The award recognizes 132 companies spanning 21 countries and five continents that “embrace the correlation between ethical business practices, public trust and improved company performance.” 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%).
Arthur J. Gallagher & Co. is the only listing under “Insurance: Brokerage.”
“Reputation is such a treasured gift that needs to be safeguarded,” says Peter A. Persuitti, Managing Director, Religious & Nonprofit Practice for Arthur J. Gallagher & Co. “[This recognition] reinforces our efforts and our culture to be a leading broker that performs with transparency and sincerity in the forefront. We are so grateful and appreciate the leadership as well of our Chief Ethics Officer, Tom Tropp.”
Award recognizes 132 companies spanning 21 countries and five continents that embrace the correlation between ethical business practices, public trust and improved company performance.
The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices. The World’s Most Ethical Companies list is a distinction that honors superior achievement in transparency, integrity, ethics and compliance.
“Companies today are challenged by a complex and often conflicting set of laws and regulations around the world, yet despite the lack of a global rule of law there’s a growing commonality about how to do business the right way,” explains Ethisphere CEO Timothy Erblich. “More and more, we’re finding that stakeholders from employees and customers to executives and investors understand that ethical leadership drives outcomes ranging from operational performance to corporate integrity, transparency and workforce behavior. We’re delighted to honor these companies who not only understand the various components of what makes a company ethical but are dedicated to building an environment that makes it so.”
The full 2015 World’s Most Ethical Companies list can be found online.