Geneva-based Covalence published on 20 January 2009 its annual ethical ranking covering 541 multinationals. According to information on their website “Covalence’ s ethical quotation system is a reputation index based on quantifying qualitative data, which is classified according to 45 criteria such as Labour standards, Waste management, Product social utility or Human rights policy. It is a barometer of how multinationals are perceived in the ethical field.” Out of 541 multinationals surveyed, Shell is ranked near the bottom, at 510 overall, alongside the likes of the tobacco companies and Halliburton.
Posts Tagged ‘Ethics’
In-house Lawyer: The power of straight talking
Richard Wiseman is well on his way to becoming an institution as far as in‑house lawyers are concerned. After all, very few corporate counsel have been in the job as long as the straight-talking Royal Dutch Shell lawyer.
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Lawmakers Assail Interior Over Scandal
Rep. Henry Waxman, a California Democrat who is chairman of the House Committee on Oversight and Government Reform, said his panel is investigating the role of Chevron Corp.,Royal Dutch Shell PLC, Hess Corp. and Gary-Williams Energy Corp. “in giving improper gifts to one-third of MMS officials in the Denver office.”
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US House hearing looks into gov’t oil-sex scandal
The oil companies named in the report were Chevron, Shell Oil, Hess Corp and Gary Williams Energy Corp.
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People always say the Bush administration is in bed with the oil companies, but it turns out to be literally true
Meanwhile, the rest of us were getting screwed at the gas pump.
Oil groups probed in ethics scandal
Oil groups probed in ethics scandal
By Sheila McNulty
Published: September 16 2008 03:00 | Last updated: September 16 2008 03:00
A US congressional committee is investigating the role of oil companies in an ethics scandal in the Interior Department agency responsible for collecting oil and gas royalties.
Edward J. Markey, chairman of the select committee on energy independence and global warming, said yesterday he had sent letters to the heads of oil companies named in the investigation, Shell, Chevron and Gary Williams Energy.
The questioning of the companies follows revelations last Thursday that Earl Devaney, inspector-general in the Interior Department, had found that the Minerals Management Service was riddled with ethics violations.
Sheila McNulty
Copyright The Financial Times Limited 2008
COKE, BLOWJOBS, AND FREE HOTELS: THE WORLD’S MOST AWESOME GOVERNMENT AGENCY
Also, Chevron as a whole refused to cooperate with the three years-long investigations into the cheating, cocaine-using, bid-downgrading, first-class-flying, subordinate-sexing drunken party that has been the Mineral Management Service these last few years. Even though clearly both Chevron and Shell had been providing “gifts” to the employees. This is what makes America great!
55% OF RESPONDENTS IN SURVEY OF OVER 1500 SHELL RETAILERS SAY “SHELL UK OPERATES IN AN UNETHICAL MANNER”
Affidavit supplied by an independent solicitor (Gross & Co) verifying the results of a survey of Shell UK retailers on Shell business ethics. Includes self-explanatory exhibit and associated publication of relevant survey results in Marketing Week – half page and quarter page announcements
Shell ready to quit Zimbabwe as Mugabe cronies hoard fuel
Shell was considering pulling out of Zimbabwe last night amid claims that President Robert Mugabe was reserving the distribution of fuel at petrol pumps for party supporters.
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Shell pension fund adopts ethical stance
The Dutch pension fund for oil group Shell, Stichting Shell Pensioenfonds, one of the largest corporate schemes in the Netherlands, is overhauling its ethical policies and has sold out of one company that makes landmines. The Shell fund said in documents posted on its website that it had “broadened its existing corporate governance policy to include social and environmental aspects of business management”.
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