July 15, 2022
Two Boeing 737-MAX aircraft crashed in 2018 and 2019. Investigations revealed that the fatalities were caused by the Boeing-developed MCAS and a lack of pilot training. Our news-based ESG Controversy Scoring Framework captured the different dimensions of this scandal
Two Boeing 737-MAX aircraft crashed on October 29, 2018, and March 10, 2019, killing a total of 346 people.
Investigations found that the accidents were caused by the Maneuvering Characteristics Augmentation System (MCAS) developed by Boeing and that the company did not adequately train pilots to operate the new flight stabilization system.
Our news-based ESG Controversy Scoring Framework captured the different dimensions of this scandal, as follows:
It's often difficult to follow all the news to build a complete ESG picture, particularly when events are less reported. Benefits from local and global newswire coverage, RavenPack’s ESG controversy framework gives investors the opportunity to identify companies involved in controversial events reported in local news outlets before the information reaches the mainstream media. Furthermore, RavenPack’s decades-long news archive and global coverage provides investors with the ability to derive insights from a unique source of sustainability signals.
Check out other ESG controversy case studies that have been widely reported, to understand how the RavenPack ESG Scoring Framework works, or request a trial to explore how it could help you stay on top of ESG controversies impacting your brands or portfolios.
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RavenPack’s ESG Controversy Scoring Framework
is based on real-time detections of events across 40,000+ news sources in 13 different languages.
It follows an event-based approach that can help assess the extent of a firm’s ESG controversy exposure through time by monitoring real-time news coverage.