Neste Oil wins a less than flattering award in Davos
The Finnish oil company Neste Oil and the AngloGold/Ashanti mining company have been given Public Eye Awards in Davos, Switzerland for social and ecological irresponsibility.
Neste Oil was awarded the public prize after more than 53,000 people took part in an online poll. A total of more than 17,000 votes went to the Finnish refiner. The company's "crime" relates to its role as a major producer of biofuels from palm oil.
According to the awards organisers, the Berne Declaration and Greenpeace, Neste Oil beat off stiff competition from runners-up petroleum giant BP, cigarette manufacturers Philip Morris, AngloGold/Ashanti, electronics firm Foxconn, and Swiss electric power utlity Axpo.
Neste Oil is the world’s largest buyer of palm oil, used to produce its “Green Diesel”.
Demand for the oil is leading to deforestation in Indonesia and Malaysia and endangering animal habitats.
AngloGold/Ashanti received the jury prize for its responsibility in poisoning the environment and the local population around its gold mining operations in Ghana.
The Public Eye Awards are handed out during the World Economic Forum’s annual meeting in the Swiss resort of Davos.
They aim to highlight the downside of globalisation based only on profits.
Neste Oil immediately reported that the Public Eye accolade was most unfortunate and declared that it did not reflect the reality of the situation.
Previously in HS International Edition:
Neste Oil selected for list of socially irresponsible companies (12.1.2011)
Public Eye Awards
Neste Oil´s response to the Public Eye Award, 28.1.2011