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Paychex Named One of the Most Ethical Companies in the World

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By Business Wirevia The Motley Fool

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Paychex Named One of the Most Ethical Companies in the World

ROCHESTER, N.Y.–(BUSINESS WIRE)– Paychex, Inc. has been named to The World’s Most Ethical Companies list by The Ethisphere Institute, a leading international organization dedicated to the creation, advancement, and sharing of best practices in business ethics, governance, anti-corruption, and sustainability. This marks the fifth time Paychex, a leading provider of payroll, human resource, and benefits outsourcing solutions for America’s small- and medium-sized businesses, has received this recognition, which highlights companies that outperform industry peers when it comes to ethical behavior.

“Out of all the accolades Paychex receives, none makes us more proud than being recognized as one of the most ethical companies,” said president and chief executive officer Martin Mucci. “Acting with uncompromising integrity is at the cornerstone of our values statement, and drives everything we do on behalf of our clients, employees, and shareholders.”

“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 performance.”

A record number of nominations and applications this year is evidence of both the WME Companies’ growing recognition by various stakeholder groups and companies’ desire to be recognized for their integrity standards and ethical cultures. The 2013 list of 140 companies is the largest list since the award’s inception in 2007.

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 WME 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://m1.ethisphere.com/wme2013/index.html. The World’s Most Ethical Companies list is also featured in the 2013 Quarter 1 issue of Ethisphere magazine.

About Paychex

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Source: FULL ARTICLE at DailyFinance

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T-Mobile Honored as One of the "World's Most Ethical Companies"

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By Business Wirevia The Motley Fool

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T-Mobile Honored as One of the “World’s Most Ethical Companies”

Fifth Consecutive Year of Ethical Leadership Across 36 Industries and More than 100 Countries

BELLEVUE, Wash.–(BUSINESS WIRE)– T-Mobile USA, Inc. was today recognized by the Ethisphere Institute as one of the 2013 World’s Most Ethical Companies, which marks the fifth consecutive year that T-Mobile has received this distinction. Out of a record number of nominations for the award, T-Mobile secured a hard-earned spot on the list by continuing to implement and maintain ethical business practices and initiatives that are instrumental to the company’s success, raising the standard for the industry.

“At T-Mobile, our values guide and drive our actions,” said Dave Miller, Chief Legal Officer, T-Mobile USA. “This recognition – for the fifth consecutive year – as one of the World’s Most Ethical Companies validates our constant focus on integrity and on the T-Mobile values that guide us and resonate in everything we do.”

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.

“T-Mobile continues to set the bar within its industry for a number of its ethics and compliance programs,” said Alex Brigham, executive director of the Ethisphere Institute. “As more companies each year strive for recognition, T-Mobile returns to World’s Most Ethical 2013 by demonstrating its strong commitment to ethical practices and integrity.”

Read about the methodology and view the complete list of the 2013 World’s Most Ethical Companies at http://ethisphere.com/

About T-Mobile USA, Inc.

Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG (OTCQX: DTEGY). By the end of the fourth quarter of 2012, approximately 132.3 million mobile customers were served by the mobile communication segments of the Deutsche Telekom group — 33.4 million by T-Mobile USA — all via a common technology platform based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42. T-Mobile USA’s innovative wireless products and services help empower people to connect to those who matter most. Multiple independent research studies …read more
Source: FULL ARTICLE at DailyFinance

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Visa Named One of the World's Most Ethical Companies

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By Business Wirevia The Motley Fool

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Visa Named One of the World’s Most Ethical Companies

Recognized by Ethisphere Institute for leadership in promoting ethical business standards

FOSTER CITY, Calif.–(BUSINESS WIRE)– Visa Inc. (NYS: V) , the global payments technology company, today was recognized for leadership in business ethics when it was placed on the 2013 list of the World’s Most Ethical Companies by Ethisphere Institute, a leading international think tank. Visa joins a group of global brands who are dedicated to doing business with world-class ethical practices and promoting ethical business standards.

The Ethisphere Institute is dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption, and sustainability. This is the seventh year that the Institute has produced its annual list, and the first time Visa has earned a position on it since becoming a publicly-traded company in 2008.

“Visa is honored to be part of this group of companies who are committed to operating at the highest level of ethics,” said Ellen Richey, Chief Enterprise Risk Officer of Visa Inc. “This recognition reflects the commitment of Visa’s employees worldwide to the highest levels of ethical business practices and trust. Trust is critical to our business of enabling electronic commerce, and that’s what we’ve done for more than 50 years.”

Ethisphere uses a proprietary Ethics Quotient (EQTM) rating system to evaluate companies’ performance in an objective, consistent and standardized way. The EQ framework consists of five core evaluation categories including ethics and compliance program; reputation, leadership and innovation; governance; corporate citizenship and responsibility; and culture of ethics.

“Visa Inc. continues to set the bar within its industry for a number of its ethics programs,” said Alex Brigham, executive director of the Ethisphere Institute. “As more companies each year strive for recognition, Visa Inc. was added to World’s Most Ethical 2013 by demonstrating its strong commitment to ethical practices.”

Visa takes a comprehensive approach to ethical business practice, including industry-leading policies, trainings and programs. For example, Visa’s Code of Business Conduct and Ethics, which applies to all employees and directors, emphasizes that honesty and integrity are of paramount importance in every activity. In addition, Visa’s Corporate Responsibility program is focused on areas where its business expertise and philanthropic contributions can contribute to financial inclusion, humanitarian support, community involvement, and responsible business practices.

View the complete World’s Most Ethical Companies 2013 …read more
Source: FULL ARTICLE at DailyFinance

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Cummins Named One of World's Most Ethical Companies by Ethisphere

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By Business Wirevia The Motley Fool

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Cummins Named One of World’s Most Ethical Companies by Ethisphere

COLUMBUS, Ind.–(BUSINESS WIRE)– Today, Cummins Inc. (NYS: CMI) has been named to the Ethisphere Institute‘s list of the World’s Most Ethical Companies for a sixth consecutive year.

The Ethisphere Institute recognizes companies that outperform their industry peers when it comes to ethical behavior. A record number of companies applied to make the 2013 list.

“We’re pleased to receive this recognition from the Ethisphere Institute,” said Mark Sifferlen, Vice President, Ethics and Compliance, Cummins Inc. “Cummins has a long history of operating in a transparent, ethical manner, with integrity and responsibility. These qualities are part of our culture and they play a key in the success of our company.”

“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,” said Alex Brigham, Executive Director of Ethisphere.

Companies applying to be on Ethisphere’s list must complete a lengthy survey and the institute then reviews their ethics codes and any litigation or regulatory infractions the companies might be involved in.

The complete list of ethical companies can be viewed at http://ethisphere.com/wme.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 44,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.66 billion on sales of $17.3 billion in 2012. Press releases can be found on the Web at www.cummins.com. Follow Cummins on Twitter at @Cummins and on YouTube at CumminsInc.

Cummins Inc.
Jon Mills, Director – External Communications, 317-658-4540
jon.mills@cummins.com

KEYWORDS:   United States  North America  Indiana

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Source: FULL ARTICLE at DailyFinance

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Ecolab Named One of the World's Most Ethical Companies for Seventh Consecutive Year

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By Business Wirevia The Motley Fool

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Ecolab Named One of the World’s Most Ethical Companies for Seventh Consecutive Year

Ethisphere recognizes Ecolab for ethical business practices and industry leadership

ST. PAUL, Minn.–(BUSINESS WIRE)– For the seventh consecutive year, Ecolab Inc. (ECL) has been named one of the world’s most ethical companies by the Ethisphere Institute. Since 2007, the Ethisphere Institute has awarded the annual designation to companies throughout the world that demonstrate the highest ethical standards.

“Every day Ecolab’s 41,000 associates strive to make the world cleaner, safer and healthier,” said Douglas M. Baker, Jr., Ecolab chairman and chief executive officer. “This purpose guides usto manage our global operations with integrity and care for the health, safety and prosperity of our associates, customers, communities and the environment.”

The Ethisphere Institute is a leading international organization dedicated to the creation, advancement and sharing of best practices in business ethics, governance, anti-corruption and sustainability. Ethisphere reviewed a record number of nominations from companies representing 36 industries and more than 100 countries.

“We are seeing more companies like Ecolab be proactive and create new initiatives that expand ethics programs and cultures across entire industry activities,” said Alex Brigham, executive director, 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 performance.”

The methodology for the ranking 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. For more information, visit www.ethisphere.com/wme.

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 2012 sales of $12 billion and 41,000 associates, Ecolab delivers comprehensive solutions and on-site service to ensure 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.

Follow us on Twitter @ecolab or Facebook at facebook.com/ecolab.

(ECL-C)

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Source: FULL ARTICLE at DailyFinance