Published 04-11-05
Submitted by Valassis
"The special recognition of being named a '100 Best Corporate Citizen' and advertising industry," said Alan F. Schultz, Chairman, President and Chief Executive Officer of Valassis. "In addition to being the only company in our industry to be recognized, we are particularly honored to share this distinction with a number of our customers who were also recognized."
"What distinguishes the '100 Best Corporate Citizens' from their peers is a commitment to higher standards," said Marjorie Kelly, Editor of Business Ethics Magazine. "The list represents the top ten percent of Russell 1000 firms when it comes to corporate social responsibility -- those that perform to a higher standard in serving a variety of stakeholders with excellence and integrity."
Some of Valassis' model business strategies in good corporate citizenship include:
The "100 Best Corporate Citizens" survey is based on a database maintained by KLD Research & Analytics, a Boston-based social research firm. All companies listed on the Russell 1000 Index -- the 1,000 largest publicly- traded companies in the United States -- and the 150 Domini firms are considered. The KLD data is then statistically analyzed by Sandra Waddock and Samuel Graves of Boston College, and companies receive rankings in eight different categories: total return to stockholders, community, diversity, employees, environment, human rights, company products and new for 2005 -- governance. Each company then receives an overall score based on their scores in the eight different issue areas.
The "100 Best Corporate Citizens" story is in the spring issue of Business Ethics magazine. For more information on Business Ethics magazine, and details regarding the list and story, see www.business-ethics.com
About Valassis
Valassis offers a wide range of marketing services to consumer packaged goods manufacturers, retailers, technology companies and other customers with operations in the United States, Europe, Mexico and Canada. Valassis' products and services portfolio includes: newspaper-delivered promotions and advertisements such as inserts, sampling, polybags and on-page advertisements; direct-to-door advertising and sampling; direct mail; Internet-delivered marketing; loyalty marketing software; coupon and promotion clearing; and promotion planning and analytic services. Valassis has been listed as one of FORTUNE magazine's "Best Companies to Work For" for eight consecutive years. Valassis subsidiaries include Valassis Canada, PreVision Marketing(R), LLC, Promotion Watch, Valassis Relationship Marketing Systems, LLC and NCH Marketing Services, Inc. For additional information, visit the company Web site at www.valassis.com.