[THE INVESTOR] LG Corp., the holding firm of Korea’s No. 4 conglomerate LG Group, has made the list of the top 20 socially valuable companies in the world, industry sources said on Nov. 13.
LG earned 79 points out of the full 100 in the societal return on investment survey by US pollster Harris Poll and marketing consultant Finn Partners, tying for 13th place.
The firm is the sole Korean and Asian company that has been included on the list. It has ranked second among non-US-based companies after German supermarket chain ALDI.
SROI measures a company’s environmental and social value relative to resources invested. It is derived from citizens’ estimation of the firm’s ethical leadership, civic awareness and values. The survey was taken on 25,800 Americans aged 18 and older.
US supermarket chain Wegmans Food Markets claimed the top spot with 85 points, followed by outdoor sports brand Patagonia with 83 points, and the United Parcel Service and ALDI with 82 points each.
By Song Seung-hyun and newswires (email@example.com)