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ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri belongs to |
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ABB Asea Brown Boveri owns |
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« ETHICAL » RATING OF ABB_ASEA_BROWN_BOVERI
, group
and subsidiaries
[ ?] |
| Job: 31% of company's jobs cut since 1998 |
| Environment: 1 major pollution(s) |
| Delinquency: 4 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 5 offshore financial center(s) |
| Sales: more than 21 billion(s) dollars/euros in annual sales |
| Net profit: more than 4 billion(s) dollars/euros in cumulated net profit since 1998 |
| Influence: 4 act(s) of direct corruption or lobbying |
| Advertising & marketing: 2 dubious practice(s) |
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Relevance: business & market share |
year | business source |
| 2006 | The world's largest manufacturer of electrical networks. |  |
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World locations & Manufacturing |
ABB Asea Brown Boveri is managed by |
year name | photo position; compensation source |
| 2000Barnevik, Percy |  Chairman of the Monitoring Committee; allowances: 99 million Eu€; |
| 1999Lindahl, Goran |  Chairman of the Executive committee; allowances: 56.95 million Eu€; |
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year | dubious practice : image source |
| 2004 | Arguable partnership: WWF: value: Ecologique; |  |
| 2000 | Arguable partnership: Global Compact with the United Nations: value: Respects human, social and environmental laws; |  |
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year | employees <> | social impact : country source |
| 2006 | -210 | Closure/Bankruptcy: ABB closes its engine and alternators manufacturing facility in Champagne sur Seine.: France | Les Echos  |
| 2003 | 139051 | |  |
| 1999 | 164154 | |  |
| 1998 | 199232 | |  |
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year | country : consequences source |
| 2006 | United 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  |
| 2003 | United States of America : Accord avec les avocats des 110 000 plaignants qui ont porté plainte contre le groupe dans le dossier de l'amiante: ABB va devoir verser 350 millions de dollars en cash, ainsi qu'un supplément de 50 millions de dollars. Depuis 1990, 440 000 plaintes contre Combustion Engineering, sa filiale, qui fabriquait les chaudières contenant de l'amiante, ont coûté au groupe plus d'un milliard de dollars | Lesinfos.c.  |
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year | financial misdemeanor | sales | income | | buyback | source |
| 2006 |
| 24.53 | 1.9 | |   | 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 |
| 20.72 | 0.2 | |   | 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$35000 |
| | | |   | | Sydney Mor.  |
| 2002 |
| 23.73 | -0.69 | |   | billion US$ |  |
| 2001 |
| 23.73 | -0.69 | |   | billion US$ |  |
| 2000 |
| 22.97 | 1.44 | |   | billion US$ |  |
| 1999 |
| 24.68 | 1.61 | |   | billion US$ |  |
| 1998 |
| 30.87 | 1.3 | |   | billion US$ |  |
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