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World’s Most Ethical Companies – Accor, Marriott Named
The Ethisphere Institute, a think-tank dedicated to the research and promotion of profitable best practices in governance, business ethics, compliance and corporate social responsibility released its second annual World’s Most Ethical Companies list.
The recipients were honored at an evening reception at the June 3rd Ethisphere and Forbes joint conference, “Driving Profit Through Ethical Leadership.” The elite list also appears nationally in the Q2 issue of the quarterly magazine of the Institute, Ethisphere Magazine.
The only two hotel groups to be named on the list were Marriott and Accor.
Leaders from Google, PepsiCo, Kellogg, and American Express, which were included on the 2008 World’s Most Ethical Companies list, spoke on various panels which included Going Green and Supply Chain Sustainability; Human Capital and the Value in Values-Based Leadership; and Looking Ahead: The Future of Ethical Leadership, among others.
Researchers and analysts reviewed several thousand companies throughout the duration of the year.There were numerous companies who were repeat winners from last year’s inaugural list, including Duke Energy, Deere & Co, General Electric, Google, and McDonald’s, while General Mills, NYSE Euronext, Science Applications International Corporation (SAIC), and Premier, Inc. were among many newcomers.
The process included reviewing the companies’ codes of ethics, litigation and regulatory infraction histories; evaluating the 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.
Researchers further analyzed information provided by the companies themselves through questionnaires and conducted additional research for anything they might have missed.
“We are pleased to see the dedication and commitment from such a diverse set of companies that demonstrate continual ethical leadership,” said Stephen Martin, editor-in-chief of Ethisphere Magazine. “These companies consistently demonstrate that doing business the right way—ethically—can have a sustainable, positive impact on their performance and brand.”
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