Interactions of banks with governments are increasingly criticized in terms of ethics; meanwhile, environmental initiatives and philanthropic donations are the industry’s main positive news cows, states a report published today by Geneva-based ethical reputation research firm Covalence — Covalence Banking…
Environmental organizations today condemned the Japan Bank for International Cooperation (JBIC) and four private banks’ June 16 decision to provide approximately 5.3 billion dollars in financing for the problematic Sakhalin II oil and gas project in the Russian Far East.[1]Â …
In 2006 and 2007, UNI Finance conducted a survey on finance companies' commitments to Principle 3 of the UN Global Compact, "Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining". 35 major…
According to the latest Banking Industry report from research group Covalence, competition for eco-minded customers has helped improve how banks' services affect the environment. The study looked at the EthicalQuote Reputation Index for nine industries from June 2006 to June…
Banks show the second best EthicalQuote reputation score from June 2006 to June 2007 compared to nine other industries, states a report released on 29 June 2007 by Geneva-based ethical reputation research firm Covalence, Covalence Banking Industry Report 2007. Over…
