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136 award-winning companies were recognized as leaders in business integrity.
New Ethics Premium data shows winners outperform their peers by 12.3%
Phoenix, March 4, 2024–(BUSINESS WIRE)–Ethisphere, a global leader in defining and advancing standards of ethical business practices, today earns the coveted “World’s Most Ethical Company” designation in 2024 136 companies have been announced. This year’s winners come from 20 countries. and 44 industries.
2024 marks our 18th anniversaryth Annual “World’s Most Ethical Companies” award. As in previous years, award winners demonstrate a commitment to ethical business practices through strong programs that positively impact employees, communities, and broader stakeholders, resulting in sustainable, long-term business growth. contributed to.
The complete list of the World’s Most Ethical Companies in 2024 is available at https://worldsmostethicalcompanies.com/honorees/.
This year’s list includes 15 companies recognized for the first time. Additionally, six of his companies – Aflac, Ecolab, International Paper, Kao Corporation, Milliken & Company, and PepsiCo – have been honored with the World’s Most Ethical Companies® award 18 times each year since its creation in 2007.
“Companies must earn and maintain the trust of their employees, investors, regulators and other stakeholders every day. They must lead with business integrity and demonstrate strong governance, an ethical culture and corporate citizenship. , by investing in compliance, organizations not only build trust but also outperform in their corporate interests.” Erica Salmon Byrne, Chief Strategy Officer and Executive Chairman, Ethisphere; “We congratulate this year’s honorees and commend their dedication to doing good for the people they serve.”
Kao Corporation President and CEO Yoshihiro Hasebe “We are honored to have been named one of the world’s most ethical companies for the 18th consecutive year. ‘Staying on the right path’ is a core value of our company, and this external recognition is an honor to our company. We are committed to working towards our ambitious goals and achieving our purpose of creating a better world for the people who use our products and the communities we serve. We will continue to advance our programs and practices.”
“We are pleased that nVent has been recognized as one of the World’s Most Ethical Companies®. Absolute integrity is one of nVent’s core values,” he said. Beth Wozniak, nVent Chairman and CEO; “We know that making ethical choices makes our company stronger and builds trust and transparency. We recognize the importance of acting with absolute integrity. We want to thank all of our employees who live our values every day. It’s because of our collective efforts that we have achieved this great recognition. I was able to get it.”
Ethics Premium: Honesty wins
Ethisphere’s 2024 five-year ethics premium is 12.3%. This represents the margin by which listed companies named this year’s World’s Most Ethical Companies outperformed a comparable index of global companies over the five-year period from January 2019 to January 2024.
“Since Ethisphere has tracked the stock performance of companies that have received public awards, Ethics Premium has consistently determined that the programs and practices that make an organization one of the most ethical companies in the world are financially strong. “We have shown that we are,” Salmon-Byrne added. “Strong ethics lead to good business. The Ethics Premium proves that.”
methodology
The World’s Most Ethical Companies rating is based on Ethisphere’s proprietary Ethics Quotient®. The Ethics Quotient® is an extensive survey that requires companies to provide more than 240 different proof points about their ethical culture. Environmental, social and governance (ESG) practices. Ethics and Compliance Program. Commitment to diversity, equity, and inclusion. Initiatives that support a strong value chain. That data is then subjected to further qualitative analysis by our panel of experts, who spend thousands of hours vetting and evaluating applicant groups each year. This process serves as an operational framework to collect and codify truly best-in-class practices from a variety of industries and organizations around the world.
Each 2024 World’s Most Ethical Companies® applicant will receive access to a digital analytics scorecard experience. It provides an overview of how applicants score against the World’s Most Ethical Companies winners in key categories and provides access to 15 key ethics indices.® Data points and related resources are provided in an interactive format powered by The Sphere, Ethisphere’s ethics and compliance benchmarking platform.
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About Ethisphere
Ethisphere® is a global leader in defining and promoting standards of ethical business practices that promote corporate character, market trust and business success. Ethisphere has deep expertise in measuring and defining core ethical standards using data-driven insights that help companies strengthen their character and measure and improve their culture. Ethisphere recognizes outstanding performance through the World’s Most Ethical Companies certification program and provides a community of industry professionals with the Business Ethics Leadership Alliance (BELA). For more information, please visit https://ethisphere.com.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240304877150/ja/
contact address
Ethisphere media contact:
Ann Walker
Anne.Walker@Ethisphere.com
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