Skip to comments.2011 World’s Most Ethical Companies
Posted on 06/27/2011 9:06:06 AM PDT by for-q-clinton
The Worlds Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business ethically and translate those words into action. WME honorees demonstrate real and sustained ethical leadership within their industries, putting into real business practice the Institutes credo of Good. Smart. Business. Profit.
There is no set number of companies that make the list each year. Rather, the Worlds 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 Worlds 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.
IT CAN PAY TO BE ETHICAL
Investing in ethics is beneficial for any company, even in a recession. The below graph compares the WME Index, or all publicly traded 2011 Worlds Most Ethical Company honorees, against the S&P 500 since the initial Worlds Most Ethical Companies recognition from 2007.
Overall though there are ton of US companies in the list.
Tech ping please. Lots of Tech related info in this list.
The highest EQ scores for each industry became this years 2011 Worlds Most Ethical Companies.
You can find more in-depth information on the methodology for 2011s Worlds Most Ethical Companies here.
2011 WORLD’S MOST ETHICAL COMPANIES:
Rockwell Collins Inc.
The Aerospace Corporation
Comme Il Faut
Ford Motor Company
Australia and New Zealand Banking Group
National Australia Bank
Standard Chartered Bank
The Westpac Group
Dun & Bradstreet
Hitachi Data Systems
|Construction and Engineering
General Electric Co.
|Electronics and Semiconductors
|Energy and Utilities
NextEra Energy, Inc.
Wisconsin Energy Corporation
|Engineering and Design
AECOM Technology Corporation
Housing Development Finance Corp
The Hartford Financial Services Group
|Food and Beverage
The Co-Operative Group
Whole Food Market
|Forestry, Paper and Packaging
Stora Enso Oyj
|Health and Beauty
Baptist Health South Florida
Hospital Corporation of America
|Hotels, Travel and Hospitality
The Rezidor Hotel Group
Deere & Company
Milliken & Company
Sompo Japan Insurance
Wisconsin Physicians Service Insurance Co.
|Media, Publishing and Entertainment
British Land plc
Jones Lang LaSalle
|Restaurants and Cafes
Starbucks Coffee Company
Best Buy Co.
Hennes & Mauritz
Ten Thousand Villages
|Transportation and Logistics
Autoridad del Canal de Panama
East Japan Railway Company
Nippon Yusen Kabushi Kaisha
“....Microsoft was on the list....”
That pretty much negates the article doesn’t it?
You mean the company that has not had an original idea, evah?
The company that couldn’t design a 10 line code of basic without a bug?
The company who’s founder had to purchase the original OS from someone who actually had talent?
I would add Chick-fil-A to the restaurant list.
General Electric? seriously?
There seems to be a fairly high emphasis on "environmental" and "sustainable" ethics.
I am surprised that Intel is not on that list. I have done work for Intel and found their Engineers to be tough but highly honest. The company expects a lot but gives a lot. Just my opinion.
Add NextEra Energy to that list of jaw-droppers.
General Electric is the most corrupt (major) company in America, totally in bed with the Chicago Regime.
I am calling serious bullsh*t on this list.
Good point. I wonder if it’s becaue they also have a pretty big footprint in Israel that they get dinged.
Got any facts to back that up? I’m not saying I agree with the list, but if you want to dispute an ethics list, how about stating some facts you can back up.
Everyone knows Microsoft has embraced and extended a lot of stuff, but to say they never had an original idea is just phony.
And that they can’t wite 10 lines of basic code without a bug...once again completely false.
There are many stories about the first OS...but I don’t recall many of them acting like it was a bad thing Microsoft did. Rather it was IBM’s inept attitude toward it that let it shake out like it did. And there’s other stories as well, but none really that blame Microsoft for IBMs lack of foresight.
Most Ethical companies, hahahahahaha, that's a good one.
The fact that Salesforce.com is on it, immediately reduces this list “laughable”.
Exactly. MS Bob is just one of several examples.
Best Buy??? They are the kings of bait and switch, not to mention the most incompetent staff of folks I have ever encountered. They have tried to sell me a $100 hdmi cable, when there was an equivalent for $30. I asked if they both met the standard. The answer was yes. So why the cost difference? Answer: “Duh, uh, its the $100 is just better.”
General Electric? seriously?
And clippy :-)
I wonder if there is a list of the “Worlds’s Most Ethical Politicians”?
I doubt it. If there was it would be a short list.
I have no idea but they are a good company.
I would posit that many of the CEOs of these companies find themselves on this list and are embarassed. Not because they are evil, not because they are saints. Because the norm in the US is now gangsterism and fraud, and if folks conduct business ethically, they have omitted tools from their toolbox and left money on the table.
Even Slate calls BS:
“Beware of corporate consulting firms offering awards for corporate ethics”
The companies self-report using this questionnaire, which is heavy on diversity, affirmative action, green initiatives, climate change, carbon footprint, and LGBT stuff. See page 27 in particular.
“A methodology committee of leading attorneys, professors, government officials and organization leaders, assisted Ethisphere in creating the scoring methodology for the Worlds Most Ethical Companies awards.”
Most likely liberals.