Ranking sustainable and responsible industry leaders
More and more companies are issuing ESG (environment, social and corporate governance) strategies and reports that are focused on "corporate responsibility."
This translates into corporations putting their best foot forward when it comes to environmental issues, giving back to communities, and fair hiring and promotion practices.
Essentially, a larger group of companies are providing transparency when it comes to saying they are not only running a great business but also being a good corporate citizen and neighbor.
A new list from Newsweek magazine ranks companies who have actually kept their word as they better their sustainability practices and treat customers and employees in a decent fashion.
The publication partnered with global research and data firm Statista for its fourth annual list of America's Most Responsible Companies. This year the list includes 500 of the U.S's largest public corporations.
Among the companies listed are some of the largest players in the home improvement retail and manufacturing industries.
Tractor Supply Company is among the companies that made the list and issued a statement regarding the achievement.
“At Tractor Supply, our culture is deeply rooted in our Mission and Values. These principles underpin our longstanding commitment to being responsible stewards of 'Life Out Here',” said Hal Lawton, president and CEO at Tractor Supply Company. “We are proud of the investments we have made in our team and communities. We strongly believe that this commitment has enabled us to deliver long-term sustainable value to our shareholders. It is an honor to receive this recognition.”
Here is a look at how companies in the home channel industry rank overall and in their individual industries, according to the study:
RETAIL:
- Lowe’s is ranked #63 overall and #1 in the retail category.
- The Home Depot ranks #152 overall and #5 in retail.
- Best Buy comes in at #175 overall and #6 in retail.
- Tractor Supply makes the list at #213 and #8 among retailers.
- The Container Store arrives at #488 and #17 in retail.
CAPTIAL GOODS:
- Armstrong World Industries is ranked #76 overall and #3 among manufacturers.
- Deere hits the list at #99 and #4 in the category.
- PotlatchDeltic is ranked at #120 and #5 within the grouping
- WW Grainger ranks at #122 overall and #6 in the category.
- Ingersoll Rand is listed at #149 and #13 in its field.
- Lennox International hits at #158 and #14.
- Stanley Black & Decker is ranked #177 and #17.
- Masco is listed at #182 and #18.
- Illinois Tool Works ranks #272 overall and #18 in the category.
- Caterpillar arrives at #295 and at #35 in this group.
- Simpson Manufacturing is ranked #306 overall and at #36 in the capital goods field.
- Masonite International is ranked #344 and at #40 in this group.
- Cornerstone Building Brands is at #462 overall and #46.
MATERIALS & CHEMICALS:
- Owens Corning is listed #24 overall and at #3 in the materials and chemicals category.
- Summit Materials ranks #82 among all companies and #11 in the category.
- Sherwin-Williams is ranked #92 overall and #13 among chemical producers.
- PPG Industries ranks at #114 among all companies and #16 within the category.
- Koppers is listed at #179 overall and at #20 among chemical and material suppliers.
- Scotts-Miracle Gro ranks at #325 and #38 in the category.
REAL ESTATE & HOUSING:
- KB Home is listed at #385 overall and at #27 in the housing and real estate category.
CONSUMER GOODS:
- Whirlpool Corporation is listed #3 overall and #2 in the consumer goods field.
HP, General Mills, and Whirlpool top the entire list. Click here to see the full listing of America’s Most Responsible Companies.
