Nike Greenwash Decision a Double-Edged Sword

Source: SocialFunds.Com, 5 November 2002

While some cheer the California Supreme Court ruling against Nike as a victory for truth in advertising, others consider it a potential defeat for CSR reporting and increased corporate transparency. In the May 2002 decision of the Kasky v. Nike >>> read more

IRRC Finds Little Change in Potential Auditor Conflicts

Source: IRRC, 22 October 2002

Investor Responsibility Research Center (IRRC) has released its second annual report on the fees public companies pay to their auditors. Audit versus Non-Audit Fees: What U.S. and U.K. Companies Pay Their Auditors indicates that increasing audit failures and corporate scandals >>> read more

Fimalac launches CoreRatings

Source: CoreRatings, 21 October 2002

Fimalac launches CoreRatings Fimalac, owner of Fitch Ratings, enters the corporate responsibility sector with the launch of CoreRatings, a global ratings agency. Corporate governance, environmental & product liabilities and social responsibility have all become key issues for companies and investors. >>> read more