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July 18, 2008
Report Names Most Controversial Companies
The top ten environmental and socially controversial companies for the first six months of 2008
called out.
SocialFunds.com --
ArcelorMittal, Citigroup, Chevron, China National Petroleum Corporation (CNPC), ExxonMobil, Nestlé,
Samsung, Shell, Total, and Wal-Mart were red-flagged by ECOFACT as the most controversial companies in the world. The companies
were routinely in the news and criticized by non-governmental organizations in the first half of
this year.
The Reputational Risk Index (RRI) by
ECOFACT's RepRisk tool ranks companies on
negative press and criticism from NGOs on labor, environmental and corruption issues. The top
social and environmental issues these ten companies were criticized for during the previous six
months were human rights abuses and corporate complicity and negative impact on communities and
ecosystems.
The RRI is designed to help investors gauge a company’s relationship to
controversial issues and the risks associated with them.
©
SRI World Group, Inc. All Rights Reserved.
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