The UK subsidiary of Veolia Environnement was selected as one of five top scorers in a nationwide annual ranking of responsible business practices, while Viridor has also gained recognition.
The Corporate Responsibility Index (CR Index), produced by Business in the Community, one of The Prince’s Charities, benchmarks companies’ performances against peers and leading practice in terms of corporate social responsibility (CSR).
The CR Index 2014 was made up of 98 companies with a total turnover of over £320bn.
Veolia’s performance was assigned four out of five stars, in recognition of progresses in measuring and reporting its CSR impact, including:
- Developing a methodology for calculating the financial value corporate responsibility activities bring to the business
- Demonstrating transparency and accountability through an externally assured CR report
- Developing specific and measurable targets for all relevant issues and putting them in the public domain.
Estelle Brachlianoff, Veolia Environnement executive vice-president for UK & Northern Europe, said: “What is exciting is how corporate responsibility has evolved into an integral way of how to do business and a springboard for innovation across UK PLC.
“As we start to implement the collaborative circular economy, we are putting sustainable development into practice by protecting the environment, creating a diverse workforce and delivering social value in our communities on a long-term basis.”
Another UK waste management company, Viridor, was also part of the CR Index 2014 and gained a two-star mark.
Viridor Chief Executive, Ian McAulay said: “When I joined Viridor last year, I told our teams that I wanted to be part of a company doing something useful for society and making the world a better place – and the principles of Corporate Responsibility are fundamental to this.
“Seeing these achievements is proof that we’re ‘walking the walk’ and a true reflection that we all at Viridor are putting a relentless pursuit of quality at the heart of everything we do.”
- Jaguar Land Rover was named Responsible Business of the Year by Business in the Community in 2013. Find out more about Jaguar Land Rover’s sustainable business models in our Big Interview.