Pitney Bowes Named to '100 Best Corporate Citizens' List
28 4월 2006 - 3:07AM
PR Newswire (US)
Pitney Bowes Earns Honor for Seven Years Running STAMFORD, Conn.,
April 27 /PRNewswire/ -- Business Ethics, the magazine of corporate
responsibility, today announced that Pitney Bowes has been named
one of the "100 Best Corporate Citizens" for the seventh year in a
row. The survey is nationally recognized as an indicator of best
practices in corporate social responsibility. Only 16 of the 100
firms on the list have been named all seven years. In addition,
Pitney Bowes has moved up the ranks considerably in the 2006 survey
-- from 33rd in 2005 to 15th in 2006. "Pitney Bowes is one of only
16 companies that have been on our list for each of the seven years
we have published it. That's a remarkable achievement worthy of our
congratulations," said Michael Connor, Publisher and Executive
Editor of Business Ethics. "We are honored once again to be
included in the "100 Best Corporate Citizens" list this year," said
Michael J. Critelli, the Chairman and CEO of Pitney Bowes. "We
appreciate this award more than most because of our global focus on
corporate citizenship. Our strategic development of diversity,
community affairs, governance and employee relations are at the
core of our business success." The growing interest in the Business
Ethics honor roll is driven by several factors, including increased
government regulation (e.g., Sarbanes- Oxley Act) in the wake of
corporate scandals; a growing sense in the corporate community that
ethical behavior has become a prerequisite to effective stakeholder
relations; and new evidence that responsible companies often carry
lower risk and are better positioned for long-term performance than
their peers. The universe of companies considered for the list
encompasses U.S. firms in the Russell 1000, the S&P 500, and
KLD's Domini 400 Social Index. These firms are ranked on their
performance in eight stakeholder categories: shareholders,
community, governance, diversity, employees, environment, human
rights, and product. Social scores use KLD's assessment of
"strengths" and "concerns" demonstrated in each category. The
shareholder score is based on the three-year average total return
(stock appreciation plus dividends) through year-end 2005. Pitney
Bowes provides the world's most comprehensive suite of mailstream
software, hardware, services and solutions to help companies manage
their flow of mail, documents and packages to improve
communication. Pitney Bowes, with $5.6 billion in annual revenue,
takes an all-inclusive view of its customers' operations, helping
organizations of all sizes enjoy the competitive advantage that
comes from an optimized mailstream. The company's 86 years of
technological leadership have produced many major mailstream
innovations, and it is consistently on the Intellectual Property
Owners Association's list of top U.S. patent holders. With
approximately 34,000 employees worldwide, Pitney Bowes serves more
than 2 million businesses through direct and dealer operations.
More information about the company can be found at
http://www.pb.com/. Contact: Peter Kerr Pitney Bowes Inc. 203 351
6350 DATASOURCE: Pitney Bowes Inc. CONTACT: Peter Kerr, Pitney
Bowes Inc., +1-203-351-6350, Web site: http://www.pb.com/
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