Vale & Barclays receive Public Eye awards for "worst cases of contempt for environment & human rights"
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Author: Saabira Chaudhuri, Guardian [UK]
Award given at the same time as the World Economic Forum strives to embarrass companies for 'corporate irresponsibility'...Brazilian mining giant Vale picked up the dubious distinction today of being the corporation with the most "contempt for the environment and human rights" in the world...A separate award was conferred on British banking company Barclays by a jury comprising members of Greenpeace and the Berne Declaration. Barclays was described as driving up food prices "at the expense of the world's poorest people." In a response posted on the website of the Business & Human Rights Resource Centre, Vale called the allegations "serious" and "unsubstantiated."...Barclays also posted an online response: "A considerable number of studies have demonstrated that financial flows have little or no impact on commodities prices. The factors influencing food prices are complex and multiple, ranging from extreme weather conditions to export bans and rising supply and demand from emerging markets". [also refers to Freeport McMoRan, Samsung, Tepco, Syngenta]
Author: compiled by Business & Human Rights Resource Centre
For the annual "Public Eye Awards", which the organisers (Greenpeace Switzerland & Berne Declaration) say are for the "worst cases of contempt for the environment and human rights", six companies were nominated in January 2012. Business & Human Rights Resource Centre invited the companies to respond...: * Barclays response - Rejoinder from World Development Movement to Barclays' response * Freeport-McMoRan response * Samsung response - Rejoinder from SHARPS to Samsung's response * Syngenta response * TEPCO declined to respond * Vale response Blog following company responses: "We Are Not That Bad, Really!", 19 Jan On 27 January 2012 it was announced that Vale had "won" the Public Eye Award 2012, and that a separate award had also been conferred on Barclays, by a jury comprising members of Greenpeace and the Berne Declaration.
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- Related in-depth areas: Public Eye nominations 2012 - Company responses & non-responses
- Related companies: Barclays Samsung Syngenta Vale