{"id":5530,"date":"2011-03-15T16:24:22","date_gmt":"2011-03-15T15:24:22","guid":{"rendered":"http:\/\/www.ethicalquote.com\/?p=5530"},"modified":"2011-03-15T16:26:30","modified_gmt":"2011-03-15T15:26:30","slug":"ftse4good","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2011\/03\/15\/ftse4good\/","title":{"rendered":"FTSE4Good deletes software giant Oracle over human and labour rights"},"content":{"rendered":"<p><a href=\"http:\/\/www.responsible-investor.com\/home\/article\/ftse4good_deletes_oracle\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5533\" title=\"110315_nestle\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2011\/03\/110315_nestle.jpg\" alt=\"\" width=\"200\" height=\"130\" \/><\/a>US software giant Oracle Corp. is to be deleted from the FTSE4Good  index series, index firm FTSE\u2019s corporate responsibility standards  suite, over human and labour rights. Oracle is one of seven companies that will be deleted as of March 18 as part of the latest semi-annual review. The others are Home Depot (environmental management and human and labour  rights), National Semiconductor (human\/labour rights), Kurita Water  Industries (bribery), Shin-Etsu Chemical (bribery), UMECO (bribery) and Morgan Crucible (weapons systems). They failed to meet tougher requirements in time for the review. Last September Responsible Investor reported that Oracle was resisting a  proposal by socially responsible investing firm Harrington Investments  that it set up a board committee on sustainability. The deletions come as South Korea and Israel have been added to the  FTSE4Good Global universe, bringing it in line with FTSE\u2019s decision to  raise South Korea and Israel to developed market status. As a result, 11 South Korean and eight Israeli companies have been  identified as meeting the inclusion criteria and will be entering the  index series at this review.  FTSE\u2019s research partner EIRIS has partnerships with local researchers Greeneye (Israel) and KOCSR (South Korea). In total 73 companies will be added to the index series, with 54 new  entrants to the index being added because they now meet the criteria. In another development reflecting the evolution of sustainability  indices, companies involved in nuclear power generation are no longer  excluded. Instead they will be evaluated against \u201cdetailed industry-specific  criteria\u201d. As a result, Enel will now be included, following Iberdrola  last year. \u201cIt is expected that this will lead to improved standards  across the industry as other nuclear power companies will also work to  improve practices to gain index inclusion,\u201d FTSE said. <a href=\"http:\/\/www.responsible-investor.com\/home\/article\/ftse4good_deletes_oracle\/\" target=\"_blank\">More&#8230;<\/a><\/p>\n<p>News selected by Covalence | Country: Global | Company: Oracle Corp, Home Depot, National Semiconductor , Kurita Water Industries, Shin-Etsu Chemical, UMECO, Morgan Crucible | Source: <a href=\"http:\/\/www.responsible-investor.com\/home\/article\/ftse4good_deletes_oracle\/\" target=\"_blank\">Responsible Investor<br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US software giant Oracle Corp. is to be deleted from the FTSE4Good index series, index firm FTSE\u2019s corporate responsibility standards suite, over human and labour rights. Oracle is one of seven companies that will be deleted as of March 18 as part of the latest semi-annual review. The others are Home Depot (environmental management and&hellip;<\/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":[1],"tags":[115,303],"post_series":[],"class_list":["post-5530","post","type-post","status-publish","format-standard","hentry","category-news","tag-home-depot","tag-oracle","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/5530","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=5530"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/5530\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=5530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=5530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=5530"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=5530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}