UPS (NYSE:UPS) today announced that it has been recognized by the Ethisphere Institute as a World’s Most Ethical Company for the eleventh consecutive year. The Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, honored UPS in the Logistics & Transportation category.
“At UPS, operating in an ethical manner means standing by our principles and delivering on our word through our business operations, sustainability standards, and, how we impact the lives and communities where we live and work,” said Mohammed Azam, UPS chief compliance officer. “We work hard to have high ethical standards in all our efforts across the globe. It’s part of our culture and shared throughout our organization.”
This year marks the eleventh 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 2017 honorees, including UPS, later in the year through a whitepaper and infographics.
“Over the last eleven years we have seen the shift in societal expectations, constant redefinition of laws and regulations, and, the geo-political climate. We have also seen how companies honored as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and, focus on long term-ism as a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich. “Congratulations to everyone at UPS for being recognized as a 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 Corporate Equality Index by the Human Rights Campaign, was a recipient of the U.S. Environmental Protection Agency’s (EPA) SmartWay Excellence Award, and, was named to the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year.
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient 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, are provided to all companies who participate in the process.
