Submitted by: Keurig Green Mountain, Inc.
Posted: Feb 14, 2007 – 12:26 PM EST
WATERBURY, Vt.--(BUSINESS WIRE)--Feb. 14, 2007--For the second year in a row, Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has been ranked No. 1 on the list of "100 Best Corporate Citizens," now published by CRO magazine. This is the fifth consecutive year that Green Mountain Coffee Roasters has appeared on the prestigious list, the only time a company has been awarded the top spot for two years running, and the only company other than IBM that has been ranked first twice.
Green Mountain Coffee Roasters has steadily risen from No. 8 in 2003, to No. 5 in 2004, No. 2 in 2005, and No. 1 last year. The specialty coffee roaster is in good company on this year's list, sharing honors with businesses such as Advanced Micro Devices (#2), IBM (#6), The Timberland Company (#8) and Starbucks Corporation (#9).
Now in its 8th year, the "100 Best Corporate Citizens" list was developed by Business Ethics magazine, which was incorporated last year into The CRO, a membership organization for Corporate Responsibility Officers. The "100 Best" list is drawn from more than 1,100 of the largest U.S. publicly held companies and identifies those that excel at serving a variety of stakeholders. Firms are ranked on performance in eight stakeholder categories: shareholders, governance, community, diversity, employees, environment, human rights and product.
Green Mountain Coffee Roasters offers one of the most comprehensive selections of double-certified, Fair Trade organic coffee in the country. Fair Trade provides coffee growers a fair price and a guaranteed minimum floor price for their crops. In 2006, the company introduced a line of eco-friendly paper cups that use a corn product, instead of petroleum-based products, to make them waterproof.
"We are thrilled by this unprecedented honor," said Robert Stiller, President and CEO of Green Mountain Coffee Roasters, Inc. "Our employees are excited to have their passion and the work they do recognized in this way. It's particularly rewarding to see how our efforts are improving people's lives and contributing to positive change in the world. We are proud to be included on a list of companies doing such great work, and look forward to continued collaboration with other values-driven businesses."
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees and successful business practices. The Company sells over 100 high quality selections, including Fair Trade Certified(TM) and organic coffees under the Green Mountain Coffee Roasters(R) and Newman's Own(R) Organics brands. While the majority of the Company's revenue is derived from its wholesale, direct mail, and e-commerce operations (www.GreenMountainCoffee.com ), it also owns Keurig, Incorporated, a pioneer and leading manufacturer of gourmet single-cup brewing systems. Green Mountain Coffee Roasters has been ranked No. 1 on the list of "100 Best Corporate Citizens" for the past two years, and has been recognized repeatedly by Forbes, Fortune Small Business, and the Society of Human Resource Management as an innovative, high-growth, socially responsible company.
Copyright Business Wire 2007
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