TI Selected as 2014 '100 Best Corporate Citizens'
Published2014.05.08 11:12TI Korea (CEO Kent Chon, www.ti.com/ww/kr) May 8, 2014 – TI (CEO Kent Chon) has been selected as one of the world's 100 Best Corporate Citizens in 2014, as announced by the U.S. 'CR (Corporate Responsibility) Magazine'. TI improved its ranking from 38th place last year to 31st place this year, and has achieved the honor of being selected for the ranking for 12 consecutive years.
Trisha Cunningham, Chief Citizenship Officer of TI, stated, "TI is extremely honored to be selected again in this prestigious ranking this year. Being included in this list reflects that TI and our employees have worked dedicatedly toward high ethical standards, environmental responsibility, and social contribution." She added, "TI understands the needs of shareholders, customers, employees, and suppliers, and is making every effort to achieve continuous improvement."
The '100 Best Corporate Citizens' selection identifies companies that have achieved outstanding accomplishments across seven categories: environment, climate change, labor-management relations, human rights, corporate governance, finance, and corporate philosophy, among publicly traded companies. Companies are evaluated across 298 items based on information disclosed by influential U.S. public companies listed on the Russell 1000 Index, the representative U.S. index. This evaluation methodology is determined by the Score and Ranking Committee of the CROA (Corporate Responsibility Officers Association).
The '100 Best Corporate Citizens' ranking was first published in 1999 by Business Ethics Magazine, and has been operated by CR Magazine since 2007. This report analyzes companies based on data collected from publicly available sources, including websites and sustainability reports.
TI provides detailed annual reports on its citizenship performance at www.ti.com/ccr, and recently launched a new citizenship website at www.ti.com/citizenship. The 2013 Citizenship Report is scheduled to be released in May.
The complete '100 Best Corporate Citizens' ranking can be found at www.thecro.com.
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