February 19, 2024
Post Office Ltd and Fujitsu Scandal: Impact on ESG Scores
For our UK readers, the evolving scandal at the UK's Post Office Ltd & Fujitsu is rapidly impacting Fujitsu's ESG scores.
Background: The digital accounting system that the postmasters (regular people) entered their daily sales & cost calculations into were being fraudulently altered via remote access from the UK's Post Office Ltd / Fujitsu.
In our ESG data Post Office Ltd has the lowest (1st percentile) Community & Social scores and a 4th percentile ESGControversies score (very bad).
The blame has gradually shifted from Post Office Ltd to Fujitsu over the past month in social media, and Fujitsu's ESG scores have dropped substantially - see graphic below.