Click here to search the entire website

ESG

ESG Controversies

March 2022

April 5, 2022

Tracking the ESG events surrounding companies, products or individuals associated with your brand, portfolio or supply chain can help you manage corporate and investment risk, and get ahead of the curve.

esg controversy detection feburary 2022 hero image

Yet it's often difficult to follow all the news to build a complete ESG picture, particularly when events are less reported. To help you with this, we've gathered a sample of US/UK listed equities' company-related controversies that have been widely reported, as well as those that were equally significant but received lower levels of media attention.

Events most/least covered in March 2022
among US/UK Large caps

Data: Mar 1 - Mar 31, 2022

Click the hot spots on the chart for more details

ESG Events 500 oilfield workers of Chevron went on strike this month, over an unresolved union dispute. The FDA rejected AstraZeneca's treatment for chronic asthma condition, asking for more clinical data and further trials. Separately, the company was sued by Bristol Myers for infringement of cancer treatment patents. Shell's CEO Ben van Beurden issued an apology statement after the company came under fire for buying Russian crude oil in early March, while the rest of the market was shunning the product following the invasion of Ukraine. Mining company Anglo American reported a fatality at its Moranbah North coal mine, in Queensland. Operations were halted while the company conducted safety audits and safety training sessions for its employees. Separately, the company is cutting 70 jobs at the Sirius Minerals potash mine, in Yorkshire. Rio Tinto was the target of more protests in Belgrade over its plans to open a lithium mine in Serbia. Lloyds Banking Group announced that 124 jobs were at risk, as it plans to close 60 branches in the UK to focus on online banking. Vodafone has experienced a data breach orchestrated by the infamous Lapsus$ hacker/ransomware group.

Request a trial to start tracking ESG events related to your brand or portfolio.

Read all previous ESG controversy series:

About RavenPack ESG Controversy Scoring Framework

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. Learn More

Learn more about RavenPack Edge




We will process your personal data with the purpose of managing your personal account on RavenPack and offering our services. You can exercise your rights of access, rectification, erasure, restriction of processing, data portability and objection by emailing us at privacy@ravenpack.com. For more information, you can check out our Privacy Policy.

ESG Controversy Databite series

Read More

August 10, 2022

ESG Investing: The Price of Controversy

Sustainability factors can severely impact the financial performance of companies, and investors should account for ESG risks in their portfolio construction process. We analyze the relationship between ESG controversy events detected in RavenPack Edge, and share prices of listed equities.

July 15, 2022

ESG Controversy Case Study: Boeing:The 737-MAX MCAS scandal

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.

July 5, 2022

ESG Controversy Case Study: Volkswagen

The September 2015 dieselgate scandal has cost Volkswagen AG more than $34 billion in fines and settlements. The various dimensions of this scandal were captured by our news-based ESG Controversy Scoring Framework.

June 22, 2022

ESG Controversy Case Study: BP the Gulf of Mexico Oil spill

Our news-based ESG Controversy Scoring Framework captured the different dimensions of the 2010 environmental scandal for BP, as well as other subsequent events, like an industrial fire at a BP refinery in 2012.

May 23, 2022

ESG Controversy Case Study: Activision Blizzard

Last summer, Activision Blizzard was accused of covering up allegations of workplace abuse, harassment, and discrimination, which led to employee walkouts and protests. Our ESG Controversy Scoring Framework detected it.

April 5, 2022

ESG Controversy Detection
March 2022

Tracking the ESG events surrounding companies, products or individuals associated to your brand, portfolio or supply chain can help you manage corporate and investment risk.