Research & Ratings
Company Groups
Most corporate responsibility rating organisations 'rate'
company groups as single organisations. Corporate Critic database is different in that it is
structured to map complex company groups.
This means that extracts on specific companies generally
appear with ownership information.
For example:
British Sugar is owned by a holding company called
Wittington Investments. It is important to note that the ethical ratings
represent those of the company group as a whole.
Therefore, where British Sugar is rated, the ratings refer
not just to British Sugar but to Wittington and/or other companies owned by
Wittington Investments.
The exception to this is under the policy categories:
"Environmental Reporting", "Supply Chain Policy" and
"Animal Testing Policy"categories, where ratings can refer to the
specific subsidiary's environmental report or Supply Chain Policy if this is
better.
When one company buys another, the new company is deemed to
have inherited the past record of the other, unless there is clear evidence
that the take-over has seen a change in policy and practice.
Significant effort is made with Corporate Critic to maintain
the integrity and accuracy of information. Each company is assigned to its UHC
(Ultimate Holding Company) but frequent global mergers, takeovers and
acquisitions mean that company group information can be of an advisory nature
only. Therefore, if a particular piece of information is to play a significant
role in a campaigning or investment decision, we recommend making additional
ownership checks. See Screenings.
Of course, accurate ownership information is of the utmost
importance to us at ECRA, and we make every effort to monitor significant
changes. If you discover information which you believe is incorrect, please
contact us and we can make changes within 24 hours if necessary.
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