HP Leads 100 Best Corporate Citizens List
Hewlett-Packard moved up from its number five ranking in 2009, to the number one slot, on the 2010 Top 100 Best Corporate Citizens list from Corporate Responsibility Magazine.
With a weighted average score of 17.35, computer giant HP was the clear winner. Rounding out the top five included Intel (21.04), General Mills (36.615), IBM (41.985), and Kimberly-Clark (46.035).
Intel was one of the leaders in this year’s ranking that made gains over the past year, moving up from number 13 to number 2, as did Kimberly-Clark, which climbed from number 9 to number 3.
Other big winners include Coca-Cola (which rose from number 56 in 2009 to number 8), Pepsico (from number 85 to 13), Gap (from number 24 to number 9), Microsoft (from number 47 to number 14), Newmont Mining Corp. (from number 39 to number 16), Colgate-Palmolive (from number 73 to number 18), and EMC (from number 48 to number 19).
However, two of the top five leaders — General Mills and IBM — dropped one position each this year, to numbers 3 and 4, respectively. Bristol Myers-Squibb, which topped the list in 2009, dropped to the number 7 position.
Click here (PDF) for the complete 2010 top 100 chart.
Jay Whitehead, publisher for Corporate Responsibility Magazine, says there are 36 new companies on the list this year, which indicates that companies are increasing their focus on public reporting and performance particularly in the areas climate change, environment, employee relations, and human rights. In addition to these areas, the ranking also evaluates companies based on philanthropy, financial performance and governance.
This year’s ranking also reveals that the top company’s total score improved by 66 percent and the average score of all 100 companies increased by 19 percent.
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Reader Comments
Reports such as this play vital role in moving our society toward a environmental sustainability. More and more studies show that consumers believe many businesses to be “greener” than their are in reality. Corporate Responsibility Magazine’s annual rankings provide people with year over year data and help us learn about about how the largest organizations in our country are working toward to be good corporate citizens.
Matt Courtland of The Natural Strategy | March 4th, 2010
This is a joke! A cross reference clearly shows that the majority of those companies receiving this “prestigious honor” are members of CROA and their partner organizations. This only shows me that companies can buy CSR and sustainability awards like cheap prostitutes and politicians!
Ann Smith | March 7th, 2010
I agree with Ann. Pepsi, Coke and General Mills, and Newmont Mining? It just goes to show that you can fake transparency also. The only way these can be responsible is to cease existing. Anyone reading this article who buys Pepsi, Coke and General Mills stock or products should know that they are contributing to obesity and diabetes epidemics that are killing our children, poor agriculture practices and extortion of small farmers, environmental destruction of the Everglades and the dead zone in the gulf. And these are just a few examples that we know about. Let’s have some real transparency.
Michael Cahill | April 23rd, 2010
I actually disagree with Ann and Michael. You cannot blame a company for children’s obesity – blame the parents and put blame where it belongs. The kids are not buying the product and feeding it to themselves. The parents are. These companies sell a product. If they don’t someone else will. At least they try to be envirnomently responsible while they do it – whether you like/agree with the product or not.
Donna | May 13th, 2010