Two Minnesota companies are in the top 10 when it comes to being transparent, responsible and accountable.
Hormel and Ecolab came in at No. 8 and No. 10, respectively, on Corporate Responsibility Magazine's 100 Best Corporate Citizens List, which was released Thursday.
To come up with the list, the magazine looked at publicly available information on companies in seven categories, including environment, climate change, employee relations, human rights, governance, finance, and philanthropy and community support.
"Each year, the 100 Best Corporate Citizens List measures the success of the corporate responsibility movement by celebrating the most successful, most transparent companies who report on their responsible practices," Elliot Clark, chief executive officer of Corporate Responsibility Magazine, said in a news release.
This year's list marks the first time Austin-based Hormel cracked the top 10, the release notes. Jim Snee, the president and CEO of Hormel said in a statement that they're "honored and proud" to be recognized on the list.
"We are inspired to do our part in making the world a better place and continue to advance our corporate responsibility efforts every year," Snee added. You can learn more about Hormel's corporate responsibility in its annual report here.
A few other Minnesota companies made the list, too. Here they are:
- General Mills ranked No. 19.
- Mosaic Co. ranked No. 28 (it was given a yellow card though for a sinkhole that opened up in August 2016 at one of its facilities in Florida).
- 3M ranked No. 41.
- Xcel Energy, Inc. ranked No. 58.
- Best Buy ranked No. 72.
- Target ranked No. 94.