MEMPHIS, Tenn., April 27, 2006 (PRIMEZONE) -- First Horizon National Corp. (NYSE:FHN) has for the fourth consecutive year earned a spot on Business Ethics magazine's annual survey of the 100 Best Corporate Citizens. The closely watched survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility.
The list appears in the Business Ethics spring 2006 issue.
The 100 Best Corporate Citizens list puts a numerical rating on service to various stakeholders. It uses data from SOCRATES, the online social research database created by KLD Research & Analytics in Boston, an independent research firm servicing investment management professionals.
The universe of companies considered for the list encompasses U.S. firms in the Russell 1000, the S&P 500 and the Domini 400 Social Index. These firms are ranked on service in eight stakeholder categories: shareholders, community, governance, diversity, employees, environment, human rights and product. Social scores use KLD's assessment of "strengths" and "concerns" demonstrated in each category. The shareholder score is based on three year-average total return (stock appreciation plus dividends) through year-end 2005.
"Earning a spot on the Business Ethics list of best corporate citizens is a high honor," said First Horizon Chairman and CEO Ken Glass. "This ranking delves into our performance in so many areas. The work our employees do with these stakeholders makes us proud to say we work for First Horizon National Corp."
More details about the 100 Best Corporate Citizens list are available at www.business-ethics.com
Founded in 1987, Business Ethics magazine is the only U.S.-based business magazine focusing on ethics and corporate social responsibility.