Ethisphere Magazine, a national print publication dedicated to illuminating the important correlation between ethics and profit, has released its first listing of the World's Most Ethical Companies.
Out of thousands of organizations that the editors surveyed over a six-month period, fewer than 100 companies made the final list. "It was a rigorous selection process. The organizations chosen for the list of World's Most Ethical Companies possess strong internal systems that encourage ethical behavior not only from its leaders but from its employees," said Alex Brigham, executive editor of Ethisphere Magazine. "These companies go beyond making statements about doing business ethically; they translate those words into actions."
The process included reviewing the companies' codes of ethics, litigation and regulatory infraction histories; evaluating companies' investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback and rating.
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