The World's Most Ethical Companies According to Ethisphere

When making decisions, both companies and consumers are placing an increasing importance on ethics and compliance.

Posted by Joe Gerard in on March 18th, 2011

When making decisions, both companies and consumers are placing an increasing importance on ethics and compliance. Companies can no longer risk being associated with corrupt organizations. Laws and regulations continue to tighten and call for companies to implement effective compliance and ethics programs to protect themselves from risky behaviour. On Tuesday, Ethisphere announced the companies that have been named to the 2011 World’s Most Ethical Companies List (click on the link to see the entire list of companies). Ethisphere compiles this list each year to recognize companies that go above meeting basic requirements and back up their talk by walking the walk.

Ethical Companies

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According to Ethisphere:

“There is no set number of companies that make the list each year. Rather, the World’s Most Ethical Company designation is awarded to those companies that have leading ethics and compliance programs, particularly as compared to their industry peers. This year, there are 110 World’s Most Ethical Companies. Of these companies, 36 are new to the list in 2011 and 26 companies dropped off from the 2010 list. These “drop offs” generally occurred because of litigation and ethics violations, as well as increased competition from within their industry.”

A Reuters article, “Exclusive: Ethical companies spread open approach: survey,” noted that the companies that made the list this year focused on telling the truth and being upfront with investors and the public – whether the news was good or bad. This observation sends a clear message to other companies, letting them know that full disclosure is necessary in today’s world. Let’s hope that the companies on this year’s list can continue their positive practices in the years to come.

Joe Gerard
Joe Gerard

CEO, i-Sight

Spend my days showing off the i-Sight investigative case management software and finding ways to help clients improve their investigations. Usually working with corporate security, HR & employee relations, compliance and legal teams.

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