BATON ROUGE, La., April 22, 2013 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leading provider of innovative and sustainable specialty chemical solutions, has been selected as one of Corporate Responsibility Magazine's "100 Best Corporate Citizens" for 2013. This is the third year that Albemarle has been named to this prestigious list, which is widely accepted as the world's most respected corporate responsibility ranking and one of the top three most important business rankings in the United States.
The 100 Best Corporate Citizens List is compiled from scores based on seven different categories including climate change, employee relations, environment, financial, governance, human rights and philanthropy.
"At Albemarle, being a responsible corporate citizen means that we are meeting the demands of our stakeholders today while also preparing to meet what will be the increased expectations of those stakeholders in the future," said Luke Kissam, chief executive officer of Albemarle. "Our more than 4,000 global employees put their ideas and innovations to work every day to meet the needs of our customers in over 100 countries. And, they do this while staying true to our core sustainability principles of operating safely, lessening our environmental footprint, nurturing and developing fellow employees and enhancing the communities where we live, work and raise our families. Albemarle's ability to do these things while delivering solid returns to our shareholders is proof that we are running our business the right way, and we are honored to have been recognized for our efforts."
About the 100 Best Corporate Citizens List
Companies appearing on the 100 Best Corporate Citizens List are selected from among the large-cap Russell 1000 companies, based on data provided by leading environmental, social and governance investor data firm, IW Financial. The open and transparent methodology of the list is governed by a Methodology Committee of the Corporate Responsibility Officers Association (CROA) and is made available publicly at http://www.thecro.com. The 100 Best List was first published in 1999 in Business Ethics Magazine and has been managed by the Corporate Responsibility Officers Association and Corporate Responsibility Magazine since 2007.
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer, and marketer of highly-engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. The Company is committed to global sustainability and is advancing its eco-practices and solutions in its three business segments, Polymer Solutions, Catalysts and Fine Chemistry. Corporate Responsibility Magazine selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2010, 2011 and 2013. Albemarle employs approximately 4,300 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings, and other information regarding the Company, its businesses and the markets we serve.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.