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Investment Week (February 7)

2022/ 02/ 09 by jd in Global News

“New analysis of climate pledges by 25 of the world’s largest companies has revealed that the majority cannot be taken ‘at face value’ and ‘exaggerate their actions’, with many only committing to reduce their emissions by 40% on average, not the 100% they claim.” The Corporate Climate Responsibility Monitor found that of the 25 companies, only Maersk’s net-zero pledge has “reasonable integrity.”

 

Bloomberg (October 10)

2017/ 10/ 11 by jd in Global News

“Kobe Steel Ltd. unleashed an industrial scandal that reverberated across Asia’s second-largest economy after saying it falsified data related to strength and durability of some aluminum and copper products used in aircraft, cars and maybe even a space rocket.” Following on the heels of the Takata scandal and Nissan Motor’s unauthorized vehicle inspections, “Kobe Steel’s admission raises fresh concern about the integrity of Japanese manufacturers.”

 

LA Times (May 10)

2017/ 05/ 12 by jd in Global News

“The shocking dismissal of FBI Director James B. Comey by a president whose campaign he was investigating can’t be undone. The immediate priority is to safeguard the integrity of that investigation and its credibility in the eyes of the public and to preserve the evidence that has been amassed.”

 

Businessweek (April 23, 2013)

2013/ 04/ 24 by jd in Global News

Credit ratings agency Standard & Poor’s (S&P) is trying to dismiss a fraud suit being filed by the U.S. Department of Justice. Both “outrageous” and “even insulting,” S&P’s defense asserts “S&P cannot be held liable for its prolific claims of integrity and analytic skill because those boasts were the sort of baloney that investors and the wider public never take seriously in the first place… In other words: Only a sap would believe the nice things we say about our work.”

 

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