• Corporate responsibility is now rated by independent rating agencies.
• The standards on which responsibility is rated are, in the first place,
international norms and conventions, like the UN Global Compact,
the OECD Guidelines and the basic norms of the ILO.
• Most ratings are made according to a catalogue
of criteria encompassing the following areas:
– Ecological compatibility with the
environment.
– Social compatibility especially for the
workers.
– Cultural compatibility with society as a
whole.
• The data required for such rating is supplied by the corporation itself
and is gathered by independent experts (scientists, public offices, international
non-governmental organizations). Stakeholders other than investors are involved to
assure neutral and comprehensive evaluation.
