Open data can unravel the complex dealings of multinationals

This post was created automatically via an RSS feed and was originally published at http://www.theguardian.com/sustainable-business/2015/aug/11/open-data-can-unravel-the-complex-dealings-of-multinationals

Groups like OpenOil and Sourcemap could be the beginnings of an alternative accounting system that helps investors make sense of global businesses

If you are a socially conscious investor trying to build a holistic picture of BP’s operations, where do you turn to? Despite appearing to the public as a single entity, a corporation like BP is actually a network of more than 1,000 separate subsidiary companies operating a sprawling web of assets across the world.

The sheer amount of data generated from operations is too great for the average investor to check.

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