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ABB Asea Brown Boveri Ltd

Headquarters : PO Box 8131 CH-8050 Zurich Switzerland Switzerland web www.abb.com tel. 41-1-317-7334 email: ann-sofie.joensson@ch.abb.com analytics

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« Ethical » rating of ABB Asea Brown Boveri Ltd , group and subsidiaries

Jobs -35% /1998 Pollution 2 Fraud 5 Offshore 7 Sales 29 Bn $.€ /year Profit 8 Bn $.€ /1998 Influence 4 Infocom 2
[click on the rating for the method or on the number for the data]

shareholdercountry%source
BZ Group Holding LtdSwitzerland10Financial Times
Ebner, MartinSwitzerland5AGEFI
Investor ABSweden7,2Les Echos
Schmidheiny, StephanSwitzerland
» More shareholders of ABB Asea Brown Boveri Ltd
year
business
source
2006The world's largest manufacturer of electrical networks.
» More business descriptions and market shares for ABB Asea Brown Boveri Ltd.
subsidiarycountry%source
Entrelec Group SA France99,1Les Echos
» More subsidiaries of ABB Asea Brown Boveri Ltd
country
address & contact : production type
incentive source
Netherland Antilles Netherland Antilles
ABB Investment NV, SWIFT ABBNANC1XXX :
Offshore finance, secret bank account, tax haven, shell companies or free zone(s) SWIFT
United Arab Emirates United Arab Emirates
Po Box 11070 Dubai :
Offshore finance, secret bank account, tax haven, shell companies or free zone(s)
Ireland Ireland
:
Offshore finance, secret bank account, tax haven, shell companies or free zone(s)
Luxembourg Luxembourg
3370 Leudelange & 352 493116 :
Offshore finance, secret bank account, tax haven, shell companies or free zone(s)
Malaysia Malaysia
Ulu Kelang free zone, Lorong Enggang 37 & 4568133 :
 
North Korea North Korea
:
Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Swissinfos
Singapore Singapore
2, Ayer Rajah Crescent & 7765711 :
Offshore finance, secret bank account, tax haven, shell companies or free zone(s)

  • Human impact

year name
photo position; compensation
source
2007Demaré, Michel
See the photo of: Demaré, Michel Chief Financial Officer;
2007Von Grunberg, Hubertus
See the photo of: Von Grunberg, Hubertus Chairman;
2005Kindle, Fred
See the photo of: Kindle, Fred Chief Executive Officer;
Les Echos
2002Dietz, Horst
See the photo of: Dietz, Horst Chairman of the Board;
2002Dormann, Jurgen
See the photo of: Dormann, Jurgen Chief Executive Officer;
2001Dormann, Jurgen
See the photo of: Dormann, Jurgen Chairman of the Monitoring Committee;
2000Barnevik, Percy
See the photo of: Barnevik, Percy Chairman of the Monitoring Committee; allowances: 99 million Eu€;
Le Monde
2000Centerman, Jorgen
See the photo of: Centerman, Jorgen Chairman of the Executive committee;
2000Ebner, Martin
See the photo of: Ebner, Martin Director;
2000Jeker, Robert
See the photo of: Jeker, Robert Director;
2000Rocca, Agostion
See the photo of: Rocca, Agostion Director;
2000Rumsfeld, Donald
See the photo of: Rumsfeld, Donald Director;
2000Somm, Edwin
See the photo of: Somm, Edwin Director;
2000Sutherland, Peter
See the photo of: Sutherland, Peter Director;
2000Wallenberg, Jakob
See the photo of: Wallenberg, Jakob Director;
1999Dormann, Jurgen
See the photo of: Dormann, Jurgen Director;
1999Lindahl, Goran
See the photo of: Lindahl, Goran Chairman of the Executive committee; allowances: 56,95 million Eu€;
Le Monde
1999Von Koerber, Eberhard
See the photo of: Von Koerber, Eberhard Chairman;
1999Weiss, Ulrich
See the photo of: Weiss, Ulrich Monitoring Committee;
» More executive salaries for ABB Asea Brown Boveri Ltd
» Highest paid executives in 2007
year
employees
<>
social impact : country
source
2009
-550
Closure/Bankruptcy: ABB closes its factories of Aunay-on-Odon and of Mâcon and restructures its sites of Saint-Ouen Alms (Valley of Oise), Montluel (Ain), Chassieu (the Rhone), Mâcon (Saône-et-Loire), Aunay-on-Odon (Apple-brandy), Bagnères-of-Bigorre (Hautes-Pyrénées) and Geispolsheim (the Low-Rhine).: France
L'usine nouvelle
2009
-540
Internal restructuring: ABB restructures its factories of Mâcon and of Aunay-on-Odon.: France
Les Echos
2006
-210
Closure/Bankruptcy: ABB closes its engine and alternators manufacturing facility in Champagne sur Seine.: France
Les Echos
2005
-1300
Internal restructuring:
Swissinfos
2004
-40000
Bloomberg
2003
139051
2002
146000
-10000
Les Echos
2001
-12000
Les Echos
2000
-10000
AFP
1999
164154
1998
199232
1993
-2855
Les Echos
year
employees
<>
social impact : country
source
 12 informations, access to subscribers
year
country : consequences
source
2006United States of America : ABB pays 2 billion dollars to compensate the former employees of its subsidiary Combustion Engineering, contaminated by asbestos during their work.Les Echos
2003United States of America : ABB signs an agreement with lawyers of the 110 000 plaintiffs who carried felt sorry for against the group in the file of asbestos: ABB will have to pour 350 million dollars in cash, as well as a supplement of 50 million dollars. Since 1990, 440 000 complaints against Combustion Engineering, its subsidiary company, which manufactured the boilers containing of asbestos, cost the group more than one billion dollarLesinfos.com
» More environmental impacts by ABB Asea Brown Boveri Ltd
» Pollutions in 2007
year
country : consequences
source
 2 informations, access to subscribers
» More environmental impacts by ABB Asea Brown Boveri Ltd
» Pollutions in 2007

  • Subsidy

yearfinancial misdemeanorsalesincome buybacksource
2009 Six European and Japanese companies, AREVA, ABB, Alstom, Siemens, Fuji Electrics and Toshiba, shared the European and Japanese markets of electric transformers between 1999 and 2003. The japanese producers were not to sell transformers in Europe and the european producers not to sell some in Japan. The European commission condemned them to a total fine of 67,644 million euros.    
2007   1,5billion US$Les Echos
2007   29,23,8   billion US$Les Echos
2006   24,531,9   billion US$
2006 The company participated to a cartel with its competitors on the gas insulated switchgears market in Europe.     Les Echos
2006 ABB colluded in supplies of gas insulated switchgear, which is needed at sub-stations used to carry electricity to homes, offices and factories in the Czech Republic. "The issue is so-called bid rigging, in which participants agreed among themselves on who will offer what price of gas insulated switchgear so the contract is awarded to the company agreed in advance," the Czech competition regulator said.     Reuters
2004   20,720,2   billion US$
2004 Irrégularités comptables de 70 M USD     AFP
2003   18,79-0,77   billion US$
2002 Price-fixed billions of dollars worth of equipment to the power industry: fined Au$35000     Sydney Morning Herald
2002   23,73-0,69   billion US$
2001   23,73-0,69   billion US$
2000   22,971,44   billion US$
1999   24,681,61   billion US$
1998   30,871,3   billion US$
1994     EUPolitix
» More financial data for ABB Asea Brown Boveri Ltd
» Financial delinquency in 2007
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 16 informations, access to subscribers
» More financial data for ABB Asea Brown Boveri Ltd
» Financial delinquency in 2007
year
purpose : intermediary/lobby : institution
source
2006 : amount: 235 thousand US$ : Officiels nigérians translateRomandie
2003Market access : translateSwissinfos
2001Access to foreign market (through MAI, WTO, GATS), prevent binding environmental regulations : USCIB (US Council For International Business) : : US Government translateUSCIB
2000Prevent binding environmental regulations (environmental protection through economic growth, self-regulation and free trade) : WBCSD (World Business Council for Sustainable Development) : : United Nations translateCorporate Europe Observatory
1999Deregulation and "maximum liberalization" through WTO, GATS : TABD (Transatlantic Business Dialogue) : : US Government / European Commission translateCorporate Europe Observatory
1999Market access and investment protection (through WTO, GATS), avoid social and environmental rules : ICC (International Chamber of Commerce) : : WTO, GATS translateCorporate Europe Observatory
1993The group"s italian executive officers are charged with bribing italian political leaders to win train equipment contracts. : translateLes Echos
» More influence from ABB Asea Brown Boveri Ltd
» Influence in 2007
year
purpose : intermediary/lobby : institution
source
 7 informations, access to subscribers
» More influence from ABB Asea Brown Boveri Ltd
» Influence in 2007
year
dubious practice : image
source
2004Arguable partnership: WWF: value: Ecologique;
2000Arguable partnership: Global Compact with the United Nations: value: Respects human, social and environmental laws; ONU
» More ads and public relations campaign from ABB Asea Brown Boveri Ltd
» Dubious practices in 2007

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