Intel takes CSR management award
Date: 3 Nov 2005
Intel has been awarded the first 'CSR Management' award as part of the annual Business Ethics Awards. In particular, the company was praised for its leadership in helping to bring companies together to create the Electronics Industry Code of Conduct.
The other winners of the awards, run by New York-based Business Ethics Magazine, were the South Mountain Company, which won the Workplace Democracy category, New Leaf Paper, the Environmental Excellence Award, and Weaver Stret Cooperative which won the Living Economy Award.
Dave Stangis, Intel's director of corporate responsibility, said: "We could see this issue of supply chain management coming, given what happened with the sweatshop issue in the apparel and shoe industries. We couldn't let what happened to The Gap and Nike impact us, so we decided to band together with other companies and take a leadership position on the issue."
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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