Sustainable and Responsible Investing is often summed up in "environmental" terms. And while environmental factors are clearly an important component of an SRI strategy, other measures of Corporate Social Responsibility, such as human rights or corporate governance, are often just as important.
Corporate Responsibility Magazine recently announced its 11th annual 100 Best Corporate Citizens List. This report is widely known as the world’s top corporate responsibility ranking based on publicly-available information and is recognized by PR Week as one of America’s top three most-important business rankings.
This list is surely not an all-inclusive universe of potential SRI portfolio holdings. In fact, this ranking only evaluates the largest US firms, leaving out many smaller companies who may have better overall records. Failings aside, the top-ranked firms on this list are a good start place for anyone asking the question, "What does a Sustainable or Responsible Investment look like?"
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