2 anti-corporate groups to stop protests at Davos, say World Economic Forum no longer relevant

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Two anti-corporate campaign groups say they will stop staging protests at the World Economic Forum because the annual meeting of political and business leaders in the Swiss Alps is no longer relevant.

Environmental group Greenpeace Switzerland and the Berne Declaration, which campaigns for responsible business, said Wednesday they will present the final "Public Eye Award" in Davos in January following 15 years of protests.

The award will go to one of six companies for "lifetime achievements in corporate irresponsibility." Web users will be able to choose between oil firms Chevron and Gazprom, chemicals company Dow Chemical, commodities giant Glencore, investment firm Goldman Sachs and retailer Walmart.

Organizers of the Davos forum, which takes place Jan. 21-25 didn't immediately respond to a request for comment.