The FINANCIAL — UPS on March 8 announced it has been recognized as a World’s Most Ethical Company for the tenth consecutive year by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
“At UPS, operating as an ethical company means doing what we say we will do, in business conduct, in our impact on the environment and in how we touch the lives of people in the communities where we live and work. Operating with high ethical standards internationally is part of the culture of UPS and this commitment is shared throughout our organization,” said Mohammad Azam, UPS chief compliance officer.
This year marks the tenth anniversary of the Ethisphere Institute and the World’s Most Ethical Companies designation which recognizes those companies that align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow’s best practices today. The Ethisphere Institute will release best practices and insights from the 2016 honorees, including UPS, later in the year through a whitepaper and infographics, according to UPS.
“A common theme among the 2016 World’s Most Ethical Companies is a drive to improve corporate integrity in a way that impacts the world,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich. “UPS’s Committed to MoreTM motto is demonstrated not only through their CSR efforts, but by the recognition of their role in the global business community and the value this creates for their investors, customers and employees. Congratulations to everyone at UPS for being recognized as a 2016 World’s Most Ethical Company!”
UPS has been honored recently with several other corporate citizenship and sustainability distinctions. The company received a perfect score of 100 from the CDP for the second straight year, was a recipient of the U.S. Environmental Protection Agency’s (EPA) SmartWay Excellence Award, was included on the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year and was named as one of the “100 Best Corporate Citizens” by CR Magazine for the sixth consecutive year.
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework. Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.