Greenwash & Public Relations
Protestors have rallied this week outside annual meetings of Barclays bank in London, Citibank in Dallas, Credit Suisse in Zurich and Wells Fargo in San Francisco. A surprising number of shareholders have rallied to their side to vote down excessive executive compensation, in an unexpected victory for the Occupy movement.
The Award goes to the Nuclear Energy Institute for audaciously using a scooter riding teenage girl to claim that a polluting, highly dangerous, economically disastrous 20th century technology is our energy future.
In a January 29 letter the Alliance for a Corporate-Free UN documented several human rights violations and environmental abuses by companies signed on to the UN's Global Compact. Corporations that join the compact are supposed to voluntarily adhere to a series of human right and environmental principles. Instead of addressing the charges of rights violations, UN officials accused CorpWatch and the Alliance of being ''misinformed.'' In the correspondence, CorpWatch disputes the Global Compact Office's assertions point by point.
Fishing communities in the Caribbean island of Trinidad are protesting a $US1.5 billion aluminum smelter that will process raw material from Brazil, Jamaica and Surinam. Cedros Peninsula United, a local organization, says that the factory uses technology that has had serious environmental impacts in countries from China to Iceland and the U.S.
Here is an index of correspondence from March to August 1999 between international human rights, environment and development organizations and the Unitd Nations Development Programme's Administrator.
An energy company plants trees and donates electric cars to advertise its environmental commitment while polluting the air with coal-fired power plants for three-quarters of its energy. Hypocrisy? No, business as usual for many corporations, according to Earthsummit.biz, the latest from Food First Books and CorpWatch, published to coincide with the World Summit on Sustainable Development in Johannesburg.
In the second year of UN Secretary General, Kofi Annan's policy of UN engagement with the private sector, the Group of 77 Friday called for appropriate rules to guide such an engagement.
To the Mapuche Indians in southern Argentina, the Italian clothing manufacturer Benetton is the newest conquistador in 10,000 years of land struggles in Patagonia. Listen online here via FSRN!
The Ford Motor Company's commercial-free sponsorship of NBC's airing of "Schindler's List," the epic movie about the Holocaust, was a class act. Nevertheless, it would be remiss of us here at CorpWatch, not to point out Ford's contribution to Nazi war efforts.