After some recent bad news about rating downgrades and falling shares, Aflac has something to celebrate—being named to Corporate Responsibility Officer magazine's list of 100 Best Corporate Citizens for 2009. The survey ranks Russell 1000 companies on their performance in seven key areas: environment, climate change, human rights, philanthropy, employee relations, financial and governance. Aflac was tied for first place with several other companies under the category of corporate governance.
The 2009 100 Best Corporate Citizens List methodology is based solely on publicly available data, putting a premium on companies with high levels of public disclosure and transparency. All members of the Russell 1000 Index, which measures the performance of the large-cap segment of the U.S. equity universe, were considered for the honor.
"At Aflac, we believe that transparency with shareholders and the public is good for business," Aflac Chairman and CEO Dan Amos says. "We are proud to receive this recognition, which focuses on our company's enthusiasm for disclosing information and demonstrating strong corporate ethics."
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