Nestlé was among the most praised companies last week as it is supporting a new strategy organized by the World Cocoa Foundation to promote sustainability in the cocoa supply chain in Côte d’Ivoire and Ghana; the plan, named ‘CocoaAction’, will…
A fresh writedown for UBS. An ethical writedown, that is. The below chart compiled by Covalance - an ethical research outfit. As you’ll notice, UBS - generally a poorly behaved child - has been very naughty since mid-April. (...) HSBC,…
Interactions of banks with governments are increasingly criticized in terms of ethics; meanwhile, environmental initiatives and philanthropic donations are the industry’s main positive news cows, states a report published today by Geneva-based ethical reputation research firm Covalence — Covalence Banking…
