May 2008: Unilever achieves Platinum in BITC CR Index
The authoritative Corporate Responsibility (CR) Index published by Business in the Community (BITC) has ranked Unilever as a Platinum performing company.
A leader in the food sector
Unilever has been judged one of the most responsible food manufacturers in each of the six years the index has been produced. Unilever’s score of 95% in the 2007 Corporate Responsibility Index puts it in the top performing Platinum band, along with Scottish & Newcastle and Tesco.
The BITC Corporate Responsibility Index is a voluntary, business-led benchmark of responsible business practice. Companies are assessed on how effectively they address social and environmental issues – focusing on how they manage, measure and report their impact on society.
Companies are graded Platinum, Gold, Silver or Bronze according to their overall performance. Unilever’s performance was an improvement from 2006 when it achieved Gold banding.
The Index includes 129 companies, representing Britain's largest businesses (from the FTSE 350), some smaller BITC members, and sector leaders from the Dow Jones Sustainability Indexes.
Unilever scored top marks for placing corporate responsibility values at the core of its business strategy, and for its assurance process. It scored above average in the food producers sector for community, environment, marketplace and workplace management, and for integrating CR throughout the business.
Environment & workplace performance
Unilever also achieved Platinum banding in the eleventh Business in the Environment (BiE) Environment Index 2007. This associated index compares companies on their environmental management and performance in key impact areas. Unilever improved its score from 92% in 2006 to 97%. Unilever scored top marks for water consumption and above average marks for climate change and waste and resource management.
In a new initiative, the Workplace Index, Unilever scored 92% putting it in Gold banding. Unilever achieved above average marks for health, safety and well-being, and workplace diversity.
The UK’s Sunday Times published the results of the Corporate Responsibility Index 2007 as a 'Top 100 Companies that Count' ranking in May 2008.
In 2007 Unilever participated for the third time in BITC's Corporate Responsibility Index in Australia and New Zealand. Unilever achieved a Gold rating – the highest level – scoring gold stars for six out of seven categories.