Wednesday, May 15, 2024

Ducommun Incorporated Named to Newsweek’s List of Most Responsible Companies for 2024

Ducommun Incorporated, 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.

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“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.”

SOURCE: GlobeNewswire

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