Press release
Cintas Corporation Debuts on Newsweek’s 2022 America’s Most Responsible Companies List
Cintas makes its debut in Newsweek’s third-annual corporate social responsibility rankings CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS)
About this update from Cintas Corporation
[{"type":"text","content":"\nCintas makes its debut in Newsweek’s third-annual corporate social responsibility rankings\n\n CINCINNATI--(BUSINESS WIRE)--\nCintas Corporation (Nasdaq: CTAS) was recently honored among Newsweek’s 2022 America’s Most Responsible Companies.\n\nNewsweek notes that its America’s Most Responsible Companies list is “based on a holistic view of corporate responsibility” and equally considers the three ESG areas in its rankings – environment, social and corporate governance – to formulate a final “CSR Score” that is used to rank companies.\n\n“We believe that ESG is central to Cintas and it’s influenced our sustainable business model since our company’s origins during the Great Depression,” said Todd Schneider, Cintas President and CEO. “Environmental, social and governance concepts are engrained in our company and we appreciate the recognition for our recent performance in these areas.\n\n“Cintas has made a tremendous effort to reduce our environmental impact; foster an inclusive, supportive atmosphere for our employee-partners; and establish ourselves as a moral and ethical company. Our corporate culture is based on doing what’s right and using positive discontent to push ourselves to be better. Being recognized for our success to date is certainly gratifying, but we also acknowledge that we must continue to challenge ourselves to make stronger impacts in these areas while continuing to do so in an admirable way,” Schneider continued.\n\nThe 2022 edition of the list marks the company’s debut on Newsweek’s third-annual rankings, which began in 2020. Statista, a leading global provider of market and consumer data, provided the analysis for Newsweek.\n\nCintas was selected for Newsweek’s list following a four-phase review of the 2,000 largest public companies in the U.S.\n\nNewsweek and Statista’s evaluation for the America’s Most Responsible Companies List was based on publicly available information as of June 30, 2021, which included Cintas’ 2020 ESG Report. The company’s expanded 2021 ESG Report had not been published at that time and was not considered in the 2022 evaluation, nor was fiscal year 2021 ESG data that was final, but not yet public at that time.\n\nHow the Rankings were Determined\n\nNewsweek and Statista developed the 2022 rankings using a four-phase process. The candidate pool was curated from the top 2,000 public c...