ITT ranks in top 10 of CRO Magazine's '100 Best Corporate Citizens' List
February 25 2008 - 10:00AM
Business Wire
ITT Corporation has been named number nine on CRO Magazine�s list
of �100 Best Corporate Citizens.� The annual ranking evaluates more
than 1,100 large U.S. public companies, drawn predominantly from
the Russell 1000 Index, in eight key categories: environment,
climate change, human rights, employee relations, corporate
governance, lobbying, philanthropy and financial performance. CRO
Magazine, which exists to meet the needs of corporate
responsibility officers, has for the last nine years published the
�100 Best Corporate Citizens� list. �The 100 Best distinguish
themselves from other large public companies by embracing high
standards and combining strong financial performance with
responsible practices on environmental and social issues,� said
Michael Connor, publisher and editor of CRO Magazine. �We salute
the 100 Best for their leadership roles in the area of corporate
responsibility.� Joining ITT in the top 10 of the �100 Best
Corporate Citizens� list was Intel (No. 1), Eaton (No. 2), Nike
(No. 3), Deere & Co. (No. 4), Genentech (No. 5), Corning (No.
6), Humana (No. 7), Bank of America (No. 8), and PG&E (No. 10).
CRO Magazine worked with IW Financial, a Portland, Maine-based
research firm to develop the rankings. IW Financial relied on data
from a number of sources including company financial disclosures,
sustainability and citizenship reports, websites, EPA databases,
and a number of other sources as part of its standard research
processes. More details regarding the �100 Best Corporate Citizens�
list are available on the CRO Web site at www.thecro.com. About ITT
Corporation ITT Corporation (www.itt.com) is a diversified
high-technology engineering and manufacturing company dedicated to
creating more livable environments, enabling communications and
providing protection and safety. The company plays an important
role in vital markets including water and fluids management, global
defense and security, and motion and flow control. ITT employs
approximately 40,000 people serving customers in more than 50
countries. Headquartered in White Plains, N.Y., the company
generated $9 billion in 2007 sales.
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