26-03-2009 Social Funds: IT Companies Improve CSR Performance but Still Face Challenges

Excerpt from an article on the Greener Computing website:

 

[A]ccording to a report published by oekom research, a rating agency with over ten years of experience in the field of sustainable investment and sustainability rating, the reliance on outsourcing by IT companies often expose those companies to implication by association in many often egregious labor and human rights violations. The report finds that "abysmal working conditions and inadequate environmental standards in some suppliers in South-East Asia and Mexico are tarnishing the perceived clean image of the industry."

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"Only a few companies show good performance in this area at this point," said Ruehle. He mentioned Nokia and HP as two companies that have begun to show improvement in this important area.