SAINT PAUL, MINN.—Ecolab Inc. once again has been ranked in the 2007 CRO Magazine (formerly Business Ethics Magazine) annual list of the 100 Best Corporate Citizens, one of only 11 companies to make the list for eight consecutive years.
“We are honored that Ecolab has been consistently recognized as one of America’s 100 Best Corporate Citizens,” says Douglas M. Baker, Jr., Ecolab Chairman, President and CEO. “We value and expect good business results, and we also value how we achieve those results. We believe doing the right thing and driving great financial results are interlinked. Our goal as a company is to deliver great results year after year. To do this, we must continually reinvest in both our company and society’s foundations, as well as seek ways to leverage them. We appreciate that CRO Magazine recognizes our efforts.”
The 100 Best Corporate Citizens list, published in the spring 2007 issue of CRO Magazine, ranks a company’s best practices in the area of corporate social responsibility based on eight criteria, which include diversity, community, governance, shareholders and the environment.
The 100 Best Corporate Citizens list is compiled using data from Socrates, the online social research database created by Boston’s KLD Research & Analytics, an independent research firm serving investment management professionals, to put a numerical rating on companies’ service to various stakeholders. Companies considered for the list are on the Russell 1000, the S&P 500, and KLD’s Domini 400 Social Index. Scores are based on KLD’s “assessment of strengths and concerns demonstrated in each category.”
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