NEW YORK, NY — Corporate Responsibility Magazine today released its 11th annual Best Corporate Citizens list, putting Hewlett-Packard, Intel and General Mills in the top three categories.
The full list this year includes a number of shakeups, including that Bristol-Myers Squibb, last year's top firm, fell to the seventh position in the rankings. Coca-Cola, which appears in eighth place this year, was ranked 56 last year.
"Thirty-six of the Top 100 were not on last year's list, evidence that companies are increasing their focus on public reporting and performance, particularly in the areas of climate change, environment, employee relations, and human rights," Corporate Responsibility Magazine publisher Jay Whitehead said in a statement. "Between 2009 and 2010, for instance, the top company's total score improved by 66 percent, and the average score of all 100 companies climbed by 19 percent."
The list is developed using more than 360 sets of publicly available data across seven categories: Environment, Climate Change, Human Rights, Philanthropy, Employee Relations, Financial Performance, and Governance. The companies on the list are chosen from the large-cap Russell 1000 companies, based on data provided by leading ESG investor data firm IW Financial.
The figure below shows the scores for the top ten firms: HP, Intel, General Mills, IBM, Kimberly-Clark, Abbott Laboratories, Bristol-Myers Squibb, Coca-Cola, Gap Inc., and Hess.
(Click image for a larger version)
"Global citizenship is integral to the success of HP's business," HP's Michael Mendenhall, senior vice president and chief marketing officer, said in a statement about the company's ranking. "At HP we strive to harmonize our business goals with our impact on society and the world around us, working with multiple stakeholders including customers and suppliers. We hold ourselves to high standards of transparency and accountability and I'm proud that this award recognizes our continued commitments in this area."
The full list is available from TheCRO.com; the top 10 firms and their scores last year are below.