- Climate change
- Employee relations
- Human rights
- Corporate governance
- Financial performance
- Philanthropy & community support
What We Really Measure
Elliot H. Clark
We arrive at the 2014 CR Magazine 100 Best Corporate Citizens Rankings. This list captures the 100 Best Companies, according to our methodology, in the entire Russell 1000 index. This is not to say that there are not good corporate citizens in the other 900, but this measurement is as much about the individual companies as it is about society and business culture. We, in essence, measure the success of the Corporate Responsibility movement.
The market rating represented by the 100 Best Corporate Citizens illustrates the progress of the definition of corporate citizenship—from the old world view of corporate social involvement to the new one. It, frankly, shows the progress from bad to better.
In Act v, Sc 1 of Shakespeare’s Measure for Measure is the quote: ”They say, best men are moulded out of faults,
And, for the most, become much more the better
For being a little bad.
America’s most transparent large-cap companies—sector by sector.
By The Editors
This is CR Magazine’s annual set of “Industry Sector Best Corporate Citizens” lists. For these compilations, we use the same methodology as the “100 Best Corporate Citizens List,” with one additional data slice. The Best Corporate Citizens database comprises publicly available data from Russell 1000 companies collected and analyzed by IW Financial, a Portland, ME-based financial analysis firm serving the environment, social, and governance (ESG) investment community.
For the “Industry Sector Best Corporate Citizens” lists, we identify the industry sectors with high representation among the Russell 1000, our starting universe for our database. We then narrow those to 10 and apply the same review process to the companies on those sector lists as we do for the “100 Best Corporate Citizens List.”
The methodology collects 324 data elements in seven categories: climate change, employee relations, environment, financial, governance, human rights, and philanthropy.
On Oct. 30, 2008, 27 practitioners—corporate members of the CRO Association—gathered in Chicago to openly debate the methodology for the 10th Annual 100 Best Corporate Citizens List®. Everyone emerged a little unhappy. In other words, it was an ideal outcome.
||# of ’09 Data Points||2008 Weighting %|| 2009 Weighting %
|Philanthropy||11 (7 in 2008)||13.0||9.0|
|Governance||8 (10 in 2008)||13.|
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