Bristol-Myers Squibb ranked as top corporate citizen

Bristol-Myers Squibb has been named as the top-ranking corporate citizen in a new list compiled by Corporate Responsibility magazine.

The firm secured the top spot in the 100 Best Corporate Citizens ranking thanks to its performance in key criteria such as environment, climate change, human rights, philanthropy, governance and employee relations.

This benchmark list is used by investors, customers, suppliers, regulators, employees and other stakeholders to assess the social responsibility performance of publicly-traded businesses, while it can also help to inform shareholder decisions.

A top ten position has been achieved by Bristol-Myers Squibb for four straight years, with 2009 being the last time it was ranked first.

Lamberto Andreotti, chief executive officer of Bristol-Myers Squibb, said: "We are proud to again be recognised for our commitment to social responsibility. Our efforts to promote economic, social and environmental sustainability are core to our company's mission."

Last year, the company was able to achieve nine percent year-on-year sales growth, thanks to several key product launches and strategic transactions.