OVERLAND PARK, Kan.–(BUSINESS WIRE)–For the second consecutive year, Compass Minerals (NYSE:CMP) was named to Forbes’ list of the “100 Most Trustworthy Companies in America.”
The list was compiled by MSCI ESG Research after screening more than 2,500 publicly traded, non-financial American companies to identify the 100 companies that most “consistently demonstrated transparent accounting practices and solid corporate governance.” Within the full list of 100 companies, organizations are sorted into three groups: large cap companies with market caps of $5 billion or above, mid-cap companies with market caps between $1 and $5 billion, and small cap companies with market caps between $250 million and $1 billion.
“It’s a great achievement to be recognized among such notable companies,” said Fran Malecha, president and CEO of Compass Minerals. “This recognition reaffirms to our employees, customers, the communities in which we operate, and our shareholders, the high value we place on integrity.”
Companies are judged against their Aggressive Accounting and Governance Risk (AGRs) and scored on a 1 to 100 point scale. Factors considered include high-risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk. Companies are scored on a 1 to 100 point scale, with 72 being the lowest score to crack this year’s list. Compass Minerals is listed in the mid-cap group, scoring a 97 for its current AGR and an 89 average AGR for the last four quarters.
About Compass Minerals
Compass Minerals is a leading provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. Named one of Forbes’ 100 Most Trustworthy Companies in America in 2015 and 2016, Compass Minerals’ mission is to be the best essential minerals company by delivering where and when it matters. The company produces its minerals at locations throughout the U.S. and Canada and in the U.K. For more information about Compass Minerals and its products, please visit www.compassminerals.com.