Johnson Controls named one of 'World's Most Ethical Companies' for seventh consecutive year
Johnson Controls, a global diversified company in the building and automotive industries, has been named one of the “World's Most Ethical Companies” for the seventh consecutive year by the Ethisphere Institute. Ethisphere is dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.
"Johnson Controls is honored to be named one of the world's most ethical companies. This recognition is a tribute to our 170,000 employees around the world, recognizing their commitment to customer satisfaction, sustainability and integrity," said Jerry Okarma, vice president, secretary and general counsel for Johnson Controls.
This is the seventh year Ethisphere has published its rankings. A record number of nominations and applications this year is evidence of both the “World's Most Ethical Companies” growing recognition by various stakeholder groups and companies’ desire to be recognized for their integrity standards and ethical cultures. The 2013 list is the largest list since the award’s inception in 2007.
“Not only did more companies apply for the “World's Most Ethical Companies” recognition this year than any year in the past, which demonstrates that ethical activity is an important part of many of these companies' business models, but we are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries, such as industry-based ethics associations and other activities,” said Alex Brigham, executive director of Ethisphere. “We are excited to see the 2013 “World's Most Ethical Companies” take these leadership positions, and embrace the correlation between ethical behavior and improved financial performance.”
Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology for the “World’s Most Ethical Companies” includes reviewing 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; and studying nominations from senior executives, industry peers, suppliers and customers.