Economy
Gazprom and Fifa lead the way for Public Eye award on wrongdoings
With one week to go before voting closes, energy firm Gazprom, football’s governing body Fifa and a trio of pesticide firms are among the frontrunners for the worst corporate social responsibility record at the Public Eye Awards 2013.
The award, organised by the Berne Declaration and Greenpeace, calls on people to vote for corporations with poor environmental or human rights records.
Shortlisted companies inlude Eskom, Fifa, Gap, Gazprom, Glencore Xstrata, HSBC, Marine Harvest and a consortium of pesticide firms including Syngenta, Bayer and BASF.
As it stands, Russian energy giant Gazprom is dominating with 61,256 votes, followed by Fifa (40,060 votes), the three “bee-killer” chemical firms (35,217 votes) and fashion firm Gap (26,704 votes).
While Gazprom is accused for its drilling for fossil fuels in the Arctic, Fifa is criticised for the organisation of the 2014 World Cup in Brazil, for which many families have been evicted during the construction stage.
“Fifa’s World Cup contributes to the violation of several human rights, such as the right to adequate housing, the right to free movement, the right to work and the right to protest”, organisers say.
“Fifa has no intentions of allowing small and family businesses to benefit from the emerging opportunities during the cup.”
Syngenta, BASF and Bayer have long denied that their pesticides are harmful to bees and have turned to “misleading advertisement, greenwashing, aggressive lobbying and pressuring of political institutions”.
Meanwhile Gap is being criticised because it refused to sign the Accord on Fire and Building Safety in Bangladesh, after a garment factory collapsed last April.
According to campaigners, Gap is also “undermining serious reform by promoting a non-binding corporate-controlled programme that’s completely unaccountable to workers”.
The winner will be announced on January 23, in the same week as the annual meeting of the World Economic Forum.
Further reading:
Vale and Barclays named and shamed at ‘anti-Davos’ awards
Shell and Goldman Sachs handed undesirable awards for social and ecological wrongdoing
Investors increasingly aware of sustainability in emerging markets
From ethics to sustainability: shifting the investment debate for 2014
Companies with positive sustainability records valued higher by investors
- Business10 months ago
How to Become an Environmentally Conscious Entrepreneur in 2024
- Features4 months ago
3 Ways an Outdoor Kitchen Can Make Your Home Eco-Friendly
- Features11 months ago
What Eco-Friendly Investors Should Know About Trading Silver
- Invest11 months ago
Should Eco-Friendly Investors Support Biotechnology Companies?