“Just as with people, companies can be bad neighbors or good neighbors, grudging or generous, helpful or unhelpful to those around them,” wrote Nancy Cooper, Newsweek’s global editor in chief when making the announcement.
The 500 selected based on publicly available key performance indicators derived from corporate social responsibility reports, sustainability reports, and corporate citizenship reports, as well as an independent survey.
Those indicators focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility, according to UT’s press release.
“We’re honored to be recognized as one of America’s most responsible companies,” said Martine Rothblatt, Ph.D., UT’s chairperson and CEO. “Our inclusion on the list reflects our longstanding philosophy of operating responsibly for all our stakeholders while helping our patients live better lives.”
UT recently converted to a public benefit corporation, the first PBC conversion of a public biotech or pharmaceutical company.