Submitted: The Two Sides Team March 14, 2013
For the seventh straight year, International Paper was named as one of the World’s Most Ethical Companies by The Ethisphere Institute.
March 6, 2013
Press Release, via International Paper
For the seventh straight year, International Paper was named as one of the World’s Most Ethical Companies by The Ethisphere Institute. Despite a record number of global nominees, International Paper
secured a spot on the list by maintaining its focus on the ethical
business practices and standards that have defined the Company since its
inception more than 100 years ago.
“This is an important recognition that encompasses all that we do at International Paper.
We are a company of substance in the more than 24 countries where we
operate and we are strengthened by the results of our employees who do
the right things for the right reasons,” said Chairman and CEO John Faraci.
A record number of nominations and applications this year is evidence
of both the World’s Most Ethical Companies’ growing recognition by
various stakeholder groups and companies’ desire to be recognized for
their integrity standards and ethical cultures. The 2013 list is the
largest list since the award’s inception in 2007.
“Not only did more companies apply for the World’s Most Ethical
Companies recognition this year than any year in the past, which
demonstrates that ethical activity is an important part of many of these
companies’ business models, but we are also seeing more companies be
proactive and create new initiatives that expand ethics programs and
cultures across entire industries, such as industry-based ethics
associations and other activities,” said Alex Brigham,
Executive Director of Ethisphere. “We are excited to see the 2013
World’s Most Ethical Companies take these leadership positions, and
embrace the correlation between ethical behavior and improved financial
“At International Paper, we are accountable for all that we do and
it’s a culture embraced by our 70,000 employees worldwide,” said Sharon Ryan,
senior vice president, General Counsel & Corporate Secretary. “We
are defined by a commitment to ethical behavior, personal integrity and
these values support our compliance standards worldwide.”
Through in-depth research and a multi-step analysis, Ethisphere
reviewed nominations from companies in more than 100 countries and 36
industries. The methodology for the World’s Most Ethical Companies
includes reviewing codes of ethics, litigation and regulatory infraction
histories; evaluating the investment in innovation and sustainable
business practices; looking at activities designed to improve corporate
citizenship; and studying nominations from senior executives, industry
peers, suppliers and customers.
Read about the methodology and view the complete list of the 2013 World’s Most Ethical Companies at http://ethisphere.com/wme. The World’s Most Ethical Companies list will also be featured in the 2013 Quarter 1 issue of Ethisphere Magazine.