Latest news with #World'sMostEthicalCompanies
The Herald Scotland
27-05-2025
- Business
- The Herald Scotland
Ethical leadership is no longer optional – it's essential
Across industries, scandals have shown that wrongdoing often starts with individuals, but it flourishes in cultures and environments that tolerate or even reward unethical behaviour. To build lasting success, organisations must foster a culture where integrity is not just encouraged but becomes the norm. Ethical leadership, done right, is a source of non-financial competitive advantage as well as financial, especially when it comes to brand resilience, talent retention, and long-term sustainability. In its annual World's Most Ethical Companies report in 2024, Ethisphere revealed that publicly traded companies recognised for their ethical practices outperformed a comparable global index by over 12 per cent over a five-year period. The tone must be set at the top. Leaders have a critical role in modelling ethical behaviour and establishing the norms that shape organisational culture. But ethical responsibility doesn't reside solely in the C-suite. A culture of doing the right thing must extend to every level. From interns to executives, everyone has a role to play in upholding ethical standards and "doing the right thing". Business professionals sit at the crossroads of organisational integrity and ethical decision-making. When anyone sees something wrong, they must be prepared to speak up, and those in leadership positions must be willing to listen and follow up as appropriate. Leadership in ethics isn't about job titles – it's about action. Silence in the face of unethical behaviour is not neutrality, it's complicity. Problems left unchallenged only grow more damaging, both for the individual and the organisation. That's why empowering people to raise concerns is vital. When individuals are encouraged and supported to speak up and such matters are appropriately considered, organisations make better decisions, avoid reputational damage, and build stronger, more resilient cultures. Ethics is the conscience of any organisation. It shapes corporate culture and influences behaviour, guides decision-making, and underpins long-term thinking. Ultimately, it builds trust - with investors, regulators, employees, and the public. These are just some of the pillars that will be covered at ICAS's Ethical Leadership Forum on June 3. While leadership must begin at the top, it mustn't end there. Every professional, regardless of their stage in their career, should see themselves as a leader in ethics. Organisational cultures are built when everyone, at every level, chooses to lead. James Barbour CA, is director, policy leadership at the Institute of Chartered Accountants of Scotland (ICAS). ICAS's online Ethical Leadership Forum is on Tuesday June 3. Agenda is a column for outside contributors. Contact: agenda@
Korea Herald
12-03-2025
- Business
- Korea Herald
SK hynix named one of world's most ethical companies by Ethisphere
SK hynix said Wednesday it has been recognized as one of the world's most ethical companies of 2025 by the global ethical business evaluation organization Ethisphere. Ethisphere honors companies with superior ethics and compliance programs through its annual World's Most Ethical Companies recognition. It evaluates companies based on five key categories: ethics and compliance, governance, a culture of ethics, environmental and social impact, and initiatives that support a strong value chain. The evaluation consists of over 240 detailed criteria. This year, Ethisphere selected a total of 136 companies across 44 industries in 19 countries. In the semiconductor sector, SK hynix was one of four companies recognized, making it the first Korean semiconductor company to receive the distinction. SK hynix has actively fostered an ethical corporate culture by implementing initiatives such as an annual ethical commitment pledge and an ethical practice survey, and by encouraging employees to engage in and improve ethical management practices. Since 2023, the chipmaker has also introduced a program that shares information on the operation of its ethics system with business partners, aiming to build a collaborative ethical business framework. 'I would like to express my gratitude to our members for their continued efforts to achieve global recognition of the company's principles for ethical management,' SK hynix Chief Executive Officer Kwak Noh-Jung said. 'We will strive to uphold the trust of our stakeholders and do our part to continue as an ethically responsible AI memory supplier.'
Yahoo
11-03-2025
- Business
- Yahoo
Assurant Again Named One of the World's Most Ethical Companies® by Ethisphere
ATLANTA, March 11, 2025--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world's leading brands, is proud to receive the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. In 2025, Assurant's second consecutive year on the list, 136 honorees spanning 19 countries and 44 industries are being recognized. "As a values-led organization, operating with ethics and integrity contributes meaningfully to our success and builds trust with all stakeholders, including our world-renowned client partners," said Assurant president and CEO Keith Demmings. "Being named one of the World's Most Ethical Companies® for the second consecutive year is a testament to the unwavering commitment of our employees and grounded by Assurant's values of common sense and common decency, which are fundamental to how we operate every day." "Congratulations to Assurant for achieving recognition as one of the World's Most Ethical Companies®," said Erica Salmon Byrne, Ethisphere's chief strategy officer and executive chair. "Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process." Ethics & Performance: The Ethics Premium The listed 2025 World's Most Ethical Companies ® Honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025. Methodology & Scoring The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotients, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world. Honorees To view the full list of this year's honorees, please visit the World's Most Ethical Companies website, at About Assurant Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world's leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences. Learn more at View source version on Contacts Media Contact: Stacie ShererVP, Sign in to access your portfolio
Yahoo
11-03-2025
- Business
- Yahoo
Avangrid Recognized as One of the World's Most Ethical Companies® for the 7th Consecutive Year
Annual recognition honors organizations committed to business integrity through robust ethics, compliance, and governance programs ORANGE, Conn., March 11, 2025--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced its recognition by Ethisphere for the seventh consecutive year as one of the World's Most Ethical Companies®. Ethisphere is a global leader in defining and advancing the standards of ethical business practices. In 2025, Ethisphere recognized 136 honorees from 19 countries and 44 industries. Avangrid was one of only seven honorees in the Energy and Utilities industry. "Avangrid is committed to a code of ethics which serves as the foundation for how we do business," said Pedro Azagra, Avangrid CEO. "We are proud to once again have earned this recognition as one of the World's Most Ethical Companies. For seven consecutive years, Avangrid and Iberdrola have demonstrated our commitment to operating with the highest ethical standards. We will continue to uphold these principles as industry leaders in driving positive change in the global business community." Avangrid's recognition on the list of the World's Most Ethical Companies® exemplifies the Company's commitment to its ethics and compliance program. In 2024, Avangrid Compliance completed over 800 third-party vendor screenings, answered 205 requests for guidance, and registered over 11,000 ethics and compliance training hours. Earlier this year, Avangrid was awarded for the fourth consecutive term, the two-year Compliance Leader Verification from Ethisphere for 2025 – 2026. These program highlights represent leading practices that make up Avangrid's best-in-class compliance program. "Congratulations to Avangrid for achieving recognition as one of the World's Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process," said Erica Salmon Byrne, Ethisphere's Chief Strategy Officer and Executive Chair. The listed 2025 World's Most Ethical Companies® Honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025. To view the full list of this year's honorees, please visit the World's Most Ethical Companies website, at Methodology & Scoring The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. The data undergo further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world. About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 23 states with approximately $47 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England and in 2024. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit View source version on Contacts Keaton 503-956-9621 Sign in to access your portfolio
Yahoo
11-03-2025
- Business
- Yahoo
JLL named one of the World's Most Ethical Companies® for the 18th straight year
Firm recognized for exceptional leadership and commitment to business integrity CHICAGO, March 11, 2025 /PRNewswire/ -- JLL (NYSE: JLL) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2025 World's Most Ethical Companies®. JLL has been named to this list since 2008 for demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance and governance practices. In 2025, 136 honorees were recognized spanning 19 countries and 44 industries. Of these, JLL is one of three honorees in the real estate industry and one of only five that have been named to the list 18 times or more. "As one of JLL's three core values. ethics is a key pillar of our culture and trust, fairness and accountability are the foundation of our daily operations," said Alan Tse, JLL's Chief Legal Officer and Corporate Secretary. "By embracing these principles, we're not only enhancing our business practices, but also creating a positive impact that touches our clients, colleagues and communities, paving the way for collective success and growth." The World's Most Ethical Companies® assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics The listed 2025 honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025. To view the full list of this year's honorees and methodology, please visit the World's Most Ethical Companies website. "Congratulations to JLL for achieving recognition as one of the World's Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process," said Erica Salmon Byrne, Ethisphere's Chief Strategy Officer and Executive Chair. JLL is showing its clients, people and communities a brighter way forward through its innovative technology, sustainability efforts and ethical business practices. Learn more about how JLL is shaping the future of real estate for a better world at About JLLFor over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit About EthisphereEthisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere's data-driven program and culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World's Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine and the Ethicast podcast. For more information, visit: Contact: Allison HeratyPhone: + 1 312 228 3128Email: View original content to download multimedia: SOURCE JLL-IR Sign in to access your portfolio
