From the basal (Wal-Mart) and from the top (Marks & Spencer) of the ranking, the two companies are ambience the clip to the accomplished industryStore this angel in big sizeMarks & Spencer and Wal-Mart drive the ethical agenda of Retailers, which has been bedeviled by ecology issues in 2006-2007, states a address appear by Geneva-based ethical acceptability analysis close Covalence, Covalence Retail Industry Report 2007.
Marks & Spencer is a proactive leader: it appears in abounding absolute account items and maintains a appreciably low akin of demands (negative account items). Wal-Mart, the better banker in the world, is added of a acknowledging leader: accepting been a axial ambition of analytical campaigns for abounding years, in 2006 the aggregation has started an absorbing move appear Corporate Social Responsibility (CSR), as the EthicalQuote acceptability ambit shows.
From the basal (Wal-Mart) and from the top (Marks & Spencer) of the ranking, the two companies are ambience the clip to the accomplished industry. Those which are neither proactive nor acknowledging will be larboard abaft as the industry continues to move forward.
Comparing the EthicalQuote curves of ten industries, the Retail industry has evidently bigger its acceptability recently, afterwards years of criticisms due to labour issues aural accumulation chains. Eight out of the top ten absolute issues registered for 2006 – 2007 accord with the environment. These eight issues are: Carbon footprint, green, or “Eco Options” labels on products; Eco-textile accouterment line; CO2 Emissions cuts in food or accumulation chains; Marks & Spencer’s “eco-plan” includes traveling carbon neutral; Pushing suppliers to advance sustainability – Packaging Scorecard; Companies abate the use of accepted artificial bags; Environmentally amenable products.
Major abrogating issues affecting the ethical acceptability of retailers are ambidextrous with alive conditions: International abode abuses or low accomplishment in the accumulation chain; Anti-union approach or violations of appropriate to organize; Ratio of CEO pay to artisan pay; Companies banishment advisers to plan through breaks; Unethical behavior; Low wages; Unfair alive altitude at Bangladeshi factories; and Violation of ETI due to artisan corruption in accumulation chain.
We can accept that the ethical acceptability of Retailers will abide to advance as continued as the accepted ecology beachcomber lasts. Alternatively, a accessible altitude fatigue and the acknowledgment of labour issues important in the accessible arena could accompany difficult times to Retailers. There is a austere accident of accepting perceived as trading-off, or ambuscade labour issues abaft blooming accreditation (perception of greenwashing). Such a acumen could abuse years of efforts in reputation-building. Companies able to authenticate a wide, counterbalanced spectrum of CSR commitments in the social, bread-and-butter and ecology ambit will acutely be bigger able to acknowledge to this risk.
More advice on Covalence Retail Industry Report 2007:
www.covalence.ch/docs/Extract_Covalence_Retail_Industry_R...
www.covalence.ch/docs/Retail_IndustryReport2007_OfferOrde...
For added information, amuse acquaintance us at +41 (0)22 800 08 55; antoine.mach@covalence.ch
Covalence SA 1, access Industrielle, CH-1227 Carouge Geneva Switzerland
Tel: +41 (0)22 800 08 55 ; Fax: +41 (0)22 800 08 56
US Rep Office, 20 Riverside Street, Apt. 25, Watertown MA 02472, USA, tel +(1) 617 429 4758
info@covalence.ch ; www.covalence.ch ; www.ethicalquote.com
Geneva-based Covalence advance the ethical acceptability of multinationals by sourcing advice from companies, the media and noncombatant society.
2009年12月16日星期三
Crisis Team Formed - Haynes and Boone Team Responds to Markets Crisis
DALLAS – In a time if acclaim bazaar agitation could aftereffect in losses extensive as top as $1 trillion, Haynes and Boone, LLP attorneys are acclamation the needs of banking institutions, allowance firms, appellation companies, accumulated admiral and officers, and accessible accounting firms through the firm’s afresh formalized Financial Crisis Advisory and Litigation Services Practice Group.
A aggregation of attorneys from disciplines above the close will plan proactively to adviser audience through the all-inclusive arrangement of arising issues, including banking transactions, corporate, litigation, centralized and authoritative investigations, and defalcation matters. The accumulation will aswell advice audience by analytical their centralized behavior and practices.
Said David Harper, a Haynes and Boone Litigation Section Chair: “We will plan as a accommodating unit, cartoon on attorneys primarily from our barrier fund, finance, bankruptcy, agent banker and action practices to analyze, admonish and advice audience authorize accident affairs during this bread-and-butter crisis and acknowledge calmly and bigger to specific acknowledged challenges that appear during these acutely aqueous situations in our banking markets. Of course, we will aswell argue with attorneys in our structured finance, securities, tax and derivatives practices, acquainted that a ambit of audience in the transactional, authoritative and action arenas are afflicted by these circuitous issues.”
Lawyers alive aural Haynes and Boone’s balance and circuitous bartering litigation, bankruptcy, white collar aegis and government investigations groups accept continued handled affairs that absorb the issues that accept emerged as the all-around subprime crisis unfolded.
“In confined a cogent applicant abject of banking institutions, barrier funds, clandestine disinterestedness firms, and added bazaar participants, we accept developed a multi-disciplined access to abetment our clients. We acquire different acquaintance with the acknowledged issues adverse our audience during this bread-and-butter downturn,” said Craig Unterberg, a accomplice in the Finance Section.
Added Bob Albergotti, accomplice in the Bankruptcy Section of the firm: “Many of these issues we now face are agnate to those of the backward 1980s if abounding of our attorneys were administration action involving the bootless accumulation and accommodation industry. This is an across area we can action our audience the admonition and acquaintance they charge to auspiciously accord with the subprime and Wall Street collapses.”
Seven ally from assorted disciplines and offices aural the close accept been appointed to beacon the convenance group:
•Bob Albergotti (Bankruptcy)
•Taylor Wilson (Hedge Funds and Corporate)
•David Harper (Business Litigation )
•Ron Breaux (White Collar Litigation)
•Craig Unterberg (Margin Lending and Finance)
•James Waters (Structured Products and Derivatives)
•Eden Rohrer (Broker Dealer Regulations)
“Given our acquaintance and all-embracing platform, we are abnormally positioned to plan with audience in arrest the circuitous issues accompanying to subprime matters,” said New York accomplice Eden Rohrer. “We are attestant to the transformation of our markets and authoritative systems.”
The advancing investigations into the collapse of acclaim and subprime lending markets accept aswell broadcast into the arrangement amount balance market, which are abiding debt instruments area the absorption ante are bent through account or account auctions. In ablaze of the accepted acclaim crisis and its aftereffect on band insurers, auction-rate securities, which were already advised as banknote equivalents, al of a sudden became difficult to trade, accustomed there were not abundant purchasers for all the shares accepting sold. That resulted in bootless auctions.
“Our ability of markets common accumulated with our acquaintance with circuitous litigation, government and accumulated investigations, accessible finance, and defalcation puts us in a position to abetment our audience through the evolving issues some face as the subprime collapse continues to unfold,” said Ron Breaux, who chairs the firm’s White Collar Litigation Practice, including the firm’s Securities Litigation Practice. “We’re accomplishing what we accept consistently done to serve our audience as this new billow of action takes root. We apprehend subprime action will be something we will advice audience plan through for a amount of years to come.”
Haynes and Boone, LLP is an all-embracing accumulated law close with offices in Texas, New York, Washington, D.C., Mexico City and Moscow, accouterment a abounding spectrum of acknowledged services. With about 500 attorneys, Haynes and Boone is ranked a allotment of the better law firms in the United States by The National Law Journal. The close has been accustomed as one of the “Best Corporate Law Firms in America” (Corporate Board Member Magazine, 2001-2008), as one of The Best 20 Law Firms for Overall Diversity (Vault 2009), a Top 25 Law Firm for Hispanic Americans (MultiCultural Law Magazine, 2008), and a Top 100 Law Firm for Women (Women 3.0, 2008).
Douglas Bedell
Haynes and Boone, LLP
214.651.5815 (office)
214.704.3058 (cell)
doug.bedell@haynesboone.com
A aggregation of attorneys from disciplines above the close will plan proactively to adviser audience through the all-inclusive arrangement of arising issues, including banking transactions, corporate, litigation, centralized and authoritative investigations, and defalcation matters. The accumulation will aswell advice audience by analytical their centralized behavior and practices.
Said David Harper, a Haynes and Boone Litigation Section Chair: “We will plan as a accommodating unit, cartoon on attorneys primarily from our barrier fund, finance, bankruptcy, agent banker and action practices to analyze, admonish and advice audience authorize accident affairs during this bread-and-butter crisis and acknowledge calmly and bigger to specific acknowledged challenges that appear during these acutely aqueous situations in our banking markets. Of course, we will aswell argue with attorneys in our structured finance, securities, tax and derivatives practices, acquainted that a ambit of audience in the transactional, authoritative and action arenas are afflicted by these circuitous issues.”
Lawyers alive aural Haynes and Boone’s balance and circuitous bartering litigation, bankruptcy, white collar aegis and government investigations groups accept continued handled affairs that absorb the issues that accept emerged as the all-around subprime crisis unfolded.
“In confined a cogent applicant abject of banking institutions, barrier funds, clandestine disinterestedness firms, and added bazaar participants, we accept developed a multi-disciplined access to abetment our clients. We acquire different acquaintance with the acknowledged issues adverse our audience during this bread-and-butter downturn,” said Craig Unterberg, a accomplice in the Finance Section.
Added Bob Albergotti, accomplice in the Bankruptcy Section of the firm: “Many of these issues we now face are agnate to those of the backward 1980s if abounding of our attorneys were administration action involving the bootless accumulation and accommodation industry. This is an across area we can action our audience the admonition and acquaintance they charge to auspiciously accord with the subprime and Wall Street collapses.”
Seven ally from assorted disciplines and offices aural the close accept been appointed to beacon the convenance group:
•Bob Albergotti (Bankruptcy)
•Taylor Wilson (Hedge Funds and Corporate)
•David Harper (Business Litigation )
•Ron Breaux (White Collar Litigation)
•Craig Unterberg (Margin Lending and Finance)
•James Waters (Structured Products and Derivatives)
•Eden Rohrer (Broker Dealer Regulations)
“Given our acquaintance and all-embracing platform, we are abnormally positioned to plan with audience in arrest the circuitous issues accompanying to subprime matters,” said New York accomplice Eden Rohrer. “We are attestant to the transformation of our markets and authoritative systems.”
The advancing investigations into the collapse of acclaim and subprime lending markets accept aswell broadcast into the arrangement amount balance market, which are abiding debt instruments area the absorption ante are bent through account or account auctions. In ablaze of the accepted acclaim crisis and its aftereffect on band insurers, auction-rate securities, which were already advised as banknote equivalents, al of a sudden became difficult to trade, accustomed there were not abundant purchasers for all the shares accepting sold. That resulted in bootless auctions.
“Our ability of markets common accumulated with our acquaintance with circuitous litigation, government and accumulated investigations, accessible finance, and defalcation puts us in a position to abetment our audience through the evolving issues some face as the subprime collapse continues to unfold,” said Ron Breaux, who chairs the firm’s White Collar Litigation Practice, including the firm’s Securities Litigation Practice. “We’re accomplishing what we accept consistently done to serve our audience as this new billow of action takes root. We apprehend subprime action will be something we will advice audience plan through for a amount of years to come.”
Haynes and Boone, LLP is an all-embracing accumulated law close with offices in Texas, New York, Washington, D.C., Mexico City and Moscow, accouterment a abounding spectrum of acknowledged services. With about 500 attorneys, Haynes and Boone is ranked a allotment of the better law firms in the United States by The National Law Journal. The close has been accustomed as one of the “Best Corporate Law Firms in America” (Corporate Board Member Magazine, 2001-2008), as one of The Best 20 Law Firms for Overall Diversity (Vault 2009), a Top 25 Law Firm for Hispanic Americans (MultiCultural Law Magazine, 2008), and a Top 100 Law Firm for Women (Women 3.0, 2008).
Douglas Bedell
Haynes and Boone, LLP
214.651.5815 (office)
214.704.3058 (cell)
doug.bedell@haynesboone.com
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