Who Are the Tri –State’s Most Trustworthy Public Companies?
Even though trust in corporations is dropping nationwide, many companies in the Tri-State area exhibit high levels of trustworthy behavior and many are surging ahead of the S&P as America recovers from its most recent recession. According to Trust Across America (TAA), the Tri-State area’s most trustworthy companies are:
New York:
Gold- Hess Corporation
Silver- Transatlantic Holdings Inc.
Bronze- Avon Products, Inc.
For more details: tinyurl.com/4bn6zn3
New Jersey:
Gold- Prudential Financial, Inc.
Silver- Cytec Industries Inc.
Bronze- Sealed Air Corporation
For more details: tinyurl.com/5t5cxlw
Connecticut:
Gold- Praxair
Silver- Rockville Financial
Bronze- United Technologies
For more details: tinyurl.com/65ekk43
Trust Across America shines the spotlight on world-class companies exhibiting high levels of trustworthy business behavior, while providing a roadmap for other organizations to follow. Although trust was difficult to accurately measure in the past, TAA has compiled a composite set of trust metrics and worked closely with organizations that measure them. The result is a new model called FACTS™, an acronym that stands for Financial stability and strength, Accounting conservativeness, Corporate integrity, Transparency, and Sustainability, with each factor evenly weighted. The power of this model is that it is objective, quantitative, and rich in independent metrics.
Barbara Kimmel, Executive Director of Trust Across America states: “There are no perfect companies. However, many companies have touted themselves as trustworthy and have been given a free ride because corporate America has lacked a definition of trust and tools to measure it. Our data can see through the smoke and mirrors.”
So while the news continues to be filled with surveys showing that consumer and investor mistrust of business is rising, we can now focus on the companies that are working hard to earn the public’s trust. As a result, consumers can now choose to do business with these trustworthy companies, while investors have an added level of protection from the next corporate scandal.
Trust Across America is a program of Next Decade, Inc., an award-winning firm that has been unraveling and simplifying complex business subjects for over 20 years. TAA provides a framework for public companies to improve trustworthy business practices, as well as showcasing role models that are exhibiting high levels of trust and integrity.
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