3BL Media has announced its annual 100 Best Corporate Citizens ranking, recognizing leading environmental, social and governance (ESG) transparency and performance amongst the 1,000 largest U.S. public companies.
Owens Corning tops the ranking for the second consecutive year and is followed by Citi, General Mills, Cisco and HP.
Since 2009, only 22 companies have made the ranking each year including 3M, Abbott, Bristol-Myers Squibb, Colgate-Palmolive, Gap, General Mills, Intel, Kimberly-Clark, Microsoft, Nike, Texas Instruments and Xerox.
Companies new to the ranking in 2020 include Estée Lauder, Hershey, Hilton, Micron Technology, Republic Services, Stanley Black & Decker and Target.
Access the 100 Best Corporate Citizens of 2020 ranking here.
“This is a decisive decade to achieve global climate and societal goals, while rebuilding an inclusive and resilient economy in the era of COVID-19,” said Dave Armon, CEO of 3BL Media, which owns 100 Best Corporate Citizens. “Corporate leadership on ESG topics is absolutely critical to a sustainable future and so is transparency. 3BL Media sets a standard for transparency through 100 Best Corporate Citizens that advances corporate accountability at this pivotal time.”
The 100 Best Corporate Citizens methodology is set by 3BL Media and based on 141 ESG transparency and performance factors across eight pillars: Climate Change; Employee Relations; Environment; ESG Performance; Finance; Governance; Human Rights; Stakeholders and Society. Due to timing, no corporate responses to COVID-19 were included.
“We believe the ESG factors considered for 100 Best Corporate Citizens are the foundation for a just response to COVID-19 and addressing systemic racism,” continued Armon. “Looking ahead to the 2021 methodology, we will incorporate additional factors that address key issues exposed during the pandemic and Black Lives Matter movement and are in conversation with our community to provide feedback.”
To compile the ranking, data and information is obtained from public sources only, rather than questionnaires or company submissions. Research is conducted by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. There is no fee or costs for companies to be assessed or to verify research by ISS ESG.