Saturday 22 June 2019

Facebook removed from S&P list of ethical companies after data scandals

Facebook removed from S&P list of ethical companies after data scandals

Poor governance and privacy concerns have knocked Facebook out of an influential ethics index that tracks socially responsible companies. Standard & Poor's Environmental, Social, and Governance (ESG) Index said that it had booted Facebook after the company scored poorly for social responsibility and governance, achieving 22 and 6, respectively, out of 100.
Read more: https://www.telegraph.co.uk/technology/2019/06/13/facebook-gets-boot-sp-500-ethical-index/?source=Snapzu

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