Home

Fortis

Mon, 2010-03-29 21:44 — superadmin
Region: 
Private: 
Public: 
Ticker: 
UGL AU
Market cap: 
$2,279 million
Country of incorporation: 
Belgium
Industry: 
Services
Description: 

International provider of insurance services to personal, business and institutional customers. Google company description

Positive Impact – Doing: 
Positive Impact – Talking: 

1. Sustainable Development section on website, 2007 CSR report, GRI reporting, CSR advisory board, carbon neutrality program. http://www.holding.fortis.com/sustainability/index.asp

Controversy: 

1. Planned sale of Fortis' operations in Belgium and Luxembourg were blocked by courts due to lack of transparency between the Belgium government and Fortis executives1.
2. Was one of the first victims of the financial crisis - was bailed out by Belgian government2.

  1. 1. http://www.earthtimes.org/articles/show/247122,justice-minister-resigns-over-belgiums-fortis-scandal--summary.html
  2. 2. http://www.guardian.co.uk/business/2008/dec/19/fortis-fortisgate
Notes: 
Additional Research: 

Post new comment

  • Use [fn]...[/fn] (or <fn>...</fn>) to insert automatically numbered footnotes.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options