In Business Ethics magazine's seventh annual survey of corporate social responsibility demonstrated by major U.S. businesses, Herman Miller is ranked No. 22 on the publication's list of "100 Best Corporate Citizens." The ranking, released on April 27, is published in the Spring 2006 issue of the magazine.
Herman Miller once again is the only company in its industry to appear on the "100 Best" listing, and is among only 16 companies to have been included on the "100 Best" list each of the seven years the survey has been published. It's also the highest-ranked Michigan company, joining Whirlpool (No. 49) and Kellogg (No. 55) on this year's list.
The survey, which rates qualifying companies on several measures of corporate governance, business performance and socially responsible practices, gave particularly high marks to Herman Miller for its environmental leadership and sustainable business practices, its commitment to inclusiveness and diversity and its products.
The universe of companies considered for the list encompasses U.S. firms in the Russell 1000, the S&P 500, and the Domini Social Index. These firms are ranked on service in eight stakeholder categories: shareholders, community, governance, diversity, employees, environment, human rights, and product. The "100 Best" list puts a numerical rating on service to these various stakeholders. It uses data from Socrates, the online social research database created by KLD Research & Analytics in Boston, an independent research firm serving investment management professionals.
Founded in 1987, Business Ethics magazine is the only U.S.-based business magazine focusing on ethics and corporate social responsibility.