Ducommun Incorporated Named to Newsweek’s List of Most Responsible Companies for 2024
March 14 2024 - 5:30AM
Ducommun Incorporated (NYSE: DCO), a global supplier of innovative
electronic systems and structural solutions for the aerospace and
defense industry, has been named to Newsweek’s list of Most
Responsible Companies 2024, recognizing organizations for their
unwavering commitment to corporate social responsibility (CSR) and
long-term sustainability.
Newsweek’s annual list of America’s Most Responsible Companies
was produced in collaboration with data firm Statista, a global
data and business intelligence platform with an extensive
collection of statistics, reports, and insights on over 80,000
topics from 22,500 sources in 170 industries. The America’s Most
Responsible Companies 2024 ranking focuses on a holistic view of
corporate responsibility based on two metrics: 30 key performance
indicators researched for the top 2,000 public companies by revenue
headquartered in the United States, and responses to a survey
evaluating their CSR performance along three environmental, social
and governance subdimensions.
“It is an honor to be named to Newsweek’s list of Most
Responsible Companies 2024,” said Stephen G. Oswald, chairman,
president and chief executive officer of Ducommun Incorporated.
“Our core values of honesty, professionalism, respect, trust and
teamwork drive everything we do at Ducommun and support our
commitment to responsibly deliver exceptional value to all
stakeholders within the communities in which we operate. We also
founded our corporate environmental and responsibility program in
2019 and Newsweek’s designation reinforces that our approach to
operating sustainably is working and contributing to Ducommun’s
success!”
"The survey results suggest that companies have been making
improvements in certain areas over the last three years, with
social responsibility scores notably on the rise," Michael Bausch,
senior analyst at Statista, tells Newsweek. "This positive trend
indicates a commitment to enhancing corporate practices,
particularly in response to societal expectations. The data
reflects a gradual but encouraging evolution in companies' efforts
to fulfill their responsibilities, highlighting a positive shift in
their overall approach."
The full Newsweek list of Most Responsible Companies 2024 was
featured in the magazine’s December 15, 2023 print edition.
MethodologyThe ranking of America's Most
Responsible Companies 2024 focuses on a holistic view of corporate
responsibility that considers all three pillars of CSR:
environmental, social and corporate governance. In total, 600
companies were identified as America's Most Responsible Companies.
The initial analysis focused on the top 2000 public companies by
revenue.
The analysis is based on two metrics:
1. Quantitative data from key performance indicator (KPI)
research: More than 30 KPIs from the three pillars of CSR were
considered for the ranking.
2. The CSR reputation of each company from an extensive survey
of 17,000 U.S. residents: Respondents were asked to select
companies familiar to them and to then evaluate the company's CSR
performance in general and along the three sub-dimensions:
environmental, social and governance.
The selection of the companies and the definition of the
evaluation criteria were based on independent journalistic criteria
established by Newsweek and Statista. The evaluation was carried
out by the statistics and market research company Statista.
Newsweek and Statista make no claim as to the completeness of the
companies examined.
The ranking is composed exclusively of eligible U.S. companies
based on the criteria described above. A position in the ranking is
a positive recognition based on research of publicly available data
sources at the time and an extensive survey of U.S. residents. The
ranking is the result of an elaborate process which, due to the
interval of data-collection and analysis, is a reflection of
official environmental, social and governance data from 2021 or
2022.
About Ducommun IncorporatedDucommun
Incorporated delivers value-added, innovative manufacturing
solutions to customers in the aerospace, defense and industrial
markets. Founded in 1849, the company specializes in two core areas
– Electronic Systems and Structural Solutions – to produce complex
products and components for commercial aircraft platforms,
mission-critical military and space programs, and sophisticated
industrial applications. For more information,
visit Ducommun.com.
About NewsweekNewsweek is the
modern global digital news organization built around the iconic,
over 85-year-old American magazine. Newsweek reaches 100
million people each month with its thought-provoking news, opinion,
images, graphics, and video delivered across a dozen print and
digital platforms. Headquartered in New York
City, Newsweek also publishes international editions in
EMEA and Asia.
MEDIA CONTACTS:Suman Mookerji, Senior Vice
President, Chief Financial Officer,
657.335.3665SMookerji@ducommun.com
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