The McGraw-Hill Companies Recognized by Corporate Responsibility Magazine for Excellence in Corporate Citizenship
NEW YORK, March 3 /PRNewswire-FirstCall/ -- The McGraw-Hill Companies (NYSE: MHP) today announced it has been named one of the "100 Best Corporate Citizens" by Corporate Responsibility Magazine. The Corporation ranked among the top largest publicly traded companies based on its performance in seven categories evaluated by the magazine, including the environment, climate change, human rights, philanthropy, employee relations, financial performance and governance.
"McGraw-Hill is dedicated to helping create a smarter, better world through our business offerings and practices, as well as our philanthropic efforts," said Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies. "Our core values of transparency, integrity and sustainability guide how we think and how we behave, and underscore our commitment to good corporate citizenship and to helping improve people's lives around the world."
The McGraw-Hill Companies' philanthropic activities are driven by a strategic giving program that leverages the company's resources and expertise as a global leader in education, financial services and business information. For example, the company supports a strong and vibrant volunteer program that is growing globally every year, a matching gift program for employees who make charitable donations and initiatives to educate microfinance lenders in emerging markets like India.
Financial Literacy Now is a recent example of how the company is leveraging its expertise in education and financial services to raise awareness of financial literacy and to help teachers educate students about personal finance issues through in-class training, podcasts, and a suite of online resources and tools. The campaign builds on the company's long-standing commitment to support financial literacy programs and economic empowerment initiatives.
The company's commitment to environmentally friendly business practices can be seen in McGraw-Hill Education's LEED® (Leadership in Energy and Environmental Design) silver-certified "green" building in Dubuque, Iowa. The state-of-the-art facility, which was awarded LEED certification by the U.S. Green Building Council in 2008, incorporates a number of eco-friendly features, including preferred parking for hybrid vehicles, a white roof to reduce absorption of solar heat, plumbing fixtures that reduce water consumption by 30%, and HVAC and mechanical equipment designed and installed to optimize energy efficiency. The company also works to reduce its carbon footprint through "Green Teams," groups of employees who come together to find ways to improve environmental performance and then work to implement solutions. Green Teams are located in 25 McGraw-Hill offices around the world and participate in activities such as paper conservation, building-wide environmental awareness campaigns, and recycling electronic and office equipment.
Employee relations was one of Corporate Responsibility Magazine's major areas of focus in determining this year's list of top companies, and The McGraw-Hill Companies provides a wide range of family-friendly programs, resources and benefits to its employees. These include flexible work arrangements and part-time options, child and dependent care options; eldercare and special needs case management; fitness club discounts; and parental leave policies that provide three paid weeks for time off related to the birth or adoption of a child.
The 100 Best Corporate Citizens List is based on over 360 data points of publicly available information. The 100 Best Corporate Citizens are selected from among the large-cap Russell 1000 companies, based on data provided by leading ESG investor data firm IW Financial. The 100 Best Corporate Citizens List's open and transparent methodology is governed by a Methodology Committee of the Corporate Responsibility Officers Association (CROA).
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a leading global information services company meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Corporation has more than 280 offices in 40 countries. Sales in 2009 were $5.95 billion. Additional information is available at www.mcgraw-hill.com.
Investor Relations: http://www.mcgraw-hill.com/investor_relations
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SOURCE The McGraw-Hill Companies
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