2007-02-21 09:06:37 –
MADRID, Spain, February 21 /PRNewswire/ —
– Total, Petrobras Big Winners; BP Drops After Baker Report
For the fourth consecutive year, Shell is the world’s best oil company in sustainability, social responsibility (CSR), corporate governance, ethics and transparency, according to the 4th annual oil/gas ranking by the sustainability research and rating firm Management & Excellence (M&E), Madrid.
The annual M&E ranking measures oil/gas companies’ compliance with 386 relevant international standards such as those of SEC, Sarbanes-Oxley, national laws, Dow Jones Sustainability Index, OECD, industry benchmarks, GRI, ILO, ISO, IUCN, reserves accounting, Global Compact, Millennium Goals, and others.
Most Sustainable Oil Companies 2007 (compliance scores)
1. Shell 90.16%
2. Petrobras 89.64%
3. Total 86.01%
4. BP 81.35%
5. Repsol 74.35%
6. ENI 71.24%
7. ConocoPhilips 67.36%
8. OMV 65.54%
9. Pemex 56.99%
10. Lukoil 51.55%
As new pipelines (e.g. Brazil-Bolivia of Petrobras) and higher volumes need to be refined and transported, companies are increasing social investments (e.g. Shell up over 20% annually) as one way of producing goodwill and thus hedging increased risks in the case of incidents. Employee training and HSE standards drove accidents and fatalities down. Corruption dropped at Shell, for example, which fired numerous employees over a bribery affair in Nigeria.
Total improves most over 2006 (+10%), followed by ENI and Petrobras while Shell only inches up (+1.15%). Shell operates in 76 countries, making it harder to broadly improve. Companies such as Petrobras, with refining operations in few countries, can concentrate their community and sustainability efforts and thus excel more easily. BP falls to 4th place mainly due to its Texas City refinery accident and the Baker Report.
Most Sustainable Oil SERVICE Companies 2007 1. Schlumberger 71.39% 2. Halliburton 65.24% 3. Baker Hughes 44.92%
As oil/gas companies have upped ethical standards for suppliers, the 2007 M&E study includes an assessment of the leading oil/gas service companies Schlumberger, Halliburton and Baker Hughes. All excel at corporate governance and financials, but only the top two, Schlumberger and Halliburton, perform in human resources, sustainability initiatives and community programs. Service companies generally underperform the oil/gas companies themselves, but their business is less risky, not owning land, refineries and transportation systems. This reduces their need for the same dimension of sustainability programs.
The M&E study is marketed together with the Oil&Gas Journal Online Research Center: www.management-rating.com and [email protected]
Web site: www.management-rating.com
Source: Management & Excellence
*Comment added by John Donovan of ShellNews.net: This PR report must qualify as the biggest load of BS in the history of PR propaganda. Amongst the claims, it says that Shell has been number one in ethics and transparency for the last four years. That includes the time period of the reserves scandal when three senior executives were forced to resign and Shell paid hundreds of millions in fines and settlements. The debacle made headlines around the world was described as the biggest fraud in corporate history on a BBC programme and a related multi-billion global class action lawsuit is still in progress. Shell CEO Jeroen van der Veer has confirmed that Shell has already set aside £500 million to settle. It will not be enough. What about the PR debacles in Ireland and Sakhalin-2? Have the clowns responsible for this rubbish not visited the Wikipedia article covering Shell’s reputation. Unlike this report, it is a balanced and neutral article.
http://en.wikipedia.org/wiki/Royal_Dutch_Shell_Environmental_and_reputational_issues
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
