Grading Companies

www.cfrib.org While the Council on Economic Priorities (CEP) may not garner as much splashy press coverage as rock-throwing demonstrators, it plays a critical role in shaping the future of corporate governance. Since 1969, the New York-based nongovernmental organization has provided accurate, impartial analyses of corporations’ social and environmental records. CEP grades companies according to seven ...

www.cfrib.org

www.cfrib.org

While the Council on Economic Priorities (CEP) may not garner as much splashy press coverage as rock-throwing demonstrators, it plays a critical role in shaping the future of corporate governance. Since 1969, the New York-based nongovernmental organization has provided accurate, impartial analyses of corporations’ social and environmental records. CEP grades companies according to seven indicators — disclosure, environment, minorities’ advancement, women’s advancement, workplace, family benefits, and charitable giving — and publishes these in the "Corporate Responsibility Reporter" on their Web site and in their popular publication Shopping for a Better World, which has reached nearly 1 million people over its lifetime.

CEP recently changed its name to the Center for Responsibility in Business and launched a new Web site, www.cfrib.org. The center hopes to increase its Web hits from the current 50,000 per year as part of its goal to reach 15 million consumers. Visitors to the new site can read articles highlighting topics and companies of the week and vote in weekly surveys. Through a ticker-style "Did you know?" feature, readers can see snippets from researchers in the field: for example, how much the Bush administration has reduced the Energy Department’s budget, or a comparison of the amount of energy used to make new and recycled paper. New features, including special sections for students, parents and children, and senior citizens, will be functional on the site within the next year.

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