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IBM, Accenture Top Best Corporate Citizens in Government Contracting List

IBM landed the top spot on CR Magazine’s list of Best Corporate Citizens in Government Contracting 2012, followed by Accenture, Hewlett-Packard, AT&T and Dell.

Merck & Co., UPS, Lockheed Martin Corp., Verizon Communications and Boeing rounded out the top 10 in the list of 40 companies. Meanwhile, Huntington Ingalls Industries, L-3 Communications Holdings, Shaw Group, Booz Allen Hamilton and Oshkosh Corp. were at the bottom of the top 40.

CR focused on the largest US firms as listed in the Russell 1000 and then used its methodology to rank contractors based on 318 data elements in seven weighted categories: climate change, employee relations, environment, financial, governance, human rights and philanthropy. Forty companies were included in the best corporate citizens in government contracting list. However, for each category, CR Magazine ranked all companies within the Russell 1000.

CR ranked IBM as the best company in the environment category. IBM was ranked sixth in climate change, 42nd in human rights, 89th in employee relations, 197th in corporate governance, 12th in philanthropy and 98th in the financial category.

UPS, which was seventh overall, received the highest rank in the climate change category. The global delivery company was ranked seventh in the environmental category. Hewlett-Packard, which was third overall, was ranked fourth in the environmental and 19th in the climate change categories.

The list, now in its third year, aims to highlight the reporting practices of the largest government contractors and demonstrates the increasing focus of most of these companies on improving transparency, said CR Magazine editor-in-chief Dirk Olin.

CR Magazine research found that overall disclosure performance improved five percent over the prior year. Three-year average returns to shareholders among the highest-ranked companies outpaced the rest of the list by more than 50 percent, demonstrating the financial benefits of transparency.

Bristol-Myers Squibb is ranked no. 1 on CR Magazine’s list of 100 Best Corporate Citizens 2012, which was released earlier this year, followed by IBM, Microsoft, Intel and Johnson Controls.

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2 thoughts on “IBM, Accenture Top Best Corporate Citizens in Government Contracting List

  1. This list is laughable. Altria, Chevron… and the only reason Exxon Mobil didn’t make it was because of one of the few environmental suits against them that was able to stick?

    It would be very interesting to see exact model and metrics used to create these rankings and how much of it is based on charitable givings/market pieces vs. actual impacts…

  2. The article above makes no attempt to explain the methodology used, and refers to it only once, without elaboration.

    Here’s the article on-line (note that it’s missing a lot of info presumably available in the print version):
    http://www.thecro.com/content/contractual-responsibility

    Some telling quotes:

    “This methodology does not judge companies for the businesses they are in or their conduct per se. It measures their willingness to be held accountable…”

    “Many of the companies we looked at do not even disclose the mandatory data. The companies we consider among the “Best Corporate Citizens” disclose far more.”

    “Each of the companies we examined has a variety of issues that may require sanction across categories ranging from ethics to environment, to human rights, labor, and health.”

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