Three things to know about our spot on the World’s Most Ethical Companies list

March 23, 2011

Last week I shared a story on LinkedIn and Twitter about Thomson Reuters being named to the Ethisphere Institute’s World’s Most Ethical Companies list for the third year in a row.  Ethisphere is an international think-tank that puts out an annual list of the companies it believes genuinely go beyond making statements about doing business “ethically” and translating those words into action. The award goes to companies that have leading ethics and compliance programs, particularly as compared to their industry peers.

 

Here are three things to know about our spot on the World’s Most Ethical Companies list:

 

1. Our commitment to ethical practices shows in our successive appearances on the World’s Most Ethical Companies list

Our repeated appearance on the list demonstrates our commitment to operating as a company where an ethical approach is fundamental to how we do business. Deirdre Stanley, executive vice president and general counsel for Thomson Reuters, said: “Thomson Reuters is dedicated to a comprehensive global Corporate Responsibility program. At the heart of our business are the Trust Principles: committing all employees to uphold standards of integrity, independence and freedom from bias. These work alongside our Code of Business Conduct and Ethics, providing principles and practical guidance for all staff. We are committed to sharing an unwavering dedication to the highest ethical standards from employees at every level of our organization.”

 

2. It’s good business to be an ethical company

Business success and an ethical approach are not mutually exclusive. Ethisphere data suggests that investing in ethics is beneficial for any company, even in a recession. It shows the superior performance of the companies on its World’s Most Ethical Companies list as compared to the S&P 500 since 2007. Likewise, operating and being known as an ethical company enhances the value of our brand.

 

3. We’re an industry leader when it comes to our ethical approach to business

It’s not easy being an industry leader but there’s no other place we’d rather be. Ethisphere reviewed thousands of companies and evaluated a record number of applications, naming 110 companies that surpassed their industry peers to this year’s World’s Most Ethical Companies list. This year’s list features companies in 38 industries including 43 companies headquartered outside the United States.

 

 

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