The 2021 report from Ethisphere, the global leader in defining and advancing the standards of ethical business practices, includes 135 companies representing 22 countries and 47 industries. Companies on the list are being recognized for ethical efforts they’ve done to enhance the success of the business, its corporate profile, and trust.
Now in its 15th installment, the list includes nine new companies, while six companies have continued to make the cut since 2007, including Ecolab, which is the leader in water, hygiene, and infection prevention solutions and services. Ecolab’s annual sales are $12 billion, proving you can churn profit and maintain core ethics standards in the process.
The Ethisphere 2021 Ethics Index “outperformed a comparable index of large cap companies by 7.1 percentage points over the last five calendar years,” according to the report.
A honorary virtual gala dinner to celebrate the achievements will be held on April 20, 2021.
“While addressing the tough challenges of 2020, we saw companies lead – above all other institutions – on earning trust of stakeholders through resilience and a commitment to ethics and integrity,” said Ethisphere CEO Timothy Erblich.
How companies are measured
The assessment includes over 200 data points on culture, entertainment, social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain, the report states.
This year, applicants were also asked to explain how they are “adapting and responding” to the pandemic, as well as “environmental, social, and governance factors, safety, equity,” among other factors.
Here are some of the companies that made the list:
L’Oréal
Country: France
Category: Health & Beauty
Employee #: 88,000
Avon
Country: United Kingdom
Category: Health & Beauty
Employee #: 40,000
PepsiCo, Inc.
Country: United States
Category: Food, Beverage & Agriculture
Employee #: 283,000
Covenant House
Country: Canada
Category: Healthcare Providers
Employee #: 10, 763
Canon
Country: United States
Category: Imagine Technology
Employee #: 8,532
Country: United States
Category: Technology
Employee #: 16,000
Microsoft
Country: United States
Category: Technology
Employee #: 166,475
Illy
Country: Italy
Category: Food, Beverage & Agriculture
Employee #: 1,405
Grupo Bimbo
Country: Mexico
Category: Food, Beverage & Agriculture
Employee #: 135,000
GM
Country: United States
Category: Automotive
Employee #: 155,000
Wipro
Country: United States
Category: Information Technology Services
Employee #: 180,000
Kellogg’s
Country: United States
Category: Food, Beverage & Agriculture
Employee #: 34,000
Aptiv
Country: Ireland
Category: Automotive
Employee #: 160,000
Kohl’s
Country: United States
Category: Retail
Employee #: 122,000
DTGO
Country: Thailand
Category: Real Estate
Employee #: 860
CBRE
Country: United States
Category: Real Estate
Employee #: 100,000
Royal Caribbean Group
Country: United States
Category: Leisure & Recreation
Employee #: 85,000
Sony
Country: Japan
Category: Conglomerate
Employee #: 111,700
Nokia
Country: Finland
Category: Telecom
Employee #: 98,000
BMO
Country: Canada
Category: Banks
Employee #: 43, 360
Hanes Brands, Inc.
Country: United States
Category: Apparel
Employee #: 63,000
The full list can be viewed here.