The voluntary index is based on a range of factors, including how engaged a firm’s board and senior managers are with responsible business issues to the link between remuneration and CR performance.
Analysis of the 2015 CR Index data suggests that progress is being made to shift responsible business up the corporate agenda. This is seen in an increase in companies taking social and environmental issues into account when developing services and making investments.
The overall average UK company score of the CR Index increased from 85% in 2014 to 91% this year.
Both Carillion, Morgan Sindall, Costain and Willmott Dixon came in above the UK average with Wates Group coming out around the all-industry average.
Morgan Sindall has improved from 89%, ranking it with three stars in 2014 to 96% and four stars this year.
This level means that Morgan Sindall has not only developed specific and measurable targets for all relevant issues but also demonstrated transparency and accountability through its reporting which provides meaningful information on the management and performance of key material corporate responsibility issues.
Martin Worthington, Director of Safe and Sustainability at Morgan Sindall, said: “The CR Index challenges us on everything that we do and how effectively we do it. It covers many elements including how our business is governed, our strategy, our management practices, our community engagement and our environmental impact, as well as how effectively these are integrated.”