EDF Energy, PwC and Unilever are among the companies to be awarded the ‘Platinum Plus’ ranking within Business in the Communities’ 2012 Corporate Responsibility Index. Organisations are recognised for demonstrating continual improvement in integrating corporate responsibility throughout their business operations. This is achieved with a systematic approach to managing, measuring and reporting on business impacts in society and on the environment.
In 2002, just 61 per cent of organisations integrated corporate responsibility into their overall strategy, compared to 90 per cent in 2012. Those companies awarded ‘Platinum Plus’ status have demonstrated that their business model and strategy deliver competitive advantage by connecting the material, economic, environmental and social issues affecting the business.
The Index provides four other rankings: Platinum, Gold, Silver and Bronze. Other companies making the list include Lloyds Banking Group, Siemens and Tesco. The CR Index 2012 saw 110 companies participate. Of these, 37 companies have made the Index every year for the 10 years that it has been running. Nearly half (45 per cent) of the respondents are FTSE listed and 56 per cent are multinationals reporting on global operations.