Citizens Advisers Releases Top Ten Corporate Citizens List.PORTSMOUTH, N.H. -- Socially responsible investing Socially responsible investing describes an investment strategy which combines the intentions to maximize both financial return and social good. In general, socially responsible investors favor corporate practices which are environmentally responsible, support workplace diversity, firm names environmentally progressive companies Today Citizens Advisers announced this year's Top Ten Corporate Citizens in Environmental Stewardship. The list is drawn from the Citizens Index, a broad-based index Broad-Based Index An index designed to reflect the movement of the entire market. The smallest broad-based index is the Dow Jones Industrial Average with 30 industrial stocks, and the largest is the Russell 300 Index. of 300 companies that have passed multiple screens for financial strength and corporate responsibility. "We were impressed by the range of environmental initiatives taken by this year's winners," said Citizens Advisers President Sophia Collier. "Environmental stewardship is not only the right thing to do, these companies know it's good for business. Hopefully their progressive and effective actions will inspire others to follow their lead." To provide a broad perspective, Citizens selected one representative from each sector it uses to classify investments: Consumer discretionary: Home Depot, Inc. (HD) Consumer staples Consumer Staples The industries that manufacture and sell food/beverages, tobacco, prescription drugs, and household products. Notes: Proctor and Gamble would be considered a consumer staple company because many of its products are household and food related. : Whole Foods Market Inc. (WFMI WFMI Whole Foods Market, Inc. ) Energy: BP Plc (BP) Financials: Citigroup Inc. (C) Health care: Zimmer Holdings Inc. (ZMH ZMH Zone Mail Hour (FIDOnet) ZMH 108 Mile Ranch (Canadian Airport code) ) Industrials: Masco Corp. (MAS) Information technology: Motorola Corp. (MOT) Materials: Sonoco (SON) Telecommunications services: Sprint Corp. (FON Fon People of southern Benin and adjacent parts of Togo. They speak a dialect of Gbe, a Kwa language of the Niger-Congo language family. Numbering about 3 million, the Fon are mainly farmers. ) Utilities: Calpine Corp. (CPN CPN Communist Party of Nepal CPN Commercial Property News CPN Civic Practices Network CPN Calling Party Number CPN Community Psychiatric Nurse (UK) CPN Cisco Powered Network CPN Connaitre et Proteger la Nature ) To get a snapshot of some of the noteworthy environmental activities pursued by the individual Top Ten Corporate Citizens, and to learn more about the Citizens Index, please visit www.citizensfunds.com/top_ten. The views expressed are exclusively those of Citizens Advisers, Inc. and are not meant as investment advice. The Citizens Index was created and is maintained by Citizens Advisers, Inc. About Citizens Advisers Citizens Advisers has been a recognized leader in responsible investing since its founding in 1982. Using a unique proprietary research process, Citizens' mission is to generate superior returns by investing in companies that are fundamentally strong and demonstrate good corporate citizenship. Serving the needs of institutional and individual investors as well as financial intermediaries, Citizens offers domestic and global equity, fixed-income and money market products. |
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