SANTA CLARA, Calif., April 28, 2006 -- Coherent Inc. announced it was named to Business Ethics Magazine's "100 Best Corporate Citizens" list for the second consecutive year. The survey has gained national recognition as an indicator of best practices in social responsibility.
The 100 Best Corporate Citizens list puts a numerical rating on service to these various stakeholders. Environmental, social and governance ratings are drawn from SOCRATES, the online social research database created by KLD Research & Analytics Inc. in Boston, an independent research firm serving investment management professionals.
The companies considered for the list include US firms in the Russell 1000, the S&P 500 and KLD's Domini 400 Social Index. These firms are ranked on their performance in eight stakeholder categories: shareholders, community, governance, diversity, employees, environment, human rights and product.
"Corporations increasingly must look at how their businesses impact all stakeholders," said John Ambroseo, President and CEO of Coherent. "Coherent is especially proud to be recognized as a good corporate citizen."
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