11.23.23
Crown Laboratories, Inc. achieved a rank of No. 804 on Newsweek's 1,000 Excellence Index.
"This year has been remarkable for Crown," said Nadeem Moiz, COO and CFO of Crown. "We have made incredible progress in streamlining our operational efficiencies and bettering our carbon footprint. As an organization, we are extremely proud of the commitment our team has demonstrated to this initiative and the results they are achieving. To be listed on Newsweek's 1000 Excellence list is a true testament to Crown's mission and vision."
The 2024 Newsweek 1000 Excellence Index is the result of a collaboration with the Best Practice Institute, a leadership development and benchmark research company.
The Newsweek 1,000 Excellence Index is a list of the top 1,000 companies that have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings. The results were determined after the Best Practice Institute analyzed over half a million data points and created a proprietary scoring system to measure everything from financial practices to customer reviews, environmental, social and governance commitments, and more to build the first 1,000 Excellence Index.
To identify the top 1,000 companies for the Newsweek ranking, companies were evaluated based on several criteria including employee rating, customer rating, ESG risk rating, ESG/ethical impact, adherence to ISO standards, R&D spending, global compact status, financial performance, BBB rating and accreditation, and number of customer complaints, among others. Each of the criteria considered is equally ranked in importance.
Celebrating Ethical Corporations
"Celebrating ethical corporations is essential in an age where corporate scandals and unethical practices dominate headlines. These corporations serve as beacons of hope, reminding us that running a successful business does not have to come at the expense of ethical integrity," said Louis Carter, CEO of Best Practice Institute. "They serve as role models for other companies, inspiring them to adopt similar practices and promoting a sense of accountability in the corporate world. By celebrating these ethical corporations, we can encourage others to follow in their footsteps and work towards a more just and sustainable business landscape."