Premier Farnell plc has announced that it has achieved Platinum status in Business in the Community’s (BiTC) 2012 Corporate Responsibility Index (CRI), the UK’s leading voluntary benchmark of corporate responsibility, for a third year.
In the last ten years since the CR Index launched there have been substantial shifts in the way that companies integrate responsible business into their operations, along with a growing recognition of the role of business in society and the potential to be a force for good. Achieving Platinum demonstrates that Premier Farnell has integrated corporate responsibility into its business model and has clear sustainability strategies, delivering demonstrable performance.
This accolade was announced on the same day Premier Farnell was once again cited as one of the World’s Most Ethical Companies for 2011 on the 6th annual list released by New York think tank, the Ethisphere Institute.
The World’s Most Ethical Companies have incorporated ethics into business practices whether domestic or international, retail or B2B, and have been able to thrive despite an ever-changing global regulatory environment.
“Sustainability is a key part of our business strategy, playing a significant role in ensuring the long-term success of our business and developing trust in a rapidly changing world,” said Steven Webb, Company Secretary, Premier Farnell. “Achieving Platinum status in the BiTC Corporate Responsibility Index for the third year running shows how much commitment we put behind sustainability and this is clearly being recognised additionally by our inclusion in the World’s Most Ethical Companies list.”