100 Best

The 2017 Most Responsible Companies Ranked by Industry Sector – Energy

logo The top corporations dedicated to sustainability in the energy category CR Magazine has put together its annual set of the “2017 Most Responsible Companies Ranked by Industry Sector” list. This list serves to help readers establish that their supply chain is comprised of the most responsible, sustainable, and transparent companies—creating shared value when strategic opportunities arise. In past years, this ranked list includes the top 12 companies in all 11 industry categories. This year, we are going to break down the list to feature one industry sector per magazine, to bring more attention to the category as a whole. In this issue we focus on “Energy.” To view the 2017 list, click here. 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, Maine-based financial analysis firm serving the environment, social, and governance (ESG) investment community.

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The 2017 100 Best Corporate Citizens

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Our 18th annual ranking of responsible organizations 100 Best based on seven categories and 260 data points is revealed. Being a good corporate citizen is a goal of most leading organizations, but actually achieving this can be a challenge in today’s business climate. There are many working pieces of a responsible operation—risk management, diversity and inclusion, and the supply chain for example—that make efficient and effective operations quite onerous. So when a company succeeds at being transparent, responsible, and accountable—with all aspects backed up by data—they end up earning a coveted spot on Corporate Responsibility Magazine’s 100 Best Corporate Citizens List. Compiling the 18th annual list of the 100 Best Corporate Citizens began with our research team documenting 260 data points of disclosure and performance measurements for the entire Russell 1000. The data was gleaned from publicly available information and each company was ranked in seven categories: • Environment; • Climate change; • Employee relations; • Human rights; • Corporate governance; • Financial performance; and • Philanthropy and community support.

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CR Magazine Reveals 17th Annual 100 Best Corporate Citizens List

PHILADELPHIA, PA (April 21, 2016) - Corporate Responsibility Magazine announced today its 17th annual 100 Best Corporate Citizens List, recognizing the standout performance of public companies across the United States. The 100 Best Corporate Citizens List documents 260 data points of disclosure and performance measures—harvested from publicly available information in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy & community support. The list ranks the Russell 1000 Index. “Companies that make our list strive to be transparent while disclosing how their business impacts employees, communities, and the environment,” said Belinda Sharr, editor of Corporate Responsibility Magazine. “These companies engage in a wide range of responsible business practices, and do so while succeeding financially as well. They exemplify good corporate citizenship.

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100 Best Methodology: How we Determine the Winners

By the Editors Accountability is vital Our overarching mission is accountability. We believe it’s vital for investors, regulators, customers, suppliers, employees, and neighbors to know as much as possible about the companies they invest in, do business with, and work for. CR Magazine’s Corporate Citizenship Methodology fulfills that mission by calling upon companies to make information available. Through this process, we put hard data into the hands of the people who have the most direct influence over these companies – and the most to gain or lose by their good or bad behavior. By advancing accountability and transparency through this research we empower those closest to these companies to make better decisions and ultimately judge these companies and their behaviors. In that way, we move us all closer to a world where everyone has the information they need and markets function more effectively. A group effort of CR Magazine, the CRA, and the CR community CR Magazine and the Corporate Responsibility Association (CRA) share a common purpose in advancing corporate accountability and responsibility.

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The 100 Best Corporate Citizens

Our 17th annual ranking of transparency, accountability and business performance
 
By the Editors
Corporate Responsibility Magazine is pleased to present our 17th annual list of the 100 Best Corporate Citizens. This year’s 100 Best List began with our research team documenting 260 data points of disclosure and performance measurements for the entire Russell 1000. The data was gleaned from publicly available information and each company was ranked in seven categories:
  • Environment
  • Climate change
  • Employee relations
  • Human rights
  • Corporate governance
  • Financial performance
  • Philanthropy & community support
More details on our methodology can be found here. We offer the companies named to the 2016 100 Best List our congratulations. They delivered on their commitments to transparency and accountability in highly competitive industries.

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On The Up And Up

Screen Shot 2015-12-09 at 1.52.59 PM These organizations have the most improved corporate responsibility performance in the past year, according to our annual list. By the Editors Each year, CR Magazine engages its research partners in an in-depth and arduous process that ranks each Russell 1000 company according to its performance on 298 data points related to CR. These data elements are gathered from publicly available information, and are evaluated for our annual 100 Best Corporate Citizens List that measures transparency, accountability, and business success. Remember: The 100 Best Corporate Citizens List is derived from measuring all the companies in the Russell 1000. For the second year, we decided to take a look at the companies that jumped the largest number of places. This shows a willingness to be held accountable, and a commitment to CR, sustainability, and shared value. We also felt it was valuable to highlight the companies that moved the fastest. Because it’s more difficult to jump many places near the top of the list, we decided to list two sets of companies: 1.

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CEO’s Letter: What We Really Measure

What We Really Measure

Elliot H. Clark

CEO


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.

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Shining a Spotlight on Sectors

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.

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100 Best 2009 Methodology & Penalty Box

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.

Data Category
# of ’09 Data Points 2008 Weighting % 2009 Weighting %
Environment 165 16.5 19.5
Climate Change 60 16.5 16.5
Human Rights 37 13.0 16.0
Employee Relations 61 13.0 19.5
Philanthropy 11 (7 in 2008) 13.0 9.0
Financial 1 13.0 12.5
Governance 8 (10 in 2008) 13.

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