Applied recognized in CR Magazine’s 13th Annual 100 Best Corporate Citizens List
I’m honored to announce that Applied Materials was once again recognized in Corporate Responsibility Magazine’s annual 100 Best Corporate Citizens List, one of the world’s top corporate responsibility rankings.
This marks the 10th year the company has placed on the prestigious list, a significant achievement that I am pleased to share with employees, as it reflects Applied’s long-standing commitment to improve the way people live across every aspect of our business – from the health and well-being of our employees and their communities to growing profitably and sustaining business in an environmentally and socially responsible manner. It is our employees’ ideas, actions and ingenuity that are shaping the future and enabling Applied to serve as a model of global corporate citizenship.
“Although Applied Materials was particularly strong in human rights and philanthropy, the company’s greatest strength was the breadth of its transparency,” said Dirk Olin, Vice President, Editorial Director for SHAREDXPERTISE, the publisher of CR Magazine. “You don't rank in the top 10-percent of America's most transparent large-cap companies without performing across a variety of categories, and Applied Materials did just that. Impressive.”
Recent corporate responsibility efforts from Applied include:
- Applied’s solar business generated nearly $2 billion in revenue in 2011
- For 2011, Applied’s solar cell manufacturing and wafering equipment collectively added more than 30 gigawatts of capacity to the solar photovoltaic industry
- Applied achieved an absolute reduction in the company’s CO2 footprint (direct and indirect energy consumption) of more than 44,000 metric tons, representing a 21% decrease from our 2006 baseline. This is equivalent to taking more than 8,600 cars off the road.
- During that same period the company reduced its water consumption by 9% and more than 40 million gallons annually, the equivalent of 60 Olympic-sized swimming pools.
- Applied’s 2011 employee Food Drive raised a record $1.2 million enabling 2.4 million meals through 34 food banks across the country
- In collaboration with the National Science Teachers Association (NSTA), Applied launched the innovative Clean Tech Competition in two global centers of innovation – SF Bay Area and Xian, China – attracting top high school students who designed clean tech solar solutions to benefit humanity.
The 100 Best Corporate Citizens List ranks Russell 1000 companies based on publicly-available information spanning performance across 7 key areas, including climate change, employee relations, environmental, financial, governance, human rights, and philanthropy. For more on the list’s methodology, click here.
As Head of Corporate Responsibility & Sustainability, I am proud to work at a company that is regularly recognized on FORTUNE magazine’s annual “World’s Most Admired Companies” list among the top companies in the semiconductor industry and was recently named to Ethisphere Institute’s 2012 list of the World’s Most Ethical Companies.
If you’re interested in learning more about Applied Materials’ corporate citizenship, I encourage you to visit the company’s latest citizenship report at http://www.appliedmaterials.com/about/cr.