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Nothing will be as it used to be

The new horizon of OpenCorporation, from the 2019 OpenCorporationDay  to after this period of pause and reflection due to the quarantine

by Gabriele Guglielmi, Filcams CGIL International Policies Coordinator and OpenCorporation

  • The situation in December 2019
  • Reflecting during the quarantine
  • Future of OpenCorporation #PostCoronaVirus

1) Scenario in December 2019: LVMH overcomes ENEL in the ranking, which is still first among Italian companies.

Podium 2018:

  1. ENEL SPA
  2. AB ELECTROLUX
  3. RENTOKIL INITIAL PLC

Podium 2019:

  1. LVMH MOET HENNESSY – LOUIS VUITTON SE
  2. ENEL SPA
  3. ALLIANZ SE

(2) Reflecting during the quarantine

COVID-19 and …

3) #PostCoronaVirus horizon and new tools for #OpenCorporation

  • How are global companies and their supply chains changing
  • Constant, reliable and participated information
  • Fiscal impact

Changes are faster and faster, so from June 2020 the #RatingOpenCorporation will be monthly, a constant challenge for companies that will be able to improve their position in the 2020 ranking month after month, meeting will be the 18th of December at the #OpenCorporationDay2020.

The main new elements included in the company card, e.g. LVMH MOET HENNESSY – LOUIS VUITTON SE

  • The current rating is compared to that of the previous year, LVMH performance for instance has decreased by 3.22%.
  • Map of global presence of the multinational company, and geolocation of subsidiary branches.  
  • News for each of the 9.000 observed companies, see for example the news on Amazon with the opportunity for the readers to add additional companies or propose modifications or integrations.
  • New indicator: fiscal impact (shows the percentage relation between paid taxes and total value of production), note that for LVMH this value is 5.46%, similar to the one MICROSOFT CORPORATION (5.46%), better than APPLE (4.03%) and four and a half times better than the Dutch FCA (1.24%), and six times better than Amazon (0.85%), but still way lower than its direct opponent in the luxury sector, the French KERING  (13.39%).

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