P&G Named One Of America’s Most Well-Managed Companies
Procter & Gamble has announced that it has been ranked as one of the seven most effectively managed companies in America by the Drucker Institute.
The ranking is determined by five dimensions of corporate performance - customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength.
The global FMCG giant emerged as one of the seven companies to score above the mean in all five categories.
Top Corporate Citizen
It has also been ranked as the eighth top corporate citizen in America by Forbes and JUST Capital - a nonprofit that ranks the largest, publicly traded corporations in the United States on the issues that Americans care about the most.
P&G's board chairman, president, and CEO, David Taylor, said, “Being a good corporate citizen is foundational to who we are as a company.
"We give back to communities where we live and work, start conversations that enable inclusion and equality and strive to do the right thing for the environment.”
The JUST Capital rankings take are based on comprehensive surveys conducted on public attitudes toward corporate behaviour, taking into account around 1,000 of the largest publicly-traded companies in the US.
The ranking compares companies head-to-head, based on their performance in environmental sustainability, treatment of employees, community support, product impact, and responsible sourcing efforts.
“America’s Most JUST Companies consistently outperform their peers in job creation, wages, work-life balance, environmental impact, and return on equity,” said Martin Whittaker, CEO of JUST Capital.
“Aligning corporate behaviour with the priorities of the American people is good for communities and good for business.”
According to Forbes, the JUST 100, is “a report card for corporate America, the 100 companies that are setting the standard in just behaviour; if more corporations follow their lead, short-term profits could translate into long-term wealth for more Americans.”
© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.