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TIME reveals its inaugural top 100 most influential companies

TIME Magazine, 27 April 2021

TIME has, for the first time, has revealed a list of the top 100 most influential companies in the world, which includes Apple, Twitter and Pfizer. The list coincides with the launch of TIME Business, a new TIME editorial initiative focused on the global impact of business and the ways it intersects with our public and personal lives. Companies...

2021 Global RepTrak 100 revealed

RepTrak, 12 April 2021

RepTrak has released its Global 100 list for 2021, ranking the top 100 most reputable companies to celebrate global reputation leaders. The Global RepTrak 100 showcases how people feel, think, and act towards companies globally. This year, Lego topped the list, with Rolex and Ferrari coming in at…

Chairman & CEO letter to shareholders

Jamie Dimon, JP Morgan Chase & Co, 07 April 2021

JP Morgan Chase’s CEO and chairman, Jamie Dimon, released a letter to shareholders this week in parallel to the company’s annual report being published. He writes that in a year that challenged everyone around the world, “if you look deeper, you will find that our success and accomplishments are founded on our commitment to our shareholders....

‘Silence not an option’: ANZ refuses to sign letter condemning Myanmar violence

Charlotte Grieve, The Sydney Morning Herald, 05 April 2021

ANZ has declined to sign a letter condemning the violence in Myanmar, despite calls from local and international activist organisations for global companies to publicly align themselves with pro-democracy protesters. The Myanmar Centre for Responsible Business launched a letter almost three weeks after the coup, signed by...

Rio Tinto executives say goodbye to 2020 with chunky payouts

Reuters, 22 February 2021

It has been revealed three executives responsible for leading a review into Rio Tinto's Juukan Gorge disaster received enormous payouts. Former CEO, Jean-Sebastien Jacques received a 20 per cent pay increase, even though he, and other executives, were forced to leave the company after...

BlackRock warns heavy polluters over emissions data before shareholder meetings

Simon Jessop, Reuters, 17 February 2021

Carbon-emitting companies must disclose the full scope of their greenhouse gas emissions or risk confrontation with investors at their annual shareholder meetings, BlackRock - the world's biggest asset manager - said on Wednesday. The warning is the first time BlackRock has publicly sought the release of Scope 3 emissions data, part of its plan...

Rio Tinto’s decision to blow up Indigenous rock shelters ‘inexcusable’

Calla Wahlquist & Lorena Allam, The Guardian, 09 December 2020

Rio Tinto should pay compensation for Juukan Gorge caves blast, a parliamentary inquiry has recommended. The Western Australian government has also been called on to put a stop to the destruction of heritage sites until new laws are passed, in a scathing report criticising the actions of Rio Tinto. The bipartisan report said Rio Tinto’s...

McKinsey proposed paying pharmacy companies rebates for OxyContin overdoses

Walt Bogdanich & Michael Forsythe, The New York Times, 01 December 2020

Documents released in a federal bankruptcy court in New York have shown that McKinsey & Company was involved in driving sales of the addictive painkiller OxyContin, even as public outrage grew over widespread overdoses. The 160 pages released include emails and slides revealing new details about McKinsey's advice to Purdue Pharma's billionaire...

Three ways to fight corruption and restore trust in leadership

Borge Brende, World Economic Forum, 01 December 2020

As paths out of the COVID-19 crisis are identified and we prepare for new environments, we must also focus on long-standing challenges affecting this recovery, such as the fight against corruption, and the need for greater trust and integrity in institutions. There is a unique window of opportunity to put good governance, transparency and ...

Rio Tinto exec admits ‘overly transactional’ approach in Indigenous dealings 

Anthony Barich, S&P Global, 25 November 2020

Former Rio Tinto veteran executive, Stephen McIntosh has suggested the iron ore giant may have been "overly transactional" in its Indigenous relations which led to the Juukan Gorge tragedy. Mr McIntosh made the admission while speaking at the Australian-hosted online ...