Goldman Sachs & Shell awarded
most irresponsible company
The Goldman Sachs banking group and the Shell oil company
have been awarded the title of most irresponsible company at an
alternative awards ceremony held on the fringes of the World
Economic Forum in Davos. The two companies were highlighted
by activists as the worst examples of corporate greed over the
past year.
The annual Public Eye ceremony saw trophies presented in
absentia to Goldman Sachs for alleged financial misdeeds, and to
Shell for its role in exploiting oil reserves in the Arctic.
Goldman Sachs received their award from a jury panel, while the
Shell trophy was based on an online vote involving almost 42,000
members of the public. Shell’s award is based on the company’s
environmental record.
It is the second time Shell has received a Public Eye trophy.
Neither Shell nor Goldman Sachs representatives were available
for comment.