/PRNewswire-FirstCall/ -- Aflac Incorporated was named to Corporate Responsibility Officer (CRO) magazine's list of 100 Best Corporate Citizens for 2009. The survey ranks Russell 1000(R) companies on their performance in seven key areas: environment, climate change, human rights, philanthropy, employee relations, financial and governance. Aflac was tied for first place with several other companies under the category of corporate governance. The full list was announced on Friday, March 6, and will appear in the next issue of the magazine.
The 2009 100 Best Corporate Citizens List(R) methodology is based solely on publicly-available data, putting a premium on companies with high levels of public disclosure and transparency. All members of the Russell 1000 Index were considered for the honor.
"At Aflac we believe that transparency with shareholders and the public is good for business," Aflac Chairman and CEO Dan Amos said. "We are proud to receive this recognition, which focuses on our company's enthusiasm for disclosing information and demonstrating strong corporate ethics."
"In good times, checkbook citizenship can win the day. But in tough times, strong reputations and transparency pack as much punch as a strong balance sheet. In today's deep recession, human capital and financial capital seek safety -- and companies like Aflac that are on the 100 Best Corporate Citizens List(R) are today's safest harbors," said CRO magazine publisher Jay Whitehead.
The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000(R) Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current index membership.
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Tuesday, March 10, 2009
Aflac Lands on List of 100 Best Corporate Citizens
Posted by Georgia Front Page.com at 8:02 PM
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