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Tissue producer Kimberly-Clark named among top five of world's best corporate citizens

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Tissue producer Kimberly-Clark named among top five of world's best corporate citizens

March 04, 2010 - 22:09
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DALLAS, TX, March 5, 2010 (PRNewswire-FirstCall) -Kimberly-Clark Corporationwas recently recognized as one of the "Best Corporate Citizens" by Corporate Responsibility Magazine, for the second consecutive year. K-C, which ranked ninth in the 2009 listing, improved its score with a ranking of five, making it the top-rated non-food consumer products company on the magazine's 2010 list. The magazine will publish its 11th annual 100 Best Corporate Citizens list on March 9.

Kimberly-Clark increased its score in nearly every category of the report, ranking 11th in environment, 18th in human rights and tied for first in corporate governance. The magazine's "100 Best Corporate Citizens" list ranks companies in the Russell 1000 Index based on publicly available information in seven key categories: Environment, Climate Change, Human Rights, Philanthropy, Employee Relations, Finance and Governance.

"Our inclusion in this global best corporate citizens list is the result of the exceptional talent and collaboration of our more than 56,000 employees worldwide," said Suhas Apte, Vice President of Global Sustainability at Kimberly-Clark. "Being responsible stewards of the environment and positive contributors to our communities is an essential part of our culture at K-C. Receiving this recognition again with an improved rating this year is a testament to our continuous progress in the multiple facets of corporate responsibility."

The 100 Best Corporate Citizens list was first published in 1999 in Business Ethics Magazine, and has been managed by Corporate Responsibility Magazine (formerly CRO Magazine) since 2007. The list's open and transparent methodology is governed by a Methodology Committee of the Corporate Responsibility Officers Association (CROA).

"Company stakeholders from investors to customers to employees to regulators watch the 100 Best Corporate Citizens list closely, and are using it now more than ever to make important decisions," said Corporate Responsibility Magazine PublisherJay Whitehead. "That is why we are seeing leading companies focusing in greater numbers on their public reporting and performance."

Recently, Kimberly-Clark was recognized for the second time by the U.S. Environmental Protection Agency as a 2010 Energy Star Partner of the Year, citing the Company's leadership in energy management. In addition, K-C has led the personal product category of the Dow Jones Sustainability World Index (DJSI) for the fifth year in a row. Only the top 10 percent of the world's largest 2500 companies qualifies for this list, which is based on an evaluation of the economic, environmental and social performance of these companies.