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Adidas, Nestlé Among Companies With Top Marks for Reporting on Child Labour, Climate or Water Risks

Author: Norges Bank Investment Management, Published on: 26 March 2012

9 companies...received top marks for reporting on social or environmental risks in 2011. More than a third of the companies in the annual evaluation by Norges Bank Investment Management (NBIM)...scored zero. “Failure to manage social and environmental risks may over time hurt company profits and the fund’s investments,” says Anne Kvam, NBIM’s global head of ownership policy “We’ve identified three areas of particular concern that companies need to address – children’s rights, climate change and water scarcity…[T]he overall level of reporting is still far too low.” [refers to Walt Disney, PVH, Intel, H&M, Motorola Mobility, Gildan Activewear, Xstrata, Ericsson, Anglo American, Gap, Next, Bayer, BHP Billiton, Air France-KLM, Air Products & Chemicals, BASF, Constellation Energy Group, E.ON, Hera, Iberdrola, Lafarge, Linde, Xcel Energy, Anheuser-Busch InBev, Danone, GlaxoSmithKline, Kellogg, Kirin Holdings, Merck & Co, Molson Coors Brewing, PepsiCo, Pfizer, PG&E, SABMiller & Sanofi]

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Related companies: Air France KLM Air Products Anglo American Anheuser-Busch InBev BASF Bayer BHP (formerly BHP Billiton) Constellation Energy Danone E.ON Ericsson GlaxoSmithKline Iberdrola Intel Kellogg Lafarge (part of LafargeHolcim) Linde Group Merck Molson Coors Motorola Mobility (part of Lenovo) Norges Bank Investment Management (NBIM) Pacific Gas & Electric (PG&E) PepsiCo Pfizer SABMiller (part of Anheuser-Busch InBev) Sanofi Walt Disney Xcel Energy Xstrata (part of Glencore)