Vodafone consistency brings ranking rewardDecember 2008
Vodafone has regained the top spot in the annual Accountability rating of the world’s 100 largest corporations. It was previously placed first in 2006.
The 2008 rating was compiled for a fifth year by the think tank AccountAbility and the consultancy Csrnetwork.
AccountAbility said the mobile phone group had performed consistently in many areas of corporate responsibility, including projects to use mobiles for widening access to banking and education among the rural poor, developing ‘e-waste’ facilities in emerging markets, and creating text-to-speech software for blind people.
Vodafone was also judged to be particularly good on stakeholder engagement, locally and globally, and especially on issues relating to the expansion of its mobile phone network infrastructure.
In descending order, the other companies in the top ten were: General Electric, HSBC, France Telecom, HBOS, Nokia, EDF, Suez, BP and Shell.
AccountAbility said the presence of three telecoms companies in the top ten suggests that the sector is doing well on allowing ‘excluded parts of the population to benefit from modern communication technology’.
The ratings are compiled from information given by the companies in four areas – strategy, governance and management, engagement, and ‘operational performance’.
Overall, businesses headquartered in Europe achieved the best scores. Asian companies, as last year, had a slight lead over the 31 based in the US.
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