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Article

6 Jun 2002

Author:
William Baue, SocialFunds.com

New Report Assesses the Status of Corporate Social Responsibility

Echo Research reports on how corporate social responsibility is increasingly important for global corporations, and rates how CSR is being incorporated into business practices -...Ford and BP topped Echo's CSR Perception Index for the second year in a row. IBM and GlaxoSmithKline rounded out the top four this year. Echo applauded Ford's "Time Budget" program, which encourages employees to advance CSR initiatives, and BP's integration of social reporting into its business model. IBM earned high ranking due to its promotion of education, while GlaxoSmithKline distinguished itself as the most prominent CSR practitioner in the pharmaceutical industry.