Today, Trust Across America™ (TAA) (www.trustacrossamerica.com) announced the results of their audit of almost 3000 public companies and named Hess (www.hess.com ) as the Most Trustworthy Public Company for 2010. Barbara Kimmel, Co-founder of Trust Across America states that “While no company received a perfect score, Hess came out on top.”
The audit incorporates over 500 data points with respect to five key corporate indicators of trustworthy business behavior: Financial stability and strength, Accounting conservativeness, Corporate integrity, Transparency, and Sustainability, aptly called FACTS™.
The model was developed in collaboration with two Harvard MBA’s and a leading PhD quantitative analyst. The audit process, which took almost two years to complete, is “the most holistic and comprehensive trust “health” checkup for public companies,” according to its founders.
A statement on the Hess website indicates that the company has “six core values that represent its collective conscience and embed them in their organization: Integrity, People, Performance, Value Creation, Social Responsibility and Independent Spirit. Their business is “built on long standing relationships founded on trust.”
The companies that ranked among the “Top Ten” embed trustworthy business behavior in their corporate culture. They are listed below in alphabetical order.
Albemarle www.albemarle.com
Best Buy www.bby.com
Cummins www.cummins.com
Eastman Chemical www.eastman.com
Hess www.hess.com
Lexmark www.lexmark.com
Lubrizol www.lubrizol.com
Sonoco Products www.sonoco.com
Texas Instruments www.ti.com
USANA www.usana.com
Trust Across America™ (TAA) is a program of Next Decade, Inc., an award-winning firm that has been unraveling and simplifying complex subjects for over 20 years. TAA provides a framework for public companies to improve trustworthy business practices, as well as media opportunities to highlight companies that are exhibiting high levels of trust and integrity.
Contact: For more information contact Barbara Kimmel, Executive Director, Trust Across America barbara@trustacrossamerica.com or simply hit reply.
Recent Comments