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Citizenship: Companies
built 209 days ago
-- Citizenship values are reflected in the discussion of each company's core values. Because they are so central to the firm's mission, these values are highly integrated into the firm's operations and are given heavy weight in corporate governance.
"Honeywell takes great pride in our relationship with Georgia Tech," said Tom Buckmaster, president Honeywell Hometown Solutions, the company's corporate citizenship initiative. "Our partnership allows us to bring one of the world's leading scientists directly to our next generation of aspiring physicists here at Georgia Tech."
As global markets become more interdependent, corporate citizenship has a larger role to play in shaping a company's success. For GE, citizenship is a business imperative, offering opportunities — and challenges — to do things differently. To capitalize on these opportunities requires more than intent — it requires investment.
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-- Each company makes extensive use of internal audits, internal and external benchmarking, and continuous improvement metrics (such as a Balanced Scorecard) to continually raise the bar on its citizenship performance. There is a high degree of transparency in the setting of targets and detailed reporting on the degree of attainment of targets in communicating with stakeholders.
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