For the tenth consecutive year, Ecolab Inc., the global leader in water,
hygiene and energy technologies and services, has been recognized as one
of the World’s Most Ethical Companies by the Ethisphere Institute, the
global leader in defining and advancing the standards of ethical
business practices.
Ethisphere’s World’s Most Ethical Companies list recognizes companies
who exemplify transparency, integrity, ethics and compliance in their
business practices. Ecolab has been named to the World’s Most Ethical
Companies list every year since the list’s inception in 2007.
“Every associate at Ecolab is a steward of our culture and values,” said
Ecolab Chairman and CEO Douglas M. Baker, Jr. “Our shared commitment to
ethical behavior guides our daily actions and is the foundation of our
success. We’re honored to receive this recognition and we will continue
to strive to reflect our values in everything we do.”
The World's Most Ethical Company assessment is based upon the Ethisphere
Institute's Ethics
Quotient™ (EQ) framework. Designed to assess an organization's
performance in an objective, consistent and standardized way, the
information collected through the EQ framework provides a comprehensive
sampling of definitive criteria of core competencies, rather than all
aspects of corporate governance, risk, sustainability, compliance and
ethics. The framework and methodology is determined, vetted and refined
by the expert advice and insights gleaned from Ethisphere's network of
thought leaders and from the World's Most Ethical Company Methodology
Advisory Panel.
Assessment scores are generated in five key categories: ethics and
compliance program (35 percent), corporate citizenship and
responsibility (20 percent), culture of ethics (20 percent), governance
(15 percent), and leadership, innovation and reputation (10 percent).
The full list of the 2016 World's Most Ethical Companies can be found at ethisphere.com/worlds-most-ethical/wme-honorees/.
About Ecolab
A trusted partner at more than one million
customer locations, Ecolab (ECL) is the global leader in water, hygiene
and energy technologies and services that protect people and vital
resources. With 2015 sales of $13.5 billion and 47,000 associates,
Ecolab delivers comprehensive solutions and on-site service to promote
safe food, maintain clean environments, optimize water and energy use
and improve operational efficiencies for customers in the food,
healthcare, energy, hospitality and industrial markets in more than 170
countries around the world. For more Ecolab news and information, visit www.ecolab.com.
About the Ethisphere Institute
The Ethisphere®
Institute is the global leader in defining and advancing the standards
of ethical business practices that fuel corporate character, marketplace
trust, and business success. Ethisphere has deep expertise in measuring
and defining core ethics standards using data-driven insights that help
companies enhance corporate character. Ethisphere honors superior
achievement through its World's Most Ethical Companies®
recognition program, provides a community of industry experts with the
Business Ethics Leadership Alliance (BELA), and showcases trends and
best practices in ethics with the publication of Ethisphere Magazine and
The World's Most Ethical Companies Executive Briefing. Ethisphere is
also the leading provider of independent verification of corporate
ethics and compliance programs. More information about Ethisphere can be
found at: ethisphere.com.
(ECL-C)
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