‘CR Magazine’ Names Best Corporate Citizens

Topping Corporate Responsibility Magazine‘s 12th annual “100 Best Corporate Citizens List” (released today) is Johnson Controls, the industry and technology company based in Wisconsin. The company went from number 22 in 2009 to the top of the list for 2010.

CR determines its best corporate citizens based on their activity in seven areas: the environment, climate change, employee relations, human rights, finance, philanthropy, and government. Overall, companies scored better this year over last.

Rounding out the top five are Campbell Soup, International Business Machines (IBM), Bristol-Myers Squibb, and Mattel. CR also notes those who are under investigation or have a judgment against them from a legal or regulatory body, which excludes that company from the list for the following three years.

Companies with a yellow card this year include 3M, number six on the list, which has been sued by the state of Minnesota for water contamination, and JPMorgan Chase, which has been sued by the Bernard Madoff trustee for $6.4 billion.

Red carded companies include Allergan, which pleaded guilty in September to charges related to the branding of Botox, and ExxonMobil which was found guilty of water contamination in New York City and must pay more than $104 million in damages.