Eaton Places Fourth Among “100 Best Corporate Citizens” of Corporate Responsibility Magazine; Ranks in Top 50 for the Sixth Consecutive Year

Date: 2013/5/02

Diversified industrial manufacturer Eaton today announced that it has been named one of Corporate Responsibility (CR) Magazine’s “100 Best Corporate Citizens”, ranking in the top 50 for the sixth consecutive year. Eaton is ranked fourth overall, up from 17th in 2012.

“We are pleased to be recognized among our peers for our commitment to responsible corporate citizenry.” said Alexander M. Cutler, Eaton chairman and chief executive officer. “We live our values every day and want to be seen as a most-admired company among our customers, shareholders and employees, as well as in the communities where we live and work.”

CR ranked companies for their performance in environment, climate change, human rights, employee relations, corporate governance, philanthropy and financial performance. Eaton was fourth behind AT&T, which ranked first, and then Mattel and Bristol-Myers Squibb.

“We are pleased to honor the companies on this year’s Best List, as they represent a tried and true standard of transparency,” said Dirk Olin, editor-in-chief and publisher, CR Magazine. “Across environmental, economic, and social values, these firms continue to set the bar high.”

Eaton has received widespread recognition for responsible business practices; recent honors include:

  • Ranked among Fortune Magazine’s World’s Most Admired Companies
  • Named to Carbon Disclosure Project’s 2012, Performance and Disclosure Leadership Index
  • Ranked among world’s top sustainability performers in NASDAQ Global Sustainability 50 Index
  • One of Ethisphere’s World’s Most Ethical Companies, 2007 - 2013

CR and IW Financial, a Portland, Maine-based research firm, reviewed the most influential U.S. public companies, drawn predominantly from the Russell 1000 Index and evaluated them in the seven categories. The category rankings were weighted and averaged to determine CR's “100 Best Corporate Citizens.”