Submitted: The Two Sides Team April 10, 2012
Ethisphere recognizes companies that go beyond the ordinary and demonstrate that business ethics are decisive for a company’s brand and profitability.
SCA, Stockholm, Sweden, and International Paper, Memphis, Tenn., USA,, have
again been named among the world’s most ethical companies by the American
Ethisphere Institute, New York, N.Y., USA. Kimberly-Clark, Dallas, Texas, was
also on this years list. Ethisphere recognizes companies that go beyond the
ordinary and demonstrate that business ethics are decisive for a company’s brand
and profitability.
This is IPs sixth year in a row to be on the list, and the fifth straight
year for SCA. Ethisphere has published the WME rankings for six consecutive
years.
This year, several thousand companies were evaluated from more than 40
industries. The list of nominees for 2012 included a record of 145 companies
that outperform their peer competitors in ethical business practices. A total of
40 companies are headquartered outside of the U.S.
The methodology used to develop WME rankings 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.
“In all of our endeavors around the globe, from safety performance to
environmental stewardship to running our businesses, our actions come down to
one simple principledoing the right things for the right reason. International
Paper is proud to be recognized as one of the World’s Most Ethical Companies for
the sixth straight year,” said John Faraci, chairman and CEO of International
Paper.
Jan Johansson, president and CEO of SCA, said that “SCA’s track record in
ethical business practices and sustainability work is a business differentiator
that strengthens our competitive advantage. Our ambitious work in this area
makes us more attractive for customers, consumers, and investors, and also
generates considerable savings. SCA puts sustainability on top of the agenda,
and we are honored by Ethisphere’s recognition of our achievements.”
Tom Falk, chairman and CEO of Kimberly-Clark, said that “we are honored to be
recognized for our ethical business practices. Creating a culture where our
employees are committed to driving business results ethically and doing the
right thing for our customers, our communities, and the environment contributes
directly to the success of our company.”
More information about the award is available here.