CEO said the company would work to provide products that are “healthy and nutritious,” in response to a demand by the Indian government to develop nutritious processed foods to be included in school lunches around India. The U.S. Export-Import Bank agreed to lend $65 million for Peruvian wind farms that will use Siemens AG (SIE) turbines made in Kansas and Iowa.
On the negative side, Deutsche Lufthansa was among the most criticized companies last week after pilots at Lufthansa’s budget carrier Germanwings staged a six-hour strike on Friday, due to a pension scheme dispute. Grupo Mexico could have to pay billions of pesos to clean up a toxic spill “that could prove to be the country’s worst mining disaster in modern times”, the Mexican government said; the company could face an initial fine of 40 million pesos ($3.05 million) over the spill into a river near the Buenavista copper mine in the northern state of Sonora. Two senior executives from Volkswagen’s biggest joint venture in China are under investigation for “seriously violating the law”, the Chinese Communist party’s corruption watchdog said. Qualcomm, the world’s No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, according to Reuters. The Chinese antitrust authorities are probing Microsoft over its web browser and media player, indicating the company “had not been fully transparent with its sales data on the software it distributes in China”.
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.
Ratio of positive news / total news for 50 criteria last week 0 % 100 %
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.
Ratio of positive news / total news 0 % 100 %
In terms of volume of informationÂ USA, China, India, France, Mexico, Germany, Canada, UK, South Africa, and Colombia were the main countries of action.
Last week statistics
|Positives / Total||44%||Â||Â||Â||Â|
These figures show the activity in Covalence EthicalQuote database during the week of 23 – 29 August 2014.
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