Trust Across America names 2011 Top 10 Most Trustworthy Public Companies

Earlier this month Trust Across America named the Top 10 Most Trustworthy Public Companies for 2011. This is the second annual study done, which analyzes almost 2,500 public companies – this year’s winner is Smithfield Foods.

The study analyzes more than 200 data points in regard to five key indicators of trustworthy business behavior: financial stability and strength, accounting conservativeness, corporate integrity, transparency and sustainability – which form the acronym, FACTS™. Companies who are analyzed do not participate in the process. The founders of this framework maintain this is the most holistic and comprehensive trust ‘health checkup’ for public companies.

The Top 10 companies for 2011 are:

  1. Smithfield Foods
  2. Xcel Energy
  3. Nike, Inc.
  4. Dole Food Company
  5. Advanced Micro Devices
  6. Allergan
  7. Temple-Inland
  8. Herman Miller
  9. Texas Instruments
  10. Lexmark International

Texas Instruments and Lexmark International have been in the Top 10 for two years in a row. Executive Director Barbara Kimmel had this to say about this year’s study: “There is lots of work to be done for those companies choosing to make trust a high priority. No company is perfect, nor did any receive a score of “100.” In fact, even the top ranked companies did not break 90. But we were pleased to see the average score rise this year from 2010.”

To read the full article please click here. Do you agree with this year’s Top 10 list? Do you think there are companies missing that should have made the Top 10? Discuss!

Cleveland ignites economy with new construction projects

Today the New York Times ran an article that highlights our great City of Cleveland and all the exciting construction projects ahead. Most notably, the relocation of the Museum of Contemporary Art (MOCA) to University Circle, near Little Italy, Case Western Reserve University, the Cleveland Museum of Art and University Hospitals. In addition, the Greater Cleveland Regional Transit Authority (RTA) just won a $12.5million grant to relocate a Rapid Transit station near the new MOCA.

The Times article begins by acknowledging the population decrease since 1950, and most dramatically in the last decade. However, in recent years the city government and RTA have rallied the big name players in Cleveland to develop and rebuild the city in accordance with the new urban market trends of the 21st century: health care (Cleveland Clinic and University Hospitals), higher education (Cleveland State University and Case Western Reserve University), entertainment (Playhouse Square District and Professional Sports), good food (E. 4th Street and the West End), new housing (University Circle and the Euclid Corridor) and expanded mass transit (RTA’s Rapid Transit and HealthLine).

The article specifically cites the revitalization of the Uptown area, where the $27million MOCA (designed by Farshid Moussavi) is being built. A pedestrian plaza designed by James Corner Field Operations (of the High Line elevated park in NYC) separates MOCA from two, four-story, mixed-use residential buildings under construction on the north and south sides of Euclid Avenue.

The south building will have 70 rental apartments, as well as restaurant and retail space. The north building will have 44 rental apartments, a bookstore and a grocery store, as well as additional retail space. The grocery store will be a much-needed amenity as one is not close by.

To get people to and from the arts district (that included Severance Hall, home of the world-renowned Cleveland Orchestra), the RTA plans to move two existing rail stops on the 19-mile Red Line, one of which is the aforementioned station near the new MOCA.

In essence, the Uptown area will be a new downtown for the University Circle neighborhood. CASE, University Hospitals, the Cleveland Museum of Art, the Cleveland Institute of Art, the Cleveland Institute of Music, Cleveland Clinic, Severance Hall and the Cleveland Orchestra, the Museum of Natural History and Little Italy are all within walking distance of this new downtown area.

These institutions form a distinct economic microclimate that has fostered the highest growth in job numbers, income and residents. “There are 5,000 more jobs here than in 2005,” said Chris Ronayne, and urban planner and president of University Circle, Inc. Further, by measure of civic energy and interest, Uptown looks to be a success. The one bedroom, one bath apartments will go on the market for $1,500/month in January.

Other new projects in the area include a planned $26million Marriott Hotel just down Euclid on Cornell Ave and a $30million addition to the Institute of Art.

This is no doubt exciting news for the City and we’re so proud to call Cleveland home. What are your thoughts on urban development and revitalization? Is it worth the investment? We certainly think it is, but we want to hear your thoughts. Discuss!

Register now for our webinar on PACE Financing

As part of our ongoing webinar series, the US Business Council for Sustainable Development, in partnership with BrownFlynn, is pleased to bring you a unique, FREE webinar on the topic of Property Assessed Clean Energy (PACE) financing.  PACE financing is an innovative funding mechanism that allows companies to finance energy-efficient and renewable energy improvements on commercial and industrial facilities with 100% private capital.  This removes the barriers that often stall energy efficiency improvement projects: high up-front capital costs and return on investment hurdles.  This webinar will introduce the PACE financing process, key benefits and key players.

Learn from PACE experts on:
• PACE financing background and basics;
• Key advantages and benefits of financing energy efficiency retrofits through PACE; and
• How leading American corporations, NGOs, cities and counties can access immediately available and sustainable financing to launch a PACE program.

Featured panelists include:
• Steve Alexander, City Manager of Cutler Bay, Florida, and “Green Corridor” PACE District Manager in Miami-Dade County, Florida
• David Leff, Corporate Manager of EHS & Security, Worthington Industries
• John Rhow, Vice President, Barclays Capital
• Alan Strachan, Vice President, Ygrene Energy Fund, Inc.

Moderator:
• Alan Strachan, Vice President, Ygrene Energy Fund, Inc.

Continuing our commitment to share knowledge and best practices around sustainability, this webinar will introduce an actionable mechanism to transition your energy efficiency and sustainability goals into real world facility improvements.  Those interested in more detail on PACE financing should also consider joining us in Tucson, Arizona, on October 17-18 at the US BCSD Fall Meeting, which features a PACE Financing Marketplace workshop.

To register please click here.

Keynote Speaker Ray Anderson at October Conference

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Our Keynote Speaker of the “Leading the Future of Sustainability: Implementing the Global Reporting Initiative (GRI) Framework” conference at Valparaiso University (Valparaiso, Indiana) on October 23-25th:

Ray C. Anderson, Founder and Chairman (CEO for the first 28 years) of Interface, Inc.–the world’s largest manufacturer of modular floor coverings and a billion-dollar company–has been named “the greenest chief executive in America.” Anderson, an industrial engineer and honors graduate of the Georgia Institute of Technology, currently holds eight honorary doctorate degrees. In 1973, he established Interface after working at various positions for Deering-Millken and Callaway Mills. Over two decades later, Anderson made a commitment to steer his company towards a zero emission manufacturing and processing endeavor to eliminate the negative impact upon the environment by year 2020, primarily through the use of new sources of energy and materials.

Anderson’s mid-course change in direction demonstrates his unique ability to embrace environmental preservation efforts without forfeiting profit-making. While the 20th century Industrial Revolution generated dramatic growth, it did so with insidious consequences. Anderson has made the bold choice “to pioneer the next Industrial Revolution that is kinder and gentler to the earth,” serving as an example to numerous business organizations.

Register now to see Ray Anderson in person!