ZURICH: (BUSINESS WIRE): RepRisk, provider of dynamic business intelligence on environmental, social, and governance (ESG) risks, has released the sixth edition of its Most Controversial Companies Report (MCC 2015), which focuses on the companies that were most exposed to ESG risks in 2015.
Severe ESG risks in 2015 led to reputational, compliance and financial risks – including major falls in stock prices, substantial product recalls and record fines, and in some cases, the removal of a company’s senior executives.
RepRisk’s MCC 2015 Report spotlights ESG issues faced by globally-active companies, and was developed as part of RepRisk’s commitment to providing transparency on ESG risks and encouraging companies to systematically take into account such risks in their strategies and processes.
The data for the report is based on information screened, analyzed, and quantified by RepRisk’s proprietary research process from a wide range of publicly available stakeholder and media sources.
The companies included in the report are headquartered in countries around the world, including Brazil, China, India, Japan, the UK, and the US, and span various sectors including banking, mining, industrial transportation, food & beverage – and notably, the automotive sector, which has four companies in the ranking.
Four of the companies made the ranking due to a major scandal or disaster that took place in 2015. Three of the companies were already included on RepRisk’s MCC 2014 list, and have again earned a place in the MCC 2015 due to their systematic and ongoing risk exposure.
To read the full report click here.Press Release Source: