Intel Tops List of 100 Best Corporate Citizens
CRO Magazine revamped the 100 Best Corporate Citizens list to put more weight on performance related to climate change and the environment.
Intel took the number one spot on CRO's 100 Best Corporate Citizens 2008 list, continuing its yearly appearance on the list.
The list was started by Business Ethics magazine, but CRO Magazine/TheCRO.com began publishing it in 2007.
For the 2008 list CRO worked with research and consulting firm IW Financial to change the methodology behind the rankings, judging corporations based on their climate change, employee relations, environment, financial, governance, human rights, lobbying and philanthropy performance. Some previous categories were renamed, combined or eliminated, and greater weight was given to climate change and environmental issues.
CRO and IW Financial looked only at companies on the Russell 1000, and only took information from public sources such as financial disclosures, CSR reports, websites and EPA databases, relying on the transparency of companies.
Intel earned it highest score in the environment category, which looked at environmental disclosures, policies and performance. Intel is part of the U.S. EPA's Climate Leaders program, plans to cut its global greenhouse gas emissions per production unit by 30 percent by 2010 and spends millions a year on energy conservation.
The number two company, Eaton, also scored high for its climate change and environmental efforts. The company has a goal of cutting its GHG emissions by 18 percent by 2012, was one of the first diversified industrial companies to earn global ISO 14001 certification and encourages employee to reduce garbage and water.
Rounding out the remainder of the top 10 of the list are Nike, Deere, Genetch, Corning, Humana, Bank of America, ITT and PG&E.
Only three companies have appeared on the list each of its nine years. In addition to Intel, the list stalwarts are Cisco and Starbucks.
The list was started by Business Ethics magazine, but CRO Magazine/TheCRO.com began publishing it in 2007.
For the 2008 list CRO worked with research and consulting firm IW Financial to change the methodology behind the rankings, judging corporations based on their climate change, employee relations, environment, financial, governance, human rights, lobbying and philanthropy performance. Some previous categories were renamed, combined or eliminated, and greater weight was given to climate change and environmental issues.
CRO and IW Financial looked only at companies on the Russell 1000, and only took information from public sources such as financial disclosures, CSR reports, websites and EPA databases, relying on the transparency of companies.
Intel earned it highest score in the environment category, which looked at environmental disclosures, policies and performance. Intel is part of the U.S. EPA's Climate Leaders program, plans to cut its global greenhouse gas emissions per production unit by 30 percent by 2010 and spends millions a year on energy conservation.
The number two company, Eaton, also scored high for its climate change and environmental efforts. The company has a goal of cutting its GHG emissions by 18 percent by 2012, was one of the first diversified industrial companies to earn global ISO 14001 certification and encourages employee to reduce garbage and water.
Rounding out the remainder of the top 10 of the list are Nike, Deere, Genetch, Corning, Humana, Bank of America, ITT and PG&E.
Only three companies have appeared on the list each of its nine years. In addition to Intel, the list stalwarts are Cisco and Starbucks.
