If you (like me) are a lowly last minuter, before you hit the shops this week, make sure you check the credentials of your high-street chains… Co-op America has very helpfully created a list of the usual retail suspects, to let us know where they sit on the ethical ladder.
For instance, Amazon is a great favourite for Christmas presents. It’s quick, convenient and you needn’t even get dressed to shop. But, not only has it put many of our olde worldy friendly neighbourhood book shops out of business, but, according to Co-op America, the company has been guilty of some questionable business strategies in recent years. Eg. “Amazon fired 300 customer service representatives in Seattle when they talked of forming a union, and others were penalized for revealing negative information about the company.”
And, The Times has been reporting on some rather unsavoury business going on at Amazon lately - compulsory 7-day working weeks (with the threat of termination for any dissenters), followed by enforced trouser-dropping for a holiday photo!
The company has managed to up its score on the Human Rights Campaign Corporate Equality Index (CEI) - which rates large corporations on policies that affect their gay, lesbian, bisexual and transgender employees, consumers and investors - from 65 to 80, this year.
But, if you would prefer to spend your cash elsewhere, Co-op America suggests checking out its Bookswelike.net section, for ideas on how to buy locally sourced, and reused books where possible.
Co-op America has also named and shamed the worst Corporate “Scrooges” at large in the US this year, which makes for some pretty interesting reading. The four leading offenders are:
For Wrecking Our Economy: Charles Prince, former CEO, Citigroup.
For Putting Profits Before People and the Planet: John J. Harris, chairman and CEO, Nestle Waters.
For Fossil Foolishness: Bruce Williamson, CEO, Dynegy.
and surprise, surprise…
For Seeking a Handout From the Government While Fighting Its Regulations: Rick Wagoner, chairman and CEO, General Motors.
Here’s hoping we can all be more proud of our corporations next year, eh?