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.
Tagged with: assets
, Brett Scott
, Common Good Balance Sheet
, Economy for the Common Good
, Open Corporates
, open data
, subsidiary companies
, supply chain
, The Guardian