James Hardie Building Products , a global leader in fibre cement technology, has been named to the Forbes’ list of Top 100 Most Trustworthy Companies in North America. James Hardie was ranked among 13 other large companies across various industries.
The annual list developed by GMI Ratings is based on the accounting and governance behaviours of more than 8,000 publicly-traded companies in North America. A corporation’s reliability is based on high risk events, revenue and expense recognition methods; SEC actions and bankruptcy risk. The companies that made the list garnered the 100 highest scores for trustworthy behaviour over the four quarters of the previous fiscal year.
Matt Marsh, chief financial officer at James Hardie commented that they were honoured to be recognised as a trustworthy company, and named among several superior brands. He adds that transparency is held in high regard at James Hardie, and the recognition is an acknowledgment of the company’s commitment to being a responsible corporate citizen.