Home Industry Strategy Corruption watchdog shames Amazon, Google and Apple
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International corruption watchdog Transparency International has released its analysis of the world’s 105 largest listed companies, worth a total $US11 trillion. Amazon, Google and Apple scored worst of the tech giants.

TI, which bills itself as ‘the global coalition against corruption’, has monitored corporate performance for a number of years, and in its latest report released today it ranks the world’s 105 largest publicly listed companies according to their reporting on anti-corruption programmes; organisational transparency; and country by country reporting.

These scores are then assembled into a rank where 10 is the best, and 0 the worst possible score. In this year’s report SAP scored highest of the technology vendors with a score of 5.8. Amazon, Google and Apple were worst with scores of 2.8, 2.9 and 3.2 respectively.

The three top listed companies in the telecommunications sector were France Telecom with 6.6, Spain’s Telefonica with 6.2 and Deutsche Telekom on 6.

The highest rank overall went to Norwegian oil and gas giant Statoil which achieved a score of 8.3. Local resources giants Rio Tinto and BHP Billiton shared second position with scores of 7.2.

Technology vendors in general performed reasonably in terms of their anti-corruption programme reporting (with the exception of Amazon which scored poorly in this category). Only Qualcomm however had a publicly available policy specifically prohibiting facilitation payments – bribes.

Where there was a distinct lack of transparency among tech vendors was in the area of country by country reporting. Hewlett-Packard, Microsoft, Apple and Google all scored 0 in that category.

This category tracks transparency in financial reporting of revenues, capital expenditure income before tax and income tax.

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Beverley Head

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Beverley Head is a Sydney-based freelance writer who specialises in exploring how and why technology changes everything - society, business, government, education, health. Beverley started writing about the business of technology in London in 1983 before moving to Australia in 1986. She was the technology editor of the Financial Review for almost a decade, and then became the newspaper's features editor before embarking on a freelance career, during which time she has written on a broad array of technology related topics for the Sydney Morning Herald, Age, Boss, BRW, Banking Day, Campus Review, Education Review, Insite and Government Technology Review. Beverley holds a degree in Metallurgy and the Science of Materials from Oxford University and a deep affection for things which are shaken not stirred.

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