Covalence has published today its quaterly ethical reputation ranking.
Twenty multinational companies are analyzed in ten sectors: automobiles, banks, chemicals, entertainment, food&beverage, mining&metals, oil&gas, pharmaceuticals, retailers, technology hardware.
The indicators used are: the best ethical quote score, the best ethical progress and the best reported performance. The first two indicators are given by confronting the positive and negative news while the best reported performance shows “how companies report on their ethical performance without considering criticism and demands.”
In its press release, Covalence states that the criteria gaining weight within positive news were: product environmental risk, waste management, labour standards, eco innovative product. The criteria gaining weight within negative news: downsizing, waste management, labour standards and external working conditions.
The leaders across all sectors are: Toyota (best ethical quote score, best ethical progress), Wal Mart (best reported performance). Sony leads in the entertainment section while Alcoa leads in the mining&metals section.
More about the Covalence ethical ranking here:
http://www.covalence.ch/docs/CovalenceEthicalRankingQ3-2008_PressRelease_23.10.2008.doc
