{"id":2591,"date":"2008-07-03T11:26:14","date_gmt":"2008-07-03T10:26:14","guid":{"rendered":"http:\/\/www.ethicalquote.com\/index.php\/2008\/07\/03\/banks%e2%80%99-institutional-impact-under-scrutiny\/"},"modified":"2008-11-28T10:53:35","modified_gmt":"2008-11-28T09:53:35","slug":"banks-institutional-impact-under-scrutiny","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2008\/07\/03\/banks-institutional-impact-under-scrutiny\/","title":{"rendered":"Banks\u2019 institutional impact under scrutiny – Covalence Banking Industry Report 2008"},"content":{"rendered":"

\"080703_banksreport.jpg\"<\/a>Interactions of banks with governments are increasingly criticized in terms of ethics; meanwhile, environmental initiatives and philanthropic donations are the industry\u2019s main positive news cows, states a report published today by Geneva-based ethical reputation research firm Covalence \u2014 Covalence Banking Industry Report 2008. (\u2026) The historical EthicalQuote ranking calculated since 2002 sees Banks dropping from the 4th to the 5th position, with Food & Beverage ahead. Within the banking industry, HSBC, Bank of America, Barclays, and Wells Fargo managed to show a good progression, while <\/span>UBS<\/span><\/st1:stockticker>, Royal Bank of <\/span>Scotland<\/span><\/st1:place><\/st1:country-region>, <\/span>BNP<\/span><\/st1:stockticker> Paribas and Mitsubishi Tokyo saw their ethical reputation suffer the most. Environmental concerns, human rights issues, relations with public institutions create direct and indirect responsibility: in the future banks will certainly improve reporting on corporate footprint while being more and more challenged on their business lines. > Continue<\/a>.
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Publication: Covalence Press Release | <\/span>Region: <\/span>Global<\/span><\/span> <\/span><\/span><\/span> <\/span><\/span><\/span>| <\/span>Company: Banco Santander, Bank of America, Barclays Bank, BBVA, <\/span>BNP<\/span><\/st1:stockticker> Paribas, Citigroup, Credit Suisse, Deutsche Bank, Fifth Third Bancorp, HBOS, HSBC, JPMorgan Chase, Lloyds TSB, Merrill Lynch, Mitsubishi Tokyo Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, U.S. Bancorp, <\/span>UBS<\/span><\/st1:stockticker>, Wachovia Corp., Wells Fargo<\/span><\/a> | <\/span>Source: Covalence<\/a><\/p>\n

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Interactions of banks with governments are increasingly criticized in terms of ethics; meanwhile, environmental initiatives and philanthropic donations are the industry\u2019s main positive news cows, states a report published today by Geneva-based ethical reputation research firm Covalence \u2014 Covalence Banking Industry Report 2008. (\u2026) The historical EthicalQuote ranking calculated since 2002 sees Banks dropping from…<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[2,1],"tags":[76,116,187,134,52,31,51,183,188,148,73,119,136,189,190,137,191,192,193,194,195,14,196,140],"post_series":[],"class_list":["post-2591","post","type-post","status-publish","format-standard","hentry","category-publications","category-news","tag-banco-santander","tag-bank-of-america","tag-barclays-bank","tag-bbva","tag-bnp-paribas","tag-citigroup","tag-credit-suisse","tag-deutsche-bank","tag-fifth-third-bancorp","tag-hbos","tag-hsbc","tag-jp-morgan-chase","tag-lloyds-tsb","tag-merrill-lynch","tag-mitsubishi-tokyo-financial-group","tag-morgan-stanley","tag-national-australia-bank","tag-royal-bank-of-canada","tag-royal-bank-of-scotland","tag-societe-generale","tag-u-s-bancorp","tag-ubs","tag-wachovia","tag-wells-fargo","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=2591"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=2591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=2591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=2591"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=2591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}