WESTFORD, Mass. (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced that it was named one of “America’s Most Responsible Companies 2022” by Newsweek magazine. This was the second consecutive year Kadant has been included on the list which assesses companies on various Environmental, Social and Corporate Governance (ESG) factors.
“We are honored to once again be named one of America’s Most Responsible Companies,” said Jeffrey L. Powell, president and chief executive officer of Kadant. “Our focus on helping our customers efficiently use renewable natural resources remains a key priority driving our product innovations and technology solutions for process industries.”
America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility. The list recognizes 499 companies across 14 industry categories with the highest scores as the most responsible companies in the United States.
More information about the 2022 rankings is available at www.newsweek.com/americas-