Corporate Responsibility Magazine (CR Magazine) will announce its 19th annual 100 Best Corporate Citizens list on May 7 at noon ET, recognizing the standout environmental, social and governance (ESG) performance of public companies across the United States.
The 2018 ranking will be revealed during a Facebook Live broadcast on the 3BL Media - TriplePundit Facebook page. CR Magazine Publisher Dave Armon and Editor Jen Boynton will host the event.
"CR Magazine is proud to present the only ESG ranking list that doesn't rely on self-reporting," said Armon. "Each year, the 100 Best Corporate Citizens ranking measures the success of the Brands Taking Stands movement by celebrating the most successful, most transparent companies that report on their responsible practices. Please join us as we identify and congratulate those honored on this year's list for their commitment to corporate responsibility."
The list ranks the Russell 1000 Index and research is conducted by ISS Corporate Solutions. There is no fee for companies to be assessed.
Companies listed on the Russell 1000 are analyzed using publicly available records from their websites, annual reports, shareholder calls, media interviews, NGOs and government documents. The analysis includes 260 data points on environmental, climate change, human rights, employee relations, corporate governance, philanthropy, and financial performance. As a result, companies are rated on what information they disclose as well as how much they disclose.
To compile this ranking, data is obtained from public records and not from private self-reports to the analysts. Many rankings ask companies to fill out surveys and questionnaires about internal operations and ours relies on what is publically available. That’s because transparency and public commitments help make a company’s sustainability program stronger.
“The 100 Best ranking demonstrates that a company is dedicating resources towards its corporate responsibility and sustainability efforts,” explains Boynton. “Public disclosure allows its stakeholders to gain greater insights into a company’s business practices.”
About the 100 Best Corporate Citizens List:
The 100 Best Corporate Citizens List was first published in 1999 in Business Ethics Magazine, and has been managed by CR Magazine since 2007. To compile the list, every company in the Russell 1000, the highest ranked stocks in the Russell 3000 Index of publicly held U.S. companies, is ranked according to 260 data points.
About Corporate Responsibility Magazine:
3BL Media is the publisher of CR Magazine (www.thecro.com), the leading voice of the corporate responsibility profession and the publisher of the 100 Best Corporate Citizens ranking. Together with the Corporate Responsible Association, CR Magazine presents COMMIT!Forum, Oct. 23-25, 2018, at MGM National Harbor, just outside Washington, D.C. The theme is Brands Taking Stands – The Long View.
About 3BL Media
3BL Media is the world’s leading communications partner for purpose-driven organizations. Through targeted content distribution, multimedia promotions and hands-on learning experiences, 3BL Media amplifies the stories, experiences and perspectives of companies, NGOs and nonprofits through an unrivaled network of corporate responsibility and sustainability professionals, influencers and audiences. Learn more here.