【World Wide Web Reporter Li Tingting】 According to a recent report by Yonhap News Agency on September 19th, the "2017 Global CSR Ranking" released by the U.S.-based Reputation Institute revealed that Samsung Electronics fell to 89th place, marking a significant drop of 69 positions from its 2016 ranking.

Data Map

The Global Corporate Social Responsibility (CSR) ranking is an annual evaluation of leading global companies based on their social responsibility efforts. In 2016, Samsung was ranked 20th, but this year it plummeted to 89th. Analysts suggest that this sharp decline may be linked to the high-profile bribery scandal involving Samsung's Vice President, Lee Jae-yong, who was later arrested for his alleged involvement in a corruption case.

Since Samsung first entered the CSR rankings, its position has remained relatively stable around the 20th spot, with minor fluctuations over the years. For example, it ranked 26th in 2013, 16th in 2014, and 20th in 2015. However, the sudden drop in 2017 raised concerns about the company’s public image. The U.S. magazine Forbes attributed the decline to two major incidents: the Galaxy Note7 battery fires and the arrest of Lee Jae-yong, both of which significantly damaged Samsung’s brand reputation.

Experts believe that corporate social responsibility plays a crucial role in maintaining consumer trust and brand value. As Samsung continues to face legal and reputational challenges, its performance in future CSR rankings will be closely watched as an indicator of its recovery efforts and long-term commitment to ethical business practices.

Silicone Rubber Phone Case

rubber silicone cell phone case,silicone rubber cover phone case,silicone rubber mobile cover,rubber phone case

Dongguan Yingxin Technology Co., Ltd. , https://www.dgyingxintech.com

Posted on