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Ethisphere Institute Lauds the World's Most Ethical Companies

Joe Mont | March 20, 2014

What are the world's most ethical companies? According to the Ethisphere Institute, an independent organization that promotes best practices in corporate ethics and compliance, General Electric, Marriott, ING, 3M, Xerox, Google, and Johnson Controls are among the U.S. Companies making the list in 2014.

The selections were named Thursday morning at the Annual Global Ethics Summit in New York City, an event Ethisphere co-sponsored with Thomson Reuters. The chosen companies, it says, promote ethical business standards and practices internally, deliver long-term value to stakeholders, and lead their industries in compliance, corporate governance, and social responsibility. This year's 144 honorees represent 41 industries in 21 countries.

“It can be increasingly challenging for companies to meet performance expectations, while addressing the varying regulatory, compliance and sustainability needs across geographies and cultures,” Tim Erblich, CEO of the Ethisphere Institute, said in a statement. “Global economic and social challenges from anti-corruption to security and privacy are accelerating the need for companies and organizations to embrace ethics and governance as critical business imperatives.”

“This year's honorees from all countries and industries understand that outstanding compliance programs, investment in a corporate culture of integrity, and sound business ethics have key roles in attracting and retaining talent, expanding business globally and driving financial performance,” he added.

The World's Most Ethical Company assessment is based upon the Ethisphere Institute's Ethics Quotient framework. Rather than measuring all aspects of corporate governance, risk, sustainability, compliance and ethics, Ethisphere collects a sampling of data in core competencies.  Scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%), and culture of ethics (20%).

The full list of honorees includes:

3M (U.S.);  ABB Asea Brown Boveri (Switzerland);  AECOM (U.S.); AES (U.S.); Accenture (U.S.); Adobe Systems (U.S.); Aflac (U.S.);  All Good Organics (New Zealand); Alyeska Pipeline Service Company (U.S.);  Applied Materials (U.S.); Aramark Food Service (U.S.);  Arthur J. Gallagher & Co. (U.S.);  Atlas Copco AB (Sweden);  Autoridad del Canal de Panama (Panama/U.S.); Avnet (U.S.).

Banco do Brasil S.A. (Brazil);  Baptist Health South Florida (U.S.).Blue Shield of California (U.S.);  BlueCross BlueShield of North Carolina (U.S.);  CBRE (U.S.);  CH2M Hill (U.S.); CRH (Ireland); CUNA Mutual Group (U.S.);  Capgemini (France); CareFirst BlueCross BlueShield Insurance (U.S.); Cementos Progress (Guatemala);  Cisco Systems (U.S.); Cleveland Clinic (U.S.); Colgate-Palmolive (U.S.);  Cummins (U.S.); Deere & Company (U.S.);  Dell (U.S.); Delphi Automotive Systems (U.S.); Dun & Bradstreet (U.S.).

ENMAX (Canada); Eastman Chemical (U.S.); Eaton (U.S.); Ecolab (U.S.); Elbit Systems of America (U.S.); Encana (Canada); Energias de Portugal, S.A. (Portugal); Ethical Fruit Company (UK); Express Scripts Holding Company (U.S.); Fluor Corporation (U.S.); Ford Motor Company (U.S.);  Gap (U.S.); Gemological Institute of America (U.S.); General Electric (U.S.); Google (U.S.); Granite Construction (U.S.); H. B. Fuller (U.S.);  Hasbro (U.S.); Henkel AG & Co. KGaA (Germany); Hennes & Mauritz AB, H&M (Sweden); Henry Schein (U.S.); Hitachi Data Systems (U.S.); Holland America Line (U.S.); Holland America Line-Seabourn (U.S.); Hospital Corporation of America (U.S.).

International Hospitals Construction Company (Saudi Arabia); ING (U.S.); Iberdrola, S.A. (Spain); Ingredion (U.S.); Intel (U.S.); International Paper (U.S.); Johnson Controls (U.S.); Lang LaSalle (U.S.); Juniper Networks (U.S.); Kao (Japan); Kellogg (U.S.); Kennametal (U.S.); Kimberly-Clark (U.S.); Knights of Columbus (U.S.); L'OREAL (France); Levi Strauss & Co. (U.S.); ManpowerGroup (U.S.); Marks and Spencer (UK); Marriott International (U.S.); Massachusetts Mutual Life Insurance Company (U.S.); Mattel (U.S.); Microsoft (U.S.); Milliken & Company (U.S.).

National Australia Bank (Australia); National Grid (U.S.); Natura Cosm (Brazil); NextEra Energy (U.S.); NiSource (U.S.); Noblis (U.S.); Northern Trust (U.S.); Northumbrian Water Group (UK);  Novation (U.S.); Old National Bancorp (U.S.); PKN ORLEN S.A. (Poland); Parsons (U.S.); Paychex (U.S.);  PepsiCo (U.S.); Petco (U.S.); Premier Farnell (UK); Premier (U.S.); Realogy Holdings (U.S.); Rockwell Automation (U.S.); Rockwell Collins (U.S.).

SCA, Svenska Cellulosa AB (Sweden); Safeway (U.S.); Saltchuk Resources (U.S.); Schneider Electric SA (France); Sempra Energy (U.S.); Sharp HealthCare (U.S.); Shiseido (Japan);  SingTel Telecommunications Services (Singapore); Sompo Japan Insurance (Japan); Sonae (Portugal); Spectra Energy (U.S.); Starbucks (U.S.); Swiss Re (Switzerland);  Symantec (U.S.); T-Mobile (U.S.); TATA Power Company (India); Teachers Mutual Bank (Australia); Ten Thousand Villages (U.S.); Teradata (U.S.); Texas Instruments (U.S.); The Aerospace Corporation (U.S.); The Hartford Financial Services Group (U.S.); The Nature Conservancy (U.S.); The Rezidor Hotel Group (Belgium).

The Timken Company (U.S.); Thomson Reuters (U.S.); Thrivent Financial for Lutherans (U.S.); Time Warner (U.S.); UPS (U.S.); Unibail-Rodamco SE (France); University Hospitals (U.S.); Visa (U.S.); Waste Management (U.S.); Westpac Banking Corporation (Australia);  Weyerhaeuser Company (U.S.); William E. Connor & Associates (Hong Kong); Wipro Limited (India); Wisconsin Physicians Service Insurance Corporation (U.S.); Xerox (U.S.); eBay (U.S.); illycaff (Italy); and (U.S.).