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Sustainability Ratings on Corporate Social Responsibility (CSR) from CSRHUB

A new source of sustainability and CSR information

Submitted by: CSRHUB LLC

Categories: Corporate Social Responsibility, Research, Reports & Publications

Posted: Sep 09, 2010 – 08:03 PM EST

 

NEW YORK, Sep. 09 /CSRwire/ - CSRHUB LLC announced today that CSRHUB has released the beta version of its Corporate Social Responsibility (CSR) rating tool. The CSRHUB web site, at http://www.csrhub.com, now offers free ratings on the environmental, community, labor, and governance performance for more than 5,000 companies from 66 countries and across 135 industries. Based on feedback from an extensive alpha test period, CSRHUB has improved its user interface, refined its ratings, and added both CSR-related news and job content. The site is built on data from more than 90 sources, and contains more than 2 million pieces of data. CSRHUB offers basic ratings information for free and then additional rating details to those who subscribe.

CSRHUB's ratings allow corporate branding, PR, and sustainability managers, consumer activists, foundations and non-governmental organizations, researchers, and reporters to understand and compare the sustainability performance of almost all of the world's major corporations. CSRHUB users get an unprecedented amount of information and transparent access to most of the world's major sources of CSR information. CSRHUB ratings are built on information supplied by respected environmental, social, governance (ESG) ratings analysts including ASSET4, GovernanceMetrics International, IW Financial, Trucost and Vigeo, as well as from a wide variety of public and non-profit sources on social justice and environmental sustainability. No other source to date has offered so much information at such a reasonable price.

"We have received a tremendous amount of alpha-stage input on our CSRHUB project from sustainability professionals, NGOs, and activist consumers who are concerned about social issues," said CSRHUB CEO and Co-Founder Bahar Gidwani. "They have told us that our site will help them analyze branding, marketing, business partnership and supply chain decisions. We expect to also help activists and individuals make decisions about what to buy and who to work for," said Gidwani.

Rather than setting a single standard for CSR performance, CSRHUB enables its users to create a profile of their own values. The site then tailors its company performance ratings to the individual user's values. The site links transparently to its sources, so that users can see the original data behind the ratings. CSRHUB works with a number of social media and not-for-profits, including Climate Counts, CSRwire, WikiPositive, TriplePundit, and Sustainable Life Media to provide rich and deep coverage of CSR issues.

Co-founder and COO Cynthia Figge adds that, "CSRHUB provides a rating system that provides greater transparency on the progress companies have made in building sustainable organizations. In addition, CSRHUB ratings offer business people and consumers a free, comprehensive, searchable database that reveals the social and environmental performance of companies, giving public access to ratings data that has not been available before."

About CSRHUB LLC

CSRHUB LLC, a New York-based company committed to being the leading source of value-based company sustainability ratings, was founded in 2008 by Bahar Gidwani, Cynthia Figge, and Stephen Filler. Gidwani was CEO of the New York-based Index Stock Imagery, Inc, from 1991 through 2006, has an MBA from Harvard Business School, and is a Chartered Financial Analyst. In 1996 Figge co-founded EKOS International, a consultancy that integrates sustainability and corporate strategy, and has an MBA from Harvard Business School. Filler, an attorney with more than twenty years of experience in business law, contracts and intellectual property, is the Director of Business Development for Prism Solar Technologies, Inc, a solar photovoltaics module manufacturer. The founders have served as board members on a wide variety of non-profits and trade associations including in the sustainability and environmental areas. For more information, visit www.csrhub.com or contact info@csrhub.com.

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