Wednesday, 08 February 2012 16:23

Awards Shine Spotlight on Corporate Irresponsibility

More than 88,000 people voted in the 8th annual Public Eye Awards, naming Brazilian mining giant Vale the corporation with the most “contempt for the environment and human rights” in the world.

The Public Eye Awards highlight the social and economic consequences of the behavior of large corporations, and are held in response to the closed-door annual meeting of the World Economic Forum in Davos.

Vale, the world's second largest mining firm, gained 25,000 online votes to win the top award at the annual ceremony organized by Swiss nonprofit the Berne Declaration and Greenpeace Switzerland.

The awards website notes that Vale is constructing the Belo Monte dam in the middle of an Amazonian rainforest, "with devastating consequences for the region's unique biodiversity and indigenous tribes."

Other companies recognized for their corporate irresponsibility include British banking company Barclays, described as driving up food prices "at the expense of the world's poorest people," Samsung, whose factory workers are suffering from cancer and disease due to chemical exposure, and TEPCO, the Japanese power company under international scrutiny for the dangerous conditions in their nuclear power plants following the earthquake last year.

The Public Eye Awards’ website states that “our renowned naming & shaming awards shine an international spotlight on corporate scandals, and thereby help focused NGO campaigns succeed.”

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