New Report Grades Sustainability Reporting of California Companies
Roberts Environmental Center gives top marks to Chevron, fails Google
CLAREMONT, Calif., June 18 /PRNewswire/ -- The Roberts Environmental
Center of Claremont McKenna College today released a detailed analysis of
the social responsibility reporting efforts of California's top
corporations. Titled "Analysis of Sustainability Reporting of Fortune
Companies in California," the report contains a compilation of Pacific
Sustainability Index scores evaluating the environmental and social
reporting of all California companies on the 2006 Fortune 1000 list.
The report scores companies based on the reporting, intent and
performance of environmental and social sustainability efforts. The
research found that companies such as Chevron, Hewlett-Packard and Walt
Disney widely publicized their socially beneficial actions on their Web
sites while noted socially conscious companies such as eBay, Google and
Apple rarely mentioned the subject, if at all.
"We were surprised to see companies like Google with such low scores
while many of the oil companies scored quite high," said J. Emil Morhardt,
Director of Roberts Environmental Center. "It's a lot like the tree falling
in the forest conundrum -- companies that perform admirably, but don't
communicate their efforts get the same scores as companies that don't even
think about these issues. We hope this report encourages socially
responsible companies to be more vocal about their efforts while
encouraging companies that have not addressed sustainability issues to step
up."
To create the report's rankings, Professor Morhardt and his team
evaluated each California based Fortune 1000 company's Web site using the
Pacific Sustainability Index. The index uses a general systematic
questionnaire to analyze the quality of sustainability reporting. The
selection of questions was based on the most frequently-mentioned topics in
over 900 corporate sustainability reports analyzed from 2002 through 2007
at the Roberts Environmental Center. The company's grades were assigned on
a grading curve, giving an A+ to the highest scoring company in each
sector.
"How businesses address issues of sustainability in the information age
is critical," continued Morhardt. "The report is completely unique in that
the grades are based solely on how these companies tell the public about
themselves through their Web sites. I believe these rankings will compel a
lot of companies to reevaluate how they position themselves in their
external communications."
The detailed analyses also reveal what social and environmental themes
these companies perceive to be most important to the American public today.
Researchers noted Web site content patterns to determine the most
frequently reported topics. Companies with environmental achievements
tended to tout their accountability and energy efficiency efforts while
socially responsible businesses highlighted their superior policies and
care for human rights.
To view the complete report, visit:
http://www.roberts.cmc.edu/PSI/SectorReports.asp
About Roberts Environmental Center
The Roberts Environmental Center is an environmental research institute
at Claremont McKenna College (CMC) in Claremont, CA. Its mission is to
provide students of all the Claremont colleges with a comprehensive and
realistic understanding of today's environmental issues and the ways in
which they are being and can be resolved. The Center strives to identify,
publicize and encourage policies and practices that achieve economic and
social goals in the most environmentally benign and protective manner.
"Fortune Companies in California Analysis" Scoring Summary:
Highest Overall Scores:
Chevron
Cisco Systems
Advanced Micro Devices, Inc.
Highest Environmental Reporting Scores:
Applied Materials, Inc.
Advanced Micro Devices, Inc.
Walt Disney
Highest Social Reporting Scores:
Chevron
Advanced Micro Devices, Inc.
Cisco Systems
Intel
Lowest Overall Scores:
Google
VeriSign
Intuit
Pacer International
Ross Stores Inc.
SOURCE Claremont McKenna College
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