Hit enter to search or ESC to close

logo-block
alva
Get in touch
logo-block-tablet

Reputation: Safety stress tests

It is widely recognised that reputation and the perception of a company’s ability to operate in a responsible manner is one of the most valuable assets to a business. Hazardous industries, such as oil & gas drilling and nuclear power share numerous examples of how a company’s reputation can be tarnished if the company is responsible for an accident or incident which puts human safety and/or the environment at risk.

Indeed, over one year on from the major spill in the Gulf of Mexico, BP’s reputation has not managed to recover in spite of the company’s efforts to improve its credibility. Alva’s reputation analysis sees BP continue to perform poorly with it placed last in the Alva Reputation Index for the Oil & Gas sector with a score of 5.87, -0.38 below the industry average. Furthermore, PRWeek‘s latest survey of more than 2,000 respondents revealed that BP‘s reputation shows no sign of recovering with 50% of the public still holding a negative opinion of the oil major, the same number as at the time of the spill.

This article was written by Nicholas Chrysanthou, energy consultant analyst at Alva and released in full on Energy Business Review.

See more articles
Join our Newsletter

Be part of the Connected Intelligence community Join our Newsletter

Join our Newsletter

We are hiring! We are looking for a Consultant Analyst for our London office. If you are an analytically-minded, curious, self-starter, get in touch! #alvacareers #consultantanalyst #jobs
https://t.co/qtzcgK48qr

Flygskam: which airlines are being targeted and how is this movement affecting the sector's reputation? #alva
https://t.co/3XmsHsFwi6

Companies can build out their reputation capital to protect against future risks. Read how Toyota leveraged its reputation capital to restore its reputation. #reputationalcapital #alva
https://t.co/5eYkxvh32v

Load More...

Be part of the Connected Intelligence community

To join our Connected Intelligence community simply complete the form below.