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Business Ethics declares Whirlpool, 'Best Corporate Citizen'
01 May '06
2 min read
Michigan based home appliances maker Whirlpool Corporation has been named one of the 100 best corporate citizens by Business Ethics magazine.
The company is one of only 16 companies named to the list each year since its inception seven years ago.
Business Ethics magazine released its annual survey of the "100 Best Corporate Citizens" in the Spring 2006 issue published April 27.
The closely watched survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility.
Honored to be named one of the 100 best corporate citizens, said Jeff M. Fettig, Whirlpool's Chairman and CEO.
Whirlpool has conducted business with integrity and extended a helping hand to people in times of need throughout 100-year history.
Company believes this recognition by Business Ethics magazine is a reflection of people, who personify values.
Seeking to put numerical ratings on service to these various stakeholder groups, the 100 Best Corporate Citizens list uses data provided by KLD Research & Analytics of Boston.
It employs statistical analysis to identify those major public U.S. companies that excel at serving a variety of stakeholders well, using eight measures of service: stockholders, community, governance, diversity, employees, environment, human rights, and product.
Each company then receives an overall score based on their scores in the eight different issue areas. More details regarding the 100 Best Corporate Citizens list are available on the Business Ethics web site at http://www.business-ethics.com/whats_new/100best.html.
The company is one of only 16 companies named to the list each year since its inception seven years ago.
Business Ethics magazine released its annual survey of the "100 Best Corporate Citizens" in the Spring 2006 issue published April 27.
The closely watched survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility.
Honored to be named one of the 100 best corporate citizens, said Jeff M. Fettig, Whirlpool's Chairman and CEO.
Whirlpool has conducted business with integrity and extended a helping hand to people in times of need throughout 100-year history.
Company believes this recognition by Business Ethics magazine is a reflection of people, who personify values.
Seeking to put numerical ratings on service to these various stakeholder groups, the 100 Best Corporate Citizens list uses data provided by KLD Research & Analytics of Boston.
It employs statistical analysis to identify those major public U.S. companies that excel at serving a variety of stakeholders well, using eight measures of service: stockholders, community, governance, diversity, employees, environment, human rights, and product.
Each company then receives an overall score based on their scores in the eight different issue areas. More details regarding the 100 Best Corporate Citizens list are available on the Business Ethics web site at http://www.business-ethics.com/whats_new/100best.html.
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