Carnival Rated Among 100 Best Corporate Citizens

Carnival Corporation has been named one of the top 100 Best Corporate Citizens for 2017 by Corporate Responsibility Magazine (CRM).

The company ranked 23rd in the magazine’s 18th annual survey, a significant improvement from last year’s ranking at number 51.  Carnival achieved the highest rank among firms in the travel and tourism sector and was the only cruise-specific company to make the list, which uses the Russell 1000 index of the 1,000 largest US public companies as its base.  This was Carnival’s fifth time in the past 7 years to be recognized among the 100 best.

Of all of the companies in the list, Carnival Corporation ranked in the top quarter in two categories: environmental at number 16, and governance at number 23.  Environmental includes environmental disclosure, policy disclosure, and performance.  Governance is how a company establishes policies, policing itself and its employees from the top executives on down.  The Corporate Responsibility Magazine evaluates the companies in seven categories to determine the rankings: environment, climate change, employee relations, human rights, governance, finance, and philanthropy/community support.

Carnival Corporation was also the winner of a 2016 Ladder Award, recognizing companies that have advanced the most places on the CRM list and made the most dramatic developments in their commitment to corporate responsibility and social impact.

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