Organization
ABB scored poorly largely due to high-risk practices in discriminatory philanthropy and employment protection, where preferential treatment based on race or identity appears to override merit-based policies. Combined with medium-risk cancellation and advocacy tendencies, the company shows a pattern of allowing political and social activism to influence its corporate governance.
Free account · your comment posts right after signup
ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Västerås, Sweden, and Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (Asea) and Switzerland's Brown, Boveri & Cie merged to create Asea Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology.