Download report - RepRisk
Download report - RepRisk
Download report - RepRisk
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
BP Plc, Rank 1 [8]<br />
A large majority of shareholders from BP PLC have voted against the 2008 pay packages put forward at<br />
the annual meeting, claiming they are excessive. WWF criticized BP, Exxon and Rosneft for refusing to<br />
join an advisory panel formed by the International Union for the Conservation of Nature in response to<br />
the potential impacts of oil and gas development on Gray Whale populations in Russian waters. BP came<br />
under fire as it proposed to expand its Whiting Refinery in Michigan, which has been releasing<br />
dangerous levels of cancer-causing benzene for the past six years. The US Environmental Protection<br />
Agency (EPA) has cited BP America for breaches of the Clean Air Act at the Whiting refinery.<br />
Top three issues:<br />
1. Impact on Ecosystems/Landscapes<br />
2. Local Pollution<br />
3. Impacts on Communities<br />
Exxon Mobil, Rank 2 [12]<br />
Exxon Mobil Corp was sued over charges that it has allegedly let millions of liters of crude oil seep into<br />
the earth below Brooklyn, New York, since 1947 and did not do enough to mitigate the situation. A<br />
separate lawsuit filed by the Louisiana Environmental Action Network (LEAN) alleges that over the past<br />
12 months Exxon Mobil's Baton Rouge chemical plant has, on at least 66 occasions, released pollution in<br />
excess of its air permit. In another incident, a US District Court Judge has ordered Exxon Mobil Pipeline, a<br />
subsidiary of Exxon Mobil, to pay USD 6.1 million in fines for violating the Clean Water Act in relation to<br />
an incident at its Everett, Massachusetts oil terminal. Fifteen thousand gallons of low-sulfur diesel and<br />
kerosene spilled into the Mystic and Island End rivers. ExxonMobil has also come under fire for exploiting<br />
Canadian tar sands using a highly polluting and carbon intensive process, which destroys boreal forests<br />
and accelerates climate change. It has been named the worst oil company on Green America’s<br />
Responsible Shopper Website.<br />
Top three issues:<br />
1. Impacts on Ecosystems/Landscapes<br />
2. Local Pollution<br />
3. Impacts on Communities<br />
© ECOFACT AG 2009, all rights reserved <strong>RepRisk</strong>® is a registered trademark of ECOFACT AG Page 3 of 9