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Article

25 Apr 2006

Author:
Sam Bond, Edie

Japanese giants lead the CSR pack

An analysis of the corporate and social policies of leaders of the electronics and semiconductor industries has placed Japanese firms in the top two slots, followed by companies from the USA and Europe...Standing head and shoulders above the competition as the only company to warrant an A+ grade was Hitachi, followed by another Japanese giant, Matsushita. Two American companies, Applied Materials and Intel, were also awarded A grades, as was Dutch firm Royal Philips Electronics. Familiar household names from the Far East such as Sony, Samsung, Sharp, Toshiba, Sanyo and Sweden's Electrolux were all within the respectable B bracket while the D grades were mainly reserved for companies from the USA. The only grade lower than a D given out by the centre was an appalling F, reserved for Taiwanese company Hon Hai Precision Industries. The results take into account how well the companies meet social and environmental criteria in terms of transparent reporting, stated policy and its implementation. As might be expected intention far outweighs action...